ATR Fib

Category: volatility, market_structure

Projects symmetrical Fibonacci retracement and extension levels based on a user-defined ATR range relative to the session open.

Formula

Levels = Open \pm (ATR - (ATR \times Fib\_Ratio)) \text{ where } Open = \text{session max(open)}

Inputs

• Range (default: 0000-0700:1234567)
• ATR (default: 250)
• Fib Ratios 1-7 (default: -0.111, 0, 0.2, 0.618, 0.8, 1, 1.111)

See signal primitives and every published strategy that uses ATR Fib on WOBR StrategyVerse.