//parameters
// period = 50

ll = lowest[period](low)
hh = highest[period](high)
mid = (ll+hh)/2

fibo1 = (hh-ll)*0.764+ll
fibo2 = (hh-ll)*0.618+ll
fibo3 = (hh-ll)*0.382+ll
fibo4 = (hh-ll)*0.500+ll
fibo5 = (hh-ll)*0.236+ll

RETURN mid as "center", fibo1, fibo2, fibo3, fibo4, fibo5

Download

Filename: Fibonacci-auto-channels.itf

Downloads: 422

Nicolas Master

I created ProRealCode because I believe in the power of shared knowledge. I spend my time coding new tools and helping members solve complex problems. If you are stuck on a code or need a fresh perspective on a strategy, I am always willing to help. Welcome to the community!

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