XYZ Super Fibonacci Channel Cluster

Simple setups

• Just input two different ema, X and Y.
  
• Multiple = input Phi factor (ex: 0.38 , 0.618 , 1.618 , 3.14)
  

Usage
Grouping movements into channels to identify trend acceleration and deceleration

Example usability in the BTC/USD trading pair (timeframe = 1D) =>
Input Setups

• Source = hlc3
  
• Multiplier = 2
  
• X Ema = 13
  
• Y Ema = 21
  

How to identify acceleration and deceleration?

• H_1 to H_2 => Bullish but no acceleration (because at same top level border).
  
• H_2 to H_3 => Bullish with acceleration (go up to another top level border).
  
• H_3 to H_4 / H_4 to H_5 => Bullish deceleration (because drop to another top level border).
  
• L_1 to L_2 => Bearish signal (because fall below EMA-super and touch the bottom border of Super Channel).
  
• L_2 to L_3 => Bearish acceleration (drop to another bottom level border).
  
• L_3 to L_4 => Bearish deceleration (go up to another bottom level border).
  

Versionsinformation:

V.2

• Added a multiplier options and updating tooltip
  
• Default setup changes
  

Versionsinformation:

Update

• Separate Upper Multiplier and Lower Multiplier
  
• Ema XYZ enabled
  
• Coloring improvement
  [*} Term improvement
  

Versionsinformation:

• Updated script
  
• Added channel last length
  
• Default changes