|AG| Previous Analysis

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█ OVERVIEW

Analysis of previous levels is one of the best strategies in order to get good entries or take profits levels. This analysis involves Monthly and Weekly Previous Levels and One User Definition Option. So u could select any period like Daily or even hours according to ur trading style. The previous levels are High and Low. And the Current (NOT PREVIOUS) open level.

This script also includes one Fibonacci Selector that will calculate the Fibbo level between previous High and Low Levels of the user selection. Almost everything could be modified in the input panel.

Input Options
A detailed explanation of input settings:
• # Of Previous
• This option leads us to select the number of previous weeks, months, or the user selection back.
• Example: If we select Previous High, Low WEEKLY so if # Of previous is one is going to be the past levels but if is 2 so consequently 2 previous levels.
• In the case of 0 is going to be the actual levels
• Fibbo & Label Selector
Here we can select the period.
• Monthly, Weekly, And User Definition is available.
• Fibonacci Selector :
• Here we could choose between different levels of Fibonacci or No_Plot Option
• Label Offset
• Here we select the amount of distance between label and actual price
• Time Start
• Here we could highlight one period START and END like one Week start day and end day.
• User Definition Value in order to be more flexible.

Interesting Code Lines:
• Fibonacci function

```getFib(a, b)=>
fib1 = a + (b - a) * -0.618
fib2 = a + (b - a) * -0.270
fib3 = a + (b - a) *  0.114
fib4 = a + (b - a) *  0.214
fib5 = a + (b - a) *  0.382
fib6 = a + (b - a) *  0.500
fib7 = a + (b - a) *  0.618
fib8 = a + (b - a) *  0.786
fib9 = a + (b - a) *  0.886
ext_ = a + (b - a) *  1.270
ext1 = a + (b - a) *  1.618
[fib1, fib2, fib3, fib4, fib5, fib6, fib7, fib8, fib9, ext_, ext1] ```

• Exact Distance and % Distance
```f_dist (_src, _src3) =>
float _dist = _src3 - _src
float _perc = _dist / _src3 //* 100
[_dist, _perc]```
Notes de version:
-> Adding new Fibonacci Levels that could be used as entries or targets
Script open-source

Dans le véritable esprit de TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par le règlement. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.

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