OPEN-SOURCE SCRIPT
Updated [MAD] Fibchannels
This is an indicator that gives you bands around the Fibonacci levels High/Low of the asset.
There are 3 time frames available so you can use the hourly, daily and weekly at the same time.
You can change the bands via selectable inputs to suit your own preferences.
you can as example combine with RSI or MACD to find a entry
There are 3 time frames available so you can use the hourly, daily and weekly at the same time.
You can change the bands via selectable inputs to suit your own preferences.
you can as example combine with RSI or MACD to find a entry
Release Notes
Added labels and reduction of the securitycallsRelease Notes
Bug fixing and some small features:Colors
Transparency for Lines (per Timeframe)
Thickness for Lines (per Timeframe)
Fills configuration is because of lacking more plots still on manual selection
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
djmad|Bitblockart
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
djmad|Bitblockart
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.