PROTECTED SOURCE SCRIPT
Updated

Fibo Price Zone

2 823
This indicator is used to automatically plot the Fibonacci Prize Zone.

The default settings of this indicator:

Number of candles = 30
Direction = from Low to High

The number of candles is the number of the previous candles, and the direction is the retracement from either high-to-low or low-to-high of the Fibonacci Price Zone.

The indicator will plot several bars, in which there are three bold bars that represent "weak", "normal" and "strong" price zone.
Release Notes
Add support for Dark Theme user by using white color for lines.

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.