LonesomeTheBlue

ZigZag with Fibonacci Levels

Hello Traders,

This is "ZigZag with Fibonacci Levels" script. It finds the ZigZag , draw Fibonacci lines and put labels accordingly. I get many requests for this script, so here it is.

You can set ZigZag period as you wish. Bigger numbers (such 20, 30) may give better perspective and result.

It draws Fibonacci levels between 0%-100% and If the price goes higher/lower than 100% level than the script draws Fibonacci Levels accordingly. This means it draws Fibonacci levels until this levels get higher/lower than the price.

As an example:

if you don't want to see ZigZag Lines then you have option to disable it and see only Fibonacci levels:

You have coloring options for Zigzag , Fibonacci lines and texts:


Enjoy!




הערות שחרור: Added Price Levels to the labels.
הערות שחרור: - You have now option to enable/disable following Fibonnaci Levels:
---> 0.236
---> 0.382
---> 0.500
---> 0.618
---> 0.786
- "Label Location" option added. Fibonacci levels can be shown at Left or Right. when the session is closed then labels at right may not be shown accordingly.

An example: some fibonacci levels disabled, also labeling at right.
סקריפט קוד פתוח

ברוח TradingView אמיתית, מחבר סקריפט זה פרסם אותו עם קוד פתוח, כך שסוחרים יוכלו להבין ולאמת זאת. הידד למחבר! אתה יכול להשתמש בו בחינם, אך שימוש חוזר בקוד זה בפרסום הנו בכפוף ל כללי הבית . אתה יכול להגדירו כמועדף ולהשתמש בו בגרף.

רוצה להשתמש בסקריפ זה בגרף?

תגובות

Boy oh boy, this is a godsend.

Thanks! =D
100‎מטבעות
+2 השב
Thanks. Someone should make strategy from this!
+8 השב
Very Nice automation of the fib tool!!

Gr, JD.
+7 השב
@Duyck, Thank you mate :)
+2 השב
Ismimin tarihe yazilmasi lazim Abi, ellerine emegine saglik....
+4 השב
@indifati, Abim makine gibi... durmuyor... Eline sağlık hocam <3
+1 השב
Just added fib to my charts. My my favorite guy makes one. Can trader life get any better? Lol
+3 השב
One more nice addition to your publications, thank you ^^
+3 השב
Tam bir kod makinasisin ustad. Eline saglik.
+3 השב
Best Fibo in my life!
+2 השב