100kiwi

FibLines2

This script is a new version of "FibLines" which automatically draws Fibonacci Lines on chart.
0% line and 100% line are determined by "Period" and "Delay" parameter.

◆Params
- Period: specifies periods to detect the highest ( bearish ) fractal and the lowest ( bullish ) fractal .
- Delay: specifies the number of new bars you ignore.

(👇 old version)
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Kommentarer

Thank you for sharing ^^
Svara
wow this is an awesome indicator :)
thank you for creating this tool and for sharing it with the community...
I have been using your version one for a few weeks
made my day to find you have a version two that also does fib extensions
thanks again for your hard work
good luck !!!
Svara
100kiwi iamthree
@iamthree, I'm so glad you like it. Thank you😀
Svara
Hi

Do you have any updates to this indicator?
Svara
100kiwi GarethSA
@GarethSA, no. v1.0 is the current version.
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GarethSA 100kiwi
@100kiwi,
Why do your fibs not line up with TV fibs?

Svara
GarethSA GarethSA
@GarethSA, Yours is the Aqua by the yellow arrow?
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100kiwi GarethSA
@GarethSA, I don't think the results of the TV fibs calculations are correct.
For example, the 50% line.
(176.03 + 216.63) / 2 = 196.33 (TV fibs values is 195.30)
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GarethSA 100kiwi
@100kiwi,
Well why would theirs be wrong?
Maybe you should test on your screen and send them the info to fix
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100kiwi GarethSA
@GarethSA, In my environment, both are fine. I don't know what would cause a different result in your environment.🤥
(Red:Fiblines2, White:FibExtTool)
Svara
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