OPEN-SOURCE SCRIPT
Updated Automatic Fibonacci Retracement [TradersPost]
The Automatic Fibonacci Retracement indicator revolutionizes the way traders use Fibonacci tools on the TradingView platform. It automatically adjusts the Fibonacci levels in response to new highs and lows, opening up different avenues for strategy development.
KEY FEATURES
Dynamic Adjustment: This feature automatically recalibrates the Fibonacci retracement levels whenever the market forms new highs or lows.
Customizable Range: Users have the flexibility to set the start date from which the tool begins tracking the high and low range, allowing for personalized and strategy-specific application.
Enhanced Alert System: The indicator includes alerts that notify users when price crosses any of the Fibonacci levels, assisting in timely and informed trading decisions.
ABOUT TRADERSPOST
This indicator is created by TradersPost, a company dedicated to providing tools for automating trading strategies. Our goal here is to provide indicators that assist users in developing and deploying their strategies. For more information and to explore how our automated trade execution, visit traderspost.io.
KEY FEATURES
Dynamic Adjustment: This feature automatically recalibrates the Fibonacci retracement levels whenever the market forms new highs or lows.
Customizable Range: Users have the flexibility to set the start date from which the tool begins tracking the high and low range, allowing for personalized and strategy-specific application.
Enhanced Alert System: The indicator includes alerts that notify users when price crosses any of the Fibonacci levels, assisting in timely and informed trading decisions.
ABOUT TRADERSPOST
This indicator is created by TradersPost, a company dedicated to providing tools for automating trading strategies. Our goal here is to provide indicators that assist users in developing and deploying their strategies. For more information and to explore how our automated trade execution, visit traderspost.io.
Release Notes
- Fixed level sorting issueOpen-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.