Golden Ratio Multiplier

The moving averages 350 and 111 by themselves do a great job of identifying market tops/bottoms. The fraction 350/111 is very close to Pi as well (3.15) so that's is suspicious in its own right.

Nonetheless, fibonacci retracements/multiplies of the 350 SMA does a remarkable job of finding reversal points. I commented out a couple of multiplies for simplicity's sake (the lines became rather crowded). However, the script is open source so you all can copy it into Pine Editor and delete the "//" and add it back to the script.

Cheers.

發行說明

Beta version. Updates to come

Riester

開源腳本

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. 您可以收藏它以在圖表上使用。