[MAD] Fibonacci retracement

29. Okt. 2022

This is just a Fibonacci Retracement tool with some interactive information based on the actual closing price

How to use:
add the script,
input left bottom with the 1st click,
input top with the 2nd click

Informations you can see than:

Fiblevel (Price) %till_this_point = pricedifference

additional:
Bottom of the fib
Range Up in % + Price-Range
Range Down in %

you can shift the comma with the decimal functions for trading shitcoins as example

if looking into the past, level/price will follow, liveinfo using the close is than hidden

what will follow:
reverse
log/linear
autogrow when range will be wicked
maybe alerts on levels... have to think about how to capture correctly

30. Okt. 2022

Versionshinweise

cleanup pass

14. Nov. 2022

Versionshinweise

Automatically expanding by highs and lows added.. didnt like to hazzle around all the time ;-)

27. Dez. 2022

Versionshinweise

Added the reverse direction for the Fib-Levels

28. Dez. 2022

Versionshinweise

Log-Chart adjustment

24. Juni 2024

Versionshinweise

Update: Active Tracking Improvements

Enhanced Tracking Method: Active tracking now initiates based on the start time alone, rather than relying on both the top and bottom as starting points. This adjustment aims to streamline the process, making it more intuitive and faster to apply.

Scalable Across Assets: The tracking method is now effectively scaled across different assets, ensuring consistent displaying of the fib, not out of current sight, just the time has to be draged to the new startime

Changed Starting Process: The onstart inputs are changed to three clicks: Start Time, Bottom, Top