OPEN-SOURCE SCRIPT
Auto Fibonacci Retracement- MSD
This Auto Fibonacci Retracement script automatically detects the most recent swing high and swing low and plots Fibonacci levels for better trading decisions. It helps traders identify support and resistance levels based on Fibonacci ratios.
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 publications is governed by House rules. You can favorite it to use it on a chart.
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Disclaimer
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