Updated and fixed version of DFC.
- fixed bugs
- added permanent setting for direction
- added color change for terminal and breakout bars
- added smart timings for line of 100% retracement
- fixed bugs
- added permanent setting for direction
- added color change for terminal and breakout bars
- added smart timings for line of 100% retracement
// Created by PolarSolar 09 May 2016 // Updated: 09 May 2016 study(title="Donchian Fibo Channels v2", shorttitle="DFC2", overlay=true) length = input(21, minval=8) prz = input(0.618, title="PRZ level",minval=0.236, maxval=0.886, step=0.001) dir = input(true, title="Uptrend?") lo = lowest(round(dir?length*(1/prz):length)) hi = highest(round(dir?length:length*(1/prz))) range = abs(hi-lo) // calculate levels r236 = dir>0?hi-(range*0.236):lo+(range*0.236) r382 = dir>0?hi-(range*0.382):lo+(range*0.382) r500 = avg(hi,lo)// basis r618 = dir>0?hi-(range*0.618):lo+(range*0.618) r707 = dir>0?hi-(range*0.707):lo+(range*0.707) r786 = dir>0?hi-(range*0.786):lo+(range*0.786) r886 = dir>0?hi-(range*0.886):lo+(range*0.886) przl = dir>0?hi-(range*prz):lo+(range*prz) plot(lo, color=gray, title="MIN", linewidth=2) plot(hi, color=gray, title="MAX", linewidth=2) plot(przl, color=#EEE8AA, title="PRZ", linewidth=2, trackprice=true) // special plot(r236, color=#BA55D3, title=".236") // violet plot(r382, color=#4169E1, title=".382") // blue plot(r500, color=#00BFFF, title=".500") // light blue plot(r618, color=#32CD32, title=".618") // green plot(r707, color=#FFD700, title=".707") // yellow plot(r786, color=#FF8C00, title=".786") // orange plot(r886, color=red, title=".886") // red // rebound barcolor(dir==true and low[1]<przl[1] and close[1]>przl[1] and close[2]>przl[2] and close[3]>przl[3]?#7FFF00:na,offset=-1) // go up from PRZ barcolor(dir==false and high[1]>przl[1] and close[1]<przl[1] and close[2]<przl[2] and close[3]<przl[3]?#FF1493:na,offset=-1) // go dn from PRZ // break barcolor(dir>0 and close[1]<przl[1]?#DC143C:na,offset=-1) // PRZ breaked down barcolor(dir==0 and close[1]>przl[1]?#32CD32:na,offset=-1) // PRZ breaked up