Description: Automatically draw Fibonacci Pivot levels based on the previous (day's, week's or month's) Range ( High-Low ). The HLC3 is used as the default Pivot level. Unlike the "Auto Fibonacci Levels", this variation does not update Levels on current day even if the price goes past the R3/S3 levels. Timeframes: 1D, 1W, 1M
Range = (High - Low) - From previous Day, Week or month.
FIB LEVELS: - Yellow = Pivot and Pivot Zone (HLC3 by default) - red = R1,S1 Levels 0.236 * Range - Green = R2,S2 Levels 0.368 * Range - Lime = R3,S3 Levels 0.618 * Range - Blue = R4,S4 Levels 0.786 * Range - Gray = R5,S5 Levels 1.000 * Range - Lime = R6,S6 Levels 1.236 * Range - Red = R7,S7 Levels 1.382 * Range - Blue = R8,S8 Levels 1.618 * Range - Green = R9,S9 Levels 2.000 * Range
Refrences: - Auto Daily Fib Levels R3.0 by JustUncleL - Auto Fib by TheYangGuizi - Monthly Dynamic Range Levels (Fibonaci) V0 by RicardoSantos
Modifications: - Added next FIB Levels. (changes during the current cycle) - Added FIB 0.236 Levels - Added Option to change the colors of the Fib Levels - Changed Default colors to the colors of Tradingview - Upgraded to Version4 Pinescript
Informacje o Wersji
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Fix problem of the color transparency
Informacje o Wersji
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Update: - Added Labels of Current Lines - Fixed error of negativ Support Lines
Informacje o Wersji
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Update 2: - Changed how many decimal places have the price in the Labels
Great work mate and great script code thank you it's reaaly useful for me. I was just wondering if it is possible to only have the current period as an option.?
MF_Crypto
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@IamDobby, Yes of corse it is possible, and thank you for the coins.
MachineMatrix
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@MF_Crypto, No problem at all mate its a cool script I apprieciate it. Will you be updating it or is it something I should change myself.?
MF_Crypto
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@IamDobby, if there are good ideas what i can improve it, i will gladly do it.
MachineMatrix
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@MF_Crypto, Thank you mate I will look forward to it :)
redlinesd
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Wow. This is truly useful script!!! 👏 one of the best I ever seen. Simply amazing. Thank you. If anyone wondering - use regular settings and check it out across major tickers! No repaint no bs - just works!!!
I was just wondering if it is possible to only have the current period as an option.?