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Boroden Style Auto-Fibs

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### Boroden Style Auto-Fibs Indicator

This Pine Script indicator automatically plots Fibonacci retracement and extension levels on your TradingView chart, inspired by the Fibonacci trading techniques of Carolyn Boroden. It identifies recent pivot highs and lows to display key Fibonacci levels that traders may use to observe potential support, resistance, or price target zones.

#### Key Features:
- **Automatic Pivot Detection:** Detects significant pivot highs and lows based on a user-defined lookback period.
- **Fibonacci Retracements:** Displays standard retracement levels (23.6%, 38.2%, 50%, 61.8%, 78.6%) to highlight potential reversal areas.
- **Fibonacci Extensions:** Optionally plots extension levels (100%, 127.2%, 161.8%) for potential price targets in the trend direction.
- **Customizable Display:** Allows toggling of retracements and extensions, with an option to show only the most recent swing’s levels for a cleaner chart.
- **Line Style Customization:** Offers adjustable colors, styles (solid, dashed, dotted), and line widths for personalized visualization.

#### How to Use:
1. **Add the Indicator:** Apply the "Boroden Style Auto-Fibs" indicator to your TradingView chart.
2. **Adjust Inputs:** Modify the settings in the indicator’s input menu:
- **Show Retracements:** Enable or disable retracement level display.
- **Show Extensions:** Enable or disable extension level display.
- **Show Only Most Recent Swing:** Toggle to focus on the latest swing, reducing chart clutter.
- **Pivot Lookback Length:** Set the number of bars used to detect pivots (e.g., 10).
- **Line Style Settings:** Customize colors (e.g., green for uptrend retracements, red for downtrend), line style, and width.
3. **Analyze the Levels:** Observe the plotted Fibonacci levels to identify areas of interest for potential entries, exits, or stop-loss placement. Use alongside other technical tools for a well-rounded approach.

#### Important Note:
This indicator is provided for educational and informational purposes only. It does not constitute financial advice, nor does it guarantee profitable outcomes. Trading carries inherent risks, and past performance is not indicative of future results. Always perform your own analysis and assess your risk tolerance before making trading decisions.
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