Show weekly fibonnacis on daily graph

• 02/05/2024 at 5:19 PM #227431
  kaoklai

  Hello,

  I’m looking for a way to show weekly fibonnacis retracements on a daily graph, the perfect thing would is to be possible to chose period to apply after drawing but draw levels as lines are ok too.

  I’m taking the liberty of asking it here because it doesn’t look as simple as it sounds.

  Thanks for your welcome help 🙂

   

  

  kaoklai

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  02/05/2024 at 5:52 PM #227433
  robertogozzi

  Add this indicator on your Daily price chart. It will plot weekly FIBO levels according to the number of weekly periods you selected:

  // Weekly Fibonacci Levels // DEFPARAM CalculateOnLastBars = 3000 DEFPARAM DrawOnLastBarOnly = True ONCE p = 30 Timeframe(Weekly) HH = highest[p](high) LL = lowest[p](low) Diff = HH - LL Fib0236 = Diff * 0.236 Fib0382 = Diff * 0.382 Fib0500 = Diff * 0.500 Fib0618 = Diff * 0.618 Fib0764 = Diff * 0.764 Up = 0 Dn = 0 FOR i = 0 TO (p - 1) IF high[i] = HH THEN Up = 1 BREAK ENDIF IF low[i] = LL THEN Dn = 1 BREAK ENDIF NEXT // Timeframe(default) DRAWHLINE(HH) coloured(238,122,233,255)//(0,128,0,255) DRAWHLINE(LL) coloured(238,122,233,255)//(0,128,0,255) LastBar = BarIndex IF Up THEN DRAWTEXT("---------------------------(23.6%)",LastBar,HH - Fib0236,SansSerif,Bold,10)coloured(238,122,233,255) DRAWTEXT("---------------------------(38.2%)",LastBar,HH - Fib0382,SansSerif,Bold,10)coloured(238,122,233,255) DRAWTEXT("---------------------------(50.0%)",LastBar,HH - Fib0500,SansSerif,Bold,10)coloured(238,122,233,255) DRAWTEXT("---------------------------(61.8%)",LastBar,HH - Fib0618,SansSerif,Bold,10)coloured(238,122,233,255) DRAWTEXT("---------------------------(76.4%)",LastBar,HH - Fib0764,SansSerif,Bold,10)coloured(238,122,233,255) ELSIF Dn THEN DRAWTEXT("---------------------------(23.6%)",LastBar,LL + Fib0236,SansSerif,Bold,10)coloured(238,122,233,255) DRAWTEXT("---------------------------(38.2%)",LastBar,LL + Fib0382,SansSerif,Bold,10)coloured(238,122,233,255) DRAWTEXT("---------------------------(50.0%)",LastBar,LL + Fib0500,SansSerif,Bold,10)coloured(238,122,233,255) DRAWTEXT("---------------------------(61.8%)",LastBar,LL + Fib0618,SansSerif,Bold,10)coloured(238,122,233,255) DRAWTEXT("---------------------------(76.4%)",LastBar,LL + Fib0764,SansSerif,Bold,10)coloured(238,122,233,255) ENDIF RETURN

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  // Weekly Fibonacci Levels // DEFPARAM CalculateOnLastBars = 3000 DEFPARAM DrawOnLastBarOnly   = True   ONCE p   = 30 Timeframe(Weekly) HH      = highest[p](high) LL      = lowest[p](low) Diff    = HH - LL Fib0236 = Diff * 0.236 Fib0382 = Diff * 0.382 Fib0500 = Diff * 0.500 Fib0618 = Diff * 0.618 Fib0764 = Diff * 0.764 Up     = 0 Dn     = 0 FOR i = 0 TO (p - 1)    IF high[i] = HH THEN       Up = 1       BREAK    ENDIF    IF low[i] = LL THEN       Dn = 1       BREAK    ENDIF NEXT // Timeframe(default) DRAWHLINE(HH) coloured(238,122,233,255)//(0,128,0,255) DRAWHLINE(LL) coloured(238,122,233,255)//(0,128,0,255) LastBar = BarIndex IF Up THEN DRAWTEXT("---------------------------(23.6%)",LastBar,HH - Fib0236,SansSerif,Bold,10)coloured(238,122,233,255) DRAWTEXT("---------------------------(38.2%)",LastBar,HH - Fib0382,SansSerif,Bold,10)coloured(238,122,233,255) DRAWTEXT("---------------------------(50.0%)",LastBar,HH - Fib0500,SansSerif,Bold,10)coloured(238,122,233,255) DRAWTEXT("---------------------------(61.8%)",LastBar,HH - Fib0618,SansSerif,Bold,10)coloured(238,122,233,255) DRAWTEXT("---------------------------(76.4%)",LastBar,HH - Fib0764,SansSerif,Bold,10)coloured(238,122,233,255) ELSIF Dn THEN DRAWTEXT("---------------------------(23.6%)",LastBar,LL + Fib0236,SansSerif,Bold,10)coloured(238,122,233,255) DRAWTEXT("---------------------------(38.2%)",LastBar,LL + Fib0382,SansSerif,Bold,10)coloured(238,122,233,255) DRAWTEXT("---------------------------(50.0%)",LastBar,LL + Fib0500,SansSerif,Bold,10)coloured(238,122,233,255) DRAWTEXT("---------------------------(61.8%)",LastBar,LL + Fib0618,SansSerif,Bold,10)coloured(238,122,233,255) DRAWTEXT("---------------------------(76.4%)",LastBar,LL + Fib0764,SansSerif,Bold,10)coloured(238,122,233,255) ENDIF RETURN

   

  

  robertogozzi

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