👑 Automatic Fibonacci Retracement on Specific Timeframes + Golden Ratio | by Octopu$ Fibonacci Retracement is a method of technical analysis for determining support and resistance levels. It is named after the famous Fibonacci sequence of numbers: 23.6%, 38.2%, 61.8%, and 78.6% These ratios provide price levels to which markets tend to retrace a portion of a...
The Automatic Fib Retracement-Gold script indicates the 38.2%, 50%, 61.8% and 65% pullback regions. The lines of the upper and lower pivots , the support and resistance areas are also highlighted as well as the Golden Pocket. Customisable Fib Length - Time period over which max and min pivots are chosen. Offsetfib - Automatically offsets the pivots and...
The Automatic Fib Retracement - Silver -0.24% script indicates the 50-61.8% pullback region. The lines of the upper and lower pivots, the support and resistance areas are also highlighted. Customisable Fib Length - Time period over which max and min pivots are chosen. Offsetfib - Automatically offsets the pivots and sell zone as your entry position will be...