Auto Fib Retracement AlertsFor the fibonacci traders.
The Auto Fib Retracement Is a good indicator for tradingview to show you the current alerts and points to watch in the market
IMPORTANT SETTING => Retracement
This controls your alert levels
I have modified it to deliver the following
+Custom Fib retracement level alerts
+Drawing of old levels and retracement levels
+Backtesting Old Alerts
There are two shapes drawn on the chart;
Shown When the fib end is attained and market retraces back to your level
1. Buy retracement -
2. Sell retracement
How are they detected?
When we have new levels in the market; this is when the red or gree line changes, we calculate the new fib level that we will be watching for retracement
This is the purple level drawn on the chart
When the market first crosses below or above this level, The alert will be fired.
Consequent crosses are not updated
Enjoy! 😍
Originally requested by trade atechproduction
Fibs
™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.
SAMURAI SWORDSamurai Sword is an add on tool for Ninja Scalper and the next evolution of the Trend Trade Indicator.
It auto plots the fib retracement to speed up target acquisition support and resistance areas based on the formula to increase the success rate of trade entry and exits.
None of this is to be taken as investment advice but rather Edutainment and infotainment
#TradeSocially
ote 3d v0This was supposed to be an automatic ICT OTE (Optimal Trade Entry) Fib level placement on a 3-day scale, but this did not turn out anywhere near close to how I envisioned it working.
Probably with some more development and applied math for the fib levels, I can get this to work even with breached 3D levels, but currently it's an exercise in frustration.
BOSS| FIBONACCIBOSS PRO TRADING SYSTEM INDICATORS
Used to determine directional movement and potential Fibonacci support/resistance levels.
Pivot Points use the prior period's high, low and close to estimate future support and resistance levels.
Set alerts for each individual fib and pivot, or set one alert for any fib or pivot cross.
Use Daily for lower time frames
Use Weekly for higher timeframes
Use monthly for 12H and up
Indicator Is a part of our PRO trading system.
Purchase System Here: bosscripts.com
Custom Timeframe FibsThis is a testing project for fib levels to try out fivs on multi timeframes
Thank you ShoujiSuzuki
™TradeChartist Fib Extensions™TradeChartist Fib Extensions is a free to use script that helps traders plot Fibonacci Extensions on chart. Even though Trading View has a Fib extensions tool, some traders may prefer a plotting script like this with Fib plot lines extending across the whole of the chart to track historic prices in relation to Fib extensions drawn.
----To draw Fib extensions for uptrend ,
1. Choose a Pivot Low point (LL or a HL) as Pivot 1
2. Choose a Pivot High point (must be higher than Pivot 1) as Pivot 2
3. Choose a Pivot Low point (must be lower than Pivot 2, must be Higher than Pivot 1)
----To draw Fib extensions for downtrend,
1. Choose a Pivot High point (HH or a LH) as Pivot 1
2. Choose a Pivot Low point (must be lower than Pivot 1) as Pivot 2
3. Choose a Pivot High point (must be higher than Pivot 2 and lower than Pivot 1)
Negative extensions of -23.6% and -61.8% fib plots may be useful for some to spot reversals or to set stop losses.
Higher levels can be used if price goes beyond 161.8%
This is a free to use indicator. Give a thumbs up or leave a comment if you like the script
Check my 'Scripts' page to see other published scripts. Get in touch with me if you would like access to my invite-only scripts for a trial before deciding on a paid access for a period of your choice. Half-Yearly, Annual and Lifetime access available on invite-only scripts along with 1hr Team Viewer intro session.
™TradeChartist Fibonacci Plotter™TradeChartist Fibonacci Plotter is a free and easy to use script to plot Fibonacci levels, 20 EMA (20 period Exponential Moving Average) and Pivot Highs/Lows on any time frame chart on any assets like Stocks, Forex, Commodities, Cryptocurrencies etc.
Fibonacci Levels can be plotted using the following options from settings.
1. Lookback type - Candles
Calculates the High and Low price of the user input number of Candles back (100 default) and plots Fibonacci Levels based on the calculated High and Low for the number of candles in the past from the current candle
2. Lookback type - Days
Calculates the High and Low price of the user input number of Days back (100 default) and plots Fibonacci Levels based on the calculated High and Low for the number of days in the past from the day of the current bar. The levels stay intact on any time frame as long as no new Highs or Lows are formed.
3. Manual Price Input
Plots Fibonacci Levels based on the user specified High and Low Price in the settings input screen. The levels stay intact on any time frame irrespective of new Highs or Lows being formed. Using this option and activating higher Fibonacci Levels like 1.272, 1.414 and 1.618 will enable the trader to keep the Levels intact and set alerts based on static higher levels for trade execution when price crosses beyond 100% retracement. On the other two lookback types, higher levels when activated will move dynamically based on new highs or lows being formed and price will never go beyond 100% level.
Example of Manual Price Input for GBP-USD on 1hr chart with higher levels is shown below:
Also the levels can be reversed by checking "Reverse Fibonacci Levels" from settings (Off by Default)
In addition to the Fibonacci plot, 20 period EMA (On by Default) and Pivot Highs/Lows (On by Default) are coded into the script as optional extras as both of these indicators will help make an informed decision in making trade decisions using Fibonacci Levels.
This is a free to use indicator. Give a thumbs up or leave a comment if you like the script
Check my 'Scripts' page to see other published scripts. Get in touch with me if you would like access to my invite-only scripts for a trial before deciding on a paid access for a period of your choice. Monthly, Quarterly, Half-Yearly and 1 Year access available on invite-only scripts along with 1hr Team Viewer intro session.
linear and Bollingers Bands and Fibonacci ratios This model give us the following
1 .linear regression channel
2.dynamic upper and lower fibs
3. upper and lower bollinger bands
each specific to the time frame that you use
So by using all 3 in one indicator it easy to see ressistance and support level
RyuFib Auto Fibonacci Retracement🔰 Auto Fibonacci Retracement
📌Auto plots the Fibonacci levels the same as the Fib Retracement tool from the high to low or low to high according to the set length. This tool saves you 2 seconds from manually drawing the Fibonacci Retracement, however, having to do on 100 different charts can save time; and can set up on various timeframes to show to get a quick look at the fib support/resistance levels of the chart. Shows additional fib levels and fib extensions. Can set custom timeframe to add multiple fib indicators for different timeframes shown, or to always show a particular timeframe. Can set the length for different timeframes, so you can flip between timeframes without having to adjust. The 12h and daily timeframes are shorter length since if it's too long the chart history may not be long enough.
📌Features
🔹Fibonacci Retracement Levels (show/hide all)
🔹Fibonacci Extension Levels (option show/hide all)
🔹Fibonacci Text Labels (option show/hide all)
🔹Select fib Retracement type, from high to low or low to high
🔹Select fib candle type, from the wick or candle close
🔹Select fib custom timeframe
🔹Select custom length back for different timeframes, shorter 4h and under, 12, and daily
🔹Select fib line width
🔹Select fib text labels position offset
📌Note: If the fibs are not showing then the chart history is too short for the length, adjust the fib length.
Levels Generator with Fibs"Levels Generator with Fibs" is an easy to use and a well coded 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 or Global levels from indicator settings.
Plots Fibonacci retracement levels between high and low based on 'Days' or 'Candles' lookback from indicator settings.
What markets can this script be used on?
Forex
Stocks
Commodities
Cryptocurrencies
and almost any asset on Trading View
Does the script repaint levels?
No. The script does not repaint as it plots levels based on the past price movement. The only time the levels change for a given timeframe is when the price makes a new All Time High or a new All Time Low.
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 All Global Levels - Plots all important levels from ATH to ATL (dependent on data age/availability on Trading View) - recommended for Long term outlook
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.
Can the levels lines' colors be changed?
Yes. The color of the Higher TF levels and all Global levels (from "Plot All Global Levels") can be changed from the 'Styles' tab from the indicator settings. Some lines change between green and red (which show on both light and dark themed background), so they are not editable and are hidden, but all other lines can be edited to show /hide or change color from the 'Styles' tab on the indicator settings.
What chart background is recommended?
The colors of the levels are neutral to both light and dark background of the chart screen, but a black or a dark background shows the lines even better. It comes down to user preference. If the default horizontal and vertical lines on chart screen is of no use, it can be hidden from 'Background' tab on Trading View chart settings by increasing the transparency of the lines all the way up.
Get in touch with me if you would like access to the script on monthly, 6 monthly or annual basis.
Fib Signals | -- MoonLaunchr --Script that can display signals against key Fibonacci levels based on highs and lows within a given time-frame
Set the number of days back in time that you would like the indicator to look for the high and low for calculating fibs.
Bear Market options include sub-level fibs within the 12.3% range - 38.2 and 61.8% 3 levels deep.
Signals when crossing over and under key fibs.
Set ALERTS for each key fib piercing.
Set ALERTS when new highs or lows are made.
All levels and signals can be displayed or hidden and customised within the indicator options.
Next candle price projection.
Bull Market key fib sub-levels will be added in the next update (top 12.8% sub-levels 1,2 & 3).
Happy trading!
Fibonacci Retracement (L)-BronzeThe Automatic Fib Retracement - Bronze script indicates the 50% pullback line and upper 50% region.
The lines of the upper and lower pivots, the support and resistance areas are also highlighted.
Customisable Fib Length - Time period over which max and min pivots are chosen.
Offsetfib - Automatically offsets the 50% region and pivots as your entry position
will be some time after the upper and lower pivots are set.
Works well when used in combination with an oscillator which highlights Divergence.
A strategy based off buying the 50% with a defined stop loss and target can be the basis of your strategy.
This tool will automatically plot those points but a defined Risk Management strategy will always be needed.
Works best in Bullish trends but will work on all timeframes (Bullish correction in downtrend also possible).
Previous pivots shown but be careful to identify which of the several pivots you are using.
Start at a larger timeframe and move down as necessary.
Pivots and retracements are dynamic. Be sure to note your entry and targets.
Auto FibTook the code from LazyBears rsi-fib and made it so you could apply it to a chart. It plots fib levels between the high and low of a timeframe of your choosing. Seems to line up well with custom drawn fib levels.
Not sure if it's any better than just drawing the lines yourself, but whatever.