TradingView
syntaxgeek
Feb 7, 2023 11:47 PM

Fib Retracement 

E-mini Nasdaq-100 FuturesCME

Description

I've re-created the fib retracement tool as an indicator and this is as close as I can currently get to matching the built-in fib retracement tool.

Why did I make this? For custom labels for every fib retracement level.

Caveats to this vs the built-in tool are:
  • the "Save as Default" doesn't appear to work (I believe this is due to the interactive/confirm based settings)
  • copy and paste to another chart is locked into the price of source location
  • when dragging the points of retracement the tool/indicator disappears


Hopefully some can find usefulness in this code or it's functionality.
Comments
idglabs
when activated the script the following message show . Set the "price1" time and price for "Fib Retracement"
syntaxgeek
@idglabs, yup that’s what is supposed to happen, now you select first candle and price where fib should start, etc.
More