OPEN-SOURCE SCRIPT
Updated Fibonacci Daily Limits (Expected Ranges)
This indicator takes the price range from the previous day and plots 127% and 161% extension to the current trading day.This limit is often respected.
**Hopefully someone can improve this by making a version to only plot the current day ....Neat/Clean Charts :)
**Hopefully someone can improve this by making a version to only plot the current day ....Neat/Clean Charts :)
Release Notes
Based off the hour timeframe this indicator takes the price range from the previous day and plots 127% and 161% extension to the current trading day.This limit is often respected.**Hopefully someone can improve this by making a version to only plot the current day ....Neat/Clean Charts :)
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.