OPEN-SOURCE SCRIPT

Wave Channel 3D

37 056
Wave Channel 3D
Built by Ricardo idea from JR & Aloakdutt from indieTrades Jan. 2010

This indicator is very easy to build. We utilize Moving Averages with a set multiplier and an offset. Specially we try to use Fibonacci sequence series numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144...) as time space and multiplier (default 89, 8). Also included is Donchian Channel to locate strong trends and possible future support - resistance.


Examples of support/resistance on chart.

imagen

Dominant Price Trends

imagen

Future Support Resistance

imagen

Comparing Fibonacci Series Time Space - Multiplier

imagen

When Comparing make note of confluence support/resistance showing up with Fibonacci Series
Example uses DC
imagen

When Comparing make note of confluence support/resistance showing up with Fibonacci Series
Example without DC / Smooth MA
imagen

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.