Fibonacci level crossing for swing and day trade


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Hi Pete,

Is it possible to scan for stocks either crossing above or below a Fib level using a customize input for days and minutes (ie 15, 30, hour)? I’m looking to swing and day trade. Can it be dynamic where the levels auto move if there’s a new high/low? If possible, I’d like 1.000 for the high and 0.0 for the low.

Thank you again

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Posted by (Questions: 8, Answers: 18)
Asked on April 4, 2020 11:30 am
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There are already examples in the forum for "automated Fibonacci levels". So I assume that you have already searched this forum and discovered those solutions. We also have a video tutorial that includes Fibonacci levels constructed from the overnight range:

https://www.hahn-tech.com/thinkorswim-overnight-range-scan-alert/

So I will give you the low tech option that many have overlooked. You can manually draw the Fibonacci on your chart, then right-click over the specific level you want and select "Create alert with drawing..." from the pop-up menu. Screenshots below shows how to do this.

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Answered on April 4, 2020 3:43 pm