Fibonacci Fans application on top of Previous Higher TimeFrame High and Low. Idea owner is @faizannawaz1, special thanks to him for both the idea and tesing the application WARNING : Study includes plottings in the future, and due to temporal gaps in non 7/24 markets such as weekends, holidays etc plotting of the fans will move to the open session (the effect...
The openness of this community is amazing and I have gained a lot from being a member. Hopefully you think this is useful so I can give something back. This indicator constructs a reference framework of Support and Resistance levels based on Gann Fan ratios. Two fans are created: Support or Bullish fan, and a Resistance or Bearish fan. The origin of the analysis...