100kiwi

FibLines2

This script is a new version of "FibLines" which automatically draws Fibonacci Lines on chart.
0% line and 100% line are determined by "Period" and "Delay" parameter.

β—†Params
- Period: specifies periods to detect the highest ( bearish ) fractal and the lowest ( bullish ) fractal .
- Delay: specifies the number of new bars you ignore.

(πŸ‘‡ old version)
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?