Fibonacci Automatic Calculator
Hey friends,
This indicator calculates the fibonacci levels by looking back long term, 365 days low and all time high. In fact, it also calculate fibonacci levels by looking back short term, 120 days low and all time high. But, it does stay there and combines those two and shows it in one simple indicator. As a result, for the first time, we can let the script do the drawing on the background for not only the long term but also the short term.
ALL you need to know is only 2 things:
1. The value bigger than 10 meaning it is in RLZ. (61.8 fibonacci level for long)
2. The value lower than -10 meaning it is in RLZ Sell.(61.8 fibonacci level for short)
I have been working hard to make this indicator that is automatically recognizing the fib levels and giving us values depending on where the current price is.
There are exceptions that i have recently added to make sure we can still calculate fibs for coins that existed less than a year or 3 months.
I use this indicator for my price entry and exit.
------------------------------------------------------------
For more details and inquiries please pm me.
Highly recommend using this Fibonacci Calculator with UncleBo indicator which does all the price-momentum-volume analysis all together including this indicator!
I will share this unique indicator to anyone who likes and commends his or her thoughts. Positive Mental Attitude For The Win :)
This indicator calculates the fibonacci levels by looking back long term, 365 days low and all time high. In fact, it also calculate fibonacci levels by looking back short term, 120 days low and all time high. But, it does stay there and combines those two and shows it in one simple indicator. As a result, for the first time, we can let the script do the drawing on the background for not only the long term but also the short term.
ALL you need to know is only 2 things:
1. The value bigger than 10 meaning it is in RLZ. (61.8 fibonacci level for long)
2. The value lower than -10 meaning it is in RLZ Sell.(61.8 fibonacci level for short)
I have been working hard to make this indicator that is automatically recognizing the fib levels and giving us values depending on where the current price is.
There are exceptions that i have recently added to make sure we can still calculate fibs for coins that existed less than a year or 3 months.
I use this indicator for my price entry and exit.
------------------------------------------------------------
For more details and inquiries please pm me.
Highly recommend using this Fibonacci Calculator with UncleBo indicator which does all the price-momentum-volume analysis all together including this indicator!
I will share this unique indicator to anyone who likes and commends his or her thoughts. Positive Mental Attitude For The Win :)
Telegram Here t.me/bugrasukas
