Fibonacci Auto Retracement & HTF candles Reference

Advanced Higher Timeframe (HTF) Candle & Fibonacci Viewer

Overview:
The Advanced HTF Candle & Fibonacci Viewer is a professional Trading View indicator designed to help traders overlay higher timeframe price structures onto lower timeframe charts. By combining daily candle analysis with precise Fibonacci retracement levels, this tool allows traders to identify critical support and resistance zones, potential breakouts, and retracement opportunities without switching charts.

Special Thanks:
This script includes a small part of coding inspired by Zeiierman, whose work on HTF analysis provided the foundation for visualizing higher timeframe structures. Full credit to Zeiierman for their invaluable contribution to the Trading View community.

Key Features:
1. Multi-Day HTF Range Display

Automatically displays high and low of 1–7 previous days.
Highlights candle bodies and wicks for clear structure visualization.
Ideal for spotting daily ranges and breakout levels.

2. Dynamic Fibonacci Levels

Standard levels: 0%, 11.8%, 23.6%, 38.2%, 50%, 61.8%, 76.4%, 88.2%, 100%.
Optional mid-level lines for intraday support/resistance identification.
Levels adjust automatically to reflect price action direction.

3. Customizable Labels & Colors

Adjustable text size, color, transparency, and offset.
Fully customizable candle and Fibonacci colors.
Mid-level lines can be shown or hidden for a cleaner look.

4. Persistent Levels

Levels remain until the next trading session or breakout, helping track trends and retracements consistently.

5. Multi-Timeframe Optimization

Works on any chart timeframe, from 1-minute to weekly charts.
Provides higher timeframe insight while trading on lower timeframes.

Why Traders Love This Indicator:

View higher timeframe action without switching charts.
Identify high-probability entry and exit zones.
Combine with other indicators for complete market analysis.
Useful for swing traders, day traders, and scalpers alike.

Customization Options:

Number of previous days (1–7)
Show/hide mid-level lines
Show/hide labels
Customize label size, color, and offset
Customize Fibonacci and candle colors

Ideal Use Cases:

Swing Trading: Identify daily key levels for entry, exit, and stop-loss.
Day Trading: Use HTF ranges on intraday charts to spot breakouts and reversals.
Fibonacci Analysis: Locate retracement zones efficiently.
Trend Confirmation: Validate trades with higher timeframe structure.

Summary:
The Advanced HTF Candle & Fibonacci Viewer is a powerful tool for traders seeking clarity, structure, and precision. With higher timeframe insight overlaid on active charts and proper credit to Zeiierman for their HTF coding contribution, this indicator helps traders make informed, confident decisions in any market.