OPEN-SOURCE SCRIPT

Fib-Nachos: Full Spectrum Fibonacci

WHAT IT DOES:
  • Automatically plots Fibonacci retracement levels (1.000, 0.786, 0.618, 0.5, 0.382, 0.236, 0.000) based on the highest and lowest points within a customizable lookback period.
  • Dotted lines represent key retracement zones, making it easy to identify price action around significant levels.
  • Optional labels display the retracement values for quick reference.
  • Nine Exponential Moving Averages (EMAs) from 5 to 233 are included, covering short, mediumm and long-term trends for spotting trend alignment and shifts across different timeframes.
  • Dynamically places labels (S, M, L) on the chart to signal short-term, medium-term, and long-term trend changes based on EMA crossovers
  • Automatically colors the background green for bullish trends and red for bearish trends based on EMA relationships


WHO FOR:
  • Anyone seeking a clean, efficient indicator to integrate Fibonacci retracements into their trading strategy.
  • People looking for a fun tool to analyze Fibonacci levels alongside moving averages and trend signals.
  • People who like Fibonacci


CUSTOMIZE:
  • Enable or disable Fibonacci lines, labels, EMAs, and trend labels using the intuitive input options.
  • Customize the lookback period for Fibonacci levels and adjust settings to fit your trading style.
  • Customize the look, feel, colors


FUTURE:
  • Better colors.
  • Zones and boxes.
  • Fun fib things
Bands and ChannelsChart patternsFibonacci Retracementfibonnaccigoldencrossgoldenpocketmoving_averageMoving Averagesmovingaveragecrossover

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