SighTTrader

AutoFib Extensions -by Stocksight

Autofib Extensions will automatically appear instantly when the candle breaks the high based on the period selected. Updates itself instantly, will show you the price of each level at the moment. Default uses a 3 period offset but can be modified.
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//Auto Fib Extentions created by Stocksight January 1, 2016 Version 1.0

study("AFEXT", overlay=true, max_bars_back= 89)
z = input (50)
p_offset=input(3)

a=(lowest(z)+highest(z))/2
b=lowest(z)
c=highest(z)

//fib extension Calcs
fib1 = (((c-b)*1.13)+b)
fib2 = (((c-b)*1.272)+b)
fib3 = (((c-b)*1.41)+b)
fib4 = (((c-b)*1.500)+b)
fib5 = (((c-b)*1.618)+b)
//Calcs for a total of 7 fib extensions available, only four will plot.
fib6 = (((c-b)*1.764)+b)
fib7 = (((c-b)*2.00)+b)

fib8 = (((c-b)*-.13)+b)
fib9 = (((c-b)*-.272)+b)
fib10 = (((c-b)*-.41)+b)
fib11 = (((c-b)*-.500)+b)
fib12 = (((c-b)*-.618)+b)
fib13 = (((c-b)*-.764)+b)
fib14 = (((c-b)*-1.00)+b)

p1 = close > c[p_offset] ? fib1[p_offset] :na
p2 = close > c[p_offset] ? fib2[p_offset] :na
p3 = close > c[p_offset] ? fib3[p_offset] :na
p4 = close > c[p_offset] ? fib4[p_offset] :na
p5 = close > c[p_offset] ? fib5[p_offset] :na

p8 = close < b[p_offset] ? fib8[p_offset] :na
p9 = close < b[p_offset] ? fib9[p_offset] :na
p10 = close < b[p_offset] ? fib10[p_offset] :na
p11 = close < b[p_offset] ? fib11[p_offset] :na
p12 = close < b[p_offset] ? fib12[p_offset] :na


plot(p1, color =yellow, style=linebr,join = true)
plot(p2, color = gray, style = linebr, join = true)
plot(p3, color = gray, style = linebr, join = true)
plot(p4, color = red, style = linebr,join = true)
//plot(p5, color = black, style = linebr,join = true)


plot(p8, color =yellow, style=linebr, join = true)
plot(p9, color = gray, style = linebr,join = true)
plot(p10, color = gray, style = linebr,join = true)
plot(p11, color = red, style = linebr,join = true)
//plot(p12, color = black, style = linebr, join = true)


coondawg71 PRO
10 months ago
Nice idea, very creative.
Reply
SighTTrader
9 months ago
Thanks, hope its helpfull.
Reply
Bullcrazy PRO
8 months ago
is the variable a just there for future reference?
Reply
Bullcrazy PRO Bullcrazy
8 months ago
from line 7
Reply
SighTTrader Bullcrazy
7 months ago
Yeah that variable wasnt used, forgot to erase it.
Reply
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