Opening Range Fibonaccis

18 ต.ค. 2021

This indicator uses the concept of the "Opening Range" to create a Fibonacci zone from the high and low set during a specific time period after open (Defaults to 9:30 - 10:05 AM, EST)

The Opening Range is a popular tool for intraday technical analysis. Price frequently uses these levels as support/resistance, and a breakout from within the range can be a sign of further movement.

The Fibonacci levels are set such that the opening range high/low fall on the +/-0.5 fib. This creates an "extended range" outside of the opening range that may be useful during breakouts.

18 ต.ค. 2021

เอกสารเผยแพร่

• Reordered plot drawing and increased the default size of the opening range high/low circles to improve readability.
  

24 ต.ค. 2021

เอกสารเผยแพร่

• Added a "Fibonacci Scale" input option to improve customization. Default value of 1.0 matches the current settings.
  

27 ต.ค. 2021

เอกสารเผยแพร่

• Added an optional "Afternoon Range" option. When on, this sets a new range based on the high/low set during the period of 1:30pm to 2:05pm EST (or custom time period).
  

1 พ.ย. 2021

เอกสารเผยแพร่

• Added a "Plot For Today Only" toggle that hides ranges on previous days on intraday charts.
  

10 พ.ย. 2021

เอกสารเผยแพร่

• Added a timezone selection to input options to make customizing for different markets easier.
  

21 พ.ย. 2021

เอกสารเผยแพร่

• Added a toggle to display price labels for each Fibonacci level - "Show Price Labels" at the bottom of the input settings.
  

29 มี.ค. 2022

เอกสารเผยแพร่

• Updated the default time periods for calculating ranges.
  

31 ส.ค. 2022

เอกสารเผยแพร่

• Fixed problem where price labels wouldn't advance with new bars.
  

20 ก.ย. 2022

เอกสารเผยแพร่

• Added the option to base the opening range plots on 1 minute candles regardless of chart resolution. Useful for short periods, such as the opening minute.
  
• Fixed bug where toggling fib levels off still showed the fill.
  

4 ก.พ. 2023

เอกสารเผยแพร่

• Fixed bug with Zone Fill setting not working properly.
  
• Added 'Show Fib Value Labels" option. This and Show Price Labels can be used independently or together.