INVITE-ONLY SCRIPT

Yearly Levels for Day Traders

The above is the five minutes chart for

The script is useful in identifying price levels for the short term trading. The inputs are based on Fibonacci ratios but on yearly basis.

You will need to enter the pair ratio for where the stock is between ( I will show you).

Those pairs are as follows:

R1/R2
(0/0.23)
(.23/.38)
(.38/.61)
(.61/1)
(1/1.61)
(1.61/2.61)
(2.61/4.23)
(4.23/6.859)
(6.85/11.08)
(11.08/17.94)
(17.94/29.05)
(29.05/46.95)
(46.95/75.99)
(75.99/122.99)

I personally added the indicator multiple times to a template and put in all the pairs so I do not have to enter the pair each time.

The script does not tell you which level is a bottom or a top. Your experience matters.

If you are interested please PM me the username:

Invite-only script

Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact malrawi directly.

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Author's instructions

Warning: please read our guide for invite-only scripts before requesting access.

malrawi

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