Previous high to Close Previous low to Close fib levels
This script, Fib Bridge: H/L to First Close, is a specialized technical analysis tool designed to identify intraday support and resistance levels based on the relationship between previous period extremes and the opening price action.
Core Functionality
Anchor Periods: Automatically calculates levels based on the Previous Day or Previous Week high/low.
The "Fib Bridge": It constructs Fibonacci-style "bridges" between the previous period's high/low and the closing price of the first candle of the current session.
ORB Levels: Visualizes the Opening Range Breakout (ORB) High, Low, and Midpoint of the first candle for immediate bias.
Bull & Bear Zones: * Bull Bridge: Projects the 50% midpoint between the Previous Low and the first Close.
Bear Bridge: Projects the 50% midpoint between the Previous High and the first Close.
Dynamic Visuals: Includes real-time line extensions and customizable labels for price precision.
Core Functionality
Anchor Periods: Automatically calculates levels based on the Previous Day or Previous Week high/low.
The "Fib Bridge": It constructs Fibonacci-style "bridges" between the previous period's high/low and the closing price of the first candle of the current session.
ORB Levels: Visualizes the Opening Range Breakout (ORB) High, Low, and Midpoint of the first candle for immediate bias.
Bull & Bear Zones: * Bull Bridge: Projects the 50% midpoint between the Previous Low and the first Close.
Bear Bridge: Projects the 50% midpoint between the Previous High and the first Close.
Dynamic Visuals: Includes real-time line extensions and customizable labels for price precision.
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.