dgtrd

FibFans on Previous HTF HL [FaizanNawaz] by DGT

dgtrd Wizard Updated   
Fibonacci Fans application on top of Previous Higher TimeFrame High and Low. Idea owner is @faizannawaz1, special thanks to him for both the idea and tesing the application


WARNING : Study includes plottings in the future, and due to temporal gaps in non 7/24 markets such as weekends, holidays etc plotting of the fans will move to the open session (the effect will be observed on Friday and Monday). With crypto no any side affect will be observed.

More about Fibonacci Fans, how to apply fibonacci fans and automated fibonacci speed and resistance fans study

Adiitonally the study includes some addons, such as

Central Pivot Range and Traditional Pivot Points



Volume Weighted Colored Bars



Price Range Meter - Horizontal HTF Candle



Disclaimer:
Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely

The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script

Release Notes:
Update

Enchanced by adding ALL Pivot Points
- Ability to configure alerts for Pivot Support and Resistance Levels
- Line Customization
- Subsequent Pivot Plotting when approaching next session, default value set to 1 hour can be customized
Release Notes:
update

handling user requests
- added ability to switch fans to historical high/low levels
- added ability to set alerts for fans levels

slight enhancements and optimizations
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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