This script's purpose is to provide the user with an indicator that automatically plots Fibonacci levels. The user has three main options for determining the Fibonacci's high and low. This indicator offers an ample number of settings, making it a modular Fibonacci overlay.
The default setting is based on Donchian high and low.
Another option is to base the high and low on TradingView's Pivot indicator.
The last option is to determine Fibonacci levels based on Bollinger Bands.
Add up to 16 Fib levels with customizable settings, plot them on a log scale, and explore various other settings to personalize the Fib overlay. This indicator can be utilized for trading momentum or mean reversion strategies
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. אתה יכול להכניס אותו למועדפים כדי להשתמש בו בגרף.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.