OPEN-SOURCE SCRIPT
Updated Auto Fibonacci - First Hour Locked

this gives the accurate fibonnacci based on the day's first hour high/low values, and the extension values as well.
Release Notes
its based on day's first hour's high and low values with extension values.Release Notes
its based on the high and low of day's first hour. it works well for the index and stocks. currently designed based on the Indian timings. users can check on the time based on their location , Release Notes
this will plot the fib levels based on the first hour's high / low values. it will also plt the extension levelsOpen-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.