The script combines 3 single Bollinger bands into one script for easy plotting and range modification. It can be used for analyzing a market with multiple time frames and ranges using Fibonacci series as the range.
This script allows a user to get alerts when the price goes within a certain percentage threshold of a Fibonacci level.
If connected with AutoView, it could allow an easy way to do automated range trading between Fibonacci levels. Although I plan to do this myself, I haven't used it for this purpose yet so please be cautious and verify with live results...
Here is a modified moving average which uses phi as the scaling interval between moving average periods. Each MACD line is derived by determining EMAs for 8 period frames, each of which is related to the other proportionally by phi, and calculating each line by comparing it against its immediate predecessor. Actual period values are 9 15 24 39 63 102 165 and 267
Updated version of
Allows users to receive alerts when price reach a new Fibonacci level.
By default, the Fibonacci levels extend upwards. This can be changed to extend downwards by unchecking 'Extend Upwards' option.
- Perform a Fib extension analysis and determine a high value, low...
ACCUMULATION/DISTRIBUTION ADAPTIVE MOVING AVERAGE with FRACTAL DEVIATION BANDS
Ver. 2.5 @ 16.09.2015
By Ricardo M Arjona @XeL_Arjona
The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the
author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading...
Uses yesterday's & last week's high/low to plot auto fibs.
You can toggle them on/off separately as it does become a bit cluttered with both enabled.
If you find it useful please consider a tip/donation :
BTC - 3BMEXEDyWJ58eXUEALYPadbn1wwWKmf6sA
Just thought some might find it useful to have a script of the first 7 numbers that are both fibonacci and that are prime numbers as simple moving averages and as exponential averages.
If anyone wants any other average type added to this script I can put out another version
Newspaper : tr.investing.com
This is a very Line in in scripts, you have to select this line
and this line is progressing with Fibonach Digits
want to just developed more this script to specify the buy and sell points