HiLo Daily Fibonacci R1 by JustUncleL

This is another indicator in my Pivot level series. This one automatically draw Fibonacci levels based on the previous day's lowest (0%) and highest (100%) values, similar to a Fibonacci retracement.
Manual TimeFrames can be given, it is just a text string though and is not checked, so needs to be a valid resolution eg: 60, 120, 240, 360, 480, 720, 1D, 1W, 1M, 2D, 2W, 3M

LEVELS:

Green = 100% - 200% Levels
Blue = 0 - 100% Levels
Red = -100% - 0 Levels

Optionally can display historical Daily Fibonacci Levels.

Release Notes

Minor changes:

Work around for Pivot now option.
Updates for V3 Pinescript.
Add extra level for Pivots Now option.

Release Notes

R3.1 Update

Modified the way "most recent" only is display, now only show levels in the current day's price action.
Added option to display current day extension Fibs.

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.

JustUncleL

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

JustUncleL