INVITE-ONLY SCRIPT

Weekly Auto-Fib Zones (Custom Colors)

11
This script automatically plots weekly Fibonacci-based zones using the current week’s high and low. It updates dynamically as new price action forms and provides optional visual regions for key retracement areas.

The indicator includes:
• Weekly high/low anchor lines
• Optional 0.11–0.17 zones
• Optional 0.5 midpoint (premium/discount)
• Optional 0.618–0.786 retracement band
• Customizable colors for each level
• Dynamic boxes that expand as the week progresses

It is designed as a visual aid for identifying weekly ranges, contextual zones, and potential areas of interest based solely on Fibonacci percentages. No signals, alerts, or trading recommendations are included.

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.