Auto Fib Time Zones and Trend-Based Fib Time by DGT

Fibonacci time zones, based on the Fibonacci number sequence, are vertical lines that represent potential areas where a swing high, low, or reversal could occur.

Trend-Based Fib Time shows probable price corrections in an existing trend. A useful tool to use in addition to Elliot Wave counting, Fib Time helps to identify how far the wave is likely to travel

Please note, Time zones aren't concerned with price, only time

Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely

The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
Open-source Skript

Ganz im Sinne von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es verstehen und überprüfen können. Ein Hoch auf den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Publikation unterliegt den Hausregeln. Sie können das Skript den Favoriten hinzufügen, um es auf dem Chart zu verwenden.

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Fibo Master!
350 Coins
dgtrd e2e4mfck
@e2e4mfck, :) thank you very much, glad to hear from a Master 🙏
You're always fantastic!
500 Coins
dgtrd Meowella7777
@Meowella7777, thank you very much, so glad to feel your continious support
@dgtrd, I use your chart, on a daily bases! It's a must to contribute :-)
Great work!
500 Coins
dgtrd LonesomeTheBlue
@LonesomeTheBlue, thank you very much, such nice words from a Wizard
How to use it im newbie plz
dgtrd heymike20
hello @heymike20, those ones are rarely used tools and traders use them differently based on their staregies, some use them to measure the distance between elliott waves and aim to estimate next wave duration etc.

for basic usages of the tool it is quite similar to other fib tools, please check