Allows users to receive alerts when price reach a new Fibonacci level.
By default, the Fibonacci levels extend upwards. This can be changed to extend downwards by unchecking 'Extend Upwards' option.
Usage:
- Perform a Fib extension analysis and determine a high value, low value and direction of extension - Add indicator and specify these values
- Optionally, to view the levels used by the indicator on the main chart, copy the indicator source and: - Set overlayed = true - Set highPrice and lowPrice to your determined values (optional, but will save re-entering them later) - Add to chart - This will show you the exact levels used by the indicator - Set overlayed = false - Remove and re-add the indicator