OPEN-SOURCE SCRIPT

Fibonacci Rainbow

This indicator is inspired by Bill William's Alligator .

Taken 7 Fibonacci numbers, painted in the colors of the rainbow and highlighted when the rainbow fan is up or down.
Alligator IndicatorExponential Moving Average (EMA)

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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