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The indicator draws fibonacci retracement and expansion lines to the chart. Spud Fibo uses previous day’s High and Low to draw those lines.

 

 

http://1.bp.blogspot.com/_TRsJKrwx2Sc/SydcCJNbqfI/AAAAAAAALmw/X2bxSEP5I6I/s1600/SpudFibo.GIF

 

 

 

http://www.massmirror.com/eae2de3087ca24c303abdff53ea80fca.html

 

 

 

Kudos for the Sharerrr Pleaseeee!!! [-O<

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