OPEN-SOURCE SCRIPT
Gradient Filter with Fibonacci-AYNET
Explanation of the Combined Features:
Dynamic Gradient Filter:
This section remains as in the previous example, calculating a smoothed filter (filt) with dynamic gradient coloring.
The color of the filter line transitions from red to green based on its RSI value.
Fibonacci Levels:
Calculates key Fibonacci retracement levels (0.0, 0.236, 0.382, 0.5, 0.618, and 1.0) over a user-defined lookback period (fib_length).
Uses the highest high and lowest low in the lookback period to determine the range.
Plotting Fibonacci Levels:
Each Fibonacci level is drawn as a horizontal line.
The lines extend back by the lookback period and are styled with dotted lines for clarity.
Features:
Customizable Inputs:
Users can enable or disable Fibonacci levels (show_fib_levels).
Adjust the color (fib_color) and width (fib_width) of Fibonacci lines.
Integrated Dynamic Filter:
Combines the filtered line with Fibonacci retracement levels to provide multi-dimensional insights.
Use Case:
Dynamic Filter:
Observe how the filtered line behaves near Fibonacci levels for potential trend continuations or reversals.
Fibonacci Levels:
Use retracement levels as key support/resistance zones to make trading decisions.
This combined script is now more functional, blending the dynamic gradient filter with Fibonacci retracement levels. Test this script in different market conditions, and let me know if additional features are required! 😊
Dynamic Gradient Filter:
This section remains as in the previous example, calculating a smoothed filter (filt) with dynamic gradient coloring.
The color of the filter line transitions from red to green based on its RSI value.
Fibonacci Levels:
Calculates key Fibonacci retracement levels (0.0, 0.236, 0.382, 0.5, 0.618, and 1.0) over a user-defined lookback period (fib_length).
Uses the highest high and lowest low in the lookback period to determine the range.
Plotting Fibonacci Levels:
Each Fibonacci level is drawn as a horizontal line.
The lines extend back by the lookback period and are styled with dotted lines for clarity.
Features:
Customizable Inputs:
Users can enable or disable Fibonacci levels (show_fib_levels).
Adjust the color (fib_color) and width (fib_width) of Fibonacci lines.
Integrated Dynamic Filter:
Combines the filtered line with Fibonacci retracement levels to provide multi-dimensional insights.
Use Case:
Dynamic Filter:
Observe how the filtered line behaves near Fibonacci levels for potential trend continuations or reversals.
Fibonacci Levels:
Use retracement levels as key support/resistance zones to make trading decisions.
This combined script is now more functional, blending the dynamic gradient filter with Fibonacci retracement levels. Test this script in different market conditions, and let me know if additional features are required! 😊
Skrypt open-source
W prawdziwym duchu TradingView autor tego skryptu opublikował go jako open source, aby inwestorzy mogli go zrozumieć i zweryfikować. Pozdrowienia dla autora! Możesz go używać bezpłatnie, ale ponowne użycie tego kodu w publikacji podlega Zasadom Regulaminu. Możesz go oznaczyć jako ulubione, aby użyć go na wykresie.
Chcesz użyć tego skryptu na wykresie?
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.