How do you change your fib levels to show exactly what is on ICT Fib levels, on the tradingview platform. “Equilibrium and percentages” for example.
Have you seen it on TV before or MT?
There’s this, but again, it’s MT.
Back in the day he mostly used MT4 for demo purposes - if you google “ict fib mt4” you will get a sense.
A good “fib” to have in mind is the half-way house - especially in the lead up to big news.
See how yesterday the most liquid pair could only make it to the 50% level (most recent high to most recent low in the week)
The algos were set to buy at that point - seems there were no sells below that level - anticipation of a good NFP next day?
What happened today then?
Price almost made the 62% - that level i.e. an 18 level was just too far.
.
Fibs are merely a portion of thinking - most often used from a significant low/high or versa.
Back to Eur/Usd this week - a huge move up on Mon - and draw a fib from low to high - the fib was busted below the 100%
Then draw a fib same day (Mon) high to low and next day the 38.2 fib (the lowest fib) was respected to the pip.
Some short-term traders see that that as a signal that price may go lower than that level - which it did next day - only to reach the low of the week.
Here are those 1st 3 days this week in a chart - remember the fib is drawn on Monday’s hi to lo.
:
.