OPEN-SOURCE SCRIPT

Fibonacci Auto Mode

Updated

This script is an attempt to display Fibonacci Levels in Auto Mode.

It allows for:

Select Higher Time Frame (HTF)
Indicate How Many Bars from HTF to Use to Find Highs/Lows
Manual Mode: Overrides HTF selections
Number of Bars Back to use in Manual Mode
Show/Hide each one of the Levels
Highlight RLZ

Release Notes

Updated default values.

You can adjust the Time Frame and how far to search for Pivot Highs and Lows.

The code was simplified to load faster.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

gliderfund

I develop indicators meant to be useful, profitable and good looking.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.