OPEN-SOURCE SCRIPT
Rolling Session Fibonacci Map v1.2
Rolling Session Fibonacci Map
Overview
This indicator provides a structured way to analyze price position using Fibonacci retracement levels anchored to a rolling time-based session.
Instead of manually drawing Fibonacci levels, the script automatically defines a session range (Daily, Weekly, Monthly, or Yearly) and continuously updates its high and low values as the session evolves.
The result is a consistent and repeatable reference framework for observing how price behaves within a defined range.
How It Works
A session is defined using a selected time period (Daily, Weekly, Monthly, or Yearly), a custom anchor time (hour and minute), and a chosen timezone.
During the active session, the highest and lowest prices are tracked dynamically.
Fibonacci levels are calculated between these two points and updated in real time as new highs or lows are formed.
The indicator plots standard Fibonacci levels from 0 to 1, optional background zones between these levels, and a diagonal reference line representing the full session range.
A reference panel displays the current Fibonacci zone, the price range of that zone, the nearest lower and upper reference levels, and the relative position of price compared to the diagonal line.
How to Use
This indicator is designed as a reference layer rather than a trading signal generator.
It can be used to identify where price is located within the current session range, observe how price reacts at different Fibonacci zones, and compare price positioning across multiple timeframes.
It is also suitable to be used alongside other tools such as trend or momentum indicators to provide additional context.
Important Notes
This script does not generate buy or sell signals.
Fibonacci levels are derived strictly from the selected session range and should be interpreted as contextual reference zones.
The diagonal line is a visual reference and does not represent a predictive model.
Disclaimer
This indicator is intended for analytical and educational purposes only.
It does not provide financial advice or trading recommendations.
Overview
This indicator provides a structured way to analyze price position using Fibonacci retracement levels anchored to a rolling time-based session.
Instead of manually drawing Fibonacci levels, the script automatically defines a session range (Daily, Weekly, Monthly, or Yearly) and continuously updates its high and low values as the session evolves.
The result is a consistent and repeatable reference framework for observing how price behaves within a defined range.
How It Works
A session is defined using a selected time period (Daily, Weekly, Monthly, or Yearly), a custom anchor time (hour and minute), and a chosen timezone.
During the active session, the highest and lowest prices are tracked dynamically.
Fibonacci levels are calculated between these two points and updated in real time as new highs or lows are formed.
The indicator plots standard Fibonacci levels from 0 to 1, optional background zones between these levels, and a diagonal reference line representing the full session range.
A reference panel displays the current Fibonacci zone, the price range of that zone, the nearest lower and upper reference levels, and the relative position of price compared to the diagonal line.
How to Use
This indicator is designed as a reference layer rather than a trading signal generator.
It can be used to identify where price is located within the current session range, observe how price reacts at different Fibonacci zones, and compare price positioning across multiple timeframes.
It is also suitable to be used alongside other tools such as trend or momentum indicators to provide additional context.
Important Notes
This script does not generate buy or sell signals.
Fibonacci levels are derived strictly from the selected session range and should be interpreted as contextual reference zones.
The diagonal line is a visual reference and does not represent a predictive model.
Disclaimer
This indicator is intended for analytical and educational purposes only.
It does not provide financial advice or trading recommendations.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。