nickbarcomb

Multi Fib Volatility Stop

A 7-band overlapping Fibonacci volatility stop. Select the start and multiplier and 6 increasing fibonacci bands will be overlayed to suggest areas of high probability buy/ sell opportunities.
Release Notes:
+ Labels to plots
+ Arrow indicators for changes in direction (with tolerance input)
Release Notes:
~ Updated the default Arrow Tolerance to 3 (seems more helpful / accurate)
Release Notes:
~ Fixes Data view price colors so that they are visible
Release Notes:
~ Better labels in editor
~ Converted arrows to the easier to see labels
Release Notes:
~ Updates labels for the editor
Release Notes:
~ Updated to 2 -- is a better tolerance on the daily
~ Udated the indicator colors to be move visible at a glance
Release Notes:
+ Adds "Any Indicator" for a single-service alert
Release Notes:
~ Renames some vars
+ Adds "Realized" indicators which show when all stops align
Release Notes:
+ Opacity visualization to main indicators
Release Notes:
~ Updates precision: default -> 2
+ Adds Percent Change
+ Adds Indicator Trigger line - an average of all 7 stops to better visualize when the indicator was triggered
+ Price line for latest indicator
Release Notes:
~ Tones down Indicator Trigger line
~ Adjusts Indicator Tigger line to ignore percentage tolerance
Release Notes:
+ Adds editor input to toggle Money Flow filter
Release Notes:
+ Adds tags
Release Notes:
~ Updates default settings. Aligns more with daily view and reduces some noise.
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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