This indicator will help improve your intra-day trading by automatically drawing the most important Fibonacci levels of the day. It starts by comparing the open of the day with the previous day’s 30 minute close. The Fibonacci levels will be recalculated if the 38.2% retracement is broken.

This indicator is based on the research and day-trading strategy that was developed by Connor Pollifrone. It is important to note that this indicator only works on 30 minute or smaller time frames. The best way to learn about this strategy is to watch his video.

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UPDATE: 2022-11-16

Based on user feedback, I have added a reversal target level (gray line in image below).

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