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已更新 Fib Dragons
Creates bands based on Fibonacci golden ratio numbers and EMA w/ATR
This allows for a faster reaction and significantly less lag than SMA w/ATR
EMA is set to 34 - Recommend range by taste 21, 34, 55, 62
ART is set to 13 - Recommend 13 or 21
Fib Bands are set to 1.618, 2.618, 3.618 however you can set to what works for you. I recommend keeping them at the golden ratios.
Based on indicator by rstraat
How to trade - Same rules apply
- Best to use in ranging market conditions
- Place on two different time frames such as the 15 min. and 60 min for intraday trading
- Take trades off either short or long term chart.
- Best trades occur when both charts show same trigger/condition.
- Trades are short term reversals in direction of major trend on longer term chart unless you expect a trend reversal.
- Determine which band is the limiting band for the volatility of the instrument.
- When the market closes outside of the limiting band then returns inside, take a long/short one tick above/below the high/low of the previous bar.
- Place stop below/above the low/high of the the recent swing low/high.
- Set targets at opposite band of chart
Use any oscillator you favor or see fit with this indicator or any other strategies that work for you.
This allows for a faster reaction and significantly less lag than SMA w/ATR
EMA is set to 34 - Recommend range by taste 21, 34, 55, 62
ART is set to 13 - Recommend 13 or 21
Fib Bands are set to 1.618, 2.618, 3.618 however you can set to what works for you. I recommend keeping them at the golden ratios.
Based on indicator by rstraat
How to trade - Same rules apply
- Best to use in ranging market conditions
- Place on two different time frames such as the 15 min. and 60 min for intraday trading
- Take trades off either short or long term chart.
- Best trades occur when both charts show same trigger/condition.
- Trades are short term reversals in direction of major trend on longer term chart unless you expect a trend reversal.
- Determine which band is the limiting band for the volatility of the instrument.
- When the market closes outside of the limiting band then returns inside, take a long/short one tick above/below the high/low of the previous bar.
- Place stop below/above the low/high of the the recent swing low/high.
- Set targets at opposite band of chart
Use any oscillator you favor or see fit with this indicator or any other strategies that work for you.
發行說明
Creates bands based on Fibonacci golden ratio numbers and EMA w/ATRThis allows for a faster reaction and significantly less lag than SMA w/ATR
EMA is set to 34 - Recommend range by taste 21, 34, 55, 62
ART is set to 13 - Recommend 13 or 21
Fib Bands are set to 1.618, 2.618, 3.618 however you can set to what works for you. I recommend keeping them at the golden ratios.
Based on indicator by rstraat
How to trade - Same rules apply
- Best to use in ranging market conditions
- Place on two different time frames such as the 15 min. and 60 min for intraday trading
- Take trades off either short or long term chart.
- Best trades occur when both charts show same trigger/condition.
- Trades are short term reversals in direction of major trend on longer term chart unless you expect a trend reversal.
- Determine which band is the limiting band for the volatility of the instrument.
- When the market closes outside of the limiting band then returns inside, take a long/short one tick above/below the high/low of the previous bar.
- Place stop below/above the low/high of the the recent swing low/high.
- Set targets at opposite band of chart
Use any oscillator you favor or see fit with this indicator or any other strategies that work for you.
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。