Friday, May 20, 2022

DiNapoli and Fibonacci Objectives

Description:

Basic code for fast and handy Fibonacci and DiNapoli objectives (OP, COP, XOP) plotting on chart.

Every Blue line is indicating averaged Fibonacci levels calculated from: .328, .500, .618 for corresponding fractals specified by user (lighter colour is meaning nearest fractals (H/H, L/L).

Fibonacci nodes averaged to eliminate to many lines plotted on chart.

Red, Violet, Pink, Brown lines are indicating DiNapoli targets (lighter lines for COP’s, darker for XOP’s).

  • extern int FracsFromBar = 6; // this is number of bar from which indicator calculates back fractals specified below´╝î”0″ means current bar.
  • extern int FibFractals01 = 12; // first and nearest to bar specified before range for fractals (H/H,L/L for spec. nr of bars)
  • extern int FibFractals02 = 22; // second range for fractals (H/H,L/L for spec. nr of bars)
  • extern int FibFractals03 = 32; // third range
  • extern int FibFractals04 = 45; // fourth, wider range
  • extern bool CommentsOn = false; // short description on chart, leave it “false” if to chart is attached another indicator with comments.

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