OPEN-SOURCE SCRIPT
Kıvanç HL by MaviliM0732
Kıvanç HL indicator is a useful tool to define RESISTANCE and SUPPORT levels by analyzing previous HIGH and LOW levels od fibonacci lengths.
There are 3 lines HIGH, LOW and their exact average MID line.
Each line could be a significant support and resistance level due to the price action.
Breakouts are very important when supported by volume and new highs are expected when upward breakouts take place.
Version 2 has 4 more levels of lines calculated with Fibonacci constants between the HIGH and LOW lines.
Version 2 can be activated by cheching the box in the settings of the indicator.
Special thanks from me to MaviliM for developing such a great indicator and giving my name
creator: @mavilim0732 on twitter
There are 3 lines HIGH, LOW and their exact average MID line.
Each line could be a significant support and resistance level due to the price action.
Breakouts are very important when supported by volume and new highs are expected when upward breakouts take place.
Version 2 has 4 more levels of lines calculated with Fibonacci constants between the HIGH and LOW lines.
Version 2 can be activated by cheching the box in the settings of the indicator.
Special thanks from me to MaviliM for developing such a great indicator and giving my name
creator: @mavilim0732 on twitter
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
Vuoi usare questo script sui tuoi grafici?
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
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