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DolphinTradeBot Fibonacci

By DolphinTradeBot
The "DolphinTradeBot Fibonacci" indicator is a Pine Script-based tool for TradingView that dynamically identifies key Fibonacci retracement levels using ZigZag price movements. It calculates Fibonacci levels based on directional price changes, marking critical retracement zones such as 0, 0.236, 0.382, 0.5, 0.618, 0.786, and 1.0 on the chart. These levels are visualized using lines and labels, providing traders with precise areas of potential price reversals or trend continuation.
Bands and ChannelsFibonacci RetracementFractal

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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.