Prototype Fibonacci stochastic oscillator for use on 1D, 4H, 1H, 30m, and 15m intervals.
Optional JMA (Jurik Moving Average) smoothing available in addition to SMA, EMA, RMA, WMA.
Parameters to auto-sync the the Security() request for the Fibonacci calculation is currently not functioning as intended; I would recommend using a Resolution/Timeframe Request of 1 day (the default) until I am able to address this issue.
Updated with 14-14-35 (Lookback period, Oscillator length, smoothing length) default recommended settings with sync enabled
Versionsinformation
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0.618 and 0.382 Levels now dotted instead of dashed, and will show as orange line at top of indicator when the price is between the 0.382 and 0.618 levels
Added T3 as smoothing option
Default parameter update - Security() sync disabled by default; while it may work on daily and intraday intervals, intervals larger than a day will show oscillator values outside of 0-100 (as of this time)
Can we have 720tf too? Or maybe timeframe that user wants by let them put it themselves. Thanks.
auroagwei
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@Jittra there are currently issues with oscillator values going outside of the 0-100 bounds when timeframe + Security() resolution for fib calcs don't match - it is possible to use on higher timeframes, but you have to set the resolution manually under input settings and adjust the length, lookback days, and smoothing parameters
Jittra
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@auroagwei, Just wanna say I still love this indicator. Thanks to heaven.
V2 of Fib Oscillator Prototype:
tradingview.com/script/EOyS7VyR-Fibonacci-Oscillator-Prototype-V2/