benchch

Major Minor Fib Points Large

221 12 21
for djpark111. wanted larger circles
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study("Major Minor Fib Points", "FibP", overlay=true)
h_left_min = input(title="Minor Value", type=integer, defval=5)

h_left_low_min = lowest(h_left_min)
h_left_high_min = highest(h_left_min)
newlow_min = low <= h_left_low_min
newhigh_min = high >= h_left_high_min

central_bar_low_min = low[h_left_min]
central_bar_high_min = high[h_left_min]
full_zone_low_min = lowest(h_left_min * 2)
full_zone_high_min = highest(h_left_min * 2)
highest_bar_min = central_bar_high_min >= full_zone_high_min
lowest_bar_min = central_bar_low_min <= full_zone_low_min
plotshape(highest_bar_min ? -1 : 0, offset=-h_left_min, style=shape.circle, location=location.abovebar, color=purple, size=size.small)
plotshape(lowest_bar_min ? 1 : 0, offset=-h_left_min, style=shape.circle, location=location.belowbar, color=purple, size=size.small)



h_left = input(title="Major Value", type=integer, defval=13)

h_left_low = lowest(h_left)
h_left_high = highest(h_left)
newlow = low <= h_left_low
newhigh = high >= h_left_high

central_bar_low = low[h_left]
central_bar_high = high[h_left]
full_zone_low = lowest(h_left * 2)
full_zone_high = highest(h_left * 2)
highest_bar = central_bar_high >= full_zone_high
lowest_bar = central_bar_low <= full_zone_low
plotshape(highest_bar ? -1 : 0, offset=-h_left, style=shape.circle, location=location.abovebar, color=blue, size=size.small)
plotshape(lowest_bar ? 1 : 0, offset=-h_left, style=shape.circle, location=location.belowbar, color=blue, size= size.small)
benchch
6 months ago
As the description says this is just an edit on the original indicator for user djpark111. I don't know if there is a more efficient way to post an edit on tradingview without doing a new post yet. If there is please help me be replying to this post with that process.

The original is here if you're interested
Major Minor Fib Points
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djpark111 benchch
5 months ago
Blue dots are Major==> Major trend, Purple are Minor. => Minor trend/ Nearterm trend.
, ....
Is Right?
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djpark111 djpark111
5 months ago
1.One cycle : Blue dot~~~~Purple dot~Purple dot~~~~Blue dot.
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benchch djpark111
5 months ago
Theres no strict dot cycle. A blue dot high to a blue dot low should show you more accurately where to draw your fibonacci retracement/extentions. The minor ones are also useful.
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djpark111
5 months ago
GOOOD CHART! THX Very much~~~! @@
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djpark111
5 months ago
snapshot
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djpark111 djpark111
5 months ago
"DEMA60" input check, plz...
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benchch djpark111
5 months ago
That is a very zoomed out chart. I would recommend going to a higher time frame if you want to see the bigger picture. You will get fewer points but more accurate points for your fibonacci drawings
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djpark111 benchch
5 months ago
higher time frame =>240, 4h?, 60~240?
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benchch djpark111
5 months ago
It's just my opinion. If you're looking at more than 300 candles on a chart you should be going up to a higher time frame. Try 240.
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djpark111 benchch
5 months ago
THX, very much... i will trying set 4h up
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Hi benchch ,

Just curious if it repaints in real time, of course when we back test it looks good, but what about the repainting part. I will know when I forward test it, but
just wanted to know from you if this repaints.

Regards
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