OPEN-SOURCE SCRIPT

HTF Candle Breakout Fibonacci Levels

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This indicator automatically plots Fibonacci retracement levels on a lower timeframe (LTF) after detecting a breakout candle on a selected higher timeframe (HTF).

🔍 How It Works

When a candle on your selected HTF closes beyond the high or low of the previous candle, the indicator automatically draws Fibonacci levels on the LTF.
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These levels remain visible until the next HTF candle is formed — allowing you to trade retracements with contextual precision.
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⚙️ Customization Options

From the indicator settings, you can modify:
• The HTF candle timeframe (default is 1D)
• Fibonacci levels and colors
• Enable or disable “Show Only the Latest Levels” — ideal for live trading to keep the chart clean and focused.



🟪 HTF Candles Preview

After applying the indicator, you’ll see 3 vertical bars on the right edge of your LTF chart. These represent a live preview of the last three HTF candles and update in real-time.
If you prefer a cleaner chart, disable this feature via the “Show HTF Candles” toggle in the settings.
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Feel free to reach out if you have any questions.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.