"Dynamic 3d Fibonacci Retracement - TradingArt3d
The Dynamic 3d Fibonacci Retracement is an advanced indicator based on the classic Fibonacci concept, but adapted to the dynamic movements of the market. Unlike traditional retracements that remain fixed, this indicator adjusts the Fibonacci levels based on the most relevant moving averages for each moment of the market, providing more precise support and resistance levels.
Main Features:
• Fibonacci Moving Averages: Selection of Fibonacci moving averages from 1 to 4181.
• Dynamic Recursion: Adjustment of the moving averages through a dynamic algorithm to identify the most representative levels of support and resistance in the chart.
• Complete Customization: Modify the colors, thickness and resolution of the moving average lines according to your preferences.
• Mammoth Wave Viewer: Intuitive visualization based on the RSI to facilitate decision making in the analysis.
• Display Optimization: Settings to improve the display, including the ability to disable or enable recursive moving average odds and evens.
How It Works
Dynamic Fibonacci Retracement 3d is designed to dynamically adapt to market conditions by selecting moving averages based on the Fibonacci sequence. Available options are:
1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597, 2584 and 4181.
Once a Fibonacci Moving Average (FMA) is selected, the indicator applies a Simple Moving Average (SMA) to the close price. The results are processed through the 32a Recursive Algorithm, generating 32 unique crosses. These crosses are drawn individually on the chart and are fully customizable (colors, resolution, width).
Additionally, the Summing Corrector allows you to sequentially adjust (1, 2, 3, 4, 5...) the selected moving average. This adjustment is especially useful once the projection reaches candle 0 (current candle). If the 32 generated crosses seem confusing or unclear, the Summing Corrector helps clean up the chart and fine-tune the support or resistance levels, aligning the projection precisely with current market conditions.
Usage Tips:
• Use multiple instances of the indicator to overlay different moving average configurations, obtaining a more accurate representation of Fibonacci levels.
• Experiment with different color combinations and resolutions to customize the display to your analysis needs.
• If the projections do not reach candle 0 or seem confusing, use the Summing Corrector to sequentially adjust the selected moving average and improve the accuracy of the projection.
Archive Analysis:
To preserve your technical analysis and have a record of your settings, I recommend following these steps to archive it in TradingView:
1. Adjust the chart and indicator to your liking.
2. Set the browser zoom to 25% for the best possible resolution and to maximize your CPU usage.
3. Click the “capture image” icon at the top of the screen, or use the key combination Alt + Ctrl + S (on PC) or Option + Command + S (on Mac).
4. Save the image of the analysis to your TradingArt Library so you can refer to it later or share it with others.
This functionality will allow you to have a visual record of your analysis and more efficiently track your strategies over time.
The indicator combines exclusivity, flexibility and precision, offering tools that are not available for free. These features justify its protection, as it ensures that authorized users have access to advanced analysis that optimizes their trading decisions.
Support and Questions:
If you have any questions regarding the use of the indicator, please feel free to leave a comment in the Comments section of this post or contact me via my TradingView profile. I will be happy to help you resolve any queries and provide you with more details on how it works."