OPEN-SOURCE SCRIPT
Updated Out Of The Box
this study is designed to help user to identify level of current price movement, the theory behind this study is fibonnaci levels without further price projection. the indicator default setting is 60 days (length) with 5 days of forwarded displacement, which convert into a quarter year approximately and 1 week of forwarded offset.
Release Notes
Modified some code in this study to enable price levels to be projected...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.
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.
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.
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.