OPEN-SOURCE SCRIPT
Fibonacci Levels Strategy with High/Low - AYNET
Higher Timeframe Candles:
Fetches open, high, low, and close from a user-defined higher timeframe using request.security.
Uses plotcandle to draw the higher timeframe candles over the chart.
Fibonacci Levels:
Dynamically calculates Fibonacci levels (0.0 to 1.0) based on the high and low of the higher timeframe candle.
Visualization:
Higher timeframe candles are color-coded:
Green: If the close is higher than the open.
Red: If the close is lower than the open.
Fibonacci levels are plotted as horizontal lines.
Trading Logic:
Example conditions:
Long Entry: When the price crosses above the 50% and 78.6% levels.
Short Entry: When the price crosses below the 50% and 23.6% levels.
Use Cases
Multi-Timeframe Analysis:
Combine lower timeframe price action with higher timeframe trends.
Fibonacci-Based Trading:
Identify key retracement levels for entries and exits.
This script allows for effective visualization of Fibonacci levels and candlestick patterns, enhancing your ability to make informed trading decisions. Let me know if you’d like additional customizations! 😊
Fetches open, high, low, and close from a user-defined higher timeframe using request.security.
Uses plotcandle to draw the higher timeframe candles over the chart.
Fibonacci Levels:
Dynamically calculates Fibonacci levels (0.0 to 1.0) based on the high and low of the higher timeframe candle.
Visualization:
Higher timeframe candles are color-coded:
Green: If the close is higher than the open.
Red: If the close is lower than the open.
Fibonacci levels are plotted as horizontal lines.
Trading Logic:
Example conditions:
Long Entry: When the price crosses above the 50% and 78.6% levels.
Short Entry: When the price crosses below the 50% and 23.6% levels.
Use Cases
Multi-Timeframe Analysis:
Combine lower timeframe price action with higher timeframe trends.
Fibonacci-Based Trading:
Identify key retracement levels for entries and exits.
This script allows for effective visualization of Fibonacci levels and candlestick patterns, enhancing your ability to make informed trading decisions. Let me know if you’d like additional customizations! 😊
开源脚本
本着真正的TradingView精神，此脚本的作者已将其开源，以便交易者可以理解和验证它。向作者致敬！您可以免费使用它，但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。