OPEN-SOURCE SCRIPT

Fibonacci Dynamic

1 144
Extended Fibonacci Levels (5000-Bar Lookback)

This script dynamically calculates Fibonacci support and resistance levels based on the highest high and lowest low of the last 5000 bars on your chart. It provides a clear visual framework for identifying key price zones and potential reversal areas.

🔹 Features:
Dynamic Fibonacci levels: Automatically adjusts to the last 5000 bars
Customizable line style and thickness: Solid, dotted, or dashed lines
Color-coded levels: Easily distinguish each Fibonacci level at a glance
Labels for clarity: 0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%
🔹 Benefits:
Quickly identify long-term support and resistance zones
Helps spot potential reversal points and trend continuation levels
Provides a clean, easy-to-read visual guide for swing trading or analysis

💡 Note: For informational purposes only; not financial advice. Always apply proper risk management.

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.