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OPEN-SOURCE SCRIPT

Fib Retracement

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I've re-created the fib retracement tool as an indicator and this is as close as I can currently get to matching the built-in fib retracement tool.

Why did I make this? For custom labels for every fib retracement level.

Caveats to this vs the built-in tool are:
  • the "Save as Default" doesn't appear to work (I believe this is due to the interactive/confirm based settings)
  • copy and paste to another chart is locked into the price of source location
  • when dragging the points of retracement the tool/indicator disappears


Hopefully some can find usefulness in this code or it's functionality.

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

TradeSeekers
@tradeseekers (YouTube, Twitter)
Also on:
fibfibonnacciPine utilitiesretracement

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.
fibfibonnacciPine utilitiesretracement

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

TradeSeekers
@tradeseekers (YouTube, Twitter)
Also on:

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.