OPEN-SOURCE SCRIPT
FibLines2

This script is a new version of "FibLines" which automatically draws Fibonacci Lines on chart.
0% line and 100% line are determined by "Period" and "Delay" parameter.
โParams
- Period: specifies periods to detect the highest (bearish) fractal and the lowest (bullish) fractal.
- Delay: specifies the number of new bars you ignore.
(๐ old version)

0% line and 100% line are determined by "Period" and "Delay" parameter.
โParams
- Period: specifies periods to detect the highest (bearish) fractal and the lowest (bullish) fractal.
- Delay: specifies the number of new bars you ignore.
(๐ old version)

Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.