Main info
This script automatically draws you the Fibonacci retracement level called golden pocket from the latest detected pivot point to the actual price. This level is very popular among traders because the price tends to reverse on this level pretty often. You should use this on higher timeframes 15m+.
It is good to keep in mind that this level alone is not...
This is a slight modification,
The setting as it is marks the high and the low for the day, but can be adjusted to be a fib extension if you like.
You can just copy this script replacing the old one to add in the extra two lines.