TradingView
Tommy_Rich
4 août 2022 12:52

TR High-Low 

British Pound/Japanese YenFXCM

Description

Draw a ZigZag line, a trend line , a High-Low line, and two Fibonacci lines.

1. draw ZigZag line
1-1. detect High-Low value
1-2. High-Low value is saved as a provisional value when it is updated
1-3. checks if the provisional value reaches the specified price difference (Difference) when the specified length (High-Low length) is reached
1-4. if the provisional value reaches the specified price difference (Difference), it is officially saved as a High-Low value
1-5. if the provisional value has not reached the specified price difference (Difference), it checks if the price difference (Difference) is reached
for the specified number of extensions (Extension). If it does, the provisional value is officially saved as a High-Low value.
Even if the price difference is not reached and the number of extensions has been reached, the provisional value is officially saved as the High-Low value.
1-6. draw a ZigZag line connecting the detected High-Low values

2. draw a horizontal line
2-1. draw a horizontal line on the High-Low value detected when drawing the ZigZag line

3. Draw a trend line
3-1. Draws a trend line using the High-Low value detected when drawing a ZigZag line

4. Draw a Fibonacci line
4-1. draws a Fibonacci line based on the first and second from the end of the ZigZag line by default

Notes de version

Minus parameter support.

It is now possible to make trend lines gradually thinner.

Notes de version

Adjusted color scheme when Fibonacci is in single mode.
Corrected the gradient of the trend line.

Notes de version

Fibonacci text size and text position support

Notes de version

The color of the trend line corresponding to the selected Fibonacci can now be changed.

Notes de version

(1) Bug Fixes
(2) Fibonacci label position adjustment support
Commentaires
vinikumar72
How to use it.can you explain
drgentleman1
wow.thanks.
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