The Fibonacci Channel is a technical analysis tool that is used to estimate support and resistance levels based on the Fibonacci numbers. It is a variation of the Fibonacci retracement tool, except with the channel the lines run diagonally rather than horizontally. This study will automatically place the channels where the levels indicate future areas of...
This script use : - A custom Chande Kroll Stop for generate the channel - Some custom Parabolic S.A.R for generate cycles This script can be separated into 3 categories: - Channel Kroll generator : one layer for the actual interval and a layer for a Large Timeframe .(with ratio) - "Range" generator : one layer for actual Interval and a layer for...
An improved version for minimum and maximum in a day trading session. You can choose the session resolution, it ranges from 1 minute to 1 week. It works well for stocks and non-extended sessions due to security() function limitations. Any suggestions, please leave a comment. Happy trading.
EXPERIMENTAL: needs validation if calculation is correct for the ADR. granted it has more use with optional timeframe.
EXPERIMENTAL: a experiment using bollingers and directional momentum, Breakout detector.
EXPERIMENTAL: trend and range analysis using dolchian and bollinger channels methodology merged into one, possibly it can be used to extract 3d depth of market :p