Automatic Fibonacci Retracement Level indicator for any time frame, any asset.
Simple to use, just add to your chart and set the size of retracements you want to see.
Fib levels keep drawing in real time until the next low or high is found to start drawing the next fib.
• Fib size
• Show prices
• Draw low-to-high or high-to-low
Plot instantly Support/Resistance and Fibonacci levels!
How to use?
Simply add the indicator to any chart from the invite only tab. This indicator instantly display Support/Resistance and Fibonacci levels. Works on any TradingView market : Forex, Stocks, Cryptocurrency, CFD, Futures, Indexes. You can use it on any...
This indicator calculates the fibonacci levels by looking back long term, 365 days low and all time high. In fact, it also calculate fibonacci levels by looking back short term, 120 days low and all time high. But, it does stay there and combines those two and shows it in one simple indicator. As a result, for the first time, we can let the script do...
This is a slight modification,
The setting as it is marks the high and the low for the day, but can be adjusted to be a fib extension if you like.
You can just copy this script replacing the old one to add in the extra two lines.