Fibonacci Fans application on top of Previous Higher TimeFrame High and Low. Idea owner is @faizannawaz1, special thanks to him for both the idea and tesing the application
WARNING : Study includes plottings in the future, and due to temporal gaps in non 7/24 markets such as weekends, holidays etc plotting of the fans will move to the open session (the effect will be observed on Friday and Monday). With crypto no any side affect will be observed.
Adiitonally the study includes some addons, such as
Central Pivot Range and Traditional Pivot Points
Volume Weighted Colored Bars
Price Range Meter - Horizontal HTF Candle
Disclaimer: Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely
The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
Notas de prensa
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Update
Enchanced by adding ALL Pivot Points - Ability to configure alerts for Pivot Support and Resistance Levels - Line Customization - Subsequent Pivot Plotting when approaching next session, default value set to 1 hour can be customized
Notas de prensa
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update
handling user requests - added ability to switch fans to historical high/low levels - added ability to set alerts for fans levels
for this study it seem i have not implemented alert for the fib fans, i will note your request for future updates. in my fib fans study (the original one) the alerts are available, if you are interested you may check here : tradingview.com/script/pKhv9SoH-Auto-Fib-Speed-Resistance-Fans-by-DGT/
anyamind
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@dgtrd, thank you! I did check the original study out and so far I prefer this one to the original, the reason being I can see htf fibs on a lower time frame chart. I will be monitoring this one for updates. Appreciate your work, a while back someone led me on to your Camrailla ++ and I am following you since.
dgtrd
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hello @anyamind, thnaks for the suggestion, i made alerts available for the fans with the latest version
anyamind
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@dgtrd, thank you so much for doing this! I deleted the old version of the script and added it again and reloaded everything but can't seem to figure out how to set them. I only see options for Top Bottom Central Pivot and Exhaustion bar. I appreciate if you care to help :-)
first keep the fan levels you are willing to monitor, then crete an alert using any alert() function call. i will suggest you to test its behaviour first
anyamind
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@dgtrd, I appreciate your comment :-) Never used alert function calls before (derp). Will definitely test out first.