Dynamic Fibonacci Levels with Value and Percentage Labels

This indicator plots the most common Fibonacci retracement levels (23.6%, 38.2%, 50%, 61.8%, and 78.6%) on the price chart, using a configurable period to calculate recent high and low points. Unlike standard Fibonacci indicators, this script enhances visualization by including dynamic labels that display both the numerical value of the Fibonacci level and its corresponding percentage. The levels are calculated using a configurable "support/resistance" period and smoothed using a simple moving average to reduce noise. The user can customize the calculation period length, smoothing period, label visibility, and line thickness. Labels are dynamically updated on each new bar, showing the current values and percentages of the calculated Fibonacci levels. This indicator makes it easier to identify potential support and resistance areas based on Fibonacci retracements, providing clear and concise visual information directly on the chart.