Market Resilience

Here is a “trading strategy” that will find its place in the series of scenarios …
Its design is the result of daily observation over several years transposed in this indicator.

The program generates from the Pre Market data a predictive view of course development by tracing its evolution by the projection of Fibonacci levels!
Initially developed on the index market, this indicator can also be used for currencies or equities by giving similar results.

It allows the development of trading plan by creating a resilient environment on the short-term observation of market movements.
His main interest lies in the way to apprehend a position statement by projecting a layer reflecting the possible evolution of the levels likely to be reached during the active session.

Because the prices have a memory, the market resilience remains an effective decision-making tool by making the short-term trading more serene in part thanks to a clarified vision of the
market, its use is perfect for “Day Trading or Scalping”
All you have to do is define a simple method based on “Pullback, Consolidation, Retracement, Open Range, Level Break, Trend Follow” …

Some will find a practical decision-making tool others a gadget worthy of the era of “shadocks”! It’s for you to see …
Hopefully these few lines of code will benefit you in your trading by being aware that the market is “almost” always right.

Start of the program on the candle from 08:00 (pre market between 08:00 and 08:59)
Detection of the level up and down until the closing of the candle of 08h55 “Open Range”
Calculation of the Fibonacci levels taking as a benchmark the mini point for 0% and the maximum point for 38.2% in the uptrend and its inverse for the downtrend
Draw the levels thus calculated on the graph with first threshold (target) at 76.4% corresponding to twice the maximum / minimum value (2X OPR) represented by the arrows (green and red)
Extension of Fibonacci levels up to 200% in both directions …

Available settings:

“Alpha” Setting transparency of information
“Offset” Position of the maximum and minimum values above and below the rectangle
“Level” Visualize or hide the Fibonacci levels
“Text” Shows or hides the up / down values, arrows (2x OPR) and HI and LO segments

As usual, everything is mixable

// Market Resilence EUR | Graph Indicator
// 19.01.2019 (Release 1.0)
// Swapping @ www.forexswap.fr
// Sharing ProRealTime knowledge (alt+16) ( use with time frame 5mn )

// --- property settings
//Alpha   = 180 // Transparency text
//Offset  = 10  // Offset alphanumeric/rectangle OPR
//Level   = 1   // (0=hidden; 1=observable)
//Text    = 1   // (0=no text; 1=text)
// --- end

DefParam DrawOnLastBarOnly = true

starttime = 080500     // 08h00 Pré Market EU (Cac, Dax, Footsie, ect...)
endtime   = 090000     // 09h00 Ouverture session européenne

alpha = max(alpha,0)   // Restricted input variable Max-Min
alpha = min(alpha,255)

dif = hh-ll
fib38 = hh
fib0  = ll

if time = starttime then
 startbar = barindex
endif
if time = endtime then
 endbar = barindex
endif

if time >= starttime and time <= endtime then
 if high > hh then
  hh = high
 endif
 if low < ll or ll = 0 then
  ll = low
 endif
endif

if intradaybarindex = 0 then
 hh = 0
 ll = 0
endif

//hh = round(hh) // Option résultat valeur arrondi
//ll = round(ll) // Option résultat valeur arrondi

if time > endtime then
 //DrawRectangle(startbar,hh,endbar,ll) coloured(0,255,255,alpha) // Option Rectangle (Alpha = transparence)
 //DrawEllipse(startbar,hh,endbar,ll) coloured(0,255,255,alpha)   // Option ellipse
 DrawSegment(startbar,Hh,endbar,Hh) coloured(123,123,123,alpha)      // Segment Upper
 DrawSegment(startbar,Ll,endbar,Ll) coloured(123,123,123,alpha)      // Segment Lower
 DrawSegment(startbar,hh,endbar-11,ll) coloured(123,123,123,alpha)   // Segment Left
 DrawSegment(startbar+11,Hh,endbar,Ll) coloured(123,123,123,alpha)   // Segment Right
endif

if Text = 1 then
 DrawText("OPR #dif#pts",startbar+6,hh+(offset*4),SansSerif,Bold,11) coloured(150,150,150,alpha)
 DrawText(" HI  #hh# ",startbar+6,hh+(offset),SansSerif,Standard,10) coloured(22,111,0,alpha)
 //DrawText("Bull Market",startbar+5,hh+(offset),Dialog,Bold,12) coloured(22,111,0,alpha) // Option text only
 //DrawLine(barindex-1,hh,barindex,hh) coloured(111,11,111,alpha) // Option ligne continue
 DrawSegment(endbar,hh,barindex,hh) coloured(0,200,0,alpha)
 DrawText("╔═════► ",startbar+6,hh+(dif),Dialog,Bold,10) coloured(22,111,0,alpha) // Option OPR - 100% (Glyphe alt+201, alt+205)
 DrawText(" LO  #ll# ",startbar+6,ll-(offset),SansSerif,Standard,10) coloured(200,20,20,alpha)
 //DrawText("Bear Market",startbar+5,ll-(offset),Dialog,Bold,12) coloured(200,20,20,alpha) // Option text only
 //DrawLine(barindex-1,ll,barindex,ll) coloured(111,11,111,alpha) // Option ligne continue
 DrawSegment(endbar,ll,barindex,ll) coloured(200,0,0,alpha)
 DrawText("╚═════► ",startbar+6,ll-(dif),Dialog,Bold,10) coloured(200,10,10,alpha) // Option OPR - 100% (Glyphe alt+200, alt+205)
endif

if Level = 1 then
 fibobull200 = (fib38-fib0)*5.236+fib0
 DrawSegment(endbar+2,fibobull200,barindex-10,fibobull200) coloured(25,100,0,alpha)
 DrawText("Bullish 200%",barindex-2,fibobull200,SansSerif,Bold,11) coloured(25,100,0,alpha)
 fibobull162 = (fib38-fib0)*4.236+fib0
 DrawSegment(endbar+2,fibobull162,barindex-10,fibobull162) coloured(25,100,0,alpha)
 DrawText("161.8%",barindex-3,fibobull162,SansSerif,Bold,11) coloured(25,100,0,alpha)
 fibobull124 = (fib38-fib0)*3.236+fib0
 DrawSegment(endbar+2,fibobull124,barindex-10,fibobull124) coloured(25,100,0,alpha)
 DrawText("123.6%",barindex-3,fibobull124,SansSerif,Bold,11) coloured(25,100,0,alpha)
 fibobull100 = (fib38-fib0)*1.618+fib38
 DrawSegment(endbar+2,fibobull100,barindex-10,fibobull100) coloured(25,100,0,alpha)
 DrawText("100%",barindex-3,fibobull100,SansSerif,Bold,11) coloured(25,100,0,alpha)
 fibobull76 = (fib38-fib0)+fib38
 DrawSegment(endbar+2,fibobull76,barindex-10,fibobull76) coloured(25,100,0,alpha)
 DrawText("76.4%",barindex-3,fibobull76,SansSerif,Bold,11) coloured(25,100,0,alpha)
 fibobull62 = (fib38-fib0)*1.618+fib0
 DrawSegment(endbar+2,fibobull62,barindex-10,fibobull62) coloured(25,100,0,alpha)
 DrawText("61.8%",barindex-3,fibobull62,SansSerif,Bold,11) coloured(25,100,0,alpha)

 fibobear62 = (fib0-fib38)*.618+fib0
 DrawSegment(endbar+2,fibobear62,barindex-10,fibobear62) coloured(200,11,11,alpha)
 DrawText("61.8%",barindex-3,fibobear62,SansSerif,Bold,11) coloured(200,10,10,alpha)
 fibobear76 = (fib0-fib38)+fib0
 DrawText("76.4%",barindex-3,fibobear76,SansSerif,Bold,11) coloured(200,10,10,alpha)
 DrawSegment(endbar+2,fibobear76,barindex-10,fibobear76) coloured(200,11,11,alpha)
 fibobear100 = (fib0-fib38)*1.618+fib0
 DrawText("100%",barindex-3,fibobear100,SansSerif,Bold,11) coloured(200,10,10,alpha)
 DrawSegment(endbar+2,fibobear100,barindex-10,fibobear100) coloured(200,11,11,alpha)
 fibobear124 = (fib0-fib38)*2.236+fib0
 DrawSegment(endbar+2,fibobear124,barindex-10,fibobear124) coloured(200,11,11,alpha)
 DrawText("123.6%",barindex-3,fibobear124,SansSerif,Bold,11) coloured(200,10,10,alpha)
 fibobear162 = (fib0-fib38)*3.236+fib0
 DrawSegment(endbar+2,fibobear162,barindex-10,fibobear162) coloured(200,11,11,alpha)
 DrawText("161.8%",barindex-3,fibobear162,SansSerif,Bold,11) coloured(200,10,10,alpha)
 fibobear200 = (fib0-fib38)*4.236+fib0
 DrawSegment(endbar+2,fibobear200,barindex-10,fibobear200) coloured(200,11,11,alpha)
 DrawText("Bearish 200%",barindex-2,fibobear200,SansSerif,Bold,11) coloured(200,10,10,alpha)
endif

return

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// Market Resilence EUR | Graph Indicator

// 19.01.2019 (Release 1.0)

// Swapping @ www.forexswap.fr

// Sharing ProRealTime knowledge (alt+16) ( use with time frame 5mn )

// --- property settings

//Alpha = 180 // Transparency text

//Offset = 10 // Offset alphanumeric/rectangle OPR

//Level = 1 // (0=hidden; 1=observable)

//Text = 1 // (0=no text; 1=text)

// --- end

DefParam DrawOnLastBarOnly = true

starttime = 080500 // 08h00 Pré Market EU (Cac, Dax, Footsie, ect...)

endtime = 090000 // 09h00 Ouverture session européenne

alpha = max(alpha,0) // Restricted input variable Max-Min

alpha = min(alpha,255)

dif = hh-ll

fib38 = hh

fib0 = ll

if time = starttime then

startbar = barindex

endif

if time = endtime then

endbar = barindex

endif

if time >= starttime and time <= endtime then

if high > hh then

hh = high

endif

if low < ll or ll = 0 then

ll = low

endif

if intradaybarindex = 0 then

hh = 0

ll = 0

endif

//hh = round(hh) // Option résultat valeur arrondi

//ll = round(ll) // Option résultat valeur arrondi

if time > endtime then

//DrawRectangle(startbar,hh,endbar,ll) coloured(0,255,255,alpha) // Option Rectangle (Alpha = transparence)

//DrawEllipse(startbar,hh,endbar,ll) coloured(0,255,255,alpha) // Option ellipse

DrawSegment(startbar,Hh,endbar,Hh) coloured(123,123,123,alpha) // Segment Upper

DrawSegment(startbar,Ll,endbar,Ll) coloured(123,123,123,alpha) // Segment Lower

DrawSegment(startbar,hh,endbar-11,ll) coloured(123,123,123,alpha) // Segment Left

DrawSegment(startbar+11,Hh,endbar,Ll) coloured(123,123,123,alpha) // Segment Right

endif

if Text = 1 then

DrawText("OPR #dif#pts",startbar+6,hh+(offset*4),SansSerif,Bold,11) coloured(150,150,150,alpha)

DrawText(" HI #hh# ",startbar+6,hh+(offset),SansSerif,Standard,10) coloured(22,111,0,alpha)

//DrawText("Bull Market",startbar+5,hh+(offset),Dialog,Bold,12) coloured(22,111,0,alpha) // Option text only

//DrawLine(barindex-1,hh,barindex,hh) coloured(111,11,111,alpha) // Option ligne continue

DrawSegment(endbar,hh,barindex,hh) coloured(0,200,0,alpha)

DrawText("╔═════► ",startbar+6,hh+(dif),Dialog,Bold,10) coloured(22,111,0,alpha) // Option OPR - 100% (Glyphe alt+201, alt+205)

DrawText(" LO #ll# ",startbar+6,ll-(offset),SansSerif,Standard,10) coloured(200,20,20,alpha)

//DrawText("Bear Market",startbar+5,ll-(offset),Dialog,Bold,12) coloured(200,20,20,alpha) // Option text only

//DrawLine(barindex-1,ll,barindex,ll) coloured(111,11,111,alpha) // Option ligne continue

DrawSegment(endbar,ll,barindex,ll) coloured(200,0,0,alpha)

DrawText("╚═════► ",startbar+6,ll-(dif),Dialog,Bold,10) coloured(200,10,10,alpha) // Option OPR - 100% (Glyphe alt+200, alt+205)

endif

if Level = 1 then

fibobull200 = (fib38-fib0)*5.236+fib0

DrawSegment(endbar+2,fibobull200,barindex-10,fibobull200) coloured(25,100,0,alpha)

DrawText("Bullish 200%",barindex-2,fibobull200,SansSerif,Bold,11) coloured(25,100,0,alpha)

fibobull162 = (fib38-fib0)*4.236+fib0

DrawSegment(endbar+2,fibobull162,barindex-10,fibobull162) coloured(25,100,0,alpha)

DrawText("161.8%",barindex-3,fibobull162,SansSerif,Bold,11) coloured(25,100,0,alpha)

fibobull124 = (fib38-fib0)*3.236+fib0

DrawSegment(endbar+2,fibobull124,barindex-10,fibobull124) coloured(25,100,0,alpha)

DrawText("123.6%",barindex-3,fibobull124,SansSerif,Bold,11) coloured(25,100,0,alpha)

fibobull100 = (fib38-fib0)*1.618+fib38

DrawSegment(endbar+2,fibobull100,barindex-10,fibobull100) coloured(25,100,0,alpha)

DrawText("100%",barindex-3,fibobull100,SansSerif,Bold,11) coloured(25,100,0,alpha)

fibobull76 = (fib38-fib0)+fib38

DrawSegment(endbar+2,fibobull76,barindex-10,fibobull76) coloured(25,100,0,alpha)

DrawText("76.4%",barindex-3,fibobull76,SansSerif,Bold,11) coloured(25,100,0,alpha)

fibobull62 = (fib38-fib0)*1.618+fib0

DrawSegment(endbar+2,fibobull62,barindex-10,fibobull62) coloured(25,100,0,alpha)

DrawText("61.8%",barindex-3,fibobull62,SansSerif,Bold,11) coloured(25,100,0,alpha)

fibobear62 = (fib0-fib38)*.618+fib0

DrawSegment(endbar+2,fibobear62,barindex-10,fibobear62) coloured(200,11,11,alpha)

DrawText("61.8%",barindex-3,fibobear62,SansSerif,Bold,11) coloured(200,10,10,alpha)

fibobear76 = (fib0-fib38)+fib0

DrawText("76.4%",barindex-3,fibobear76,SansSerif,Bold,11) coloured(200,10,10,alpha)

DrawSegment(endbar+2,fibobear76,barindex-10,fibobear76) coloured(200,11,11,alpha)

fibobear100 = (fib0-fib38)*1.618+fib0

DrawText("100%",barindex-3,fibobear100,SansSerif,Bold,11) coloured(200,10,10,alpha)

DrawSegment(endbar+2,fibobear100,barindex-10,fibobear100) coloured(200,11,11,alpha)

fibobear124 = (fib0-fib38)*2.236+fib0

DrawSegment(endbar+2,fibobear124,barindex-10,fibobear124) coloured(200,11,11,alpha)

DrawText("123.6%",barindex-3,fibobear124,SansSerif,Bold,11) coloured(200,10,10,alpha)

fibobear162 = (fib0-fib38)*3.236+fib0

DrawSegment(endbar+2,fibobear162,barindex-10,fibobear162) coloured(200,11,11,alpha)

DrawText("161.8%",barindex-3,fibobear162,SansSerif,Bold,11) coloured(200,10,10,alpha)

fibobear200 = (fib0-fib38)*4.236+fib0

DrawSegment(endbar+2,fibobear200,barindex-10,fibobear200) coloured(200,11,11,alpha)

DrawText("Bearish 200%",barindex-2,fibobear200,SansSerif,Bold,11) coloured(200,10,10,alpha)

endif

return

fibonacci market resilience premarket price action strategy

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

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Filename : download the ITF files

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maurizio • 01/19/2019 #
sul FIB non funziona

swapping • 01/19/2019 #
per me funziona, spiegazione ?

maurizio • 01/19/2019 #
inserisco l’indicatore e non mi da nessuna linea

maurizio • 01/19/2019 #
ho provato anche a mettere dalle 9 alle 10 poichè il fib apre alle 9 e non alle 8 come il dax ma non funziona, ho inserito le variabili ma non funziona.
probabilmente sbaglio qualcosa

osupero • 01/19/2019 #
NO FUNCIONA.. no sale absolutamente nada

winnie37 • 01/19/2019 #
j’aimerai rendre cet indicateur détectable à travers le proscreener. Par exemple, cours touche le résistance 76,4%. Est-ce possible?

swapping • 01/19/2019 #
Bonjour winnie37, je pense que cela peut-être possible en ajoutant une condition par exemple quand le prix touche le niveau des 76.4 (qui est lisible bien avant que le cours n’y arrive) et donc ajouter une variable externe par laquelle on ajoute la valeur du niveau à détecter tout niveau pourra alors faire le job…
s’il faut, ouvre un thread sur le forum pour qu’on puisse développer ta demande
cordialement swapping

Kris75 • 01/19/2019 #
Hi,
This is great !! anyone ever developped a strategy about it ???

swapping • 01/19/2019 #
hello Kris75, not that I know but it is possible to make a scenario 😉

digitation • 01/19/2019 #
Hi swapping,
Thanks for sharing this useful tool. I was wondering how difficult it would be to make the 1st hour levels stay on the chart from one day to the next (like the standard pivot levels indicator) ?

Nicolas Add indicator on price doesnt require any specific type of subcription. Click on the wrench ...

tahiti bonjour j'ai une petite question comment peux on enlevé la bar blanche sur la bougie en cour...

sixeight Hi Kris, is there a way to increase the number of rows? I get a loop error

swapping https://www.prorealcode.com/topic/prc_quickfibtl/ Please Hans63 and robdav follow to uppe...

Hans63 Thank you swapping

FREDNC @Nicolas merci pour se remarquable indicateur, reste à voir comment on va pourvoir l'intégre...

AlexWoe89 Hi, thanks for the code. Do you have an idea, if you can also draw pre-market data on char...

Thomas Hello swapping. Very good idea. Can I use and modify the code? I would like to add a few mor...

Razz Hello swapping the indicator is very good! Can you tell me how I can add 2 lines in the dist...

swapping Hello wanjpt, I do not see how to do it because the calculation is for 12 candles of 5mn onl...

wanjpt Thanks swapping.

Thomas @wanjpt https://www.prorealcode.com/prorealtime-indicators/opening-range-eur-with-close-and...

swapping fib1236 = (hiday-lowday)*1.236+lowday DrawSegment(startbar,fib1236,barindex,fib1236) colou...

swapping Oups ! Nicolas il y a un problème avec l'insertion de code en utilisant le bouton [Add PRT ...

swapping fib1236 = (hiday-lowday)*1.236+lowday DrawSegment(startbar,fib1236,barindex,fib1236) colour...

Nicolas Sure, I suggest you open a new topic in the forum to discuss about your ideas.

hdgm Bonjour Nicolas, est ce que l'on peut en faire une stratégie de trading automatisée ?

Nicolas Non, pas en utilisant l'indicateur zigzag traditionnel de la plateforme.

Van Salt Hi Bianca, the indicator shows you some interesting cluster-zones from long- and shortterm f...

Vinci1966 Questo indicatore è molto interessante. Mi sono permesso di apportare alcune modifiche nell'...

Vinci1966 // VAN SALT´s <> Version 20171105 // This Indicator draws the Shortterm and Longtern ...

Nicolas Please open a new forum topic, and respect the posting rules. Add a precise description of w...

FXTT ok will do, apologies, as I said I am new here. many thanks

Noobywan Version v2 including requested additions: https://www.prorealcode.com/prorealtime-indicators...

finplus bonjour, il y a un problème à la fin du code avec elsif (close 0 then ... ne manque t il pas...

kj1988 Hello Nicolas, thank you for this useful indicator. Could you tell me how I can remove the...

Nicolas remove lines 101 to 103

Nicolas Use the wrench of the price chart! Upper left of the window

Dymjohn The wrench shows options for the components of the indicator not how to show in the main cha...

Nicolas http://www.prorealcode.com/topic/overlapping-indicators/

211 Really nice indicator Nicolas! Well done!

supertiti Bonjour Nicolas comme j'avais l'impression qu'il en manque un bout j'ai fais ça : Peux...

Nicolas Merci supertiti ! C'est juste, encore un ptit bug quelquepart ! :|

Nicolas Je pense que cela a été fait dans le forum il y a quelques temps, il faudrait le retrouver t...

besserwerden Hello, I want t use this screener, but only results for uptrend. Is there a possibillity to ...

besserwerden Hello Nicolas, I want t use this screener, but only results for uptrend. Is there a possibil...

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