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Thread: FiboCluster - an indicator to recognize Fibonacci clusters

  1. #1
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    FiboCluster - an indicator to recognize Fibonacci clusters

    FiboCluster is an indicator, which is able to recognize fibonacci clusters on the charts based on the sketched objects Fibonacci expansion and retracement. Anyone who sets in graphs such levels probably met with disadvantages in due to large number of fibonacci levels.
    The script remove unnecessary levels, and leaves those that overlap with, or paint the horizontal line.

    Usage:

    1. First Draw Fibonacci retracement on the chart.
    2. Second Add the indicator to the chart.

    Before:
    FiboCluster - an indicator to recognize Fibonacci clusters-wykres.jpg
    After:
    FiboCluster - an indicator to recognize Fibonacci clusters-wykres2.jpg

    Parameters:

    Match_Precision - specifies the matching levels that will consist of cluster(in pips)
    Levels_Density - number of levels that will consist of a cluster
    Paint_Cluster_Line - draws a horizontal line at the cluster (levels that make up the cluster in the description line)
    Remove_All_Obj_Fibos - fibo removes all objects from the graph, useful for parameter above

    I know that the use of the script is not very convenient, but it may be useful to someone.

    If you would like to improve the indicator here is git repository : https://github.com/pason/fibocluster
    Attached Files Attached Files

  2. #2
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    Jan 2012
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    Usefull share, thanks

  3. #3
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    Dec 2011
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    kool indi was looking for it.
    does it work for fib time clusters as well?

  4. #4
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    Apr 2013
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    i cant see any thing on chart

  5. #5
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    Oct 2015
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    i try drawing but after i put indicator on it deletes all the lines?

  6. #6
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    Quote Originally Posted by jaki_koo View Post
    i try drawing but after i put indicator on it deletes all the lines?
    Same thing happens to me.
    I think the parameter description is unclear, can someone please clarify them?

  7. #7
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    Quote Originally Posted by jaki_koo View Post
    i try drawing but after i put indicator on it deletes all the lines?
    Same thing happens to me.
    I think the parameter description is unclear, can someone please clarify them?


    "Parameters:

    Match_Precision - specifies the matching levels that will consist of cluster(in pips)
    Levels_Density - number of levels that will consist of a cluster
    Paint_Cluster_Line - draws a horizontal line at the cluster (levels that make up the cluster in the description line)
    Remove_All_Obj_Fibos - fibo removes all objects from the graph, useful for parameter above"




    What does "specifies the matching levels that will consist of cluster(in pips)" actually mean

  8. #8
    Junior Member
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    Jun 2017
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    1
    thanks.i think it is helpful.

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