Does anyone have Fibonacci retracement example

1+, I'm also looking for that..

Hey Puvana and Saravana,

I wrote an algorithm which finds the Fibonacci retracement levels for symbols over a look-back period of 50 hours. It calculates the levels by partitioning the range between the max and min. You can take these price levels to create a strategy, possibly some sort of breakout or reversion strategy.

Rahul do you have that in Python?

Hey Candace,

Here is the Fibonacci retracement example in python.

Hi Raul wonderful code it's very well written!!!

I was wondering is that possible to modify that code for a famous CFD, the Nasdaq (NAS100/USD), but also on the 5 second time frame.

Thank you very much 

Hi Soroosh B,
To use CFD data with the given algorithm we need to use:

self.AddCfd("NAS100USD", Resolution.Hour).Symbol

Refer to the following dataset page for more information. We can change the time frame by changing the resolution of the data to seconds:
 

nas = self.AddCfd("NAS100USD", Resolution.Second).Symbol

And creating a 5-minute consolidator
Best,
Varad Kabade

Thanks a lot Varad

Really appreciated 

Heyy Varad

A little question on how can I make the Fib identify the Low and the High of the previous candle.

So a little example to clarify, let's say a 5min candle opens bullish, and when it closes it has a Open of 10, Low of 5, High of 25 and a Close of 20.    

How can the Fib be traced only at the Low and at the High, so it measure only from the bottom wick to the top one?

Thank you very much super appreciated!!!

Hi Soroosh B

We'll have to use a consolidator to update the manual-updating version of the indicators:

five_min_consolidator = TradeBarConsolidator(minutes=5)
ten_min_consolidator = TradeBarConsolidator(minutes=10)
five_min_consolidator.DataConsolidated += self.UpdateMaxIndicators 
ten_min_consolidator.DataConsolidated += self.UpdateMinIndicators 

self.max = Maximum(50)
self.min = Minimum(50)

def UpdateMaxIndicators(self, sender, bar):
    self.max.Update(bar.EndTime, bar.High)

def UpdateMinIndicators(self, sender, bar):
    self.min.Update(bar.EndTime, bar.Low)

Refer to this doc for more details.

Best
Louis