OPEN-SOURCE SCRIPT

Kıvanç HL MTF

11995
MULTIPLE TIME FRAME version of KIVANÇ HL Indicator:

Kıvanç HL indicator is a useful tool to define RESISTANCE and SUPPORT levels by analyzing previous HIGH and LOW levels od fibonacci lengths.

There are 3 lines HIGH, LOW and their exact average MID line.
Each line could be a significant support and resistance level due to the price action.
Breakouts are very important when supported by volume and new highs are expected when upward breakouts take place.

Version 2 has 4 more levels of lines calculated with Fibonacci constants between the HIGH and LOW lines.
Version 2 can be activated by cheching the box in the settings of the indicator.

Special thanks from me to MaviliM for developing such a great indicator and giving my name


creator: @mavilim0732 on twitter

Here's the link to the complete list of all my indicators:
tr.tradingview.com/u/KIVANCfr3762/

İndikatörü geliştiren: @mavilim0732 on twitter

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.