I've seen the power of Fibonacci retracements before, although albeit very seldom because I'm not the best user of the strategies associated with Fibonacci. Danielle Shay of SimplerTrading uses Fibonacci and here's a video with an example of what they call a "Fibonacci Clusters." Go to 1:35 and she'll mention it. I wonder if you ever use the clusters and other point to draw fibs from to get target points?
They are thought of as powerful levels of support/resistance and I would like to see if it's possible for us to get something similar to use. Even better, if someone could link us to instructional on how to draw them correctly. Pretty sure this is one of ST's paid things but there might be some code out there. They don't have the best reputation regarding indicators.... especially considering how much they charge for them.
Edit: @horserider has the answer in comment #4.
Auto Fib Indicator: https://usethinkscript.com/threads/auto-fib-fibonacci-levels-indicator-for-thinkorswim.14/
They are thought of as powerful levels of support/resistance and I would like to see if it's possible for us to get something similar to use. Even better, if someone could link us to instructional on how to draw them correctly. Pretty sure this is one of ST's paid things but there might be some code out there. They don't have the best reputation regarding indicators.... especially considering how much they charge for them.
Edit: @horserider has the answer in comment #4.
Auto Fib Indicator: https://usethinkscript.com/threads/auto-fib-fibonacci-levels-indicator-for-thinkorswim.14/