Basically: F - Fibonacci levels F - fractals: retracement of retracement A - absolute: based on two fixed points instead user chosen Fibonacci points A - auto: automatically draws based on volatility Explanation: This script will automatically trace TWO Fibonacci levels from these points: - ALL TIME HIGH (ATH) and ALL TIME LOW ( ATL ) prices This is our first...
Ver. 1.00 - A simple to use script that gives you an objective way to view the market
Introduction This is a combination of Fibonacci and Gann fan/retracements. The script can automatically draw as many: Fibonacci Retracements Fibonacci Fan Gann Retracements Gann Fan as the user requires on the chart. Each level set or fan consists of 7 lines based on the most important ratios of Fibonacci/Gann. Basics What are Fibonacci...
Breakout, Trend, Scalping (Expo) gives insights about trend direction, trend strength, trend breakouts, and scalping impulses. The indicator is for traders that easily want to catch true breakouts, find reversals and retracements, and want to be able to gauge the trend strength. The indicator has various input sources: ATR (Default), VWAP, RSI, Average Trend...
This indicator allows the user to visually identify a swing High/Low and place a marker which will measure 2 candles either side of the swing point for the lowest body. Once identified apply a 50% Fib to the body to ID a break out point and allow an alert to be placed. Subsequently measures a 25% fib retracement of the breakout for a potential entry point....
Based on the ADX Gapper strategy described in the book Street Smarts, it looks to exploit retracement to a prevailing trend when there has been a gap away from the trend, giving you multiple potential entries. It uses the ADX to determine a trend and detects when there is a gap to signal an entry day where: You would enter short if the DI-(red line) > DI+ (green...