fibonacciRetracement
Fibonacci Retracement is a technical analysis tool that uses horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before the price continues in the original direction.
fibonacciRetracement (tick)
Fibonacci Retracement is a technical analysis tool that uses horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before the price continues in the original direction.
Input parameters
| Prop | Type | Default | Description |
|---|---|---|---|
minutes* | number | 60 | The lookback period in minutes |
levels | string | 0.236,0.382,0.5,0.618,0.786 | Comma-separated Fibonacci levels (e.g., "0.236,0.382,0.5,0.618") |
SQL example
TICK fibonacciRetracement WITH minutes=60 > 100 THEN order SET size=100, price=51.00, transmit=truesuperTrend
SuperTrend is a trend-following indicator that combines ATR with price action to identify the current trend direction and potential reversal points. A positive value indicates an uptrend, while a negative value indicates a downtrend.
fibonacciExtension
Fibonacci Extension is a technical analysis tool that uses Fibonacci ratios to predict potential price targets beyond the initial price swing.