Phoenix085-Studies-PerCentage Current Price ((fib-pivot-%))Misc Details :
Another Indicator and Totally my own concept...
If others have similar study already then Credit to them for coming up with this even before I did but this is just me fiddling with pinescript trying to paint my dream like a great man once said...
Background :
I am a strong believer of Market being Fractals and what best way to script it than Pivots.
So I just wanted to identify the Pivot High and Pivot Low of some period(in the script it is set to 500, please do play with it to get the best setting which captures atleast the major highs and lows of recent past)
I also think that Fibonacci levels are very crucial and so wanted to see how the market reacts at the Fibonacci ratios from Pivot High and Low.
Overview :
As said above the price at Pivot Low is considered as 0% on the graph and Value at Pivot High as the 100%.
Depending on the CMP, the thick white line is plotted...
The main thing of interest here is the Horizontal lines are Fib Levels and the market kinda reacts around those levels as the buyers and sellers have to come to equilibrium...
A price retracing from the 100% level just means Double Top = Sell(Probable) and a bounce from the 0% just means a double bottom = Buy(Probable)....
Also this indicator along with my other Public indicator() might give a better understanding of the price actions (I Hope)...
This is free to use and share with as many as you like...
Credits:
All the great people who have greatly influenced and still continue to do so...
@JustUncleL
@BigBitsIO
@TheArtofTrading
@QuantNomad
@SquigglesNiggles and many many many more
Cari dalam skrip untuk "fib"
User-Inputed Time Range & FibsGreetings Traders! I have decided to release a few scripts as open-source as I'm sure others can benefit from them and perhaps make them better.(Be sure to check my Profile for the other scripts as well: www.tradingview.com).
This one is called User-Inputed Time Range & Fibs.
The idea behind this script is to record the Range Highs and Lows of a User Defined Period, and plot potential Targets based on either Fibonacci Extensions or a Multiple of the Range Size. I created this originally for use with the US Session Initial Balance(From 9:30-10:30AM EST), however it can be set to any time period.
What is Initial Balance? In simple words, Initial Balance (IB) is the price data, which are formed during the first hour of a trading session. Activity of traders forms the so-called Initial Balance at this time. This concept was introduced for the first time by Peter Steidlmayer when he presented the market profile to traders(atas.net).
The IB is monitored as a break-out area for Range Extension traders. The IB High is also seen as an area of resistance and the IB Low as an area of support until it is broken(www.mypivots.com).
As a note, depending on the Time Zone you are in, you may need to manually add or subtract from the Timed Range to match the desired Time. For example in NY Eastern Time, I have to use 8:30-9:30AM to Capture the 9:30-10-30AM IB for ES and NQ. Similarly, I must use 14:30-15:30PM to Capture the 9:30-10-30AM IB for BTC. You will need to make adjustments based on the Time Zone you are located in.
I wanted to give a Special Thanks to @PineCoders for the Custom Rounding Function from Backtesting/Trading Engine--> (), Pinecoders.com for help with Tracking the Highs/Lows--> (www.pinecoders.com), and @TradeChartist for allowing me to use some of the code for the Fibonacci Extensions from his script here--> ().
If you like User-Inputed Time Range & Fibs, be sure to Like, Follow, and if you have any questions, don't be afraid to drop a comment below.
Previous Day High - Low and EMA BandThe fib are plotted to previous day High and low to find next days support and resistance based on fibs.
bgeraghty_FibCastThis script draws a High-To-Low or Low-To-High Fibonacci Retrace over the chart, based on which of those two happens in the given time period (Default is 144 Candles).
Updates from older versions:
- Paints 0.5, 0.618, 0.65 and spaces in between, giving good hindsight to the trend, and ideas of where strong support/resistance may lie.
- Silver Paint Strip = 0.50 retrace, Gold = 0.618-0.65, and the Red/Green between indicates the direction of the (Fib) Trend as H->L or L->H
- Paints 0.144 and 0.886 ranges Blue, and these are typically extremes or possible reversal zones. (PRZ)
Fibonacci Drapes (Dynamic Fib Tool)Automatic Fibs with main levels outlined and ranges shown in background colors. You can change the lengths and the color/look of all parts of this indicator. Have fun!
linear and Bollingers Bands and Fibonacci ratios This model give us the following
1 .linear regression channel
2.dynamic upper and lower fibs
3. upper and lower bollinger bands
each specific to the time frame that you use
So by using all 3 in one indicator it easy to see ressistance and support level
Pickledeggtradermans Moving Averages + FibHey i've posted a script that allows upto 5 sma's, 2 ema's and also live fib levels. Let me know what you think. Enjoy
Super-Trend-fibIn this model we have fib Donchian channel with super trend alerts (B=buy) S =sell
and trailing volume system up trend alert and down trend alert
so have fun
SuperTrend+fibI took the script from here so credit to the author
made some slight modification and add fib to make the buy point more stable
have fun
p.s
it can be improve further with addition of some extra, I did not check if it repaint as it not my code
Auto Fib - @marginiscallingVery simple script that automatically draws fibonacci levels for you and allows you to adjust the length of look-back period. You can also easily adjust the script to include additional fib levels.
Fuzzy Fib CountsA new approach to trend/time analysis. This indicator counts up/down price moves using fuzzy logic in two time frames. Counts reaching Fibonacci numbers are often significant to trend momentum: either reversal or stronger continuation. See the scriptโs beginning comments for details.
Iโm amazed with DeMark and all his indicators. But after coding a TD_Sequential script, I began to wonder if there wasnโt an easier way to identify high probability entry/exit points without all the intricate logic. It took awhile, but a different paradigm eventually came into focus: Fuzzy Fib Counts (FFC).
FFC is like โanalogโ compared to TD_Sequentialโs โdigitalโ approach. And FFC is much simpler: no buy/sell/perfected/deferred signals, just up/down counts. Itโs uncanny how often a trend is refocused at Fibonacci numbers, but like TD_Sequentialโฆ itโs not perfect! As with all indicators, consult your intuition, before pulling the trigger.
The default values have been effective for me in Bitcoin (and Iโm surprised how well it works in smaller time frames). However, for less volatile markets, you may need to reduce the fuzz level and/or adjust the filter (averaging) parameters.
FFC has been helpful to me. Hope it helps you too! If so, donations appreciatedโฆ Thanks!
BTC: 36FdUcETrwmGxt5qazq7Bo7kad9kuNawMF
LTC: MJYHzwJYjsnB35dzb5L9hCpqZf8RyqViEm
ETH: 0x3db7557bea61ca4c096c6ed7bdb2a0d69e455fe1
Looking for trailblazers to help explore new possibilitiesโฆ Add constructive comments below!
Auto DayWeekMonth Fib Levels R2 by JustUncleLThis indicator automatically draws up to Three Sets of Fibonacci Pivot levels based on the previous Candle period's Range (High-Low). The HLC3 is used as the default Pivotal level. Only the most Recent period Candle Levels are displayed. The longer Weekly and Monthly sets are particularly useful in finding long term Supply and Demand levels.
The three sets of selectable periods are spit into the following sets:
Daily Set (1,2,3,4,5,7,10 or 14 Days)
Weekly Set (1,2,3,4,5,10, or 13 Weeks)
Monthly Set (1,2,3,4,5,6,9 or 12 months)
Each set has the option to display Extension levels.
The Pivotal Level HLC3 and Range = (High - Low), are extracted from previous Period Candle.
FIB LEVELS Colours (same in each period set):
Yellow = Pivot and Pivot Zone (HLC3 by default)
Fuchsia = R1,S1 Levels 0.368 * Range
Lime = R2,S2 Levels 0.618 * Range
Red = R3,S3 Levels 0.786 * Range
Aqua = R4,S4 Levels 1.000 * Range
Green = R5,S5 Levels 1.236 * Range
Orange = R6,S6 Levels 1.382 * Range
Black = R7,S7 Levels 1.618 * Range
Maroon = R8,S8 Levels 2.000 * Range
hi/low levels and fibsSlight development on previous range hi/low script. Plots highest lowest price over x periods, and the mid-point. Added to this are 2 sets of fib lines. That's it! :)
[RS]Fib Lines ChannelUpdated version of murrays lines with fib levels that respond to trend shifting
Fib BB on VWMA*ATRThis TradingView Pine Script is designed to plot Fibonacci Bollinger Bands on a Volume Weighted Moving Average (VWMA) using the Average True Range (ATR). The script takes a higher timeframe (HTF) approach, allowing traders to analyze price action and volatility from a broader market perspective.
๐น How It Works
Higher Timeframe Data Integration
Users can select a specific timeframe to calculate the VWMA and ATR.
This allows for a more macro perspective, avoiding the noise of lower timeframes.
Volume Weighted Moving Average (VWMA)
Unlike the Simple Moving Average (SMA), VWMA gives higher weight to price movements with larger volume.
Calculation Formula:
๐๐๐๐ด=โ(๐ถ๐๐๐ ๐ร๐๐๐๐ข๐๐) / โ๐๐๐๐ข๐๐
Since VWMA accounts for volume, it is more reactive to price zones with high buying or selling activity, making it useful for identifying liquidity zones.
ATR-Based Fibonacci Bollinger Bands
The Average True Range (ATR) is used to measure market volatility.
Instead of standard deviation-based Bollinger Bands, Fibonacci multipliers (2.618, 3.0, 3.414) are applied to ATR.
These bands adjust dynamically with market volatility.
๐น Key Findings from Exploration
Through testing and analysis, this indicator seems to effectively detect supply and demand zones, particularly at the Fibonacci levels of 2.618 to 3.414.
Price frequently reacts at these bands, indicating that they capture key liquidity zones.
Potential Order Block Detection:
The ends of the Fibonacci Bollinger Bands (especially at 2.618, 3.0, and 3.414) tend to align with order blocksโareas where institutional traders previously accumulated or distributed positions.
This is particularly useful for order flow traders who focus on unfilled institutional orders.
๐น How to Use This Indicator?
Identifying Order Blocks
When price reaches the upper or lower bands, check if there was a strong reaction (rejection or consolidation).
If price rapidly moves away from a band, that level might be an order block.
Spotting Liquidity Pools
VWMAโs nature enhances liquidity detection since it emphasizes high-volume price action.
If a price level repeatedly touches the band without breaking through, it suggests institutional orders may be absorbing liquidity there.
Trend Confirmation
If VWMA is trending upwards and price keeps rejecting the lower bands, it confirms a strong bullish trend.
Conversely, constant rejection from the upper bands suggests a bearish market.
This script is designed for open-source publication and offers traders a refined approach to detecting order blocks and liquidity zones using Fibonacci-based volatility bands.
๐ ํ๊ธ ์ค๋ช
(์์ธ ์ค๋ช
)
์ด ํธ๋ ์ด๋ฉ๋ทฐ ํ์ธ์คํฌ๋ฆฝํธ๋ ๊ฑฐ๋๋ ๊ฐ์ค ์ด๋ํ๊ท (VWMA)๊ณผ ํ๊ท ์ค์ ๋ฒ์(ATR)๋ฅผ ํ์ฉํ์ฌ ํผ๋ณด๋์น ๋ณผ๋ฆฐ์ ๋ฐด๋๋ฅผ ํ์ํ๋ ์งํ์
๋๋ค.
๋ํ, ๊ณ ์ฐจ ํ์ํ๋ ์(HTF) ๋ฐ์ดํฐ๋ฅผ ํ์ฉํ์ฌ ์์ฅ์ ํฐ ํ๋ฆ์ ๋ถ์ํ ์ ์๋๋ก ์ค๊ณ๋์์ต๋๋ค.
๐น ์งํ ์๋ ๋ฐฉ์
๊ณ ์ฐจ ํ์ํ๋ ์(HTF) ๋ฐ์ดํฐ ์ ์ฉ
์ฌ์ฉ์๊ฐ ์ํ๋ ํ์ํ๋ ์์ ์ ํํ์ฌ VWMA์ ATR์ ๊ณ์ฐํ ์ ์์ต๋๋ค.
์ด๋ฅผ ํตํด ๋ ํฐ ์์ฅ ํ๋ฆ์ ๋ถ์ํ ์ ์์ผ๋ฉฐ, ์ ํ์ํ๋ ์์ ๋
ธ์ด์ฆ๋ฅผ ์ค์ผ ์ ์์ต๋๋ค.
๊ฑฐ๋๋ ๊ฐ์ค ์ด๋ํ๊ท (VWMA) ์ ์ฉ
VWMA๋ ๋จ์ ์ด๋ํ๊ท (SMA)๋ณด๋ค ๊ฑฐ๋๋์ด ๋ง์ ๊ฐ๊ฒฉ ์์ง์์ ๋ ํฐ ๊ฐ์ค์น๋ฅผ ๋ถ์ฌํฉ๋๋ค.
๊ณ์ฐ ๊ณต์:
๐๐๐๐ด=โ(๐ถ๐๐๐ ๐ร๐๐๐๐ข๐๐) / โ๐๐๐๐ข๐๐
โ
๊ฑฐ๋๋์ด ๋ง์ด ๋ฐ์ํ ๊ฐ๊ฒฉ ๊ตฌ๊ฐ์ ๊ฐ์กฐํ๋ ํน์ฑ์ด ์์ด, ์์ฅ์ ์ ๋์ฑ ๊ตฌ๊ฐ์ ๋ ์ ํํ ํฌ์ฐฉํ ์ ์์ต๋๋ค.
ATR ๊ธฐ๋ฐ ํผ๋ณด๋์น ๋ณผ๋ฆฐ์ ๋ฐด๋ ์์ฑ
ATR(Average True Range)๋ฅผ ํ์ฉํ์ฌ ๋ณ๋์ฑ์ ์ธก์ ํฉ๋๋ค.
๊ธฐ์กด์ ํ์คํธ์ฐจ ๊ธฐ๋ฐ ๋ณผ๋ฆฐ์ ๋ฐด๋ ๋์ , ํผ๋ณด๋์น ๊ณ์(2.618, 3.0, 3.414)๋ฅผ ATR์ ๊ณฑํ์ฌ ๋ฐด๋๋ฅผ ์์ฑํฉ๋๋ค.
์ด ๋ฐด๋๋ ์์ฅ ๋ณ๋์ฑ์ ๋ฐ๋ผ ์ ๋์ ์ผ๋ก ์กฐ์ ๋ฉ๋๋ค.
๐น ํ๊ตฌ ๊ฒฐ๊ณผ: ๋งค๋ฌผ๋ ๋ฐ ์ค๋๋ธ๋ก ๊ฐ์ง
ํ
์คํธ๋ฅผ ํตํด Fibonacci 2.618 ~ 3.414 ๊ตฌ๊ฐ์์ ๋งค๋ฌผ๋ ๋ฐ ์ค๋๋ธ๋ก์ ํฌ์ฐฉํ๋ ๊ฒฝํฅ์ด ์์์ ํ์ธํ์ต๋๋ค.
๊ฐ๊ฒฉ์ด ํผ๋ณด๋์น ๋ฐด๋(ํนํ 2.618, 3.0, 3.414)์ ๋ฟ์ ๋ ๋ฐ์ํ๋ ๊ฒฝ์ฐ๊ฐ ๋ง์
VWMA์ ํน์ฑ์ ํตํด ์ค๋๋ธ๋ก์ ๊ฐ์งํ ๊ฐ๋ฅ์ฑ์ด ๋์
๐น ์ค๋๋ธ๋ก(Order Block) ๊ฐ์ง ์๋ฆฌ
Fibonacci ๋ฐด๋ ๋ํธ๋จธ๋ฆฌ(2.618 ~ 3.414)์์ ๊ฐ๊ฒฉ์ด ๊ฐํ๊ฒ ๋ฐ์
์ด ์์ญ์์ ๊ฐ๊ฒฉ์ด ๊ฐํ๊ฒ ํ์ด ์ค๋ฅด๊ฑฐ๋(๋งค์ ์๋ ฅ) ๊ธ๋ฝํ๋(๋งค๋ ์๋ ฅ) ๊ฒฝ์ฐ,
โ ๊ธฐ๊ด๋ค์ด ํฌ์ง์
์ ์ฒญ์ฐํ๊ฑฐ๋ ์ถ๊ฐ ๋งค์งํ๋ ๊ตฌ๊ฐ์ผ ๊ฐ๋ฅ์ฑ์ด ํผ.
๊ณผ๊ฑฐ์ ๋๋ ์ฃผ๋ฌธ์ด ์ฒด๊ฒฐ๋ ๊ฐ๊ฒฉ ๊ตฌ๊ฐ(= ์ค๋๋ธ๋ก)์ผ ์ ์์.
VWMA๋ฅผ ํตํ ์ ๋์ฑ ๊ฐ์ง
VWMA๋ ๊ฑฐ๋๋์ด ์ง์ค๋ ๊ฐ๊ฒฉ์ ๊ธฐ์ค์ผ๋ก ์ด๋ํ๊ธฐ ๋๋ฌธ์, ๊ธฐ๊ด ์ฃผ๋ฌธ์ด ๋ง์ด ๋ค์ด์จ ๊ฐ๊ฒฉ๋๋ฅผ ๊ฐ์กฐํ๋ ํน์ง์ด ์์.
๋ฐ๋ผ์ VWMA์ ํผ๋ณด๋์น ๋ฐด๋๊ฐ ๋ง๋๋ ์ง์ ์ ์ ๋์ฑ์ด ๋์ ํต์ฌ ๊ตฌ๊ฐ์ด ๋ ๊ฐ๋ฅ์ฑ์ด ํผ.
๋งค๋ฌผ๋ ๋ฐ ์ฒญ์ฐ ๊ตฌ๊ฐ ๋ถ์
๊ฐ๊ฒฉ์ด ๋ฐด๋์ ๋๋ฌํ์ ๋ ๊ฐํ ๋ฐ๋ฑ์ด ๋์ค๋์ง๋ฅผ ํ์ธ โ ์ค๋๋ธ๋ก ๊ฐ๋ฅ์ฑ
๊ฐ๊ฒฉ์ด ๋ฐด๋๋ฅผ ์ฌ๋ฌ ๋ฒ ํ
์คํธํ๋ฉด์ ๋ํํ์ง ๋ชปํ๋ค๋ฉด, ํด๋น ์ง์ ์ ๊ฐํ ๋งค๋ฌผ๋์ผ ๊ฐ๋ฅ์ฑ
๐น ํ์ฉ ๋ฐฉ๋ฒ
โ
์ค๋๋ธ๋ก ๊ฐ์ง:
๊ฐ๊ฒฉ์ด ๋ฐด๋(2.618~3.414)์ ๋ฟ๊ณ ๊ฐํ๊ฒ ํ๊ธด๋ค๋ฉด, ์ค๋๋ธ๋ก ๊ฐ๋ฅ์ฑ
ํด๋น ์ง์ ์์ ๊ฑฐ๋๋ ์ฆ๊ฐ ๋ฐ ๊ฐํ ๋ฐ๋ฑ ๋ฐ์ ์ ๋งค์ ๊ณ ๋ ค
โ
์ ๋์ฑ ํ ํ์ธ:
VWMA์ ํผ๋ณด๋์น ๋ฐด๋๊ฐ ๋ง๋๋ ๊ตฌ๊ฐ์์ ๋ฐ๋ณต์ ์ผ๋ก ๊ฑฐ๋๋์ด ํฐ์ง๋ค๋ฉด, ํด๋น ์ง์ ์ ๊ธฐ๊ด ์ ๋์ฑ ๊ตฌ๊ฐ์ผ ๊ฐ๋ฅ์ฑ
โ
์ถ์ธ ํ์ธ:
VWMA๊ฐ ์์นํ๊ณ ๊ฐ๊ฒฉ์ด ๋ฐด๋ ํ๋จ(์ง์ง์ )์์ ํ๊ธด๋ค๋ฉด ๊ฐํ ์์น ์ถ์ธ
VWMA๊ฐ ํ๋ฝํ๊ณ ๊ฐ๊ฒฉ์ด ๋ฐด๋ ์๋จ(์ ํญ์ )์์ ๊ฑฐ๋ถ๋นํ๋ฉด ํ๋ฝ ์ถ์ธ ์ง์
Fib Pivot Points HLThis TradingView indicator allows users to select a specific timeframe (TF) and then analyzes the high, low, and closing prices from the past period within that TF to calculate a central pivot point. The pivot point is determined using the formula (High + Close + Low) / 3, providing a key level around which the market is expected to pivot or change direction.
In addition to the central pivot point, the indicator enhances its utility by incorporating Fibonacci levels. These levels are calculated based on the range from the low to the high of the selected timeframe. For instance, a Fibonacci level like R0.38 would be calculated by adding 38% of the high-low range to the pivot point, giving traders potential resistance levels above the pivot.
Key features of this indicator include:
Timeframe Selection: Users can choose their desired timeframe, such as weekly, daily, etc., for analysis.
Pivot Point Calculation: The indicator calculates the pivot point based on the previous period's high, low, and closing prices within the selected timeframe.
Fibonacci Levels: Adds Fibonacci retracement levels to the pivot point, offering traders additional layers of potential support and resistance based on the natural Fibonacci sequence.
This indicator is particularly useful for traders looking to identify potential turning points in the market and key levels of support and resistance based on historical price action and the Fibonacci sequence, which is widely regarded for its ability to predict market movements.
Example:
Suppose you're analyzing the EUR/USD currency pair using this indicator with a weekly timeframe setting. The previous week's price action showed a high of 1.2100, a low of 1.1900, and the week closed at 1.2000.
Using the formula ( High + Close + Low ) / 3 (High+Close+Low)/3, the pivot point would be calculated as ( 1.2100 + 1.2000 + 1.1900 ) / 3 = 1.2000. Thus, the central pivot point for the current week is at 1.2000.
The range from the low to the high is 1.2100 โ 1.1900 = 0.0200 1.2100โ1.1900=0.0200.
To calculate a specific Fibonacci level, such as R0.38, you would add 38% of the high-low range to the pivot point: 1.2000 + ( 0.0200 โ 0.38 ) = 1.2076 1.2000+(0.0200โ0.38)=1.2076. Thus, the R0.38 Fibonacci resistance level is at 1.2076.
Similarly, you can calculate other Fibonacci levels such as S0.38 (Support level at 38% retracement) by subtracting 38% of the high-low range from the pivot point.
Traders can use the pivot point as a reference for the market's directional bias: prices above the pivot point suggest bullish sentiment, while prices below indicate bearish sentiment. The Fibonacci levels act as potential stepping stones for price movements, offering strategic points for entry, exit, or placing stop-loss orders.
Fib Percentage Previous Day CloseIntraday regulated markets move within their circuit range above or below which the market activity is halted.
These levels are protected by the MM to accumulate or distribute. These levels are mostly same for all markets i.e. 2%, 4% , 5%, 10% and 20% of previous day close, crossing which the market activity halts.
So, from here the expectation of turning or breaking increases.
This indicator automatically plots the levels and helps understanding the price behavior at these points. This in turn helps taking better RR trades.
Fib High Low PointsThis is a simple indicator which plot high and lows based on Fibonacci sequence.
Best part of this indicator is it don't rewrite itself once it got plotted on the chart, which make it unique from other High low indicators.
