OPEN-SOURCE SCRIPT
Updated MavilimW

This Indicator plots smoothed weighted moving average combinations of various Fibonacci numbers
a great support and resistance for long term trading and confirmation
a great support and resistance for long term trading and confirmation
Release Notes
fiyatla indikatörü ayarlama sorunu giderilmeye çalışıldıRelease Notes
ölçek komutu denemesi Release Notes
Updates:1- MavilimW has 2 colors now. Blue signals for uptrend, Red for downtrend.
2- You can cghange the sensitivity of the indicator by changing the first two parameters
3- In the settings you can also add the original version by checking the "Show previous version" button
4- The indicator calculates Fibonacci series automatically when you change the two parameters
HINT: first parameter must be equal or less then second
some examples: 0,1 or 1,1 or 1,2 or 2,3 or even 5,5 and so on...
by increasing the parameters the indicator becomes less sensitive for buy and sell signals but will have high potential of becoming support or resistance line
by decreasing the parameters you can have more sensitive buy an sell signals which changes the color of the indicator.
Here's the link to a complete list of all my indicators:
tr.tradingview.com/u/KIVANCfr3762/
Author/Yazar: KıvanÇ fr3762 twitter
YENİLİKLER:
1-İNDİKATÖRDEKİ DEĞİŞİMİN YÖNÜNÜ DAHA NET GÖREBİLMEK ADINA ARTIK 2 RENKLİ
2-HASSASİYETİ ARTIRILIP AZALTILABİLİR
3-TRADİNGVİEWDA ESKİ VERSİYON DA EKLENEBİLİR KUTUCUK İŞARETLENEREK
4-BELİRLEYECEĞİNİZ 2 PARAMETREYE GÖRE DEVAM EDEN FIBONACCI SERİSİNİ KENDİSİ OTOMATİK OLUŞTURUR.
Şimdiye kadar paylaştığım indikatörlerin tam listesi için: tr.tradingview.com/u/KIVANCfr3762/
YOUTUBE kanalım: Türkçe İndikatör Anlatımları: youtube.com/c/KIVANCfr3762
Release Notes
color change alarm conditions addedOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Telegram t.me/AlgoRhytm
YouTube (Turkish): youtube.com/c/kivancozbilgic
YouTube (English): youtube.com/c/AlgoWorld
YouTube (Turkish): youtube.com/c/kivancozbilgic
YouTube (English): youtube.com/c/AlgoWorld
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Telegram t.me/AlgoRhytm
YouTube (Turkish): youtube.com/c/kivancozbilgic
YouTube (English): youtube.com/c/AlgoWorld
YouTube (Turkish): youtube.com/c/kivancozbilgic
YouTube (English): youtube.com/c/AlgoWorld
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.