For my second share, I give you some levels I look at everyday for the ES minis. HLC/3 of the MTF (multi-time-frame) inputs = mean and Fib-levels formed as support and resistance zones. There are some websites that will show you 20 ways to figure out a pivot for the day's intraday workings, and this one always rang true for me. I keep it set at Res=D and...
This update is a correction on the way the Fib Zero line is calculated. Previously it was just based on the source of the previous day, which is Ok as long as the Fiblength was set to 2. The new version calculates the Fib Zero from the average of the specified source over the Fiblength, so if Fiblength is now something other than 2 the Fibonacci Zero and other...
These Bollinger bands feature Fibonacci retracements to very clearly show areas of support and resistance. The basis is calculate off of the Volume Weighted Moving Average. The Bands are 3 standard deviations away from the mean. 99.73% of observations should be in this range.
The Fibonacci Bollinger Bands indicator is based on the same principles as the standard Bollinger Bands indicator developed by John Bollinger. The Fibonacci Bollinger Bands indicator bases its upper and lower bands on volatility just like the Bollinger Bands indicator does, but instead of using standard deviation as the measure of volatility, a Wilders Smoothed...
Took the code from LazyBears rsi-fib and made it so you could apply it to a chart. It plots fib levels between the high and low of a timeframe of your choosing. Seems to line up well with custom drawn fib levels. Not sure if it's any better than just drawing the lines yourself, but whatever.
Updated and fixed version of DFC. - fixed bugs - added permanent setting for direction - added color change for terminal and breakout bars - added smart timings for line of 100% retracement
Creates a channel off of desired periods' high and low and plots Fib levels. Automatically updates itself after every candle. Easily helps find the next entry point on any time frame.
My first try on anything forex. Let me know if it needs adjustment. This is Opening Range for forex Targets set at 127% , 162%, 200 %, 262 %, 362%, 423%, 685%, 1109% and 1794% of the selected opening range. You can adjust targets as you like in the dialogue box 362%, 423%, 685%, 1109% and 1794% levels will not show unless selected in the dialogue box. Check...
EXPERIMENTAL: fan projection from zigzag.
EXPERIMENTAL: Fractals/fibs/linear regression
ACCUMULATION/DISTRIBUTION ADAPTIVE MOVING AVERAGE with FRACTAL DEVIATION BANDS Ver. 2.5 @ 16.09.2015 By Ricardo M Arjona @XeL_Arjona DISCLAIMER: The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own...
Opening Range and some other scripts updated to plot correctly (see comments below.) There are three variations of the fibonacci expansion beyond the opening range and retracements within the opening range of the US Market session - I have not put in the script for the other markets yet. The three scripts have different uses and strengths: The extended session...
EXPERIMENTAL: Trend Channel Based on Donchian's
EXPERIMENTAL: center is based on the mean of price on X bars lookback window, channel width is determined buy maximum volatility from the mean outwards(to the extremes).
EXPERIMENTAL: Fibonacci rate levels based on price advance/decline, can be used to make visualizations of fib clusters or for cycles.