OPEN-SOURCE SCRIPT

Fibonacci levels MTF

Updated
Hello All,

I got some requests for a script that shows Fibonacci Levels of Higher Time Frame Candles. so I made/published this script. I hope it would be useful for you.

Options:
You can set Higher Time Frame, by default it's 1 Day.
Optionally it can use Current or Last Candle of higher time frame to calculate/show its Fibonacci Levels.
It can show higher time frame candles at the background optionally. You can change its colors.
You can enable/disable/change each Fibonacci levels and their colors.
You can enable/disable Fibonacci Labels that is shown at the right ride and see only Fibonacci lines/levels

example, Fibonacci levels with higher time frame candles:
snapshot

P.S. if you have ideas to improve this script, drop a comment under the script please


Enjoy!
Release Notes
- Lew 2 levels added (User request)
- Levels can be minus values (User request)
Candlestick AnalysisDaily PivotsFibonacci RetracementhighertimeframeslonesometheblueMarubozutrendreversaltrendtradingVolatilityWeekly PivotsWilliams Fractal

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.

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