3 Zigzag for MTF Fib Alert [MsF]

Trader_Morry Updated   
Japanese below / 日本語説明は英文の後にあります。
This indicator that automatically displays Fibonacci from each High & Low based on 3 Zigzags. It's useful for multi-timeframe analysis.
For example, Fibonacci calculated from the high and low prices (Zigzag 3 Period=100) of the upper timeframe can be displayed on the lower timeframe.

Also, you can set alerts for each Fibonacci point. It is useful when you are waiting for the price to return to the discount (50% or less) or the premium (50% or more) of the upper timeframe.

"Fib 1 - Crossing 0.00" … Trigger an alert when crossing the 0% line in Fibonacci of Zigzag1
"Fib 1 - Crossing 100.0" … Trigger an alert when crossing the 100% line in Fibonacci of Zigzag1
"Fib 1 - Crossing 23.6" … Trigger an alert when crossing the 23.6% line in Fibonacci of Zigzag1
"Fib 1 - Crossing 38.2" … Trigger an alert when crossing the 38.2% line in Fibonacci of Zigzag1
"Fib 1 - Crossing 50.0" … Trigger an alert when crossing the 50.0% line in Fibonacci of Zigzag1
"Fib 1 - Crossing 61.8" … Trigger an alert when crossing the 61.8% line in Fibonacci of Zigzag1
"Fib 1 - Crossing 76.4" … Trigger an alert when crossing the 76.4% line in Fibonacci of Zigzag1
*Same as Zigzag 1 and Zigzag 2 too.

"Choose Zig Zag Leg for fib" parameter means...
Latest : Calculate Fibonacci based on "the most recent Zigzag line".
Previous : Calculate Fibonacci based on "the previous Zigzag line".


Zigzag 1 Period … 8
Zigzag 2 Period … 25
Zigzag 3 Period … 100



"Fib 1 - Crossing 0.00" … Zigzag1のフィボナッチにおいて、0%ラインとクロスした場合にアラートを発報します
"Fib 1 - Crossing 100.0" … Zigzag1のフィボナッチにおいて、100%ラインとクロスした場合にアラートを発報します
"Fib 1 - Crossing 23.6" … Zigzag1のフィボナッチにおいて、23.6%ラインとクロスした場合にアラートを発報します
"Fib 1 - Crossing 38.2" … Zigzag1のフィボナッチにおいて、38.2%ラインとクロスした場合にアラートを発報します
"Fib 1 - Crossing 50.0" … Zigzag1のフィボナッチにおいて、50.0%ラインとクロスした場合にアラートを発報します
"Fib 1 - Crossing 61.8" … Zigzag1のフィボナッチにおいて、61.8%ラインとクロスした場合にアラートを発報します
"Fib 1 - Crossing 76.4" … Zigzag1のフィボナッチにおいて、76.4%ラインとクロスした場合にアラートを発報します

"Choose Zig Zag Leg for fib"パラメータについて:
Latest … 一番新しいZigzagのライン(UpまたはDown)を元にフィボナッチを計算します。
Previous … ひとつ前のZigzagのライン(UpまたはDown)を元にフィボナッチを計算します。
Release Notes:
Added N-Calculation feature to Zigzag 1. You can predict the arrival point of the zigzag.
Release Notes:
You can choose to turn on/off the display of each of the 3 zigzags.
Release Notes:
Add horizontal lines for zigzag 2 and zigzag 3 pivot points (high and lows). You can choice display ON/OFF(default:OFF) and other settings.
zigzag 2 と zigzag 3にHigh/Lowラインを追加しました。デフォルトは非表示になっています。必要に応じてご使用ください。

Release Notes:
Added function that can display plot instead of zigzag. It's optional.

Release Notes:
Bug fixed that does not change the width line of the horizontal line common line width setting.
Release Notes:
Example when N-calculation is selected.

Release Notes:
Improvement : Fib can be shown even if zigzag is hidden.

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.


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