More from ProRealCode
ProRealCode - Trading & Coding with ProRealTime™
The ProRealTime™ community on the web! Officially sharing ProRealTime knowledge to Worldwide users since 2015!
Fibonacci auto channel
February 5, 2016, 10:12 PM
Indicators
3 Comments
Another channel indicator made of Fibonacci retracements levels over an x period.
//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:
424
Legend
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!
Author’s Profile
Similar code
Linear Regression Channel with FIBONACCIIndicators
Fibonacci Confluence ToolkitIndicators
Fibonacci pivot pointsIndicators
Fibonacci Structure EngineIndicators
Loading...
Bonjour Nicolas comme j'avais l'impression qu'il en manque un bout j'ai fais ça : Peux tu valider ce code , merci Le bouton ADD PRT code ne marche pas cette fois !? // Fibonacci Auto Channels PRC //parameters // period = 50 ll = lowest[period](low) hh = highest[period](high) //mid = (ll+hh)/2 fibo1 = 1/(hh-ll)*1.236+ll fibo2 = (hh-ll)*0.236+ll fibo3 = (hh-ll)*0.382+ll fibo4 = (hh-ll)*0.500+ll fibo5 = (hh-ll)*0.618+ll fibo6 = (hh-ll)*0.764+ll fibo7 = (hh-ll)*1+ll RETURN customclose as " customclose " , fibo1 as " fibo1", fibo2 as " fibo2" , fibo3 as " fibo3" , fibo4 as " fibo center ", fibo5 as " fibo5 ", fibo6 as " fibo6 ", fibo7 as " fibo7 "