OPEN-SOURCE SCRIPT
Stochastic Fibonacci

This is your run-of-the-mill stochastic indicator, with one slight difference. I added Fibonacci ratios [0, 0.272, 0.318, 0.414, 0.5, 0.618, 0.786, 100] and colored them across the rainbow for aesthetics.
I noticed that the stochastic moving averages, K & D, would reverse in between 0 & 100. Just like price, they were likely Fibonacci ratios.
My original plan was to create a strategy script, and trade whenever K & D crosses the Fib levels. However, they do not cross them perfectly, rather they merely float near them and reverse. Therefore, the strategy would have never made the trades.
As you will notice in the script, there is Bitcoin Hash Rate data imported. I did so because I would like to create a stochastic hash rate indicator at some point. For those of you with this same passion, there is the hash data to mess around with; consider it an Easter Egg...
I noticed that the stochastic moving averages, K & D, would reverse in between 0 & 100. Just like price, they were likely Fibonacci ratios.
My original plan was to create a strategy script, and trade whenever K & D crosses the Fib levels. However, they do not cross them perfectly, rather they merely float near them and reverse. Therefore, the strategy would have never made the trades.
As you will notice in the script, there is Bitcoin Hash Rate data imported. I did so because I would like to create a stochastic hash rate indicator at some point. For those of you with this same passion, there is the hash data to mess around with; consider it an Easter Egg...
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.