Golden Ratio Fibonacci Multipliers Top Detector [UO] — Indicator by umur.ozkul

supportandresistance ema simplemovingaverage top bottom sma goldenratio btc bnb

Fibonacci levels that show the critical top and bottom levels. There is no way to miss the top and bottom. And a top detector.

Also the most important SMA lines (SMA 50, 200), EMA21. Those are the most frequently used lines by traders.

This indicator is based on the work of
His work set me thinking. Could I also see the bottom using Fibonacci numbers? Yes, of course.

My favorite timeframes with this indicator are 6H, 1D, 3D.

Intensively used for BTC and BNB. And useful for any other coin.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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