ORB FIB

 
I have tried to find an indicator that will measure the Fib during the ORB trading session, and not before. I would like it to measure mainly after the break out, and upon retracement, the Fib levels are established. Yes, I can use the Fib that comes with MT4, but I have to keep adjusting it, which is not a big thing, but just trying to have it done dynamically. I have tried ChatGBT and Grok, but I cannot seem to give it proper instructions. Anyone know of an indicztor like that? ~Thanks
 
Stan Bland:
I have tried to find an indicator that will measure the Fib during the ORB trading session, and not before. I would like it to measure mainly after the break out, and upon retracement, the Fib levels are established. Yes, I can use the Fib that comes with MT4, but I have to keep adjusting it, which is not a big thing, but just trying to have it done dynamically. I have tried ChatGBT and Grok, but I cannot seem to give it proper instructions. Anyone know of an indicztor like that? ~Thanks

I have attached the indicator I am trying to create using ChatGPT and Grok, but I cannot get it to be exactly what I am wanting, Attached is a screen shot of how it is at this time, but as you can tell from the screen shot, the Fibo is not always making new highs (or lows) as price makes a new high (or low)


It is possible there is already and indicator that does this, but I have not been able to find it yet.


I am trying to make it measure the ORB high and low, and as price breaks out of the ORB range, the fibs will track the price and move as price moves, then when price begins to retrace, the Fib levels are in place, and I will then enter after a certain retracement in direction of the break out, not just the fib levels of the ORB, but after price has done a breakout.