PROTECTED SOURCE SCRIPT

[Kronorium] - VWAP Fibonacci Channels/Extensions

Updated
Simple indicator that creates retracement levels at each major Fibonacci interval above and below VWAP.

VWAP is depicted as the thick yellow line in the middle of the channels.

When the trend is above VWAP (yellow), you can view this as bullish, vice versa, below yellow is bearish.

Each level after being above or below VWAP has a Fibonacci "rung", like on a ladder, you'll notice price jumping in and out of each of these levels.
Release Notes
Update fib levels
Bands and ChannelsFibonacci Retracement

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This script is published closed-source and you may privately use it freely.

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