This script is based on 'Golden Ratio'
It starts from the last pivot high/low, forming a rectangular spiral.
Mainly experimental but I think it could be used as 'support/resistance' and trend interpretation
The (pivot) length can be adjusted ('Leftbars'):
Start of the spiral can be changed ('Start loop'):
End of the spiral can be changed as well ('End loop'):
It can be made more compact, or wider ('Ratio'):
'Extend lines' can be helpful finding S/R area's:
('extend left')
Cheers!
It starts from the last pivot high/low, forming a rectangular spiral.
Mainly experimental but I think it could be used as 'support/resistance' and trend interpretation
The (pivot) length can be adjusted ('Leftbars'):
Start of the spiral can be changed ('Start loop'):
End of the spiral can be changed as well ('End loop'):
It can be made more compact, or wider ('Ratio'):
'Extend lines' can be helpful finding S/R area's:
Cheers!
Versionsinformation:
Added 5 extra styles:
LuxAlgo Dev: www.luxalgo.com
PineCoder: www.pinecoders.com
- We cannot control our emotions,
but we can control our keyboard -
PineCoder: www.pinecoders.com
- We cannot control our emotions,
but we can control our keyboard -