Auto MONTH High/Low with Fibonacci (MC) (Pub)

This indicator automatically tracks and updates the current MONTH's HIGH and LOW levels in real-time. It calculates and plots key Fibonacci retracement and extension levels between the intra-month high and low, helping traders visualize potential reversal, breakout, and pullback zones.

✨ Key Features:
✅ Monthly High & Low Tracking

Real-time dynamic update of the current month's intra-month high and low levels.

Lines can extend left, right, both, or none, based on user preference.

📐 Fibonacci Level Plotting
Computes Fibonacci levels between monthly high and low.

Supports the following key retracement and extension levels:

88.6% Bear (Fib 11.4%)

78.6% Bear (Fib 23.6%)

61.8% Bear (Fib 38.2%)

50.0% Retracement

61.8% Bull

78.6% Bull

88.6% Bull

🧰 User Customization Options

Toggle visibility of each Fib level independently.

Selectable line extension behavior: left, right, both, or none.

Option to show/hide the high/low lines (with suggested enhancement).

Configurable line colors and styles for clarity.

🏷️ Informative Labels

Labels display price values for high, low, and each active Fibonacci level.

Positioned near the right of the chart for clear visibility.

Labels auto-refresh monthly for clean, uncluttered information.

🧠 Use Cases

Identify intramonth support/resistance zones.

Spot pullback or breakout points for entries and exits.

Enhance price action and confluence trading strategies