borserman

Auto Fibonacci Retracament Levels+Labels by @Borserman

Labeled Auto Fibonacci Retracament Levels. The color of fibo levels is green when the trend is upward and the color of fibo levels is red when the trend is downward. Also, you can see the highest and lowest values related with your period.

Coded by Twitter @borserman
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Hi, and thanks for your code it is very useful and clean I like it a lot. Can I ask you how you decide the up (green) and down(red) trend direction? What constitutes the trend (color) change in color or direction. Thanks for explaining and perhaps giving an example. cheers
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Thanks a lot for sharing! very useful script.
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@CVX, thanks :)
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thank you so much dear for your respomse i choosed 4h time frame lets see the results
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Hello dar thanks for nice code. I have question. High and low are fix or they will move their position?
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borserman arianmah
@arianmah, Hi, the high and low values are related with selected period. Best regards.
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arianmah borserman
@borserman, i think in 5 min time frame your code will remove high and low but in 15m and upper time frames it has very good accuracy. i tried your script for ETHusdt in 5 min and after i sold price rised higher but in 15 min it seems very nice.
perfectyou are e arkadas :))
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Excellent!! Thanks!
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@Owl, Thanks for you interest!
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How would we add 1.236 1.618 2.618 on both up and down areas? Thanks
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