NIBIRU DAILY FIBONACCI
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:
Script is free to use.
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.