Fibonacci slicer function.
The script is a simple calculator that accepts any 2 input values and divides the distance between those values using Fibonacci proportions.
- Easy for script integration (lines 21-35).
- The function accepts any 2 values and their order doesn't matter.
- Correctly divides negative-negative, negative-positive, positive-negative and...
This script shows a high and low period value.
SelectPeriod - Day or Week or Month and etc.
LookBackPeriods - Shift levels 0 - current period, 1 - previous and etc.
- This script to change bars colors
This script is intended do display High and Low values, alongside Highest and Lowest of an adjustable period
CMYK color theme applied.
Price color changes if EMA >< EMA
For those who use Line, Break, or Area Type Charts.
Usefull to quickly display proper levels for buying selling on minute-term trading
Cheap horizontal levels on chart
idea is: When spread is low and volume is high, then price is well accepted and will be retested in future. Areas without such "market efficiency" will be passed fast without stopping or rejected.