Differential-Isaac-Newton

3 hari lalu

Description of the Differential-Isaac-Newton Indicator (DF-Newton)
This indicator plots custom Fibonacci levels on the chart using configurable multiples and offers various display options to assist with technical analysis.

What does it do?

Calculates and plots Fibonacci levels based on user-defined multiples (default multiple is 20).

Allows switching between long mode (buy) and short mode (sell) to adjust the levels accordingly.

Displays horizontal lines at Fibonacci levels with customizable colors and styles.

Shows labels with different information such as level price, Fibonacci percentage, and difference between levels.

Includes controls to show/hide different elements and customize the appearance.

How to use it?

Main Settings

Multiple of 2 for Fibonacci: Defines the percentage interval used to calculate Fibonacci levels (e.g., 20 creates levels at 0%, 20%, 40%, etc.).

Line Horizontal Offset: Defines the horizontal distance (in bars) of the Fibonacci line to improve visibility.

Short Mode: Enable to calculate levels based on a downward movement (from low to high).

Classic Mode: Changes the line colors to a classic Fibonacci color scheme (blue, green, yellow, orange, red).

Toggle Solid Line: Switches between solid and dotted lines for Fibonacci levels.

Labels
Choose which information to display on the labels next to the lines:

Show Only Level Prices: Displays only the Fibonacci level price.

Show Only Level Percentages: Displays only the Fibonacci percentage level.

Show Difference Values (Δ): Shows the difference between the current and previous level, along with the percentage (which can be hidden).

Hide Percentage in Difference Mode: Hides the percentage when difference mode is enabled.

Hide All Labels: Hides all labels from the chart.

Visual Customization

Label Size: Size of the label text (XS, S, M, L).

Label Horizontal Offset: Horizontal distance of labels relative to the lines.

Background Offset: Adjusts background color offset for better visibility.

Fibonacci Line Color: Color of the Fibonacci lines (when classic mode is off).

Label Text Color: Color of the label text.

Level Interpretation

Fibonacci levels are calculated between the highest high and lowest low of the last 100 candles.

The indicator plots horizontal lines at Fibonacci levels according to the selected multiple.

Line colors help identify important levels (configurable in classic mode).

Labels show the exact level price and Fibonacci percentage, helping with entry, exit, support, and resistance decisions.

Recommendations

Use Short Mode to analyze Fibonacci levels for sell trades.

Use Classic Mode for a traditional color scheme and easier identification.

Adjust Line Horizontal Offset to avoid overlapping current candles.

Combine price and percentage display for easier analysis.

Explore Difference Mode (Δ) to understand gaps between consecutive Fibonacci levels.

Practical Example
If you set the multiple to 20, the indicator will show levels at 0%, 20%, 40%, 60%, 80%, and 100%. Each level will have a horizontal line and a label showing the corresponding price and percentage, or the difference from the previous level, depending on your settings.

kelmarin

Nota Keluaran

Update: New improvements added! Now users can hide the colored background of labels and display text only. You can also create a split background effect: just enter a negative value in the background offset field, like -100 as an example. This will make Background Color 2 appear behind Background Color 1, giving you a "half and half" color effect on the chart background. In addition, you now have full control to select your own Background Color 1 and Background Color 2 to match your style preferences. Important: If you want to freely adjust the line colors and label text colors, make sure to disable both "Classic Mode" and "Enable Magic Mode", if they are turned on.

kelmarin

Nota Keluaran

Update: Improvements made to the Fibonacci indicator

Added the ability to compact values with extra zeros (for Meme Coins) to improve readability.

Fibonacci levels now work both automatically and with fixed values.

Users can select fixed manual values by enabling a button or manually typing the cryptocurrency name and save the data, even when offline.

However, since TradingView scripts do not have cloud storage, the fixed values for each coin must be saved manually on TradingView’s server by clicking save and load — this way your manually entered fixed values will be preserved.

To avoid visual clutter, you can disable the inputs for fixed values so they do not appear on the chart.

When compacting Meme Coin values, there should be no issues, but if any conflict arises, you can disable the compacting feature.

Also, in price difference mode, disable the compacting of extra zeros for Meme Coin values to prevent conflicts.

The cryptocurrency name can be typed manually and changed to any crypto you want.

kelmarin

Nota Keluaran

Update:
I’ve adjusted the indicator buttons to make life easier for the trader, keeping them close together instead of spread out. Also, remember: activating Price Mode cannot be combined with Differential Mode to avoid conflicts. When you turn on one of the Price Modes, make sure Differential Mode is off. Similarly, when using the Meme Coin value compaction feature, disable Differential Mode as well to prevent conflicts and ensure everything works correctly.

kelmarin

Nota Keluaran

Thank-you

kelmarin

Nota Keluaran

Update: A new feature was added allowing users to adjust the number of candle lines displayed on the chart. Many advanced features have been implemented, going beyond the average standard. Additionally, the value compacting for memecoins has been improved: the letter D now represents decimal-based values, K represents thousands, and M represents millions.

21 jam lalu

Nota Keluaran

Update

We’ve added a new button for adjusting the line width setting. Now the value can be fixed between 1 and 2 for line width adjustment.

Another important point: be careful when setting a fixed price. If the entered value is far above or below the actual price of the cryptocurrency, the chart may disappear.

Remember: this indicator works both in fixed mode and in automatic mode, depending on the user’s choice.

13 jam lalu

Nota Keluaran

Update: Improvements have been made to the number of line grid levels. Now, users can set from 20 up to 1000 grid lines on the line charts. Additionally, it is possible to lock customizable fixed values on the Monthly, 6 Months, and any other timeframe, making the default grid value of 100 fully flexible.