INVITE-ONLY SCRIPT

Yearly Levels for Day Traders

690
The above is the five minutes chart for AAPL


The script is useful in identifying price levels for the short term trading. The inputs are based on Fibonacci ratios but on yearly basis.

You will need to enter the pair ratio for where the stock is between ( I will show you).


Those pairs are as follows:

R1/R2
(0/0.23)
(.23/.38)
(.38/.61)
(.61/1)
(1/1.61)
(1.61/2.61)
(2.61/4.23)
(4.23/6.859)
(6.85/11.08)
(11.08/17.94)
(17.94/29.05)
(29.05/46.95)
(46.95/75.99)
(75.99/122.99)

I personally added the indicator multiple times to a template and put in all the pairs so I do not have to enter the pair each time.



The script does not tell you which level is a bottom or a top. Your experience matters.

If you are interested please PM me the username:

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.