RedK_Fibonacci on Doncian

// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © RedKTrader
// ------------------------------------------------------------------------------------------------
// Original author:  RedKTrader
// Original title:   RedK_Fibonacci on Doncian (RedK_FibDC_v1)
// Licence:          MPL-2.0 (the header above is the original notice, kept verbatim)
// Pine version:     4
// Fetched:          2026-10-12
// Ported to FloScript by FloSignals; modifications under MPL-2.0.
// Converter:        @flosignals/floscript 0.1.0, strict mode, score 100/100
// ------------------------------------------------------------------------------------------------
//@floscript=1
//@version=5
// Converted by the FloScript converter from a Pine-compatible v4 source.

indicator(title="RedK_Fibonacci on Doncian", shorttitle="Redk_FibDC_v1", overlay=true, timeframe="")

//Input section
dclength = input.int(title="Length", defval=10, minval=1, inline="DC", group="DC Channel")
dcmidline = input.bool(title="Center Line", defval=true, inline="DCmidline", group="DC Channel")
dcmidclr = input.color(title="......... Color", defval=#00bcd4, inline="DCmidline", group="DC Channel")

dcoutline = input.bool(title="Outline", defval=true, inline="DCoutline", group="DC Channel")
dcoutclr = input.color(title=".............. Color", defval=#1163f6, inline="DCoutline", group="DC Channel")

uselvl_1 = input.bool(title="Level #1", defval=true, inline="Level #1", group="Fibonacci Levels")
fiblvl_1 = input.float(title="", defval=0.368, inline="Level #1", group="Fibonacci Levels")
fibclr_1 = input.color(title="Color", defval=#ffee33, inline="Level #1", group="Fibonacci Levels")

uselvl_2 = input.bool(title="Level #2", defval=true, inline="Level #2", group="Fibonacci Levels")
fiblvl_2 = input.float(title="", defval=0.618, inline="Level #2", group="Fibonacci Levels")
fibclr_2 = input.color(title="Color", defval=#ff9800, inline="Level #2", group="Fibonacci Levels")

uselvl_3 = input.bool(title="Level #3", defval=true, inline="Level #3", group="Fibonacci Levels")
fiblvl_3 = input.float(title="", defval=1.272, inline="Level #3", group="Fibonacci Levels")
fibclr_3 = input.color(title="Color", defval=#f44433, inline="Level #3", group="Fibonacci Levels")

//=======================================================================================

//Calcualte DC channel, the mid line, and the fib base unit = half the DC channel, used as base reference

dchigh = ta.highest(dclength)
dclow = ta.lowest(dclength)
dcwidth = dchigh - dclow
fibunit = dcwidth / 2
dcmid = (dchigh + dclow) / 2

// === plots
plot(dcmidline ? dcmid : na, title="DC MidLine", color=dcmidclr, linewidth=2)
plot(dcoutline ? dchigh : na, title="DC Top", color=dcoutclr, linewidth=2)
plot(dcoutline ? dclow : na, title="DC Bottom", color=dcoutclr, linewidth=2)

// === calculate & plot selected Fib level "pairs"
fib1_hi = uselvl_1 ? dcmid + fiblvl_1 * fibunit : na
fib1_lo = uselvl_1 ? dcmid - fiblvl_1 * fibunit : na
plot(fib1_hi, title="Fib Level 1 Upper", color=color.new(fibclr_1, 50))
plot(fib1_lo, title="Fib Level 1 Lower", color=color.new(fibclr_1, 50))

fib2_hi = uselvl_2 ? dcmid + fiblvl_2 * fibunit : na
fib2_lo = uselvl_2 ? dcmid - fiblvl_2 * fibunit : na
plot(fib2_hi, title="Fib Level 2 Upper", color=color.new(fibclr_2, 50))
plot(fib2_lo, title="Fib Level 2 Lower", color=color.new(fibclr_2, 50))

fib3_hi = uselvl_3 ? dcmid + fiblvl_3 * fibunit : na
fib3_lo = uselvl_3 ? dcmid - fiblvl_3 * fibunit : na
plot(fib3_hi, title="Fib Level 3 Upper", color=color.new(fibclr_3, 50))
plot(fib3_lo, title="Fib Level 3 Lower", color=color.new(fibclr_3, 50))

This file is under the Mozilla Public License 2.0; it is a port of the original by RedKTrader, with the original licence header kept and the changes made for FloScript noted in the file.

• v22026-10-14

  Library refresh 2026-10-14

• v12026-10-12

  Library refresh 2026-10-12