PROTECTED SOURCE SCRIPT
Auto Time Based Fibonacci Support & Resistance
This indicator automatically plots Fibonacci-based support and resistance levels using a user-defined time period (in hours) and a selectable Fibonacci retracement ratio.
It helps traders identify high-probability reaction zones, improving entry, exit, stop-loss, and take-profit decisions across Forex, Crypto, Stocks, and Indices.
🔧 How It Works
1. Select a time-based period (hours) to define the Fibonacci range.
2. Choose your preferred Fibonacci retracement level from the dropdown.
3. The indicator automatically calculates and plots Support & Resistance lines based on market structure.
⚠️ Disclaimer
This indicator is a technical analysis tool, not financial advice. Always confirm signals with price action, volume, and trend structure before trading.
It helps traders identify high-probability reaction zones, improving entry, exit, stop-loss, and take-profit decisions across Forex, Crypto, Stocks, and Indices.
🔧 How It Works
1. Select a time-based period (hours) to define the Fibonacci range.
2. Choose your preferred Fibonacci retracement level from the dropdown.
3. The indicator automatically calculates and plots Support & Resistance lines based on market structure.
⚠️ Disclaimer
This indicator is a technical analysis tool, not financial advice. Always confirm signals with price action, volume, and trend structure before trading.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
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.