Fibonacci Active Timeframe Range [UkutaLabs]█ OVERVIEW
Fibonacci Active Timeframe Range is a precision intraday structure tool that uses real-time price expansion combined with Fibonacci ratios to map dynamic support and resistance levels directly from the active timeframe.
Rather than relying on fixed historical averages, this indicator continuously builds a live range from current price action, projecting Fibonacci-derived levels that adapt to market conditions as they develop.
The goal is to give traders a clear structural framework for:
Intraday bias
Reaction zones
Volatility expansion
Pullback levels
Continuation targets
—all in a clean, visual format that integrates seamlessly into any strategy or system.
█ USAGE
The indicator calculates the current timeframe range in real time, anchoring from the active session’s open and projecting multiple Fibonacci levels within that range.
These levels act as dynamic support and resistance zones, updating as price evolves — allowing traders to:
Identify high-probability reaction areas
Define structure for entries and exits
Frame risk more precisely
Align trades with real-time volatility
Anticipate expansion and contraction phases
Each level is clearly labeled for instant recognition and can be used across scalping, intraday, and short-term swing strategies.
█ SETTINGS
Configuration
• Show Labels – Toggle labels on/off for a clean or informational view
• Display Mode – Control how much historical structure is visible
• Font Size – Adjust label size for readability
• Text Alignment – Align labels relative to each level
• Fibonacci Levels – Enable/disable specific ratios
• Range Mode – Select how the current timeframe range is calculated
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