PROTECTED SOURCE SCRIPT

NIBIRU DAILY FIBONACCI

Updated
NIBIRU DAILY FIBONACCI plots Fibonacci retracements and extensions for the selected period high-low range.

It is especially useful for range traders but also during trending price when looking for potential pullbacks level to enter a position and manage risk.

Default value is set to Daily time frame as i found it mostly useful for day trades. You can use it with many strategies using fib extensions especially looking for 382-618 levels as potential price action targets.

SETTINGS:
  • FIBONACCI LINES - turns on/off fibonacci retracement lines
  • FIBONACCI EXTENSION LINES - turns on/off fibonacci extension lines
  • FIBONACCI EXTENSION LINES RATIO - sets up the fibonacci extension value
  • RANGE TF - selects the reference timeframe


Script is free to use.
Release Notes
New features:
  • 0.5 LINE - enables/disables half of the hl range plot
Release Notes
minor tweaks
Release Notes
Added "golden pocket" - 0.618-0.66 marked in green.
Fibonacci ExtensionFibonacci RetracementTrend Analysis

Protected script

This script is published closed-source and you may privately use it freely.

Want to use this script on a chart?


Also on:

Disclaimer