Hey friends, This indicator calculates the fibonacci levels by looking back long term, 365 days low and all time high. In fact, it also calculate fibonacci levels by looking back short term, 120 days low and all time high. But, it does stay there and combines those two and shows it in one simple indicator. As a result, for the first time, we can let the script do...
Classic Floor Trader Pivots (algorithm decision points) with color segmented Fibonacci levels plotted in real-time Enjoy! Multi-variable Time Frame Pivots with Custom fib levels is in works.
Opening Range (OR) for regular daytime session eg NYSE 0 930hrs to 1600 hrs. This is not for Forex sessions which is addressed in a separate script. This script fixes two issues: syntax error when code compiles flaky plotting of the opening range and targets that required page reloading Additions: In this code there are more more opening range...
The Fibonacci Bollinger Bands indicator is based on the same principles as the standard Bollinger Bands indicator developed by John Bollinger. The Fibonacci Bollinger Bands indicator bases its upper and lower bands on volatility just like the Bollinger Bands indicator does, but instead of using standard deviation as the measure of volatility, a Wilders Smoothed...
Took the code from LazyBears rsi-fib and made it so you could apply it to a chart. It plots fib levels between the high and low of a timeframe of your choosing. Seems to line up well with custom drawn fib levels. Not sure if it's any better than just drawing the lines yourself, but whatever.
Opening Range and some other scripts updated to plot correctly (see comments below.) There are three variations of the fibonacci expansion beyond the opening range and retracements within the opening range of the US Market session - I have not put in the script for the other markets yet. The three scripts have different uses and strengths: The extended session...
Request for Equinox, zigzag and fibs are extras :p