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TESTEDfx Ultimate FIB SwingThis indicator displays FIB levels which price tends to respect and bounce off much of the time. It is not suitable to trade based on this indicator alone. It was originally designed to augment our flagship Pitchfork Intersection tool but is useful with many trading systems. In our trading system we use it to confirm an already established precise entry point. The levels it produces on it's own are not precise enough to get 4R trades as we do with our pitchforks tool. Thus please only use it as a confirmation tool, not an entry tool. I am releasing it to the tradingview community because it is useful as a confirmation tool with any other strategy which uses SR levels or pivot points. It can be used to confirm your signals. It has has some built in signals based on RSI and divergences. These signals are experimental and should not be used to trade on their own. If you like it please reach out to me and let me know. I would love to learn how it is benefitting you. Also if you would like to learn how I use it let me know that too. Doug Collins TESTEDfx
Pine Script® indicator
by TestedFX
Phoenix085-Studies-PerCentage Current Price ((fib-pivot-%))Misc Details : Another Indicator and Totally my own concept... If others have similar study already then Credit to them for coming up with this even before I did but this is just me fiddling with pinescript trying to paint my dream like a great man once said... Background : I am a strong believer of Market being Fractals and what best way to script it than Pivots. So I just wanted to identify the Pivot High and Pivot Low of some period(in the script it is set to 500, please do play with it to get the best setting which captures atleast the major highs and lows of recent past) I also think that Fibonacci levels are very crucial and so wanted to see how the market reacts at the Fibonacci ratios from Pivot High and Low. Overview : As said above the price at Pivot Low is considered as 0% on the graph and Value at Pivot High as the 100%. Depending on the CMP, the thick white line is plotted... The main thing of interest here is the Horizontal lines are Fib Levels and the market kinda reacts around those levels as the buyers and sellers have to come to equilibrium... A price retracing from the 100% level just means Double Top = Sell(Probable) and a bounce from the 0% just means a double bottom = Buy(Probable).... Also this indicator along with my other Public indicator() might give a better understanding of the price actions (I Hope)... This is free to use and share with as many as you like... Credits: All the great people who have greatly influenced and still continue to do so... @JustUncleL @BigBitsIO @TheArtofTrading @QuantNomad @SquigglesNiggles and many many many more
Pine Script® indicator
by Phoenix085
2
User-Inputed Time Range & FibsGreetings Traders! I have decided to release a few scripts as open-source as I'm sure others can benefit from them and perhaps make them better.(Be sure to check my Profile for the other scripts as well: www.tradingview.com). This one is called User-Inputed Time Range & Fibs. The idea behind this script is to record the Range Highs and Lows of a User Defined Period, and plot potential Targets based on either Fibonacci Extensions or a Multiple of the Range Size. I created this originally for use with the US Session Initial Balance(From 9:30-10:30AM EST), however it can be set to any time period. What is Initial Balance? In simple words, Initial Balance (IB) is the price data, which are formed during the first hour of a trading session. Activity of traders forms the so-called Initial Balance at this time. This concept was introduced for the first time by Peter Steidlmayer when he presented the market profile to traders(atas.net). The IB is monitored as a break-out area for Range Extension traders. The IB High is also seen as an area of resistance and the IB Low as an area of support until it is broken(www.mypivots.com). As a note, depending on the Time Zone you are in, you may need to manually add or subtract from the Timed Range to match the desired Time. For example in NY Eastern Time, I have to use 8:30-9:30AM to Capture the 9:30-10-30AM IB for ES and NQ. Similarly, I must use 14:30-15:30PM to Capture the 9:30-10-30AM IB for BTC. You will need to make adjustments based on the Time Zone you are located in. I wanted to give a Special Thanks to @PineCoders for the Custom Rounding Function from Backtesting/Trading Engine--> (), Pinecoders.com for help with Tracking the Highs/Lows--> (www.pinecoders.com), and @TradeChartist for allowing me to use some of the code for the Fibonacci Extensions from his script here--> (). If you like User-Inputed Time Range & Fibs, be sure to Like, Follow, and if you have any questions, don't be afraid to drop a comment below.
Pine Script® indicator
by DrCatherineHalsey
13
bgeraghty_FibCastThis script draws a High-To-Low or Low-To-High Fibonacci Retrace over the chart, based on which of those two happens in the given time period (Default is 144 Candles). Updates from older versions: - Paints 0.5, 0.618, 0.65 and spaces in between, giving good hindsight to the trend, and ideas of where strong support/resistance may lie. - Silver Paint Strip = 0.50 retrace, Gold = 0.618-0.65, and the Red/Green between indicates the direction of the (Fib) Trend as H->L or L->H - Paints 0.144 and 0.886 ranges Blue, and these are typically extremes or possible reversal zones. (PRZ)
Pine Script® indicator
by bgeraghty
2
™TradeChartist Levels Generator V4"™TradeChartist Levels Generator" is an easy to use script that can be used by traders of all levels from beginners to advanced professionals. What does the script do? Plots the support and resistance levels automatically based on user preference of Local levels of Lower or Higher Timeframe from indicator settings. Plots Fibonacci retracement levels between high and low based on 'Days' or 'Candles' lookback from indicator settings. The script proves to be very effective when used with another indicator for trend confirmation like the ribbon (not included in this script) shown on chart. What markets can this script be used on? Forex Stocks Commodities Cryptocurrencies and almost any asset on Trading View What is the difference between "Plot Levels" and "Plot Fibonacci Levels"? "Plot Levels" plots support and resistance levels automatically without any input from the user other than preferred levels 'plot' from the indicator settings namely Plot Local Levels for Higher TF - Plots all important Support/Resistance levels for mostly higher time frames (1hr or higher) - Short to Mid term outlook Plot Local Levels for Lower TF - Plots all important Support/Resistance levels for mostly smaller time frames (can be used for up to 1hr in most cases) - Recommended for Scalping/Swing Trading mostly dependent on volatility "Plot Fibonacci Levels" plots all standard Fibonacci retracement levels - 0, 23.6%, 38.2%, 50%, 61.8%, 78.6% and 100% based on "Days" Lookback - Fibonacci levels between High and Low based on number of days in the past, starting from the current day on any time frame chart "Candles" Lookback - Fibonacci levels between High and Low based on number of candles in the past, starting from the current candle on any time frame chart Can the Fibonacci levels be reversed? Yes. The Fibonacci levels can be reversed by checking the "Reverse" checkbox from the indicator settings. This is very handy if the trend looks like there may be a support or resistance from one of the Fib levels and a possibility of a new high or a new low based on the price action. What is the need for "Plot 1.272 Fibonacci Level" under "Plot Fibonacci Levels"? 1.272 is an important Fibonacci number as it is the square root of 1.618 and is the near support or resistance after 100% price retracement. Even though it keeps moving on the chart dependent on the new high or new low based on Days/Candles lookback, it serves as a 'nice to have' reference for any trader looking beyond 100% retracement for support/resistance . Why do the 'local levels' lines' color changes between green and red? The nearby levels lines change color based on price closing above or below them. This happens to only closest local levels for lower TF near price action and for top/bottom lines of the local levels for higher TF. The line turns green when it becomes support as price closes above it. The line turns red when it becomes resistance as price closes below it. This is a free to use indicator. Give a thumbs up or leave a comment if you like the script.
Pine Script® indicator
by TradeChartist
20
PDF {pSAR /w HiLo Trends + Fib Retrace/Extension Levels}parabolic SAR /w HighLow Trends Indicator/Bar-color-marking + Dynamic Fib Retrace and Extension Level ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ Note: In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment decisions and trades. Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions. ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ Please check out my other indicators sets and series, e.g. LIVIDITIUM (dynamic levels), AEONDRIFT (standard deviation bands), FUSIONGAPS (MA based oscillators), MAJESTIC (Momentum/Acceleration/Jerk Oscillators), PRISM (pSAR based oscillator, with RSI/StochRSI as well as Momentum/Acceleration/Jerk indicators), and more to come. Constructive feedback and suggestions are welcome. ~ JuniAiko (=^~^=)v~
Pine Script® indicator
by cybernetwork
2