Creating of TradingView Indicators in PineScript

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Here's a clearer step-by-step guide to checking the last 50 candles on your chart and applying Fibonacci retracement levels based on their colors: Identify Candle Color: Start from the 100th candle from the left on the chart and check its color. If the 100th candle is green (i.e., the close is higher than the open): Draw a Fibonacci Retracement: From the highest price to the lowest price of this candle. Check the Next Candle: If the open and close prices of the next candle are within the range of 0.4 to 1.0 ( I will change it later when I have the script ) of the Fibonacci levels drawn, then draw additional Fibonacci levels at 1.0, 0.618, and 1.618. If the 50th candle is red (i.e., the close is lower than the open): Draw a Fibonacci Retracement: From the lowest price to the highest price of this candle. Check the Next Candle: If it meets the conditions (e.g., similar ranges or specific levels), then draw the Fibonacci levels according to those conditions. Handling Multiple Conditions: Ensure that Fibonacci levels from different conditions do not overlap and create confusion on the chart. Keep each set of Fibonacci lines distinct and avoid mixing them to maintain clarity. In summary: Start with the 100th candle, draw Fibonacci retracements based on its color, check the subsequent candle's prices, and draw additional levels if necessary, while keeping the chart clean and readable. two more things, the second candle ( if the first candle is green ) should exceed the first candle’s high ( if not, ignore this trade ) If red, the second candle low should be lower that the first candle. In addition: the first candle’s body should be more that 75% of the candle Alert: I should have a list or alets to notify me if the conditions are met. It should work in all time frames.
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30+ USD
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от 1 до 2 дн.

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