Displays horizontal lines that represent support and resistance levels.
You can use it with any symbol and on any timeframe.
Parameter 'Time range' means number of candles in consideration. The beginning of the range is marked with a little violet circle.
The more 'Sensitivity' is, the more levels are displayed.
This indicator automatically draws up to Three Sets of Fibonacci Pivot levels based on the previous Candle period's Range (High-Low). The HLC3 is used as the default Pivotal level. Only the most Recent period Candle Levels are displayed. The longer Weekly and Monthly sets are particularly useful in finding long term Supply and Demand levels.
The three sets of...