Automatic Fibonacci Levels [WillyAlgoTrader]Automatic Fibonacci Levels is an overlay indicator that detects the dominant swing high and swing low within the visible chart area, draws a full Fibonacci retracement and extension grid between them, highlights the Optimal Trade Entry (OTE) zone at 61.8%–78.6%, marks a target zone at the −50% to −61.8% extension, and labels four take-profit levels — all updating automatically as you scroll or zoom the chart.
Most Fibonacci tools on TradingView are either manual (you draw them yourself and the
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