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Date/Time: Wed, 27 Nov 2024 12:34:48 +0000



[User Discussion] - Fibonacci Retracement and Expansion Tool

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[2021-03-29 03:24:47]
User606770 - Posts: 7
Hello,

Is it possible to combine the fibonacci retracement and expansion tool into one? IE have the retracement values an the expansion values be drawn at the same time?

Thank you,
Ed Davey
[2021-03-29 03:53:55]
Sierra Chart Engineering - Posts: 104368
These are separate drawing tools. They are documented here:
Chart Drawing Tools: Price Retracement (2 point) | Price Expansion (2 point) | Price Projection (3 point) Tools
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
[2023-07-12 14:17:14]
User925138 - Posts: 22
Is it possible to add (the Fibonacci Retracement tool) to Sierra charts?
[2023-07-12 15:40:09]
John - SC Support - Posts: 36309
The Retracement Tool can be used as a Fibonacci Retracement Tool. You just need to set the Levels as you want them. Refer to the following:
Chart Drawing Tools: Price Retracement | Price Expansion | Price Projection Configuration
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2023-08-11 17:16:30]
User925138 - Posts: 22
Is there an indicator similar to this or can you create one?

Thanks,
-Kevin




Dead Simple Reversal Indicator for ThinkorSwim



# Dead Simple Reversal Points
# Assembled by BenTen at useThinkScript.com
# Converted from https://www.tradingview.com/script/QJ5VgF0D-Simple-Reversal-Point/

# Define Conditions
def c1 = close[1] < open[1] and close > open;
def c2 = close > open[1];
def c3 = lowest(low, 3) < lowest(low, 50)[1] or lowest(low,3) < lowest(low,50)[2] or lowest(low,3) < lowest(low,50)[3];
def buy = c1 and c2 and c3;
def c4 = close[1] > open[1] and close<open;
def c5 = close<open[1];
def c6 = highest(high, 3) > highest(high, 50)[1] or highest(high,3) > highest(high,50)[2] or highest(high,3) > highest(high,50)[3];
def sell = c4 and c5 and c6;

# Plot Signals
plot bullish = buy;
bullish.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
bullish.SetDefaultColor(Color.CYAN);
bullish.SetLineWeight(1);
plot bearish = sell;
bearish.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
bearish.SetDefaultColor(Color.CYAN);
bearish.SetLineWeight(1);

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