Bitcoin Logarithmic Growth Curves for intraday users — Indicator by aaahopper

Support and Resistance Fibonacci Retracement

supportandresistance fibonacciretracement

I wish to thank @Quantadelic who created this great indicator and leaving it open for others to improve.
I have made changes to make it user-friendly for the intraday traders.
The changes made have been;

1. Compartmentalized each area of the major Fibonacci level;
2. Added minor Fibonacci levels;
3. Color-coded the support and resistance levels, for better viewing;
4. Zoned each area of the major Fibonacci level; and
5. Created a time-frame display period for quicker loading of the indicator.

I have removed a few things to allow the indicator to run quicker;
1. Future projections; and
2. The major higher levels of the Fibonacci, which may be useful when Bitcoin reaches 100k.

Enjoy

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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