Periodic Auto Fibonacci indicator automatically draws Fibonacci retracement ratios on the chart for the selected period. For example, if you select the weekly period, indicator will plot past and live retracement ratios on the chart. You can even shift periods. For example, if you shift by 1, last weeks retracement ratios will be plotted for the live session.
You can use this indicator with any supported time frames.
Periodic Auto Fibonacci helps you to identify fibonacci confluences as well.
Important: As current session of the selected period continues, most recent session will be repainted as low and high of the selected period changes. (For the live market)
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