OPEN-SOURCE SCRIPT
Retracement FiboNacci
🎯 Core Functionality
Automatic Swing Detection: Uses ZigZag algorithm to detect significant price swings
Dual Modes:
Fibonacci Retracements - Traditional price-based levels
Fibonacci Time Zones - Time-based projections
Multi-Timeframe Analysis: Works on any timeframe while detecting swings from higher timeframes
⚙️ Customization Options
Fibonacci Levels:
Fully customizable Fibonacci levels (0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%)
Individual color selection for each level
Toggle on/off specific levels as needed
Display Settings:
Line Styling: Choose between Solid, Dashed, or Dotted lines
Line Thickness: Adjustable from 1 to 5 pixels
ZigZag Visibility: Toggle base ZigZag line display
Label Management:
Fibonacci Labels: Show percentage retracement levels
Price Labels: Display actual price values
Flexible Positioning:
Left, Right, Both sides, or Auto-centering
Independent control for Fib and Price labels
Option to hide labels completely
🔧 Technical Specifications
ZigZag Parameters:
Depth: 12 bars
Deviation: 1%
Backstep: 2 bars
Real-time Updates: Automatically redraws when new swings are detected
Clean Interface: Removes old drawings to prevent chart clutter
Usage Scenarios
📈 Trend Analysis
Identify retracement levels during pullbacks
Spot potential reversal zones at key Fibonacci levels
Measure swing magnitudes for position sizing
⏰ Time Projections
Use Time Zone mode for forecasting potential reversal times
Combine price and time analysis for confluence
🎨 Visual Customization
Color-code important levels (e.g., 61.8% as golden ratio)
Adjust label sizes for better readability
Choose line styles that complement your chart setup
Ideal For
Swing traders identifying entry/exit points
Position traders finding optimal accumulation zones
Technical analysts validating support/resistance levels
Multi-timeframe analysts correlating higher timeframe structure
Pro Tips
Combine with Volume: Confirm reactions at Fibonacci levels with volume spikes
Multiple Timeframes: Use higher timeframe Fibonacci levels for major S/R
Confluence Trading: Look for Fibonacci levels aligning with previous support/resistance
Risk Management: Use Fibonacci extensions for profit targets
Automatic Swing Detection: Uses ZigZag algorithm to detect significant price swings
Dual Modes:
Fibonacci Retracements - Traditional price-based levels
Fibonacci Time Zones - Time-based projections
Multi-Timeframe Analysis: Works on any timeframe while detecting swings from higher timeframes
⚙️ Customization Options
Fibonacci Levels:
Fully customizable Fibonacci levels (0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%)
Individual color selection for each level
Toggle on/off specific levels as needed
Display Settings:
Line Styling: Choose between Solid, Dashed, or Dotted lines
Line Thickness: Adjustable from 1 to 5 pixels
ZigZag Visibility: Toggle base ZigZag line display
Label Management:
Fibonacci Labels: Show percentage retracement levels
Price Labels: Display actual price values
Flexible Positioning:
Left, Right, Both sides, or Auto-centering
Independent control for Fib and Price labels
Option to hide labels completely
🔧 Technical Specifications
ZigZag Parameters:
Depth: 12 bars
Deviation: 1%
Backstep: 2 bars
Real-time Updates: Automatically redraws when new swings are detected
Clean Interface: Removes old drawings to prevent chart clutter
Usage Scenarios
📈 Trend Analysis
Identify retracement levels during pullbacks
Spot potential reversal zones at key Fibonacci levels
Measure swing magnitudes for position sizing
⏰ Time Projections
Use Time Zone mode for forecasting potential reversal times
Combine price and time analysis for confluence
🎨 Visual Customization
Color-code important levels (e.g., 61.8% as golden ratio)
Adjust label sizes for better readability
Choose line styles that complement your chart setup
Ideal For
Swing traders identifying entry/exit points
Position traders finding optimal accumulation zones
Technical analysts validating support/resistance levels
Multi-timeframe analysts correlating higher timeframe structure
Pro Tips
Combine with Volume: Confirm reactions at Fibonacci levels with volume spikes
Multiple Timeframes: Use higher timeframe Fibonacci levels for major S/R
Confluence Trading: Look for Fibonacci levels aligning with previous support/resistance
Risk Management: Use Fibonacci extensions for profit targets
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.