[MAD] Fibonacci retracement

djmad Updated   
This is just a Fibonacci Retracement tool with some interactive information based on the actual closing price

How to use:
add the script,
input left bottom with the 1st click,
input top with the 2nd click

Informations you can see than:

Fiblevel (Price) %till_this_point = pricedifference

Bottom of the fib
Range Up in % + Price-Range
Range Down in %

you can shift the comma with the decimal functions for trading shitcoins as example

if looking into the past, level/price will follow, liveinfo using the close is than hidden

what will follow:
autogrow when range will be wicked
maybe alerts on levels... have to think about how to capture correctly
Release Notes:
cleanup pass
Release Notes:
Automatically expanding by highs and lows added.. didnt like to hazzle around all the time ;-)
Release Notes:
Added the reverse direction for the Fib-Levels
Release Notes:
Log-Chart adjustment

Trader & coder. TA & NFTs. more at
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.


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.

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