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Auto YEAR High/Low with Fibonacci (MC) (Pub)

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This indicator automatically tracks and updates the current YEAR's HIGH and LOW levels in real-time. It calculates and plots key Fibonacci retracement and extension levels between the intra-year high and low, helping traders visualize potential reversal, breakout, and pullback zones.

✨ Key Features:
✅ Yearly High & Low Tracking
Real-time dynamic update of the current year's intra-year high and low levels.

Lines can extend left, right, both, or none, based on user preference.


📐 Fibonacci Level Plotting
Computes Fibonacci levels between yearly high and low.

Supports the following key retracement and extension levels:

88.6% Bear (Fib 11.4%)

78.6% Bear (Fib 23.6%)

61.8% Bear (Fib 38.2%)

50.0% Retracement

61.8% Bull

78.6% Bull

88.6% Bull


🧰 User Customization Options
Toggle visibility of each Fib level independently.

Selectable line extension behavior: left, right, both, or none.

Option to show/hide the high/low lines (with suggested enhancement).

Configurable line colors and styles for clarity.


🏷️ Informative Labels
Labels display price values for high, low, and each active Fibonacci level.

Positioned near the right of the chart for clear visibility.

Labels auto-refresh yearly for clean, uncluttered information.


🧠 Use Cases
Identify intra-year support/resistance zones.

Spot pullback or breakout points for entries and exits.

Enhance price action and confluence trading strategies

Penafian

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