Session Fib Fan
Automatically draws a Fibonacci fan from the previous session's high and low, projecting dynamic diagonal support and resistance into the current session.
Timeframes
All intraday
Markets
All
Style
Overlay
Fan Levels
Multiple
Overview
Session Fib Fan takes the guesswork out of Fibonacci analysis by automatically plotting fan levels from the prior session's price extremes. At each session boundary, it identifies the key price points and draws a directional fan with multiple Fibonacci ratio lines projected forward into the current session. These diagonal levels act as dynamic support and resistance that traditional horizontal levels miss -and price respects them with remarkable consistency.
Key Features
Automatic Fan Plotting
Draws multiple Fibonacci fan lines from the previous session's extremes automatically -no manual anchoring or drawing required.
Two Coordinate Modes
Choose between Highest-Lowest or Open-Close as the anchor points for the fan, adapting to your preferred analysis style.
Directional Awareness
The fan direction flips automatically depending on the session's price structure, always matching the prevailing session context.
Configurable Session Timeframe
Set the session timeframe to Daily, Weekly, or any higher timeframe to draw fans based on different session boundaries.
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