Auto Fibonacci

Category: market_structure

A wrapper indicator that instantiates Fibonacci retracement levels automatically based on recent price action trends.

Formula

Fibonacci Levels = High - (High - Low) * {0, 0.236, 0.382, 0.5, 0.618, 1.0}

See signal primitives and every published strategy that uses Auto Fibonacci on WOBR StrategyVerse.