SighTTrader

AutoFib Extensions -by Stocksight

Autofib Extensions will automatically appear instantly when the candle breaks the high based on the period selected. Updates itself instantly, will show you the price of each level at the moment. Default uses a 3 period offset but can be modified.
Remove from Favorite Scripts Add to Favorite Scripts
//Auto Fib Extentions created by Stocksight January 1, 2016 Version 1.0

study("AFEXT", overlay=true, max_bars_back= 89)
z = input (50)
p_offset=input(3)

a=(lowest(z)+highest(z))/2
b=lowest(z)
c=highest(z)

//fib extension Calcs
fib1 = (((c-b)*1.13)+b)
fib2 = (((c-b)*1.272)+b)
fib3 = (((c-b)*1.41)+b)
fib4 = (((c-b)*1.500)+b)
fib5 = (((c-b)*1.618)+b)
//Calcs for a total of 7 fib extensions available, only four will plot.
fib6 = (((c-b)*1.764)+b)
fib7 = (((c-b)*2.00)+b)

fib8 = (((c-b)*-.13)+b)
fib9 = (((c-b)*-.272)+b)
fib10 = (((c-b)*-.41)+b)
fib11 = (((c-b)*-.500)+b)
fib12 = (((c-b)*-.618)+b)
fib13 = (((c-b)*-.764)+b)
fib14 = (((c-b)*-1.00)+b)

p1 = close > c[p_offset] ? fib1[p_offset] :na
p2 = close > c[p_offset] ? fib2[p_offset] :na
p3 = close > c[p_offset] ? fib3[p_offset] :na
p4 = close > c[p_offset] ? fib4[p_offset] :na
p5 = close > c[p_offset] ? fib5[p_offset] :na

p8 = close < b[p_offset] ? fib8[p_offset] :na
p9 = close < b[p_offset] ? fib9[p_offset] :na
p10 = close < b[p_offset] ? fib10[p_offset] :na
p11 = close < b[p_offset] ? fib11[p_offset] :na
p12 = close < b[p_offset] ? fib12[p_offset] :na


plot(p1, color =yellow, style=linebr,join = true)
plot(p2, color = gray, style = linebr, join = true)
plot(p3, color = gray, style = linebr, join = true)
plot(p4, color = red, style = linebr,join = true)
//plot(p5, color = black, style = linebr,join = true)


plot(p8, color =yellow, style=linebr, join = true)
plot(p9, color = gray, style = linebr,join = true)
plot(p10, color = gray, style = linebr,join = true)
plot(p11, color = red, style = linebr,join = true)
//plot(p12, color = black, style = linebr, join = true)


Comments

is the variable a just there for future reference?
Reply
Bullcrazy Bullcrazy
from line 7
Reply
SighTTrader Bullcrazy
Yeah that variable wasnt used, forgot to erase it.
Reply
Thanks, hope its helpfull.
Reply
Nice idea, very creative.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out