Automatic fibonacci tool. Still in beta, but works. will be updating in the future with better improvements, depending on popularity. Feedback and suggestions welcome.
This indicator plots a Pivot Point and 3 Support and Resistance lines that automatically adapt to the Timeframe These can also be plotted against a Custom Timeframe
It is used to detect volume resistors in a personalized way, since it allows the user to enter the volume in which he wishes the resistance to jump automatically. It does not mark the black line and the graphic that's just to help understand how it works in the above image can see the indicator works on 30 minutes chart in the above image can see the...
The golden ratio is also called the golden mean or golden section. It has been used to analyze the proportions of natural objects as well as man-made systems such as financial markets. The mathematics of the golden ratio and of the Fibonacci sequence is intimately interconnected. The Fibonacci sequence is: 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377,...