OPEN-SOURCE SCRIPT

Golbach Advanced Fibonacci Levels

Advanced Custom Fibonacci Levels Indicator:
This custom indicator allows traders to apply multiple Fibonacci levels on the price chart, calculated based on a user-defined price (A) and a variable (a). The Fibonacci levels are displayed as lines at significant price levels with customizable enable/disable options, colors, and labels for easy identification.
For the Price value, we take the first 5 digits of the price (removing the decimal point).
DR Low = Int(Price/PO3) x PO3
DR High = DR Low + PO3
PO3 = 27,81, 243, 729, 2187, .....

Key Features:
Customizable Price & Variable: Enter your own price value (A) and select from predefined variable options (21, 81, 243, 729, 2187).
Multiple Fibonacci Levels: Enable or disable key Fibonacci levels, such as 3%, 11%, 17%, 29%, 41%, and more.
Customizable Colors: Adjust the color of each Fibonacci level according to your preferences.
Dynamic Plotting: View low and high levels, alongside the selected Fibonacci levels, for better decision-making.
This tool is designed for traders who wish to apply advanced Fibonacci analysis to identify potential support and resistance zones based on custom parameters.
Breadth IndicatorsCandlestick analysisChart patterns

Script open-source

Dans le plus pur esprit 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 nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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