Weekly High/Low + Fib Levels

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02/26/2022 at 11:02 AM #188875 quote

breitdom
Participant

New

Good day to all!

I need the following indicator:
The high and low from the previous week should be taken and fibonacci levels (incl. extension) should be able to be set based on this range.
From this horizontal lines should be plotted. The line starts at the time of the week change and is to be drawn through for a desired distance to the current time.

If there is a need for more information, please provide feedback.

Thank you very much!

Best regards

indicator_only.png

02/26/2022 at 3:16 PM #188910 quote
JC_Bywan
Moderator

Master
Hi,

Don’t know how many ext you wanted, you can easily add more if needed by using same principle in lines 21-40. You can change N value at the beginning to customise the display of digits after comma.
```
defparam drawonlastbaronly=true

once N=1 // number of digits displayed after coma

if opendayofweek[1]>opendayofweek then
barstart=barindex
WprevH=hh
WprevL=ll
Wrange=WprevH-WprevL
ll=low
hh=high
endif
ll=min(ll,low)
hh=max(hh,high)

DRAWSEGMENT(barstart, WprevH, barindex, WprevH) coloured(255,0,0) 
DRAWSEGMENT(barstart, WprevL, barindex, WprevL) coloured(255,0,0)
DRAWTEXT("W Low #WprevL#", barindex, WprevL)
DRAWTEXT("W High #WprevH#", barindex, WprevH)

F382=round(WprevL+0.382*Wrange,N)
F618=round(WprevL+0.618*Wrange,N)
F1382=round(WprevL+1.382*Wrange,N)
F1618=round(WprevL+1.618*Wrange,N)
M382=round(WprevL-0.382*Wrange,N)
M618=round(WprevL-0.618*Wrange,N)

DRAWSEGMENT(barstart, F382, barindex, F382) coloured(255,0,0) style(dottedline,1)
DRAWSEGMENT(barstart, F618, barindex, F618) coloured(255,0,0) style(dottedline,1)
DRAWSEGMENT(barstart, F1382, barindex, F1382) coloured(255,0,0) style(dottedline,1)
DRAWSEGMENT(barstart, F1618, barindex, F1618) coloured(255,0,0) style(dottedline,1)
DRAWSEGMENT(barstart, M382, barindex, M382) coloured(255,0,0) style(dottedline,1)
DRAWSEGMENT(barstart, M618, barindex, M618) coloured(255,0,0) style(dottedline,1)

DRAWTEXT("W 38.2% #F382#", barindex, F382)
DRAWTEXT("W 61.8% #F618#", barindex, F618)
DRAWTEXT("W 138.2% #F1382#", barindex, F1382)
DRAWTEXT("W 161.8% #F1618#", barindex, F1618)
DRAWTEXT("W 38.2% #M382#", barindex, M382)
DRAWTEXT("W 61.8% #M618#", barindex, M618)

return
```
breitdom thanked this post
02/26/2022 at 5:51 PM #188920 quote

breitdom
Participant

New

defparam drawonlastbaronly=true
once N=1 // number of digits displayed after coma
if opendayofweek[1]>opendayofweek then 
barstart=barindex 
WprevH=hh 
WprevL=ll 
Wrange=WprevH-WprevL 
ll=low 
hh=high 
endif 
ll=min(ll,low) 
hh=max(hh,high)
DRAWSEGMENT(barstart, WprevH, barindex, WprevH) coloured(255,0,0) 
DRAWSEGMENT(barstart, WprevL, barindex, WprevL) coloured(255,0,0) 
DRAWTEXT(“W Low #WprevL#”, barindex, WprevL) 
DRAWTEXT(“W High #WprevH#”, barindex, WprevH)
F382=round(WprevL+0.382*Wrange,N) 
F618=round(WprevL+0.618*Wrange,N) 
F1382=round(WprevL+1.382*Wrange,N) 
F1618=round(WprevL+1.618*Wrange,N) 
M382=round(WprevL-0.382*Wrange,N) 
M618=round(WprevL-0.618*Wrange,N)
DRAWSEGMENT(barstart, F382, barindex, F382) coloured(255,0,0) style(dottedline,1) 
DRAWSEGMENT(barstart, F618, barindex, F618) coloured(255,0,0) style(dottedline,1) 
DRAWSEGMENT(barstart, F1382, barindex, F1382) coloured(255,0,0) style(dottedline,1) 
DRAWSEGMENT(barstart, F1618, barindex, F1618) coloured(255,0,0) style(dottedline,1) 
DRAWSEGMENT(barstart, M382, barindex, M382) coloured(255,0,0) style(dottedline,1) 
DRAWSEGMENT(barstart, M618, barindex, M618) coloured(255,0,0) style(dottedline,1)
DRAWTEXT(“W 38.2% #F382#”, barindex, F382) 
DRAWTEXT(“W 61.8% #F618#”, barindex, F618) 
DRAWTEXT(“W 138.2% #F1382#”, barindex, F1382) 
DRAWTEXT(“W 161.8% #F1618#”, barindex, F1618) 
DRAWTEXT(“W 38.2% #M382#”, barindex, M382) 
DRAWTEXT(“W 61.8% #M618#”, barindex, M618)
return

Wow, that was so fast!

Many, many thanks
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