OPEN-SOURCE SCRIPT
CQ_Fibonacci IntraWeek Range [UL]
THIS INDICATOR IS MEMBER OF A SET OF 3 INDICATORS:
1. CQ_Fibonacci intraday Range
2. CQ_Fibonacci intraweek Range (This One)
3. CQ_Fibonacci Intramonth Range
If you are using my CQ_MTF Target Price Lines [BITCOIN HOY] indicator, this indicator is automatically loaded along with it.
The Fibonacci Period Range Indicator is a powerful trading tool designed to draw levels of support and resistance based on key Fibonacci levels. This script identifies the high and low of a user-specified range and then draws several levels of support and resistance within this range. Additionally, it can draw extension levels outside the specified range, which are also based on Fibonacci levels. These extension levels can be turned off in the indicator settings. Each level is labeled to help traders understand what each line represents, and these labels can also be turned off in the settings.
The purpose of this script is to simplify the trading experience by allowing users to customize the time period that is identified and then draw levels of support and resistance based on the price action during this time.
Usage
In the indicator settings, users have access to a setting called Session Range, which allows them to control the range that will be used. The script will then identify the high and low of the specified range and draw several levels of support and resistance based on Fibonacci levels within this range. Users can also choose to display extension levels that show more levels outside the range. These lines will extend until the end of the current trading day at 5:00 pm EST.
Settings
Configuration
• Display Mode: Determines the number of days that will be displayed by the script.
• Show Labels: Determines whether or not identifying labels will be displayed on each line.
• Font Size: Determines the text size of labels.
• Label Position: Determines the justification of labels.
• Extension Levels: Determines whether or not extension levels will be drawn outside the high and low of the specified range.
Session
• Session Range: Determines the time period that will be used for calculations.
• Offset (+/-): Determines how many hours the session should be offset by.
1. CQ_Fibonacci intraday Range
2. CQ_Fibonacci intraweek Range (This One)
3. CQ_Fibonacci Intramonth Range
If you are using my CQ_MTF Target Price Lines [BITCOIN HOY] indicator, this indicator is automatically loaded along with it.
The Fibonacci Period Range Indicator is a powerful trading tool designed to draw levels of support and resistance based on key Fibonacci levels. This script identifies the high and low of a user-specified range and then draws several levels of support and resistance within this range. Additionally, it can draw extension levels outside the specified range, which are also based on Fibonacci levels. These extension levels can be turned off in the indicator settings. Each level is labeled to help traders understand what each line represents, and these labels can also be turned off in the settings.
The purpose of this script is to simplify the trading experience by allowing users to customize the time period that is identified and then draw levels of support and resistance based on the price action during this time.
Usage
In the indicator settings, users have access to a setting called Session Range, which allows them to control the range that will be used. The script will then identify the high and low of the specified range and draw several levels of support and resistance based on Fibonacci levels within this range. Users can also choose to display extension levels that show more levels outside the range. These lines will extend until the end of the current trading day at 5:00 pm EST.
Settings
Configuration
• Display Mode: Determines the number of days that will be displayed by the script.
• Show Labels: Determines whether or not identifying labels will be displayed on each line.
• Font Size: Determines the text size of labels.
• Label Position: Determines the justification of labels.
• Extension Levels: Determines whether or not extension levels will be drawn outside the high and low of the specified range.
Session
• Session Range: Determines the time period that will be used for calculations.
• Offset (+/-): Determines how many hours the session should be offset by.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.