Auto Fibo Multi-Channel Reversal Retest by WiselyWealthComprehensive Guide: Auto Fibo Multi-Channel Reversal Retest Indicator
Introduction: What is this script and its purpose?
The "Auto Fibo Multi-Channel Reversal Retest" script, developed by WiselyWealth, is a highly advanced, multi-layered technical analysis tool built using Pine Script v6. Its primary purpose is to identify high-probability market reversal zones by aggressively filtering out market noise and false breakouts.
Unlike traditional indicators that rely on a single mathematical concept, this system is engineered to demand confluence from four distinct technical dimensions before confirming a trade setup: volatility boundaries, momentum exhaustion, dynamic structural support/resistance, and an execution retest protocol. This script is specifically designed for analytical traders who prioritize setup quality over sheer quantity, aiming to catch precise pivot points in the market while optimizing the risk-to-reward ratio through delayed, confirmed entries.
Working Mechanism: How the Script Detects Signals
The core strength of this script lies in its rigorous, four-step filtering engine. A final "Buy" or "Sell" signal is only painted on the chart when price action satisfies all of the following technical criteria consecutively:
1. Multi-Channel Volatility Extremes (The Boundary Check):
The script features a dual-channel trigger system, allowing users to select a primary and secondary volatility band or price channel. The available options include Bollinger Bands, Keltner Channels, Donchian Channels, Envelopes, and Linear Regression. The algorithm calculates the mathematical upper and lower bounds of these selected systems. For a setup to even begin formulating, the asset's price must simultaneously pierce or touch the extreme outer boundaries of *both* selected channels (for example, the low of the candle must be equal to or lower than both the primary lower band and the secondary lower band). This ensures the market is severely overextended and deviating heavily from its historical mean.
2. Reversal Signatures and Momentum Exhaustion (The Trigger):
Once price reaches the extreme boundaries, the script scans for a reversal catalyst. It detects foundational candlestick patterns, specifically Bullish and Bearish Engulfing candles, as well as Pinbars like Hammers and Shooting Stars. Furthermore, it incorporates momentum oscillators by scanning for Relative Strength Index (RSI) crossovers from overbought or oversold territories, alongside Stochastic oscillator crosses (below 20 for buys, above 80 for sells). This ensures the structural overextension is accompanied by a genuine, measurable shift in buying or selling pressure.
3. Dynamic Auto-Fibonacci Proximity (The Structural Filter):
To prevent taking reversals in the middle of a chart with no structural backing, the script automatically calculates a macro range by identifying the highest high and lowest low over a user-defined lookback period (defaulting to 100 bars). It dynamically plots key Fibonacci retracement levels (0.000, 0.236, 0.382, 0.500, 0.618, 0.786, and 1.000). A raw reversal signal is only validated if the price action occurs within a strict, customizable percentage tolerance (defaulting to 0.5% of the range) of these specific Fibonacci levels. This mathematical check guarantees that trades are only considered at major, historically proven support or resistance zones.
4. The ATR-Based Retest Engine (The Execution Delay):
This is the script's most robust feature. Even if all prior conditions are perfectly met, the script does not immediately issue a final order. Instead, it enters a "pending trend" state and calculates a required "Retest Price" using the Average True Range (ATR).
For a Buy setup, it subtracts a user-defined ATR multiplier (default 1.0) from the close price.
The system then waits for up to a maximum number of candles (default 4 bars) for the price to pull back and touch this specific delayed level.
If the price successfully drops to the retest level within the time limit, the final Buy order is fired and painted on the chart. This engine prevents traders from buying the absolute top of a fake-out and secures a significantly safer entry price.
How to Use: Settings and Optimal Market Conditions
Recommended Configuration & Settings:
Channel Confluence: Pairing Bollinger Bands as System 1 and Keltner Channels as System 2 is highly recommended. Because Bollinger Bands measure standard deviation and Keltner Channels measure ATR, requiring price to break both ensures you are capturing true volatility anomalies (often referred to as a "Volatility Squeeze" reversal).
Retest Engine Tuning: The default ATR multiplier of 1.0 with a 4-bar max wait limit provides a balanced, conservative approach. If you find that valid signals are expiring before execution because the market runs away too quickly, you should either increase the "Max Candles to wait" to 6-8 bars or lower the "Retest Value" to 0.5 for shallower pullbacks.
Fibonacci Tolerance: Keep the "Fibo Level Tolerance" relatively tight (between 0.3% and 0.8%). Expanding it too much defeats the purpose of precision support and resistance filtering.
Suitable Markets and Timeframes:
This indicator thrives in mean-reverting and broadly ranging market conditions, making it exceptionally well-suited for high-liquidity Forex pairs (such as EUR/USD or GBP/JPY), major Cryptocurrencies, and Equity Indices.
Optimal Timeframes: It performs best on medium to higher timeframes, such as the 15-minute, 1-hour, or 4-hour charts. Lower timeframes (like 1-minute or 3-minute charts) contain too much micro-volatility, which may cause erratic Fibonacci plotting and premature retest triggers.
Trend Context: By default, the script takes both Buy and Sell signals ("Trade Direction: Both"). However, in a strong macro-trending market, users should actively utilize the Trade Direction setting to take only pullbacks in the direction of the dominant trend. For example, selecting "Buy Only" during a structural bull market will filter out dangerous counter-trend short positions. Indicator
Confluence Trend and Fibo Reversal SystemAn In-Depth Overview of the "Confluence Trend and Fibo Reversal System"
Introduction: The Purpose and Core Architecture
The "Confluence Trend and Fibo Reversal System" is a sophisticated, highly adaptable Pine Script trading indicator designed to dynamically navigate fluctuating market conditions. The primary objective of this script is to solve a fundamental problem in technical analysis: the tendency of trend-following indicators to produce false signals during sideways markets, and the failure of mean-reversion oscillators during strong trends. To achieve this, the indicator operates as a dual-regime trading algorithm. It constantly analyzes price action to determine whether the current market environment is trending or ranging (sideways). Based on this real-time assessment, the script autonomously switches its internal logic, deploying either a momentum-based confluence engine for trends or a reversal-based engine strictly filtered by Fibonacci retracement levels for sideways markets.
Operating Mechanisms: How the Indicator Generates Signals
The technical architecture of this indicator is divided into four distinct analytical engines that work together to validate trading signals.
1. The Market Regime Filter (Range Detection)
Before any signal is generated, the system calculates a "Range Score" to determine the market state. It evaluates six specific technical conditions:
ADX (Average Directional Index): Checks if the ADX value is below 25, indicating weak trend strength.
Bollinger Bands Position: Verifies if the closing price is contained securely within the upper and lower bands.
Bollinger Bandwidth (BBW): Measures volatility by checking if the current bandwidth is narrower than its 20-period moving average.
RSI (Relative Strength Index): Checks if the RSI is hovering in a neutral zone between 40 and 60.
Stochastic Oscillator: Confirms that the Stochastic K-line is resting in a non-extreme zone between 20 and 80.
EMA Convergence:Measures the gap between the 20-period and 50-period Exponential Moving Averages, checking if they are tightly converged within half of the Average True Range (ATR).
If the total score meets a user-defined threshold (defaulting to 4 out of 6), the system classifies the market as "Ranging" and activates the Reversal engine; otherwise, it defaults to the Trend engine.
2. The Trend Engine (Confluence Scoring)
When the market is clearly trending, the script relies on a strict multi-indicator confluence system to prevent premature entries. It generates a bullish or bearish score out of five possible points:
Price positioning relative to the 50-period EMA.
Directional dominance using the ADX (+DI vs -DI).
Momentum confirmation via MACD baseline crossovers.
Trend alignment with the Supertrend indicator.
Price placement above or below the Ichimoku Kumo Cloud.
A final buy or sell signal in trend mode is only triggered if the accumulated score meets the "Minimum Confluence Score" threshold (defaulting to 4 out of 5).
3. The Reversal & Fibonacci Engine
If the market is ranging, the script hunts for mean-reversion opportunities by scanning for specific price action anomalies and oscillator extremes. It looks for Bullish/Bearish Engulfing candles, Pinbars (Hammers and Shooting Stars), RSI overbought/oversold crossovers, Stochastic extreme crossovers, and Bollinger Band boundary breakouts.
Crucially, these reversal patterns are deemed invalid unless they occur in close proximity to an automatically generated Fibonacci level. The script identifies the highest high and lowest low over a 100-bar lookback period to draw dynamic Fibonacci retracement lines (0.000 to 1.000). A reversal signal is only approved if the price action happens within a tight percentage tolerance zone around these key Fibonacci levels.
4. The Retest Engine
To drastically reduce false breakouts, the script features a built-in "Retest Mode". Instead of firing a buy or sell signal immediately when conditions are met, the script calculates a target "retest price" offset by an ATR multiplier. It will then hold the pending signal in memory for a maximum number of candles (defaulting to 4). The final execution signal is only printed on the chart if the price pulls back to successfully retest this calculated ATR level, proving the validity of the breakout.
Implementation and Usage Guidelines
Recommended Settings
Trade Direction: It is highly recommended to leave the trade direction set to "Both" to allow the dynamic regime filter to operate at its full potential. However, if trading against a higher timeframe macroeconomic trend, users can restrict the system to "Buy Only" or "Sell Only".
Retest Mode: Keep "Enable Retest Mode" activated. While it may cause you to miss trades that instantly aggressively rally, it will save you from substantial losses caused by "fake-out" signals.
Confluence Threshold: For aggressive traders, lowering the Trend Minimum Confluence Score to 3 will yield more signals. For conservative traders, leaving it at 4 or 5 ensures that only the highest probability momentum shifts are traded.
Visual Enhancements: Keep the "Highlight Range Market Background" enabled. This feature turns the chart background orange during sideways markets, providing excellent visual context as to why the indicator is currently ignoring standard trend breakouts.
Suitable Markets and Timeframes**
Because the "Confluence Trend and Fibo Reversal System" actively adapts to volatility and structural shifts rather than relying on static logic, it is exceptionally versatile. It is well-suited for high-liquidity markets such as major Forex pairs (EUR/USD, GBP/USD), large-cap Cryptocurrencies (Bitcoin, Ethereum), and major Equity indices. Due to its reliance on 100-period lookbacks for Fibonacci mapping and 50-period EMAs for trend detection, the indicator performs optimally on medium to higher timeframes—specifically the 1-Hour (H1), 4-Hour (H4), and Daily (D1) charts—where market noise is minimal, and true institutional support and resistance zones are respected. Indicator
HTF Mr. Fibonacci ReversalThe HTF Mr. Fibonacci Reversal is a premium, all-in-one dynamic tool designed to identify major institutional liquidity sweeps, Optimal Trade Entries (OTE), extreme market deviation zones, and internal Market Structure shifts (BOS/CHoCH) simultaneously.
Instead of cluttering your chart with endless Fibonacci ratios and full-screen color zones, this indicator isolates only the levels that matter most to macro reversals. It seamlessly blends Higher Timeframe (HTF) context with internal structural confirmations, operating seamlessly on a Daily (D) HTF anchor by default, but fully customizable to Weekly or Monthly levels depending on your trading style.
🔥 Key Features & Innovations:
1. Dynamic HTF Anchoring & Projections
A primary vertical line automatically captures the exact High and Low range of the previous HTF period. This acts as your baseline liquidity and macro structure. From this anchor, the script projects Fibonacci data into the current live price action.
2. Two Distinct Drawing Models:
Model 2 (Phantom Projection - Default): A unique "clean chart" approach. It projects a phantom HTF candle far to the right of current price action, wrapping the Fibonacci levels and OTE boxes exclusively around this future candle. This allows you to monitor how the micro price action is interacting with macro levels without overlaying shapes over your current candles. The projection is drawn with mathematical pixel-perfect symmetry.
Model 1 (Classic Extension): Draws the Fibonacci levels and OTE boxes starting directly from the vertical anchor, stretching right alongside the price action.
3. Minimalist Fibonacci Architecture
Stripped-down logic to focus heavily on the 0.5 (Equilibrium), -0.618, and 1.618 levels. These specific reaction points are highlighted in solid colors to draw immediate attention for high-probability reversal setups.
4. OTE & Extreme Zones (Transparent Boxes)
Clean, transparent blue boxes elegantly highlight:
Inner Optimal Trade Entry Zones: (0.236 to 0.382) & (0.618 to 0.764)
Extreme Deviation Zones: (-0.382 to -0.618) & (1.382 to 1.618)
5. HTF Phantom Candle
Displays the live, currently developing HTF candle (Open, High, Low, Close) dynamically. If you are on a 15m chart, you can watch exactly what the Daily or Weekly candle looks like in real-time, perfectly centered within your Fibonacci parameters.
6. Integrated Market Structure (BOS / CHoCH)
No need for a secondary structural script. The indicator includes a highly optimized Market Structure engine running in the background.
It maps internal Break of Structure (BOS) and Change of Character (CHoCH) directly on your chart.
By default, unconfirmed "candidate" lines are hidden to keep your chart pristine. Once a level is broken (closing beyond the pivot by default), a solid line and a clear label are drawn retrospectively.
7. Extended Dotted Boundaries & VWAP
The 0.0 and 1.0 levels extend perfectly from the origin anchor all the way to the projected Fib levels, framing the macro range cleanly with labels indicating exact prices.
Includes an optional Anchored VWAP starting exactly from the HTF pivot open.
8. Auto-Adapting UI
The main vertical structure line automatically senses your chart background (light or dark mode) and adapts its color for maximum visibility.
💡 How to Use:
Use the prominent 0.5 equilibrium level to gauge the broader directional bias. When price travels into the outer extreme boxes (below -0.382 or above 1.382), look for exhaustion signals, liquidity sweeps, or a CHoCH confirmation from the internal Market Structure engine for high-probability reversal entries. The inner boxes act as standard retracement targets during trend continuation.
Toggle between Model 1 and Model 2 depending on whether you prefer an immersive overlay or an isolated projection on the right side of your screen. Indicator
Fibonacci A-B-C Volles Strategie-Board(ENGLISH)
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The Fibonacci Betting-Playbook 062026: How to read the Strategy Board
If you want to succeed in the markets, you need more than just a gut feeling, you need a system that delivers crystal-clear odds. This script is your personal bookmaker dashboard directly on the chart. It scans price movements for a highly profitable pattern and shows you exactly when the risk-reward ratio is as good as a massively overpriced underdog quote in La Liga.
Here is the official manual for you and your users, so that everyone knows exactly how to read the signals and when it's better to keep your feet still.
The Game Plan: The A-B-C Formation
In the background, the script constantly scans for a specific market movement, the so-called A-B-C ZigZag. Think of it like the perfect set piece:
Point A (The Kickoff): The lowest point where the movement begins.
Point B (The First Goal): The first high point. The momentum is here.
Point C (The Tactical Pause): The price drops back slightly. Exactly here, in this pullback, we calculate our entry before the second half – the next big price breakout – begins.
As soon as the script recognizes this formation, it paints your playing field (the boxes) onto the chart.
Your Betting Odds: The Zones on the Board
When the setup is "hot", you will see two distinct boxes on your screen. They take the guesswork out of the equation and tell you exactly where you need to place your chips.
🟢 The Green Zone: The Entry (The Value Bets)
Here is where you build your position. If the price falls into this box, we have a statistical advantage (edge).
Line 0.500 (Initial Entry): The market has corrected half of its rally. Here you place your first, smaller bet.
Line 0.618 (Ideal Reload): This is the "Golden Ratio". The absolute sweet spot in the Fibonacci system. If the price drops here, you double down. The chance of a bounce is highest here.
Line 0.667 (The Last Bastion / STOP): The red dashed line. If the price falls below this, the setup is busted. The trade is canceled, you pull the ripcord, and accept the small loss. No hoping, no praying – strict bankroll management.
🟠 The Orange Zone: The Cashout (Taking Profits)
If the trade plays out and the price shoots up, this box shows you where the bookie opens the register.
Line 1.618 (Potential Turning Point): Your first target (Take Profit 1). Here you take a portion of your winnings off the table. Ring the register!
Line 1.809 (Trailing Stop-Loss): The price keeps running? Perfect. Trail your stop-loss to your entry price now. You are now riding a risk-free bet.
Line 2.000 (Massive Resistance): The absolute maximum. The air gets extremely thin up here. Take your remaining profit and close the position.
🔴 The VAR Signal: The Red Warning Box
Markets are often chaotic. If the script fails to recognize a clear A-B-C pattern, the stop-loss has been hit, or the target has already been reached, the system immediately deletes all lines from the chart.
Instead, a red box appears in the center: "CURRENTLY NO RECOMMENDATION POSSIBLE - WAIT FOR FURTHER CHART SIGNALS".
This is like a suspended betting market during a VAR check. Your only task at this moment: Do not trade. Keep your hands off the buy button. Wait patiently until the system builds the next profitable setup.
What you as a user must absolutely pay attention to (The Golden Rules)
Patience is your best croupier: Do not trade blindly just because the price is moving. Always wait until the boxes appear on the chart and the price dips into the green zone.
Respect the Stop-Loss (0.667): Even in the best Spanish casinos, you don't win every hand. If the red line is breached, close the trade on Trade Republic immediately. Whoever hesitates here gambles away their bankroll.
Split your stakes: Do not wager your entire capital at the 0.500 line. Make a partial entry and keep your powder dry in case the price drops to the golden 0.618 line. This massively improves your average entry price.
Secure your profits: When the price reaches the orange 1.618 line, do not get greedy. Take a partial profit. Nothing is more frustrating than turning a fat paper profit back into a loss.
Indicator
Dynamic Pivot Fibo Analytics [MarkitTick]💡 A highly advanced, automated technical analysis tool designed to objectively identify structural market swings and project key Fibonacci retracement and extension levels. By isolating mathematically confirmed pivot highs and lows, the algorithm eliminates the subjective bias traditionally associated with drawing retracement tools manually. The script dynamically maps out critical zones of interest—such as the widely observed Golden Pocket—while continuously evaluating the current price action against these historical vectors. Coupled with a real-time analytical dashboard, it provides traders with a comprehensive breakdown of swing volatility, level proximity, and directional bias, serving as a complete ecosystem for retracement-based methodologies.
✨ Originality and Utility
The primary utility of this script lies in its capacity to transform a traditionally manual and subjective charting process into an automated, mathematically rigorous system. While standard charting platforms require users to manually select anchor points for Fibonacci tools—often leading to inconsistent application—this script programmatically identifies the most statistically relevant extremums based on user-defined lookback periods.
Its originality is further highlighted by its multi-layered filtering architecture. Rather than treating every minor price fluctuation as a valid swing, the script incorporates an objective volatility filter utilizing either the Average True Range (ATR) or a strict percentage threshold. This ensures that only structurally significant market movements are measured, effectively filtering out stochastic market noise. Furthermore, the integration of an on-chart analytical dashboard and a dynamic level-touch highlighting system brings a level of interactive feedback rarely seen in standard visualization tools, allowing traders to instantly gauge the health and maturity of an active swing.
🔬 Methodology and Concepts
● Pivot Extrema Detection
The foundational logic relies on the identification of local minimums and maximums within a continuous time-series dataset. The algorithm evaluates a central candidate bar against a defined window of preceding and succeeding bars. A Pivot High is only confirmed if the candidate's high remains unbreached across the entire evaluation window, ensuring it represents a true structural peak. This mechanism inherently requires a confirmation delay to validate the peak, preventing the erratic shifting of anchors during live price formation.
● Swing Filtering and Validation
Once opposing pivot points are confirmed, the script calculates the absolute price range of the resulting swing. To prevent false positives in low-volatility environments, the script applies a normalization filter. It evaluates the raw swing range against either a fractional multiplier of the current ATR or a static percentage of the asset's price. Swings failing to meet this geometric threshold are automatically discarded, preserving chart clarity.
● Fibonacci Mathematics and Zonal Mapping
Upon validating a swing, the algorithm applies standard Fibonacci sequence ratios to the defined price vector. It calculates core retracements (0.236, 0.382, 0.500, 0.618, 0.786) and projects mathematical extensions (1.272, 1.618, 2.000) for target mapping. The script specifically isolates the 0.618 to 0.650 region, commonly referred to as the Golden Pocket, rendering it as a distinct filled zone to highlight its historical significance as an area of mean reversion.
🎨 Visual Guide
● Main Chart Elements
Swing Line: A distinct, solid line directly connecting the anchored Pivot Low and Pivot High, visually defining the active vector being measured.
0.000 and 1.000 Anchors: The baseline extremums of the swing, marked by precise labels and dashed/dotted lines to indicate the absolute boundaries of the measured range.
Key Retracement Levels (0.382 & 0.618): Rendered with emphasized, dashed lines to denote their elevated importance in traditional retracement theory. The 0.618 level utilizes a distinct gold color to draw the user's attention.
Minor Retracement Levels (0.236, 0.500, 0.786): Displayed using subtle, dotted lines to provide contextual support without overwhelming the primary visual hierarchy.
Golden Pocket Fill: A translucent shaded region spanning the area between the 0.618 and 0.650 price coordinates, serving as a primary zone of interest for exhaustion.
Touch Highlights: When the current price intersects any active Fibonacci line, the line's color dynamically shifts (defaulting to white), providing immediate visual feedback of level interaction.
Historical Swings: If enabled, the script retains ghosted, dotted representations of previously confirmed swings, allowing users to analyze past interactions without cluttering the active setup.
● Dashboard Elements
Direction: A color-coded textual readout confirming whether the active, validated swing is Bullish or Bearish.
Swing Range: A visual block-bar representation (scaling from 0 to 10) evaluating the magnitude of the current swing relative to the prevailing ATR.
Key Levels: Direct, high-precision price readouts for the critical 0.382 and 0.618 levels.
Levels Touched: A scoring metric visualizing how many individual Fibonacci levels the current price action has interacted with since the setup was confirmed.
0.618 Proximity: A dynamic strength bar indicating how close the current price is to the Golden Ratio, aiding in the anticipation of level tests.
Setup Age: A raw bar-count indicating the duration since the swing anchor was established.
📖 How to Use
Setup Identification: Apply the script to your chart and observe the automated generation of the Swing Line. The script will wait for the defined lookback period to confirm a pivot before drawing the corresponding Fibonacci grid.
Trend Context: Use the Dashboard to immediately confirm the direction and strength of the swing. A high Swing Range score indicates a robust structural move, lending higher confidence to the subsequent retracement levels.
Zone Monitoring: Focus attention on the highlighted Golden Pocket zone. As price retraces into this filled area, monitor for deceleration or reversal patterns. The built-in proximity score on the dashboard will alert you as price nears this critical threshold.
Interaction Feedback: Watch for the dynamic Touch Highlights. When a level changes color, it confirms that price has officially probed that mathematical coordinate.
Alert Automation: Instead of manually monitoring the chart, configure the script's alert parameters to notify you strictly when price touches a key level (such as the 0.382 or 0.618), streamlining your analytical workflow.
⚙️ Inputs and Settings
Swing Settings: Controls the structural strictness of the algorithm. Adjusting the "Left Bars" alters the required validation period for a pivot, while "Extend Lines" controls the horizontal projection length of the drawn levels.
Swing Filter: Toggles the volatility validation on or off. Users can select between an "ATR" multiplier or a pure "Percent" requirement, establishing the minimum acceptable size for a swing to be plotted.
Direction Filter: Allows the user to isolate the script's output to strictly Long setups, strictly Short setups, or Both simultaneously.
Fib Extensions & Golden Pocket: Provides granular control over the visibility and aesthetic rendering of the >1.000 extension levels and the specialized 0.618-0.650 fill zone.
Level Touch Alerts: Configuration options for automating notifications. Users can toggle alerts for specific key levels, all levels collectively, and customize the visual highlight color triggered by these interactions.
Historical Swings: Defines the quantity of past setups to retain on the chart for retrospective analysis.
Dashboard Settings: Customization parameters for the analytical table's background and text colors to ensure readability across different chart themes.
🔍 Deconstruction of the Underlying Scientific and Academic Framework
The theoretical foundation of this script intersects two distinct disciplines of market analysis: algorithmic extremum detection and geometric proportion analysis.
The extremum detection relies on a localized peak-trough evaluation algorithm. By isolating a data point and verifying that its scalar value is strictly greater than (or less than) all corresponding values within a symmetric `n`-period domain, the script establishes a mathematically unassailable structural node. This method effectively filters out continuous monotonic sequences and isolates true inflection points in the time-series data.
To prevent the algorithm from validating micro-fluctuations inherent in random walk market environments, it employs a normalization technique using Average True Range (ATR). ATR provides a dynamic measure of standard deviation over time. By forcing the absolute scalar difference between two validated extremums to exceed a fractional coefficient of the ATR, the script ensures that the analyzed vector falls outside the bounds of standard market noise, thereby validating its statistical significance.
Once the vector is established, the script applies the principles of the Fibonacci sequence—a recursive mathematical progression where the ratio of successive terms converges on Phi (approximately 1.618). In the context of market dynamics, these ratios (particularly their inverses and square roots, such as 0.618 and 0.382) have been empirically observed to act as psychological focal points for mass market behavior. The script translates these geometric proportions into static coordinate thresholds, creating a structured, grid-based framework for evaluating the amplitude and potential exhaustion points of counter-trend market phases.
⚠️ Disclaimer
All provided scripts and indicators are strictly for educational exploration and must not be interpreted as financial advice or a recommendation to execute trades. I expressly disclaim all liability for any financial losses or damages that may result, directly or indirectly, from the reliance on or application of these tools. Market participation carries inherent risk where past performance never guarantees future returns, leaving all investment decisions and due diligence solely at your own discretion. Indicator
Polar Auto Fibonacci Pro - [Rehan Khanani]Polar AutoFib Pro
Polar AutoFib Pro is a professional all-in-one trading indicator that combines two powerful systems into a single clean overlay—a trend-following buy/sell signal engine and an automatic Fibonacci retracement tool. No need to juggle multiple indicators; everything you need is right here on the chart.
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HOW IT WORKS
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This indicator runs two engines simultaneously:
Engine 1 — PolarEdge Signal System
Generates high-probability Buy and Sell signals by combining three confirmations:
1. EMA 200 — The primary trend filter. When the price is above the EMA, the system looks for Buy setups. When the price is below, it looks for Sell setups. This keeps you trading with the dominant trend at all times.
2. Supertrend — A dynamic volatility-based band that confirms trend direction. The green band confirms bullish momentum; the red band confirms bearish momentum.
3. RSI (Relative Strength Index) — Used as a momentum trigger. A BUY signal fires when RSI crosses up from the oversold zone (default 30). A SELL signal fires when RSI crosses down from the overbought zone (default 70).
All three conditions must align simultaneously—this triple-confirmation logic filters out weak and false signals.
Engine 2 — Auto Fibonacci Retracement
Automatically detects the most recent swing high and swing low using pivot point calculations, then draws the complete Fibonacci retracement grid in real time — no manual drawing required.
The indicator identifies whether the last major pivot was a high or a low, determines the swing direction, and plots all key levels accordingly. When a new swing forms, the levels update automatically.
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FIBONACCI LEVELS INCLUDED
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0 / 0.236 / 0.382 / 0.5 / 0.618 / 0.786 / 1
1.618 / 2.618 / 3.618 / 4.236
Each level is independently toggleable with its own color control. You can show values as decimals or as percentages. Labels can be positioned on the left or right side of the chart. Line extension can be set to Left, Right, or Both directions.
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KEY FEATURES
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- Triple-confirmation Buy/Sell signals (EMA + Supertrend + RSI)
- Automatic Fibonacci retracement — no manual drawing needed
- Real-time swing detection using pivot high/low logic
- Dynamic trend background (subtle green/red shading behind candles)
- 11 fully customizable Fibonacci levels with individual color pickers
- Toggle each Fib level on/off independently
- Show prices and/or level values on labels
- Labels position: Left or Right
- Line extension: Left, Right, or Both
- Reverse Fib direction toggle
- Works on all assets: Forex, Crypto, Commodities, Indices, Stocks
- Works on all timeframes
- 6 built-in alert conditions (see Alerts section below)
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SETTINGS GUIDE
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Group 1 — PolarEdge Signal Settings
- Trend Baseline EMA: Period for the main trend filter (default 200)
- RSI Length: RSI calculation period (default 14)
- RSI Overbought Level: Sell trigger threshold (default 70)
- RSI Oversold Level: Buy trigger threshold (default 30)
- Show EMA 200: Toggle the EMA line on/off
- Show Supertrend Bands: Toggle the Supertrend lines on/off
Group 2 — Auto Fibonacci Settings
- Pivot Depth: Number of bars to look back for swing detection (default 10). Lower = more sensitive, Higher = fewer but stronger pivots
- Reverse Fib Direction: Flips the Fib measurement direction
- Extend Left / Right: Controls how far Fib lines extend on the chart
- Show Prices: Displays exact price on each level label
- Show Level Values: Displays the Fib ratio on each level label
- Level Format: Choose between decimal values or percentage display
- Labels Position: Place labels on the Left or Right side
Group 3 — Fibonacci Levels
- Toggle each of the 11 levels individually
- Customize the value and color of every level
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ALERT CONDITIONS (6 Total)
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1. BUY Alert — fires on every confirmed Buy signal
2. SELL Alert — fires on every confirmed Sell signal
3. Any Signal — fires on either Buy or Sell
4. Fib 0.618 Cross — price crosses the Golden Ratio level
5. Fib 0.5 Cross — price crosses the midpoint level
6. Fib 0.382 Cross — price crosses the key retracement level
To activate: click the alarm clock icon on the indicator, select your desired condition, and set your notification method.
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HOW TO USE
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Step 1 — Identify trend direction using the EMA 200 and the background color. Green background means bullish bias; red background means bearish bias.
Step 2 — Watch for a BUY or SELL label to appear. This confirms all three conditions (EMA, Supertrend, RSI) have aligned.
Step 3 — Use the automatically drawn Fibonacci levels to plan your entry, stop loss, and take profit targets. Common setups: enter near the 0.382 or 0.5 retracement, target the 0 or -0.236 extension, stop below the 0.618 or 0.786 level.
Step 4 — Set alerts on your preferred Fibonacci levels to be notified when price reaches key zones.
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RECOMMENDED TIMEFRAMES
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- Scalping: 1m, 5m, 15m
- Intraday: 30m, 1H
- Swing Trading: 4H, Daily
- Position Trading: Weekly
The indicator adapts to any timeframe automatically.
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DISCLAIMER
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This indicator is a technical analysis tool designed to assist in identifying potential trading opportunities. It does not guarantee future results. Always apply proper risk management and conduct your own analysis before entering any trade. Past signal performance is not indicative of future results. Indicator
ATR Fibonacci Trend Envelopes [BigBeluga]ATR Fibonacci Trend Envelopes is a professional-grade trend-following and mean-reversion framework. It combines the volatility-filtering power of Average True Range (ATR) with the mathematical precision of the Fibonacci Golden Ratio to define high-probability "buy/sell pockets" within an established trend.
Equipped with a live Multi-Timeframe (MTF) dashboard, this indicator allows traders to monitor trend alignment across four different time horizons simultaneously, ensuring that local entries are always supported by the broader market structure.
🔵 THE DUAL-ENGINE FRAMEWORK
Volatility-Adjusted Trend Engine: The indicator uses a customizable Moving Average (SMA, EMA, HMA, etc.) combined with an ATR multiplier to create dynamic envelopes. This filters out market noise and only signals a trend change when price decisively breaks the volatility boundary.
Dynamic Golden Pocket (0.618 - 0.786): Unlike static retracements, these Fibonacci levels are calculated relative to the current ATR envelope. The "Pocket" acts as a high-interest zone where price is expected to find support (in uptrends) or resistance (in downtrends).
Predictive Slope Projections: Using the current rate of change, the script projects the trend and Fibonacci levels into the future. This allows traders to visualize where "Value" will be in the coming bars, facilitating better trade planning and order placement.
🔵 CORE ARCHITECTURE
MTF Alignment Dashboard: A real-time table tracks the trend status and "Pocket" proximity across four timeframes. A "BULL" status combined with an "INSIDE" pocket signal across multiple timeframes indicates a high-confluence institutional setup.
Dynamic Transparency Feedback: The visual intensity of the Golden Pocket adapts based on price proximity. As price approaches the mid-point of the pocket, the colors become more saturated, providing an intuitive visual cue that the market is entering a high-probability reversal zone.
Momentum-Driven Basis: The trend baseline (1.0 level) acts as the ultimate anchor. As long as price remains above this volatility-adjusted line in a bullish regime, the trend is considered structurally sound.
🔵 FEATURES
Multi-MA Versatility: Choose from 5 different moving average types to calculate your trend basis, allowing the indicator to be tuned for slow-moving macro trends or fast-moving scalping setups.
Real-Time Level Labels: Clear, real-time labels (0.5, 0.618, 0.786, 1.0) on the right axis provide exact price targets and stop-loss anchors at a glance.
Customizable Projection Length: Adjust how far the indicator looks into the "future," allowing you to anticipate structural shifts before they occur on the chart.
Adaptive UI Positioning: The dashboard can be moved to any corner of the chart and scaled to match your screen resolution, ensuring it never interferes with your technical analysis.
🔵 STRATEGIC APPLICATION
The "Golden" Pullback: In a confirmed Bull trend (Cyan baseline), wait for price to enter the Dynamic Golden Pocket. Use the saturation of the baseFill color to identify the core of the value zone for a long entry.
MTF Confluence Trading: Only take trades when at least three timeframes on the dashboard show the same trend direction. If the 1H and 4H are "BULL" while the 15m enters the "INSIDE" pocket, you have a high-probability trend-continuation setup.
Volatility Breakouts: Monitor the distance between the baseline and the 0.5 Fib. When the ATR-based envelopes contract, a volatility breakout is imminent. A "⦿" label signal combined with a price cross of the 1.0 level marks the start of a new momentum cycle.
Dynamic Exit Planning: Use the projected 0.5 or 0.618 levels as trailing profit targets. Because these levels adjust for both price and volatility, they represent a mathematically "fair" area to take chips off the table.
ATR Fibonacci Trend Envelopes bridges the gap between classic technical analysis and modern volatility modeling. By combining MTF awareness with the natural pull of the Fibonacci ratios, it provides a clear, actionable map for navigating any market condition. Indicator
Adaptive Fibonacci Compass [JOAT]Adaptive Fibonacci Compass
Overview
Adaptive Fibonacci Compass is a dynamic, pivot-anchored Fibonacci retracement and extension system built in Pine Script v6. It continuously detects the most recent confirmed swing pivot pair, grades the pivot's ATR-normalised strength, checks for Break of Structure or Change of Character on the swing axis, then draws a live Fibonacci grid of seven standard levels (0, 0.236, 0.382, 0.5, 0.618, 0.786, 1.0) with fill-highlighted Optimal Trade Entry zones (OTE: 0.382–0.618 and 0.618–0.786) — all rendered at barstate.islast using the delete-before-create pattern for zero ghost-drawing artifacts.
Why Adaptive Fibonacci?
Static Fibonacci tools require manual anchor selection, which introduces subjectivity and results in different traders drawing the same move differently. Adaptive Fibonacci Compass removes this ambiguity by algorithmically detecting the pivot pair that defines the most recent significant swing and anchoring the grid there automatically. The grid updates whenever a new, stronger pivot forms — keeping the Fibonacci reference aligned with the current market structure without any manual intervention.
Pivot Detection and ATR Strength Grading
Swing pivots are detected using ta.pivothigh() and ta.pivotlow() with configurable left and right bar confirmation windows (default 10/10). When a new pivot forms, its ATR-normalised strength is computed:
Strength = (pivotHigh - pivotLow) / ATR(14)
This ratio grades the swing on a universal scale independent of price level or instrument. Pivots grading above a configurable minimum strength (default 1.5 ATR) are accepted as valid Fibonacci anchors. Smaller price structures that do not meet the threshold are ignored, preventing the grid from anchoring to noise.
BOS / CHoCH Detection on Pivot Axis
Each time a new pivot pair is accepted, the engine checks whether the new swing extreme exceeds the prior swing extreme of the same type:
- BOS Up: New swing high exceeds the previous swing high — structural expansion to the upside
- BOS Down: New swing low is below the previous swing low — structural expansion to the downside
- CHoCH: A swing extreme that forms against the prevailing structure — e.g., a new swing high forming when prior context was bearish
BOS and CHoCH labels are stamped at the pivot level to provide structural context for interpreting the Fibonacci grid.
Dynamic Fibonacci Grid (7 Levels)
The grid spans from the last confirmed swing low to the last confirmed swing high (for bullish pivots) or the reverse (for bearish pivots). Seven retracement levels are drawn as horizontal lines:
- 0.0 (swing origin) — white/neutral
- 0.236 — subtle grey
- 0.382 — teal (start of OTE zone)
- 0.5 — gold (midpoint)
- 0.618 — teal (end of deep OTE zone)
- 0.786 — purple
- 1.0 (swing extreme) — white/neutral
Each level label shows both the ratio and the exact price value.
Optimal Trade Entry (OTE) Fill Zones
Two fill zones are highlighted as semi-transparent boxes between specific Fibonacci levels, representing the confluence areas where institutional entries are statistically most concentrated:
- OTE 0.382–0.618: The standard OTE zone — the area of highest probability for pullback continuation trades
- OTE 0.618–0.786: The deep OTE zone — commonly used for higher-conviction reversal entries where the move has retraced deeply into the prior swing
Both zones are rendered with directional colour (teal for bullish swings, red for bearish swings) at 80–85% transparency.
Live Pivot Tracking and Grid Refresh
On every bar, the indicator tracks whether price is forming a new potential extreme beyond the current grid's anchor. When a new confirmed pivot qualifies (passes the ATR strength threshold), the previous grid is fully deleted (all lines, labels, and boxes) and rebuilt from the new anchor points. The delete-before-create pattern at barstate.islast ensures no duplicate or orphaned drawing objects accumulate over the session.
Inputs Reference
- Pivot Left Bars (10) — left confirmation bars for swing detection
- Pivot Right Bars (10) — right confirmation bars for swing detection
- Min ATR Strength (1.5) — minimum swing size in ATR units to accept as a valid anchor
- Show Fib Grid — toggles the full Fibonacci grid
- Show OTE Zones — toggles the 0.382–0.618 and 0.618–0.786 fill zones
- Show BOS / CHoCH Labels — toggles structural labels on pivot extremes
- Show Level Labels — toggles price and ratio annotations on each Fibonacci line
- Extend Lines (bars, default 30) — how far right the grid lines extend from the current bar
- Theme: Dark, Light, Auto
How to Use
1. Apply to any liquid market on any timeframe. The indicator needs at least (PivotLeft + PivotRight) * 3 bars to warm up.
2. The gold 0.5 level and teal 0.382/0.618 lines define the primary trade management area. In a confirmed uptrend, look for price to pull back into the OTE 0.382–0.618 zone with a bullish reaction for long entries.
3. The deep OTE 0.618–0.786 zone is valid for entries only in strong, high-momentum swings where the pullback is orderly and accompanied by decreasing volume.
4. Treat the 0.0 and 1.0 levels as structural extremes. A confirmed close beyond the 1.0 level triggers a new BOS and should cause the grid to reload on the next qualifying pivot.
5. Use BOS labels to confirm that the current Fibonacci swing direction aligns with the broader structural bias from a higher timeframe.
Non-Repainting Design
Pivots are only detected once the full right-bar confirmation period has elapsed. The grid is always anchored to confirmed historical pivots. No drawing is created based on the current in-progress bar. All grid refreshes occur at barstate.islast using confirmed pivot data.
Limitations
- The indicator anchors to the most recent qualifying pivot pair. In multi-week trends with no significant retracement, the grid may anchor to a very old pivot that is no longer contextually relevant.
- The minimum ATR strength filter helps but does not eliminate all noise pivots on highly volatile instruments. Increasing the threshold on crypto assets is recommended.
- Fibonacci levels are probabilistic reference zones, not guaranteed reversal or support/resistance levels. Confluence with other structure (OBs, PDH/PDL, volume profile POC) significantly increases their reliability.
- The grid does not account for higher-timeframe Fibonacci structures. Always check alignment with HTF pivots manually.
Disclaimer
This indicator is for educational and informational purposes only. Fibonacci retracements are historical price relationships and do not predict future market behaviour with certainty. Always use proper risk management and conduct your own analysis.
Made with passion by officialjackofalltrades
Indicator
Swing Fibonacci [BigBeluga]Swing Fibonacci is a high-precision geometric framework that merges traditional swing structure with parametric spiral projections. Unlike standard Fibonacci retracements that use static horizontal lines, this tool projects expanding harmonic spirals from major structural turning points to map out the "natural geometry" of the market.
By calculating the mathematical relationship between price volatility and time, the indicator identifies expansion shells where price is naturally inclined to react, stall, or reverse.
🔵 CONCEPTS
Macro Swing Detection: The engine utilizes a high-threshold lookback window (50–100 bars) to filter out market noise. It only identifies the most significant structural pivots, ensuring the spirals are anchored to "institutional" levels rather than minor retail fluctuations.
Anchor Points & Structural Mapping: At every confirmed trend reversal, the script anchors a ⦾ symbol. It then draws a solid "Swing Leg" connecting the current anchor to the previous one, providing a clear visual map of the market's structural transitions.
Parametric Fibonacci Spirals: The spirals are generated using a high-resolution 300-step parametric calculation. This ensures the curve remains perfectly smooth and mathematically accurate regardless of how many bars are on the screen.
Adaptive Price Normalization: To prevent the "squashed" look common in geometric tools, the spiral dynamically rescales itself based on the price range of the last 500 bars. This ensures the geometry stays proportional to current market volatility.
🔵 FEATURES
Institutional Data Dashboard: Located in the top-right corner, the dashboard provides real-time stats including the exact Anchor Price , the current Trend Status (BULLISH ▲ or BEARISH ▼), and the Swing % move from the low/high.
Real-Time Swing Tracking: A dynamic dashed line follows the current price, connecting it back to the active anchor point. This allows you to visualize the current "swing in progress" before it is finalized.
Parametric Control Suite:
• Radius: Adjusts the vertical "stretch" and overall size.
• Spiral Qty: Controls the number of rotations (up to 10) to project further into the future.
Color Flow Visualization: The spirals utilize a professional gradient transition from the bearish color (inner) to the bullish color (outer), visually representing the expansion of price energy.
🔵 HOW TO USE
Identify Reaction Zones: Price often treats the edges of the spiral curves as dynamic support and resistance. Look for "confluence" where a spiral curve intersects with a horizontal level or a previous swing point.
Forecasting Expansion:
• Bullish Spiral: Projects outward from a swing low, highlighting potential take-profit zones or areas where the trend might exhaust.
• Bearish Spiral: Projects from a swing high, identifying "expansion floors" for short positions.
Trend Confirmation: Use the Trend Squares at the bottom of the chart for a quick pulse on the current directional bias without cluttering the main price action.
Harmonic Timing: The spiral's horizontal reach provides a "time" component. If price reaches a specific spiral arc at a specific time, it often marks a high-probability turning point in the cycle.
🔵 CONCLUSION
Swing Fibonacci transforms abstract price action into a tangible geometric forecast. By anchoring dynamic, price-normalized spirals to the market’s strongest turning points, it provides a unique lens through which to view volatility, extension, and mean reversion.
Ideal for harmonic traders, swing analysts, and anyone looking for a deeper mathematical edge in their structural analysis. Indicator
ABCD Harmonic Projection [WillyAlgoTrader]📐 ABCD Harmonic Projection is an overlay indicator that automatically detects ABCD harmonic patterns from ZigZag pivots, validates them against Fibonacci ratio constraints (BC/AB retracement + CD/AB extension), scores each pattern with a 4-factor quality engine (0–100), projects the D-point completion zone, and draws Target and Stop zones with Fibonacci extension and retracement levels — with full TP/SL outcome tracking and separate bull/bear win rate statistics.
The ABCD pattern is one of the foundational harmonic structures: four alternating swing points (A→B→C→D) where the BC leg retraces a Fibonacci portion of the AB leg, and the CD leg extends from C toward a projected D-point that is a Fibonacci ratio of the AB leg. When price reaches the D-point, the pattern completes — and a reversal or continuation move is expected. This indicator automates the entire detection-to-target workflow: find the swings, measure the ratios, validate the geometry, project the target, and track the outcome.
🧩 WHY THESE COMPONENTS WORK TOGETHER
Manually identifying ABCD patterns requires eyeballing four pivot points, measuring two Fibonacci ratios, estimating the D-point projection, and drawing the target zone — across multiple instruments and timeframes. Most traders miss patterns or miscalculate ratios.
This indicator chains each step into an automated pipeline:
ZigZag pivot detection → 4-point ABCD extraction → BC/AB ratio validation → CD/AB extension calculation → D-point projection → 4-factor quality scoring → Target Zone + Stop Zone placement → Fibonacci extension/retracement overlay → TP/SL outcome tracking → Win rate statistics
The ZigZag engine ensures only confirmed alternating swings are used (no noise pivots). The ratio validation filters patterns to only those within Fibonacci-valid ranges. The quality scoring ranks patterns by how close they are to ideal geometry. The D-point projection gives a specific price target — not a vague area. And the Target/Stop zones provide precise trade management levels anchored to the pattern's own geometry.
🔍 WHAT MAKES IT ORIGINAL
1️⃣ ZigZag pivot engine with direction management.
The indicator uses a directional ZigZag that enforces strict alternation: after a swing high, only a swing low is accepted (and vice versa). If price makes a higher high during an existing up-leg, the previous swing high is updated in place (not duplicated). This prevents the common problem of multiple consecutive highs being treated as separate pivots.
Pivots are detected using ta.pivothigh/ta.pivotlow with configurable lookback (default 8 bars). The ZigZag stores prices, bar indices, and directions in parallel arrays — providing the last 200 pivots for pattern scanning.
2️⃣ Fibonacci-validated ABCD pattern detection.
When a new pivot is confirmed and at least 4 pivots exist, the indicator extracts the most recent A, B, C points and validates:
— BC/AB retracement ratio : must be between minBcAbRatio (default 0.382) and maxBcAbRatio (default 0.886). Classic ABCD ratios are 0.382, 0.500, 0.618, 0.786, and 0.886. Patterns outside this range are rejected.
— ATR minimum swing filter : the AB leg must be at least 1× ATR in size — filtering out noise patterns during low-volatility bars.
— Minimum leg depth : AB must span at least 3 bars — ensuring the pattern has temporal structure, not just a single spike.
Pattern direction: if B > A → bullish ABCD (D projected above C). If B < A → bearish ABCD (D projected below C).
The D-point is projected from C using the average of the configurable CD/AB ratio range: projectedD = C + direction × |AB| × avgCdAbRatio.
3️⃣ 4-factor pattern quality scoring (0–100).
Each detected pattern receives a quality score from four dimensions:
— 📐 Fibonacci precision (45 pts) : how close BC/AB is to the nearest standard Fibonacci level (0.382, 0.500, 0.618, 0.786, 0.886, 1.000, 1.272, 1.618). Exact Fib ratio = full points. 0.05 away = partial. 0.18+ away = zero. This is the most heavily weighted factor because Fibonacci alignment is the core of harmonic pattern validity.
— ⏱️ Time symmetry (25 pts) : the ratio of estimated CD bars to AB bars. Perfect symmetry (CD bars = AB bars) = 25 points. Asymmetric patterns (one leg much longer) score lower.
— ⚖️ Price symmetry (20 pts) : BC retracement depth relative to 0.618 — deeper retests (closer to 0.618) score higher. Very shallow pullbacks (e.g., 0.236) receive fewer points.
— 📏 Leg maturity (10 pts) : AB leg length in bars — patterns with 8+ bars get full points, 5+ get 7, 3+ get 3. Single-bar spikes score zero.
Patterns below the Min Pattern Score threshold (default 40) are not displayed.
4️⃣ Fibonacci extension levels projected from C.
Four AB extension levels are drawn from point C in the direction of the pattern:
— 0.786 × |AB| — shallow completion
— 1.000 × |AB| — classic equal-leg ABCD
— 1.272 × |AB| — extended completion
— 1.618 × |AB| — maximum extension
The 1.0 level is drawn thicker (2px, less transparency) as it represents the ideal equal-leg completion. Each level includes a price label. Additionally, the measured BC/AB retracement ratio is displayed at the midpoint of the BC leg for reference.
5️⃣ Fibonacci retracement levels within C→D (partial TP targets).
For active patterns, three retracement levels are drawn between C and the projected D:
— 0.382 of CD range — first partial profit target
— 0.500 of CD range — mid-target
— 0.618 of CD range — aggressive partial take
These provide natural exit levels before the full D-point is reached — useful for scaling out of positions progressively.
6️⃣ Target Zone + Stop Zone with geometric sizing.
On each pattern:
— TARGET ZONE : a band around the projected D-point, sized at 10% of the CD range. For bullish patterns: the zone sits just below D. For bearish: just above D. This is where the pattern completion trade expects to reach profit.
— STOP ZONE : a band around point C, also sized at 10% of CD range. For bullish patterns: below C. For bearish: above C. If price returns past C, the pattern structure is broken.
Both zones extend rightward until price touches the target zone (tracked by touch bar), or the pattern resolves (TP/SL hit). Zones use distinct colors: green for target, red for stop.
7️⃣ TP/SL outcome tracking with separate bull/bear statistics.
Each active pattern monitors:
— TP hit : price reaches the projected D-point (high ≥ D for bull, low ≤ D for bear)
— SL hit : price returns past C against the pattern direction (low ≤ C for bull, high ≥ C for bear)
— Simultaneous TP+SL on the same bar → resolved as loss (conservative)
On TP hit: R:R is calculated as |entry to TP| / |entry to SL| and accumulated. The dashboard shows separate bull and bear win rates with average R:R on wins.
8️⃣ Active-only display mode.
When "Show Active Only" is enabled (default), completed patterns (TP or SL already hit) are hidden — only the current live pattern remains on the chart. When disabled, up to maxPatterns historical patterns are shown for context. This prevents chart clutter while maintaining full statistical tracking.
9️⃣ One-active-pattern constraint.
The indicator only allows one active pattern at a time. When an active pattern exists (status = 0), no new patterns are detected. This prevents overlapping projections and conflicting zones. A new pattern can only be detected after the current one resolves (TP or SL).
⚙️ HOW IT WORKS — CALCULATION FLOW
Step 1 — ZigZag: Directional pivot detection with alternation enforcement. Higher highs update existing swing (no duplicate). Lower lows same. Pivots stored in parallel arrays.
Step 2 — Pattern extraction: On each new confirmed pivot: extract A (3rd-to-last), B (2nd-to-last), C (latest). Compute AB length, BC length, BC/AB ratio.
Step 3 — Validation: BC/AB within Fibonacci range? AB ≥ ATR? AB ≥ 3 bars? No active pattern already?
Step 4 — Scoring: 4 factors: Fibonacci precision (45), time symmetry (25), price symmetry (20), leg maturity (10). Score ≥ minScore → pattern accepted.
Step 5 — Projection: D = C + direction × |AB| × avgCdAbRatio. Bars capped at maxBarsProjection.
Step 6 — Drawing: On barstate.islast: delete-and-redraw all visible patterns. AB and BC legs as solid lines. CD projection as dotted. A/B/C/D labels. Score label. Target/Stop zones as boxes. Fib extension and retracement levels as dashed lines with price labels.
Step 7 — Evaluation: Each bar: check all active patterns for TP/SL hits. Update status, accumulate win/loss stats, record R:R.
📖 HOW TO USE
🎯 Quick start:
1. Add the indicator — ABCD patterns appear automatically as colored leg lines with A/B/C/D labels
2. Yellow dotted line from C = projected path to D
3. Green "TARGET ZONE" box = where price should reach (take profit)
4. Red "STOP ZONE" box = where the pattern is invalidated (stop loss)
5. Blue dashed lines = Fibonacci extension levels (0.786, 1.0, 1.272, 1.618)
6. Blue dotted lines = partial TP targets (0.382, 0.5, 0.618 of CD)
7. "Long"/"Short" label = confirmed entry signal
👁️ Reading the chart:
— 🟢 Green legs + labels = bullish ABCD (D above C, expecting up-move)
— 🔴 Red legs + labels = bearish ABCD (D below C, expecting down-move)
— 🟡 Dotted projection line = expected path C → D
— 🟢 "TARGET ZONE" box = profit target area around projected D
— 🔴 "STOP ZONE" box = invalidation area around C
— 🔵 Dashed lines = Fib extension levels from C (0.786/1.0/1.272/1.618 of AB)
— 🔵 Dotted lines = CD retracement levels (partial TPs: 0.382/0.5/0.618)
— Score label (e.g., "72%") = pattern quality
📊 Dashboard fields:
— Patterns: active / total count
— Last Signal: direction + status (Active/TP ✓/SL ✗) + score
— Bull W/L: wins/losses and win rate for bullish patterns
— Bear W/L: wins/losses and win rate for bearish patterns
— Avg R:R: average reward-to-risk on winning bull/bear trades
— ATR: current value for reference
— Timeframe, version
🔧 Tuning guide:
— Too many patterns: increase ZigZag Length (12–21), increase Min Score (60+), enable ATR filter
— Too few patterns: decrease ZigZag Length (5–8), decrease Min Score (30), widen BC/AB ratio range
— Patterns too small: increase ATR filter or ZigZag Length
— Want only perfect geometry: narrow BC/AB to 0.500–0.786, set CD/AB to 0.9–1.1, Min Score 70+
— Extended patterns: set Max CD/AB to 1.618 or higher
⚙️ KEY SETTINGS REFERENCE
⚙️ Main:
— ZigZag Length (default 8): pivot detection lookback
— Pivot Sources : configurable high/low sources
📐 Pattern:
— Min/Max BC/AB Ratio (default 0.382/0.886): Fibonacci retracement range
— Min/Max CD/AB Ratio (default 0.786/1.618): extension range for D projection
— Min Pattern Score (default 40): quality threshold
— ATR Filter (default On): minimum swing size
— Max Patterns (default 3): display limit
— Active Only (default On): hide completed patterns
🎨 Visual:
— Buy/Sell signals, D projection, Fib levels, TP/SL zones, A/B/C/D labels, score (all toggleable)
— Auto / Dark / Light theme
🔧 Advanced:
— Max Bars for D Projection (default 200): limits distant projections
🔔 Alerts
— 🟢 LONG ABCD / 🔴 SHORT ABCD — entry, TP, SL, score, pattern type
All support plain text and JSON webhook format. Bar-close confirmed.
⚠️ IMPORTANT NOTES
— 🚫 No repainting. All signals require barstate.isconfirmed and newPivot (confirmed ZigZag pivot). Patterns are detected after the pivot bar closes. Drawings are rendered on barstate.islast using delete-and-redraw — previous bar's pattern state is final.
— 📐 The ZigZag enforces strict alternation : high → low → high → low. If price makes a higher high during an existing up-swing, the previous high is updated in place — no duplicate pivots are created. This is essential for correct A/B/C/D extraction.
— ⚖️ Only one active pattern is allowed at a time. New patterns are blocked until the current one resolves (TP or SL). This prevents conflicting signals and overlapping zones.
— 📊 The quality score is heavily weighted toward Fibonacci precision (45 out of 100 points). A pattern with BC/AB exactly at 0.618 scores much higher than one at 0.450. This reflects the harmonic principle that Fibonacci alignment is the primary measure of pattern validity.
— 🔒 Simultaneous TP+SL on the same bar is resolved as a loss (conservative) . This prevents ambiguous outcomes from inflating win rates.
— 📏 The D-point projection uses the average of the min/max CD/AB ratio range — not the exact 1.0 (equal legs). With default settings (0.786–1.618), the projected D is at 1.202× AB from C — between classic and extended. Adjust the CD/AB range to target specific completion types.
— 🛠️ This is a harmonic pattern detection and projection tool , not an automated trading bot. It identifies ABCD geometry, projects D-point targets, and provides structured trade zones — trade decisions remain yours.
— 🌐 Works on all markets and timeframes. Indicator
Fibonacci Structure Engine [WillyAlgoTrader]📐 Fibonacci Structure Engine is an overlay indicator that combines automatic Fibonacci retracement from live market structure with Smart Money Concepts (BOS/CHoCH detection), weighted confluence scoring, premium/discount zone classification, and context-filtered engulfing pattern entries — creating a complete structure-to-Fibonacci-to-entry workflow where every component feeds into the next.
The core idea: Fibonacci levels are only meaningful when drawn from the correct swing points. This indicator automates the entire process: it detects swing highs/lows with ATR-filtered pivot detection, identifies structure breaks (BOS) and trend reversals (CHoCH), anchors Fibonacci retracement levels from the structure-defined swing, trails the live edge as price extends, locks it when a confirmed pivot arrives, scores the confluence between current price and Fibonacci levels, and generates entry signals when engulfing patterns occur at high-confluence zones in the correct structural context.
Most Fibonacci tools on PulseWire require manual drawing — you select the swing high and low, and the levels appear. The problem: selecting the wrong swing, forgetting to update after a new structure break, or drawing from a minor swing that doesn't reflect the current trend leg. This indicator solves all three: the Fibonacci anchors update automatically on every structure break, trail the live edge as price extends, and lock when a confirmed pivot arrives — always reflecting the most relevant swing for the current market structure.
🧩 WHY THESE COMPONENTS WORK TOGETHER
Fibonacci retracement levels alone are static S/R lines. Structure detection alone tells you trend direction. Engulfing patterns alone fire everywhere. Confluence scoring alone has nothing to score against.
This indicator chains them into a dependency pipeline:
ATR-filtered swing detection → HH/HL/LH/LL classification → BOS/CHoCH structure breaks → Fibonacci anchor from structure swing → Live edge trailing + pivot locking → Fib level calculation → Confluence scoring (price vs Fib levels) → Premium/Discount zone classification → Engulfing pattern detection in structural context → Entry signal with cooldown
The swing detection feeds the structure engine — without confirmed pivots, no BOS/CHoCH can fire. The structure breaks anchor the Fibonacci levels — without a break, there's no swing to draw from. The Fibonacci levels feed the confluence scorer — without levels, there's nothing to score proximity against. The confluence score plus the premium/discount zone filter the engulfing patterns — without context, engulfing patterns produce too many false entries. And the signal cooldown prevents clustering from this entire chain.
Removing the structure detection breaks the Fibonacci anchoring. Removing the ATR filter floods the structure with noise swings. Removing the confluence scoring allows entries at non-Fibonacci prices. Removing the premium/discount filter allows bullish entries in premium (where sells should occur). Each component eliminates a specific failure mode.
🔍 WHAT MAKES IT ORIGINAL
1️⃣ Structure-anchored Fibonacci with live edge trailing.
The Fibonacci engine uses a 4-phase lifecycle:
Phase 1 — Anchor on structure break: When a BOS or CHoCH is detected:
— Bullish break: top = current high (live, will trail), bottom = most recent swing low (locked)
— Bearish break: bottom = current low (live, will trail), top = most recent swing high (locked)
This instantly draws Fibonacci levels from the break point.
Phase 2 — Trail live edge: As price extends beyond the initial break, the live edge (top for bull, bottom for bear) updates to the new extreme. Fibonacci levels recalculate continuously to reflect the current move. This captures the full extent of the breakout without waiting for a pivot confirmation.
Phase 3 — Lock on pivot: When a confirmed swing high (for bullish trailing) or swing low (for bearish trailing) is detected by the pivot engine, the live edge locks to that confirmed pivot. The Fibonacci levels stop updating and represent the confirmed swing range.
Phase 4 — Update on new swings: When a new confirmed swing arrives that differs from the current locked anchor, the Fibonacci levels update to the new structure — always reflecting the most recent confirmed swing.
This lifecycle means the Fibonacci levels are always relevant: immediately reactive after a break (phases 1–2), then structurally confirmed once a pivot is detected (phases 3–4).
2️⃣ ATR-filtered pivot detection with noise suppression.
Standard ta.pivothigh/ta.pivotlow detects every local extreme, including minor fluctuations that don't represent real swing points. The ATR filter requires:
— For a swing high: the distance from the pivot high to the most recent swing low ≥ ATR × multiplier (default 0.5)
— For a swing low: the distance from the most recent swing high to the pivot low ≥ ATR × multiplier
This ensures only swings of meaningful size (relative to current volatility) are used for structure detection and Fibonacci anchoring. The multiplier is configurable: lower (0.2–0.3) for more granular structure, higher (0.8–1.0) for only major swings.
3️⃣ BOS / CHoCH structure detection with bias tracking.
The indicator tracks a persistent structureBias variable (+1 bullish, −1 bearish, 0 neutral):
— BOS (Break of Structure) : close breaks above the most recent swing high while bias is already bullish (or below swing low while already bearish) — trend continuation
— CHoCH (Change of Character) : close breaks above swing high while bias was bearish, or below swing low while bias was bullish — trend reversal
Each break requires: barstate.isconfirmed + the swing level hasn't been broken before (tracked via lastBrokenHigh/lastBrokenLow). Structure lines are drawn from the swing point to the break bar with configurable style (solid/dashed/dotted) and width.
4️⃣ Weighted confluence scoring (0–100).
The indicator measures how close the current price is to each Fibonacci level (within ATR × tolerance) and assigns weights by Fib importance:
— 0.236 → weight 1.0 (minor level)
— 0.382 → weight 1.5 (shallow retracement)
— 0.500 → weight 2.0 (equilibrium)
— 0.618 → weight 2.5 (golden ratio — highest weight)
— 0.786 → weight 1.5 (deep retracement)
Swing highs/lows within tolerance add +1.0 each. Total weight × 10 = confluence score (capped at 100). Classification: Strong (≥ 60), Moderate (≥ 30), Weak (> 0), None (0).
The tolerance is ATR-based (default 0.3× ATR) — on a volatile instrument, the "near" zone expands proportionally. On a quiet instrument, it tightens. This prevents false confluence readings from both too-tight and too-loose proximity checks.
5️⃣ Premium / Discount zone classification.
Using the 0.500 Fibonacci level as the equilibrium:
— Premium : close > Fib 0.500 — price is above equilibrium (expensive relative to the swing)
— Discount : close ≤ Fib 0.500 — price is below equilibrium (cheap relative to the swing)
This classification is used as a context filter for engulfing patterns: bullish engulfing patterns are only marked when price is in discount or at a confluence zone. Bearish engulfing patterns are only marked in premium or at a confluence zone. This prevents the most common engulfing failure mode: bullish patterns at the top of a range and bearish patterns at the bottom.
6️⃣ Context-filtered engulfing pattern detection.
The engulfing pattern detection requires:
— Current candle body > EMA(body, 14) — above-average body size (not a doji)
— Previous candle body < EMA(body, 14) — smaller previous candle (setup for engulf)
— Current candle fully engulfs previous candle's body
— Context filter: in premium/discount zone OR confluence weight ≥ 1.5
Bearish engulfing (▼): marked when price is in premium or near a Fib level — a reversal pattern at resistance. Bullish engulfing (▲): marked when price is in discount or near a Fib level — a reversal pattern at support.
7️⃣ Dual-path entry signals with cooldown.
Two entry paths:
— Engulfing + Structure + Confluence : engulfing pattern in context + structure bias aligned + confluence weight ≥ 1.5
— CHoCH (trend reversal) : any confirmed CHoCH — strong reversal signal, no additional confluence required
Both paths subject to signal cooldown (default 5 bars) to prevent clustering. Buy/Sell signals are displayed as labels (off by default — enable in Visual Settings).
8️⃣ Golden Zone + Target Zone visualization.
Two highlighted zones drawn as semi-transparent boxes:
— Golden Zone (0.500 – 0.786): the highest-probability retracement area. Where most retests find support/resistance.
— Target Zone (−0.500 – −0.618): the Fibonacci extension target for the next leg. Where price typically reaches after a confirmed retracement entry.
Both zones extend rightward by the configurable extension (default 20 bars) and update with Fibonacci level changes.
9️⃣ Seven configurable Fibonacci levels.
Individually toggleable: 0.236, 0.382, 0.500, 0.618, 0.786, −0.500, and Target (−0.618). Each drawn with distinct line styles — 0.618 is the thickest and most opaque (golden ratio emphasis), 0.236 is the thinnest (minor level). A dotted reference line connects the swing low to swing high showing the measured move.
⚙️ HOW IT WORKS — CALCULATION FLOW
Step 1 — Pivot detection: ta.pivothigh/ta.pivotlow with configurable lookback. ATR filter removes minor swings (swing size must exceed ATR × multiplier).
Step 2 — Swing tracking: Most recent two swing highs and two swing lows stored with bar indices. Each new swing is compared to previous → HH/HL/LH/LL classification.
Step 3 — Structure detection: Close breaks above swing high → BOS (if bias already bullish) or CHoCH (if bias was bearish). Same logic inverted for bearish breaks. Structure bias updated.
Step 4 — Fibonacci anchoring: On break → live edge set at current extreme, locked edge at swing. Live edge trails with price. Locks when confirmed pivot arrives. Updates on new swings.
Step 5 — Level calculation: fibLevel = swingHigh − (swingHigh − swingLow) × ratio for each ratio. Extension targets use negative ratios.
Step 6 — Confluence scoring: For each Fib level, check if |close − level| ≤ ATR × tolerance. Add weighted score. Include swing level proximity. Cap at 100.
Step 7 — Entry logic: Path A: engulfing in context + bias + confluence ≥ 1.5. Path B: CHoCH. Both respect cooldown.
📖 HOW TO USE
🎯 Quick start:
1. Add the indicator — Fibonacci levels and structure labels appear automatically
2. HH/HL/LH/LL labels show market structure
3. BOS/CHoCH labels show structure breaks and reversals
4. Yellow-shaded Golden Zone (0.500–0.786) = highest-probability retracement area
5. ▲/▼ arrows = engulfing patterns in structural context
6. Enable Buy/Sell Signals in Visual Settings for entry labels
👁️ Reading the chart:
— 🟢 HH / HL labels = bullish structure (higher highs, higher lows)
— 🔴 LH / LL labels = bearish structure (lower highs, lower lows)
— 🟢 "BOS" line + label = bullish break of structure (continuation)
— 🔴 "BOS" line + label = bearish break of structure
— 🟢🔴 "CHoCH" = Change of Character (trend reversal)
— 🔵 Horizontal lines = Fibonacci levels (0.236–0.786)
— 🟡 Shaded box (upper) = Golden Zone (0.500–0.786)
— 🟡 Shaded box (lower) = Target Zone (−0.500 to −0.618)
— 🟢 ▲ = bullish engulfing in discount / Fib zone
— 🔴 ▼ = bearish engulfing in premium / Fib zone
— 🟢 "BUY" / 🔴 "SELL" = confirmed entry signals (when enabled)
🔧 Tuning guide:
— Too many structure labels: increase Swing Length (12–20) or increase ATR Multiplier (0.7–1.0)
— Missing swings: decrease Swing Length (5–8) or decrease ATR Multiplier (0.2–0.3)
— Confluence too strict: increase Confluence ATR Tolerance (0.4–0.5)
— Too many engulfing signals: they self-filter by premium/discount — increase ATR Filter to reduce swing count
— Signal clustering: increase Signal Cooldown (8–15 bars)
⚙️ KEY SETTINGS REFERENCE
⚙️ Main:
— Swing Detection Length (default 10): pivot lookback — higher = larger swings
— ATR Swing Filter (default On): minimum swing size as ATR multiple
— ATR Filter Multiplier (default 0.5): how large swings must be
— Signal Cooldown (default 5): bars between consecutive signals
📐 Fibonacci:
— Show Fibonacci Levels (default On)
— Fib Extension Bars (default 20): rightward line extension
— Individual level toggles : 0.236 (off), 0.382, 0.500, 0.618, 0.786, −0.5, Target −0.618
— Confluence ATR Tolerance (default 0.3): proximity threshold
🏗️ Structure:
— BOS / CHoCH (default On): show structure break lines and labels
— Swing Labels (default On): HH/HL/LH/LL on pivots
— Engulfing Signals (default On): context-filtered patterns
🎨 Visual:
— Buy/Sell Signals (default Off): enable for entry labels
— Structure line style (Solid/Dashed/Dotted) and width (1–4)
— Auto / Dark / Light theme
🔔 Alerts
— 🟢 BUY / 🔴 SELL — ticker, price, TF, confluence score, SL, TP
— 🔵 BOS — structure break with direction
— 🟡 CHoCH — trend reversal with direction
All support plain text and JSON webhook format. Bar-close confirmed.
⚠️ IMPORTANT NOTES
— 🚫 No repainting. All structure breaks and signals require barstate.isconfirmed. Pivot detection uses equal left/right lookback (swingLen/swingLen) — pivots are confirmed swingLen bars after the actual high/low. Fibonacci levels update on confirmed pivots and structure breaks only.
— 📐 The Fibonacci anchor system has two states per edge: live and locked . A live edge trails with price (capturing the full move after a break). A locked edge is confirmed by a pivot. You'll see the Fibonacci levels shift on bar close as the live edge updates — this is by design, not repainting. Once the pivot locks, levels stabilize.
— ⚖️ The 0.618 level carries the highest confluence weight (2.5) because it is the golden ratio — the most statistically significant Fibonacci retracement level. The 0.500 carries weight 2.0, while the extreme levels (0.236, 0.786) carry 1.0–1.5.
— 📊 Buy/Sell signals are off by default . The indicator is designed primarily as a structure + Fibonacci analysis tool. Enable signals in Visual Settings when you want automated entry detection.
— 🔄 CHoCH signals do not require confluence — they represent a structural trend reversal, which is inherently a high-conviction event. Engulfing-based entries require confluence weight ≥ 1.5 + correct structural bias.
— 📏 The Golden Zone (0.500–0.786) is the area where most successful retests occur . The Target Zone (−0.500 to −0.618) is the area where the next impulse leg typically reaches. Both are highlighted with semi-transparent boxes.
— 🛠️ This is a structure analysis and Fibonacci visualization tool , not an automated trading bot. It maps market structure, draws Fibonacci levels, scores confluence, and identifies high-probability entry zones — trade decisions remain yours.
— 🌐 Works on all markets and timeframes. Indicator
Automatic Fibonacci Levels [WillyAlgoTrader]Automatic Fibonacci Levels is an overlay indicator that detects the dominant swing high and swing low within the visible chart area, draws a full Fibonacci retracement and extension grid between them, highlights the Optimal Trade Entry (OTE) zone at 61.8%–78.6%, marks a target zone at the −50% to −61.8% extension, and labels four take-profit levels — all updating automatically as you scroll or zoom the chart.
Most Fibonacci tools on PulseWire are either manual (you draw them yourself and they become stale as price evolves) or pivot-based (anchored to a fixed lookback period that may not match the swing you're actually looking at). This indicator takes a different approach: it uses the visible chart range as its context. It finds the highest high and lowest low within what you can currently see, determines trend direction based on which came first, and draws the full Fibonacci grid accordingly. When you scroll or zoom to a different area, the grid adapts — making it a dynamic analysis companion rather than a static drawing tool.
🔍 WHAT MAKES IT ORIGINAL
1. Visible-range swing detection. Instead of using a fixed pivot lookback or requiring manual anchor placement, the indicator scans the chart's visible window (chart.left_visible_bar_time to chart.right_visible_bar_time) to find the absolute high and low. This means the Fibonacci grid always reflects the swing structure you are currently analyzing. Zoom into a 50-bar range to see intraday retracements; zoom out to 500 bars to see the macro structure — the grid adjusts automatically. When the visible range changes (scroll or zoom), swing detection resets and recalculates.
2. Automatic trend direction from swing sequence. The indicator determines bullish or bearish bias by comparing when the swing low and swing high occurred. If the swing low formed first and the swing high formed later, the trend is classified as bullish (retracement levels are drawn down from the high, extensions project upward). If the swing high came first, the trend is bearish (retracement down from the low, extensions project downward). No manual input is needed — the grid orientation follows the price structure.
3. OTE Entry Zone + Target Zone as highlighted boxes. Two key zones are highlighted with semi-transparent boxes:
— Entry Zone (61.8%–78.6%) : the Optimal Trade Entry area from ICT/SMC methodology — the deep retracement zone where institutional re-entry is most likely
— Target Zone (−50% to −61.8%) : the extension zone where breakout moves frequently reach
Both zones have configurable colors and optional text labels ("ENTRY ZONE" / "TARGET ZONE") inside them. Zone-touch alerts fire when price enters either box for the first time.
4. Four labeled take-profit levels. TP labels are placed at key Fibonacci levels to provide a structured scale-out framework:
— TP1 at 38.2% (first retracement target — conservative exit)
— TP2 at 0% (full swing retest — swing high in uptrend, swing low in downtrend)
— TP3 at −27.2% (first Fibonacci extension)
— TP4 at −61.8% (deep extension — runner target)
Each TP level is only displayed if the corresponding Fibonacci line is enabled, keeping the chart clean.
5. 16 individually toggleable levels. The indicator supports a comprehensive set of levels: 0%, 23.6%, 38.2%, 50%, 61.8%, 70.6%, 78.6%, 100% (standard retracements), plus 18%, 150%, 200% (deep retracements), and −18%, −27.2%, −50%, −61.8%, −100% (extensions). Each level can be toggled on or off independently, so you can configure exactly the grid density you prefer — from a minimal 4-level setup to a full 16-level deep analysis.
⚙️ HOW IT WORKS
Swing detection:
On every bar, the script checks whether the current bar falls within the chart's visible time window (using chart.left_visible_bar_time and chart.right_visible_bar_time). Within this window, it tracks the highest high and lowest low, along with their bar indices. When the visible window changes (scroll/zoom), all swing data resets and recalculates from scratch. This ensures the grid always reflects your current view.
Trend direction:
If swingLowBarIdx < swingHighBarIdx (low came first), the trend is classified as bullish — Fibonacci levels count downward from the swing high (0% = high, 100% = low), and extensions project above the high. If the high came first, the trend is bearish — levels count upward from the swing low, extensions project below.
Level calculation:
Each Fibonacci level is calculated as: price = anchor ± (swingRange × ratio), where the anchor and direction depend on the trend bias. For a bullish trend: 0% = swingHigh, 61.8% = swingHigh − range × 0.618, −50% = swingHigh + range × 0.5. For bearish: mirrored.
Zone detection:
The Entry Zone (61.8%–78.6%) and Target Zone (−50% to −61.8%) are computed as price ranges. On each confirmed bar, the script checks if the close falls within either zone. A zone-touch alert fires on the first confirmed bar inside the zone (no repeated alerts while price stays in the zone). The inEntryZone / inTargetZone state resets when price leaves, allowing re-entry detection.
Drawing:
All visual elements (lines, labels, boxes) are drawn on barstate.islast and cleaned up on each redraw to prevent accumulation. Lines extend from 2 bars before the current bar to the label offset position. Zones use extend.right so they remain visible as new bars form.
📖 HOW TO USE
Reading the chart:
— Orange horizontal lines = Fibonacci levels (retracement + extensions)
— Optional % labels next to each line = level identification
— Gold semi-transparent box = Entry Zone (61.8%–78.6% OTE)
— Gold semi-transparent box with "TARGET ZONE" = extension target (−50% to −61.8%)
— TP1–TP4 labels = structured take-profit levels
— Optional diagonal line = swing connection (low-to-high or high-to-low)
Suggested workflow:
— Zoom to the swing you want to analyze — the grid adapts automatically
— In a bullish trend: look for buy entries when price retraces into the Entry Zone (61.8%–78.6%), with stop loss below 100% (swing low), targeting TP1 (38.2%) → TP2 (0% / swing high) → TP3 (−27.2%) → TP4 (−61.8%)
— In a bearish trend: look for sell entries when price retraces up into the Entry Zone, stop above swing high, targeting downward extensions
— Use the dashboard to confirm trend direction and monitor whether price is currently in the Entry or Target zone
— Set alerts for zone touches to get notified when price reaches OTE or target levels without watching the chart
Customization tips:
— For a clean chart: enable only 0%, 61.8%, 78.6%, 100%, −27.2%, −61.8% — this gives you the OTE boundaries, swing anchors, and two extension targets
— For deep analysis: enable all 16 levels to see the full Fibonacci structure
— Adjust Label Offset to move level labels further right if your chart is crowded
— Toggle Show Diagonal Swing Line to visually confirm which high/low pair is being used
⚙️ KEY SETTINGS REFERENCE
— Show All Elements (default On): master toggle for all Fibonacci visuals
— Line Width (default 1): thickness of Fibonacci lines (1 = subtle, 5 = bold)
— Line Style (default Dashed): solid, dashed, or dotted
— Label Offset (default 17 bars): how far right of the last bar to place labels
— Individual Levels : 16 toggleable levels from 200% to −100%
— Show Entry Zone (default On): highlight the 61.8%–78.6% OTE box
— Show Target Zone (default On): highlight the −50% to −61.8% extension box
— Show Text in Zones (default On): display "ENTRY ZONE" / "TARGET ZONE" labels
— Show TP Labels (default On): display TP1–TP4 at key levels
— Show Level % Labels (default Off): display percentage text next to each line
📊 Dashboard
The info panel displays:
— Trend direction (Bullish / Bearish) based on swing sequence
— Signal status (Entry Zone / Target Zone / —) when price enters a key zone
— Swing range in price units
— Current timeframe and indicator version
🔔 Alerts
Two alert conditions (each fires once per zone entry on bar close):
— Entry Zone touch : price closes inside the 61.8%–78.6% retracement zone
— Target Zone touch : price closes inside the −50% to −61.8% extension zone
Both support standard text and JSON webhook format.
⚠️ IMPORTANT NOTES
— This indicator anchors to the visible chart range — it recalculates when you scroll or zoom. This is a feature, not a bug: it lets you analyze any swing by simply framing it on your screen. However, it means the grid will change if you move the chart.
— Fibonacci levels are not predictive — they are reference points based on the measured swing range. Price may or may not react at any given level.
— The Entry Zone (61.8%–78.6%) is derived from the OTE concept used in ICT/SMC methodology. It represents a high-probability retracement area, but no retracement zone guarantees a reversal.
— Zone alerts require bar-close confirmation and fire once per entry — they do not repeat while price remains in the zone.
— Works across all asset classes and timeframes. No volume data required. Indicator
Gann-Fibonacci Swing Toolkit [BigBeluga]🔵 OVERVIEW
Gann–Fibonacci Swing Toolkit is an advanced swing-based projection tool that combines classic Gann geometry with Fibonacci ratios.
The indicator automatically detects market swings, anchors them to the most recent structure, and dynamically plots either Gann Fans or Gann Boxes to visualize price–time relationships, trend angles, retracement zones, and expansion targets.
This toolkit is designed to help traders understand not only where price may react, but also how fast it should move relative to time.
🔵 HISTORICAL BACKGROUND
The foundation of this toolkit comes from two of the most influential schools of market geometry:
W.D. Gann (early 1900s) introduced the idea that markets move according to geometric and mathematical laws, where price and time must stay in balance . His work emphasized angles (such as 1×1, 1×2, 1×3) that define how much price should advance or decline per unit of time.
Fibonacci ratios , derived from the Fibonacci sequence and popularized in trading decades later, describe natural proportional relationships observed across markets, especially during corrections and expansions.
Modern technical analysis merges these ideas by applying Fibonacci ratios to Gann’s price–time framework, creating tools that measure both distance (price) and duration (time) .
The Gann–Fibonacci Swing Toolkit follows this combined philosophy by grounding all projections in real swing structure rather than static or manually drawn anchors.
🔵 CORE CONCEPT
Swing-Based Anchoring — All calculations start from confirmed swing highs and lows detected via a rolling highest/lowest lookback.
Directional Context — The tool automatically determines bullish or bearish structure and adapts all projections accordingly.
Price–Time Geometry — Gann logic is applied by projecting price movement relative to elapsed bars, not just price distance.
🔵 KEY FEATURES
SWING DETECTION LOGIC
A swing high is confirmed when price forms a local maximum and then fails to extend higher.
A swing low is confirmed when price forms a local minimum and then fails to extend lower.
The most recent completed swing becomes the anchor point for all Gann and Fibonacci calculations.
Optional ZigZag lines visually connect completed swings for structural clarity.
GANN FAN MODE
When Fibonacci Type = Fan , the indicator plots dynamic Gann fan angles from the swing anchor.
Fan Ratios — Each fan line represents a 1/x (1/1, 1/2, 1/3, etc.), defining how much price should move per unit of time.
Trend-Aware Projection
- Bullish fans project upward from swing lows.
- Bearish fans project downward from swing highs.
Fan Fill Zones — Optional shaded regions between fan levels highlight price compression and expansion areas.
GANN BOX (FIBONACCI BOX) MODE
When Fibonacci Type = Box , the indicator builds a Gann Box using Fibonacci retracement and time ratios.
Horizontal Levels — Fibonacci price retracement levels (0.236, 0.382, 0.5, 0.618, 0.786) are projected from the swing range.
Vertical Levels — Fibonacci time divisions are applied across the swing duration to estimate timing of reactions.
Inverse Mode — Flips retracement logic to project inverted expansions instead of standard pullbacks.
OTE Zone — Optional Optimal Trade Entry zone highlights the premium/discount retracement area.
Dual-Axis Structure — Combines price and time into a single geometric framework instead of treating them separately.
MAIN FRAME LOGIC
A dynamic frame is drawn between the swing anchor and current bar, scaled by trend slope.
The frame visually represents the dominant trend channel derived from swing geometry.
VISUAL ELEMENTS
Swing anchor labels mark the exact price and bar index used for calculations.
Color-coded bullish and bearish swings improve structural readability.
Labels on fan and box levels display their exact Fibonacci ratios.
🔵 HOW TO USE
Use Gann Fans to trade dynamic trend support and resistance that evolves with time.
Use Gann Boxes to identify high-probability retracement zones and timing windows.
Combine fan angles with horizontal box levels for confluence-based entries.
Disable ZigZag if you want a cleaner chart focused only on projections.
🔵 CONCLUSION
Gann–Fibonacci Swing Toolkit is a geometry-driven market structure tool that goes beyond static Fibonacci levels.
By uniting Gann’s price–time balance with Fibonacci proportionality and anchoring everything to real swing structure, the indicator provides a deeper framework for understanding trend behavior, corrective depth, and future reaction zones — all derived directly from price action itself. Indicator
Fibonacci Sequence Grid [BigBeluga]🔵 OVERVIEW
A geometric price mapping tool that projects Fibonacci sequence levels and grid structures from recent price swings to help traders visualize natural expansion and reversion zones.
This indicator overlays Fibonacci-based structures directly on the chart, utilizing both grid projections and horizontal levels based on the classic Fibonacci integer sequence (0, 1, 1, 2, 3, 5, 8, ...). It identifies recent swing highs or lows and builds precision-aligned levels based on the trend direction.
🔵 CONCEPTS
Uses the Fibonacci integer sequence (not ratios) to define distances from the most recent swing point.
Identifies a trend based on EMA cross of fast and slow periods.
Projects two types of Fibonacci tools:
A grid projection from the swing point, displaying multiple sloped levels based on the sequence.
A set of horizontal Fibonacci levels for clean structural references.
Levels can be plotted from either swing low or high depending on the current trend direction.
Adjustable “Size” inputs control spacing between levels for better price alignment.
Lookback period defines how far the script searches for recent swing extremes.
🔵 FEATURES
Fibonacci Grid Projection:
Draws two mirrored Fibonacci grids—one expanding away from the swing high/low, the other converging toward price.
Swing-Based Trend Detection:
Uses a fast/slow EMA crossover to determine trend direction and reference swing points for projections.
Fibonacci Sequence Levels:
Displays horizontal levels based on the Fibonacci number sequence (0, 1, 2, 3, 5, 8, 13, 21...) for natural price targets.
Dynamic Labels and Coloring:
Each level is labeled with its sequence value and colored based on trend direction (e.g., red = downtrend, green = uptrend).
Both grids and levels can be toggled on/off independently.
Sizing controls allow tighter or looser clustering of levels depending on chart scale.
🔵 HOW TO USE
Enable Fibonacci Grid to visualize price expansion zones during impulsive trends.
Use Fibonacci Levels as horizontal support/resistance or target zones.
A label below price means the current trend is up and levels are projected from swing low.
A label above price means trend is down and levels are projected from swing high.
Adjust “Size” input to fit grid/level projection to your preferred chart scale or instrument volatility.
Use in confluence with price action, trend indicators, or volume tools for layered trading decisions.
🔵 CONCLUSION
Fibonacci Sequence Grid reimagines Fibonacci analysis using whole-number spacing from natural math progressions. Whether used for projecting grid-based expansions or horizontal support/resistance zones, it provides a powerful and intuitive structure to trade within. Perfect for traders who rely on symmetry, market geometry, and mathematically consistent levels. Indicator
Fibonacci 5 Candles Retracement
================================================================================
FIBONACCI 5 CANDLES RETRACEMENT - STRATEGY GUIDE
================================================================================
WHAT DOES THIS STRATEGY DO?
---------------------------
This strategy automatically identifies market trends and uses Fibonacci
retracements to find the best entry points. The idea is simple: when price
makes a strong movement (trend), it often pulls back before continuing in
the same direction. The strategy captures these "pullbacks" to enter at the
right moment.
HOW IT WORKS?
-------------
1. TREND DETECTION
The strategy looks for 5 consecutive candles of the same color:
- 5 red candles = BEARISH trend (price falls)
- 5 green candles = BULLISH trend (price rises)
2. CALCULATION OF START AND END POINTS
For a BEARISH trend (5 red candles):
- START: The highest point between the first red candle and the previous one
- END: The lowest point reached during the 5 candles (and beyond, if the
trend continues)
For a BULLISH trend (5 green candles):
- START: The lowest point between the first green candle and the previous one
- END: The highest point reached during the 5 candles (and beyond, if the
trend continues)
3. DYNAMIC UPDATE
The END point updates automatically if price continues to move in the
direction of the trend, creating new highs (for bullish trends) or new
lows (for bearish trends).
4. TREND END
Normal Mode:
- BEARISH trend ends when a candle closes above the previous candle's open
- BULLISH trend ends when a candle closes below the previous candle's open
"Extended Trend" mode (optional):
- The trend remains active until a candle closes beyond the dynamic 50%
retracement level
- When this happens, the END point "freezes" (stops updating), but the
trend can continue
5. FIBONACCI RETRACEMENT CALCULATION
Once START and END are identified, the strategy automatically calculates
Fibonacci levels. IMPORTANT: for retracements and pending orders, we
consider START as 100% and END as 0%, because we work on the part of the
trend that is recovered (the pullback).
The retracement levels are:
- 70% = level closest to START (smallest retracement)
- 60% = second level
- 50% = central level (often used for entry)
- 25% = level closest to END (largest retracement)
6. PENDING ORDER PLACEMENT
When a trend is identified and completed, the strategy automatically places
a pending order (limit order) at one of the selectable Fibonacci levels.
Available levels:
- 25%: closest to END
- 50%: central level (balanced)
- 60%: closest to START
- 70%: very close to START
The order direction depends on the trend:
- BEARISH trend → SHORT order (bet that price falls)
- BULLISH trend → LONG order (bet that price rises)
Stop Loss and Take Profit (for retracements):
- Stop Loss: always at START level
- Take Profit: always at END level
EXTENDED TAKE PROFIT:
If the order is executed (filled), the strategy can apply an "Extended
Take Profit" if configured. IMPORTANT: for the extended TP calculation,
we consider START as 0% and END as 100% (the original trend movement).
For example, if you set 3%, the Take Profit will be at 103% of the
original trend movement instead of 100%.
AVAILABLE FILTERS
-----------------
1. MINIMUM TREND (pips)
Filters trends that are too small. If a trend is below the set value:
- START and END labels become gray (instead of red/green)
- No pending order is placed
- The trend is still displayed on the chart
Useful for avoiding trading movements that are too small.
2. EMA FILTER
Uses two moving averages (EMA 50 and EMA 200) to filter direction:
- If active: places LONG orders only when EMA50 > EMA200 (uptrend)
- If active: places SHORT orders only when EMA50 < EMA200 (downtrend)
Useful for trading only in the direction of the main trend.
3. EXTENDED TREND
Modifies how the trend is considered "completed":
- If disabled: uses normal logic (opposite candle)
- If active: the trend remains in formation until a candle closes beyond
the dynamic 50%. When this happens, END freezes but the trend can continue.
Useful for capturing longer trends and extended movements.
VISUALIZATION
-------------
The strategy displays on the chart:
1. START AND END LABELS
- Red color for bearish trends
- Green color for bullish trends
- Gray color if the trend is not valid (too small)
- Remain visible even when new trends form
2. START AND END LINES
- Horizontal lines indicating the start (START) and end (END) points of the trend
- White color by default, customizable from the settings panel
- Update dynamically when the END point changes
- Can be shown or hidden via the "Show Start/End Lines" option
3. FIBONACCI LINES
The strategy shows horizontal lines at retracement levels:
- Line at 50% (yellow by default)
- Line at 25% (green by default)
- Line at 60% (azure by default)
- Line at 70% (red by default)
COLOR CUSTOMIZATION:
All line colors can be customized from the settings panel in the
"LINE COLORS" section:
- Start/End Line Color: customize the color of START and END lines
- 50% Line Color: customize the color of the 50% line
- 25% Line Color: customize the color of the 25% line
- 60% Line Color: customize the color of the 60% line
- 70% Line Color: customize the color of the 70% line
Lines update dynamically when the END point changes and can be shown or
hidden individually via options in the "VISUALIZATION" section.
4. PENDING ORDER LABELS
Show pending order information:
- Direction (LONG or SHORT)
- Entry price
- Stop Loss
- Take Profit
Positioned far from the chart to avoid cluttering the visualization.
ALERTS
------
If enabled, alerts send notifications when:
1. PENDING ORDER CREATED
When a new pending order is placed, with all information.
2. PENDING ORDER UPDATED
When the pending order is updated (for example, if the level changes or
if the END point moves).
3. ORDER OPENED
When the pending order is executed (filled) and the position is opened.
Alerts can be configured in PulseWire to send notifications via email,
SMS, or other platforms.
RECOMMENDED SETTINGS
--------------------
To get started, you can use these settings:
VISUALIZATION:
- Show all lines and labels to see how it works
- Show Start/End Lines: true (to display lines at START and END points)
- Customize line colors in the "LINE COLORS" section according to your preferences
STRATEGY:
- Pending Order Level: 50% (balanced)
- Extended TP: 0% (use standard TP at 100%)
FILTERS:
- Minimum Trend: 0 pips (disabled initially)
- Use EMA Filter: false (disabled initially)
- Extended Trend: false (use normal logic)
ALERTS:
- Enable Alerts: true (if you want to receive notifications)
PRACTICAL EXAMPLE
-----------------
Scenario: Bearish Trend
1. Price forms 5 consecutive red candles
2. The strategy identifies:
- START = 1.2000 (highest point)
- END = 1.1900 (lowest point)
- Range = 100 pips
3. Calculates Fibonacci levels (for retracements: START = 100%, END = 0%):
- 100% = 1.2000 (START)
- 70% = 1.1930
- 60% = 1.1940
- 50% = 1.1950
- 25% = 1.1975
- 0% = 1.1900 (END)
4. If you set "Pending Order Level" to 50%:
- Places a SHORT pending order at 1.1950 (50% retracement)
- Stop Loss at 1.2000 (START = 100%)
- Take Profit at 1.1900 (END = 0%)
5. If price rises and touches 1.1950:
- The order is executed
- Opens a SHORT position
- If price falls to 1.1900 → Take Profit (profit)
- If price rises to 1.2000 → Stop Loss (loss)
IMPORTANT NOTE
--------------
This strategy is a technical analysis tool. Like all trading strategies,
it does not guarantee profits. Trading involves risks and you can lose money.
Always use appropriate risk management and test the strategy on historical
data before using it with real money.
LICENSE
-------
This code is open source and available for modification. You are free to
use, modify, and distribute this strategy. If you republish or share a
modified version, please kindly mention the original author.
================================================================================
Strategy
Indicator
Fibonacci Sequence Circles [BigBeluga]🔵 Overview
The Fibonacci Sequence Circles is a unique and visually intuitive indicator designed for the PulseWire platform. It combines the principles of the Fibonacci sequence with geometric circles to help traders identify potential support and resistance levels, as well as price expansion zones. The indicator dynamically anchors to key price points, such as pivot highs, pivot lows, or timeframe changes (daily, weekly, monthly), and generates Fibonacci-based circles around these anchor points.
⚠️For proper indicators visualization use simple not logarithmic chart
🔵 Key Features
Customizable Anchor Points : The indicator can be anchored to Pivot Highs , Pivot Lows , or timeframe changes ( Daily, Weekly, Monthly ), making it adaptable to various trading strategies.
Fibonacci Sequence Logic : The circles are generated using the Fibonacci sequence, where the diameter of each circle is the sum of the diameters of the two preceding circles.
first = start_val
secon = start_val + int(start_val/2)
three = first + secon
four = secon + three
five = three + four
six = four + five
seven = five + six
eight = six + seven
nine = seven + eight
ten = eight + nine
Adjustable Start Value : Traders can modify the starting value of the sequence to scale the circles larger or smaller, ensuring they fit the current price action.
Color Customization : Each circle can be individually enabled or disabled, and its color can be customized for better visual clarity.
Visual Labels : The diameter of each circle (in bars) is displayed next to the circle, providing additional context for analysis.
🔵 Usage
Step 1: Set the Anchor Point - Choose the anchor type ( Pivot High, Pivot Low, Daily, Weekly, Monthly ) to define the center of the Fibonacci circles.
Step 2: Adjust the Start Value - Modify the starting value of the Fibonacci sequence to scale the circles according to the price action.
Step 3: Customize Circle Colors - Enable or disable specific circles and adjust their colors for better visualization.
Step 4: Analyze Price Action - Use the circles to identify potential support/resistance levels, price expansion zones, or trend continuation areas.
Step 5: Combine with Other Tools - Enhance your analysis by combining the indicator with other technical tools like trendlines, moving averages, or volume indicators.
The Fibonacci Sequence Circles is a powerful and flexible tool for traders who rely on Fibonacci principles and geometric patterns. Its ability to anchor to key price points and dynamically scale based on market conditions makes it suitable for various trading styles and timeframes. Whether you're a day trader or a long-term investor, this indicator can help you visualize and anticipate price movements with greater precision. Indicator
ATR Stop-Loss with Fibonacci Take-Profit [jpkxyz]ATR Stop-Loss with Fibonacci Take-Profit Indicator
This comprehensive indicator combines Average True Range (ATR) volatility analysis with Fibonacci extensions to create dynamic stop-loss and take-profit levels. It's designed to help traders set precise risk management levels and profit targets based on market volatility and mathematical ratios.
Two Operating Modes
Default Mode (Rolling Levels)
In default mode, the indicator continuously plots evolving stop-loss and take-profit levels based on real-time price action. These levels update dynamically as new bars form, creating rolling horizontal lines across the chart. I use this mode primarily to plot the rolling ATR-Level which I use to trail my Stop-Loss into profit.
Characteristics:
Levels recalculate with each new bar
All selected Fibonacci levels display simultaneously
Uses plot() functions with trackprice=true for price tracking
Custom Anchor Mode (Fixed Levels)
This is the primary mode for precision trading. You select a specific timestamp (typically your entry bar), and the indicator locks all calculations to that exact moment, creating fixed horizontal lines that represent your actual trade levels.
Characteristics:
Entry line (blue) marks your anchor point
Stop-loss calculated using ATR from the anchor bar
Fibonacci levels projected from entry-to-stop distance
Lines terminate when price breaks through them
Includes comprehensive alert system
Core Calculation Logic
ATR Stop-Loss Calculation:
Stop Loss = Entry Price ± (ATR × Multiplier)
Long positions: SL = Entry - (ATR × Multiplier)
Short positions: SL = Entry + (ATR × Multiplier)
ATR uses your chosen smoothing method (RMA, SMA, EMA, or WMA)
Default multiplier is 1.5, adjustable to your risk tolerance
Fibonacci Take-Profit Projection:
The distance from entry to stop-loss becomes the base unit (1.0) for Fibonacci extensions:
TP Level = Entry + (Entry-to-SL Distance × Fibonacci Ratio)
Available Fibonacci Levels:
Conservative: 0.618, 1.0, 1.618
Extended: 2.618, 3.618, 4.618
Complete range: 0.0 to 4.764 (23 levels total)
Multi-Timeframe Functionality
One of the indicator's most powerful features is timeframe flexibility. You can analyze on one timeframe while using stop-loss and take-profit calculations from another.
Best Practices:
Identify your entry point on execution timeframe
Enable "Custom Anchor" mode
Set anchor timestamp to your entry bar
Select appropriate analysis timeframe
Choose relevant Fibonacci levels
Enable alerts for automated notifications
Example Scenario:
Analyse trend on 4-hour chart
Execute entry on 5-minute chart for precision
Set custom anchor to your 5-minute entry bar
Configure timeframe setting to "4h" for swing-level targets
Select appropriate Fibonacci Extension levels
Result: Precise entry with larger timeframe risk management
Visual Intelligence System
Line Behaviour in Custom Anchor Mode:
Active levels: Lines extend to the right edge
Hit levels: Lines terminate at the breaking bar
Entry line: Always visible in blue
Stop-loss: Red line, terminates when hit
Take-profits: Green lines (1.618 level in gold for emphasis)
Customisation Options:
Line width (1-4 pixels)
Show/hide individual Fibonacci levels
ATR length and smoothing method
ATR multiplier for stop-loss distance
Indicator
Adaptive Fibonacci Pullback System -FibonacciFluxAdaptive Fibonacci Pullback System (AFPS) - FibonacciFlux
This work is licensed under a Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0). Original concepts by FibonacciFlux.
Abstract
The Adaptive Fibonacci Pullback System (AFPS) presents a sophisticated, institutional-grade algorithmic strategy engineered for high-probability trend pullback entries. Developed by FibonacciFlux, AFPS uniquely integrates a proprietary Multi-Fibonacci Supertrend engine (0.618, 1.618, 2.618 ratios) for harmonic volatility assessment, an Adaptive Moving Average (AMA) Channel providing dynamic market context, and a synergistic Multi-Timeframe (MTF) filter suite (RSI, MACD, Volume). This strategy transcends simple indicator combinations through its strict, multi-stage confluence validation logic. Historical simulations suggest that specific MTF filter configurations can yield exceptional performance metrics, potentially achieving Profit Factors exceeding 2.6 , indicative of institutional-level potential, while maintaining controlled risk under realistic trading parameters (managed equity risk, commission, slippage).
4 hourly MTF filtering
1. Introduction: Elevating Pullback Trading with Adaptive Confluence
Traditional pullback strategies often struggle with noise, false signals, and adapting to changing market dynamics. AFPS addresses these challenges by introducing a novel framework grounded in Fibonacci principles and adaptive logic. Instead of relying on static levels or single confirmations, AFPS seeks high-probability pullback entries within established trends by validating signals through a rigorous confluence of:
Harmonic Volatility Context: Understanding the trend's stability and potential turning points using the unique Multi-Fibonacci Supertrend.
Adaptive Market Structure: Assessing the prevailing trend regime via the AMA Channel.
Multi-Dimensional Confirmation: Filtering signals with lower-timeframe Momentum (RSI), Trend Alignment (MACD), and Market Conviction (Volume) using the MTF suite.
The objective is to achieve superior signal quality and adaptability, moving beyond conventional pullback methodologies.
2. Core Methodology: Synergistic Integration
AFPS's effectiveness stems from the engineered synergy between its core components:
2.1. Multi-Fibonacci Supertrend Engine: Utilizes specific Fibonacci ratios (0.618, 1.618, 2.618) applied to ATR, creating a multi-layered volatility envelope potentially resonant with market harmonics. The averaged and EMA-smoothed result (`smoothed_supertrend`) provides a robust, dynamic trend baseline and context filter.
// Key Components: Multi-Fibonacci Supertrend & Smoothing
average_supertrend = (supertrend1 + supertrend2 + supertrend3) / 3
smoothed_supertrend = ta.ema(average_supertrend, st_smooth_length)
2.2. Adaptive Moving Average (AMA) Channel: Provides dynamic market context. The `ama_midline` serves as a key filter in the entry logic, confirming the broader trend bias relative to adaptive price action. Extended Fibonacci levels derived from the channel width offer potential dynamic S/R zones.
// Key Component: AMA Midline
ama_midline = (ama_high_band + ama_low_band) / 2
2.3. Multi-Timeframe (MTF) Filter Suite: An optional but powerful validation layer (RSI, MACD, Volume) assessed on a lower timeframe. Acts as a **validation cascade** – signals must pass all enabled filters simultaneously.
2.4. High-Confluence Entry Logic: The core innovation. A pullback entry requires a specific sequence and validation:
Price interaction with `average_supertrend` and recovery above/below `smoothed_supertrend`.
Price confirmation relative to the `ama_midline`.
Simultaneous validation by all enabled MTF filters.
// Simplified Long Entry Logic Example (incorporates key elements)
long_entry_condition = enable_long_positions and
(low < average_supertrend and close > smoothed_supertrend) and // Pullback & Recovery
(close > ama_midline and close > ama_midline) and // AMA Confirmation
(rsi_filter_long_ok and macd_filter_long_ok and volume_filter_ok) // MTF Validation
This strict, multi-stage confluence significantly elevates signal quality compared to simpler pullback approaches.
1hourly filtering
3. Realistic Implementation and Performance Potential
AFPS is designed for practical application, incorporating realistic defaults and highlighting performance potential with crucial context:
3.1. Realistic Default Strategy Settings:
The script includes responsible default parameters:
strategy('Adaptive Fibonacci Pullback System - FibonacciFlux', shorttitle = "AFPS", ...,
initial_capital = 10000, // Accessible capital
default_qty_type = strategy.percent_of_equity, // Equity-based risk
default_qty_value = 4, // Default 4% equity risk per initial trade
commission_type = strategy.commission.percent,
commission_value = 0.03, // Realistic commission
slippage = 2, // Realistic slippage
pyramiding = 2 // Limited pyramiding allowed
)
Note: The default 4% risk (`default_qty_value = 4`) requires careful user assessment and adjustment based on individual risk tolerance.
3.2. Historical Performance Insights & Institutional Potential:
Backtesting provides insights into historical behavior under specific conditions (always specify Asset/Timeframe/Dates when sharing results):
Default Performance Example: With defaults, historical tests might show characteristics like Overall PF ~1.38, Max DD ~1.16%, with potential Long/Short performance variance (e.g., Long PF 1.6+, Short PF < 1).
Optimized MTF Filter Performance: Crucially, historical simulations demonstrate that meticulous configuration of the MTF filters (particularly RSI and potentially others depending on market) can significantly enhance performance. Under specific, optimized MTF filter settings combined with appropriate risk management (e.g., 7.5% risk), historical tests have indicated the potential to achieve **Profit Factors exceeding 2.6**, alongside controlled drawdowns (e.g., ~1.32%). This level of performance, if consistently achievable (which requires ongoing adaptation), aligns with metrics often sought in institutional trading environments.
Disclaimer Reminder: These results are strictly historical simulations. Past performance does not guarantee future results. Achieving high performance requires careful parameter tuning, adaptation to changing markets, and robust risk management.
3.3. Emphasizing Risk Management:
Effective use of AFPS mandates active risk management. Utilize the built-in Stop Loss, Take Profit, and Trailing Stop features. The `pyramiding = 2` setting requires particularly diligent oversight. Do not rely solely on default settings.
4. Conclusion: Advancing Trend Pullback Strategies
The Adaptive Fibonacci Pullback System (AFPS) offers a sophisticated, theoretically grounded, and highly adaptable framework for identifying and executing high-probability trend pullback trades. Its unique blend of Fibonacci resonance, adaptive context, and multi-dimensional MTF filtering represents a significant advancement over conventional methods. While requiring thoughtful implementation and risk management, AFPS provides discerning traders with a powerful tool potentially capable of achieving institutional-level performance characteristics under optimized conditions.
Acknowledgments
Developed by FibonacciFlux. Inspired by principles of Fibonacci analysis, adaptive averaging, and multi-timeframe confirmation techniques explored within the trading community.
Disclaimer
Trading involves substantial risk. AFPS is an analytical tool, not a guarantee of profit. Past performance is not indicative of future results. Market conditions change. Users are solely responsible for their decisions and risk management. Thorough testing is essential. Deploy at your own considered risk. Strategy
Indicator
Indicator
Fibonacci Time-Price Zones🟩 Fibonacci Time-Price Zones is a chart visualization tool that combines Fibonacci ratios with time-based and price-based geometry to analyze market behavior. Unlike typical Fibonacci indicators that focus solely on horizontal price levels, this indicator incorporates time into the analysis, providing a more dynamic perspective on price action.
The indicator offers multiple ways to visualize Fibonacci relationships. Drawing segmented circles creates a unique perspective on price action by incorporating time into the analysis. These segmented circles, similar to PulseWire's built-in Fibonacci Circles, are derived from Fibonacci time and price levels, allowing traders to identify potential turning points based on the dynamic interaction between price and time.
As another distinct visualization method, the indicator incorporates orthogonal patterns, created by the intersection of horizontal and vertical Fibonacci levels. These intersections form L-shaped connections on the chart, derived from key Fibonacci price and time intervals, highlighting potential areas of support or resistance at specific points in time.
In addition to these geometric approaches, another option is sloped lines, which project Fibonacci levels that account for both time and price along the trendline. These projections derive their angles from the interplay between Fibonacci price levels and Fibonacci time intervals, creating dynamic zones on the chart. The slope of these lines reflects the direction and angle of the trend, providing a visual representation of price alignment with market direction, while maintaining the time-price relationship unique to this indicator
The indicator also includes horizontal Fibonacci levels similar to traditional retracement and extension tools. However, unlike standard tools, traders can display retracement levels, extension levels, or both simultaneously from a single instance of the indicator. These horizontal levels maintain consistency with the chosen visualization method, automatically scaling and adapting whether used with circles, orthogonal patterns, or slope-based analysis.
By combining these distinct methods—circles, orthogonal patterns, sloped projections, and horizontal levels—the indicator provides a comprehensive approach to Fibonacci analysis based on both time and price relationships. Each visualization method offers a unique perspective on market structure while maintaining the core principle of time-price interaction.
⭕ THEORY AND CONCEPT ⭕
While traditional Fibonacci tools excel at identifying potential support and resistance levels through price-based ratios (0.236, 0.382, 0.618), they do not incorporate the dimension of time in market analysis. Extensions and retracements effectively measure price relationships within trends, yet markets move through both price and time dimensions simultaneously.
Fibonacci circles represent an evolution in technical analysis by incorporating time intervals alongside price levels. Based on the mathematical principle that markets often move in circular patterns proportional to Fibonacci ratios, these circles project potential support and resistance zones as partial circles radiating from significant price points. However, traditional circle-based tools can create visual complexity that obscures key market relationships. The integration of time into Fibonacci analysis reveals how price movements often respect both temporal and price-based ratios, suggesting a deeper geometric structure to market behavior.
The Fibonacci Time-Price Zones indicator advances these concepts by providing multiple geometric approaches to visualize time-price relationships. Each shape option—circles, orthogonal patterns, slopes, and horizontal levels—represents a different mathematical perspective on how Fibonacci ratios manifest across both dimensions. This multi-faceted approach allows traders to observe how price responds to Fibonacci-based zones that account for both time and price movements, potentially revealing market structure that purely price-based tools might miss.
Shape Options
The indicator employs four distinct geometric approaches to analyze Fibonacci relationships across time and price dimensions:
Circular : Represents the cyclical nature of market movements through partial circles, where each radius is scaled by Fibonacci ratios incorporating both time and price components. This geometry suggests market movements may follow proportional circular paths from significant pivot points, reflecting the harmonic relationship between time and price.
Orthogonal : Constructs L-shaped patterns that separate the time and price components of Fibonacci relationships. The horizontal component represents price levels, while the vertical component measures time intervals, allowing analysis of how these dimensions interact independently at key market points.
Sloped : Projects Fibonacci levels along the prevailing trend, incorporating both time and price in the angle of projection. This approach suggests that support and resistance levels may maintain their relationship to price while adjusting to the temporal flow of the market.
Horizontal : Provides traditional static Fibonacci levels that serve as a reference point for comparing price-only analysis with the dynamic time-price relationships shown in the other three shapes. This baseline approach allows traders to evaluate how the incorporation of time dimension enhances or modifies traditional Fibonacci analysis.
By combining these geometric approaches, the Fibonacci Time-Price Zones indicator creates a comprehensive analytical framework that bridges traditional and advanced Fibonacci analysis. The horizontal levels serve as familiar reference points, while the dynamic elements—circular, orthogonal, and sloped projections—reveal how price action responds to temporal relationships. This multi-dimensional approach enables traders to study market structure through various geometric lenses, providing deeper insights into time-price symmetry within technical analysis. Whether applied to retracements, extensions, or trend analysis, the indicator offers a structured methodology for understanding how markets move through both price and time dimensions.
🛠️ CONFIGURATION AND SETTINGS 🛠️
The Fibonacci Time-Price Zones indicator offers a range of configurable settings to tailor its functionality and visual representation to your specific analysis needs. These options allow you to customize zone visibility, structures, horizontal lines, and other features.
Important Note: The indicator's calculations are anchored to user-defined start and end points on the chart. When switching between charts with significantly different price scales (e.g., from Bitcoin at $100,000 to Silver at $30), adjustment of these anchor points is required to ensure correct positioning of the Fibonacci elements.
Fibonacci Levels
The indicator allows users to customize Fibonacci levels for both retracement and extension analysis. Each level can be individually configured with the following options:
Visibility : Toggle the visibility of each level to focus on specific areas of interest.
Level Value : Set the Fibonacci ratio for the level, such as 0.618 or 1.000, to align with your analysis needs.
Color : Customize the color of each level for better visual clarity.
Line Thickness : Adjust the line thickness to emphasize critical levels or maintain a cleaner chart.
Setup
Zone Type : Select which Fibonacci zones to display:
- Retracement : Shows potential pull back levels within the trend
- Extension : Projects levels beyond the trend for potential continuation targets
- Both : Displays both retracement and extension zones simultaneously
Shape : Choose from four visualization methods:
- Circular : Time-price based semicircles centered on point B
- Orthogonal : L-shaped patterns combining time and price levels
- Sloped : Trend-aligned projections of Fibonacci levels
- Horizontal : Traditional horizontal Fibonacci levels
Visual Settings
Fill % : Adjusts the fill intensity of zones:
0% : No fill between levels
100% : Maximum fill between levels
Lines :
Trendline : The base A-B trend with customizable color
Extension : B-C projection line
Retracement : B-D pullback line
Labels :
Points : Show/hide A, B, C, D markers
Levels : Show/hide Fibonacci percentages
Time-Price Points
Set the time and price for the points that define the Fibonacci zones and horizontal levels. These points are defined upon loading the chart. These points can be configured directly in the settings or adjusted interactively on the live chart.
A and B Points : These user-defined time and price points determine the basis for calculating the semicircles and Fibonacci levels. While the settings panel displays their exact values for fine-tuning, the easiest way to modify these points is by dragging them directly on the chart for quick adjustments.
Interactive Adjustments : Any changes made to the points on the chart will automatically synchronize with the settings panel, ensuring consistency and precision.
🖼️ CHART EXAMPLES 🖼️
Fibonacci Time-Price Zones using the 'Circular' Shape option. Note the price interaction at the 0.786 level, which acts as a support zone. Additional points of interest include resistance near the 0.618 level and consolidation around the 0.5 level, highlighting the utility of both horizontal and semicircular Fibonacci projections in identifying key price areas.
Fibonacci Time-Price Zones using the 'Sloped' Shape option. The chart displays price retracing along the sloped Fibonacci levels, with blue arrows highlighting potential support zones at 0.618 and 0.786, and a red arrow indicating potential resistance at the 1.0 level. This visual representation aligns with the prevailing downtrend, suggesting potential selling pressure at the 1.0 Fibonacci level.
Fibonacci Time-Price Zones using the 'Orthogonal' Shape option. The chart demonstrates price action interacting with vertical zones created by the orthogonal lines at the 0.618, 0.786, and 1.0 Fibonacci levels. Blue arrows highlight potential support areas, while red arrows indicate potential resistance areas, revealing how the orthogonal lines can identify distinct points of price interaction.
Fibonacci Time-Price Zones using the 'Circular' Shape option. The chart displays price action in relation to segmented circles emanating from the starting point (point A). The circles represent different Fibonacci ratios (0.382, 0.5, 0.618, 0.786) and their intersections with the price axis create potential zones of support and resistance. This approach offers a visually distinct way to analyze potential turning points based on both price and time.
Fibonacci Time-Price Zones using the 'Sloped' Shape option. The sloped Fibonacci levels (0.786, 0.618, 0.5) create zones of potential support and resistance, with price finding clear interaction within these areas. The ellipses highlight this price action, particularly the support between 0.786 and 0.618, which aligns closely with the trend.
Fibonacci Time-Price Zones using the 'Circular' Shape option. The price action appears to be ‘hugging’ the 0.5 Fibonacci level, suggesting potential resistance. This demonstrates how the circular zones can identify potential turning points and areas of consolidation which might not be seen with linear analysis.
Fibonacci Time-Price Zones using the 'Sloped' Shape option with Point D marker enabled. The chart demonstrates clear price action closely following along the sloped Retracement line until the orthogonal intersection at the 0.618 levels where the trend is broken and price dips throughout the 0.618 to 0.786 horizontal zone. Price jumps back to the retracement slope at the start of the 0.786 horizontal zone and continues to the 1.0 horizontal zone. The aqua-colored retracement line is enabled to further emphasize this retracement slope .
Geometric validation using PulseWire's built-in Fibonacci Circle tool (overlaid). The alignment at the 0.5 and 1.0 levels demonstrates the indicator's consistent approximation of Fibonacci Circles.
Comparison of Fibonacci Time-Price Zones (Shape: Horizontal) with PulseWire's Built-in Retracement and Extension Tools (overlaid): This example demonstrates how the Horizontal structure aligns with PulseWire’s retracement and extension levels, allowing users to integrate multiple tools seamlessly. The Fibonacci circle connects retracement and extension zones, highlighting the potential relationship between past retracements and future extensions.
📐 GEOMETRIC FOUNDATIONS 📐
This indicator integrates circular and straight representations of Fibonacci levels, specifically the Circular , Orthogonal , Sloped , and Horizontal shape options. The geometric principles behind these shapes differ significantly, requiring distinct scaling methods for accurate representation. The Circular shape employs logarithmic scaling with radial expansion, where the distance from a central point determines the level's position, creating partial circles that align with PulseWire's built-in Fibonacci Circle tool. The other three shapes utilize geometric progression scaling for linear extension from a starting point, resulting in straight lines that align with PulseWire's built-in Fibonacci retracement and extension tools. Due to these distinct geometric foundations and scaling methods, perfectly aligning both the partial circles and straight lines simultaneously is mathematically constrained, though any differences are typically visually imperceptible.
The Circular shape's partial circles are calculated and scaled to align with PulseWire's built-in Fibonacci Circles. These circles are plotted from the second swing point onward. This approach ensures consistent and accurate visualization across all market types, including those with gaps or closed sessions, which unlike 24/7 markets, do not have a direct one-to-one correspondence between bar indices and time. To maintain accurate geometric proportions across varying chart scales, the indicator calculates an aspect ratio by normalizing the proportional difference between vertical (price) and horizontal (time) distances of the swing points. This normalization factor ensures geometric shapes maintain their mathematical properties regardless of price scale magnitude or time period span, while maintaining the correct proportions of the geometric constructions at any chart zoom level.
The indicator automatically applies the appropriate scaling factor based on the selected shape option, optimizing either circular proportions and proper radius calculations for each Fibonacci level, or straight-line relationships between Fibonacci levels. These distinct scaling approaches maintain mathematical integrity while preserving the essential characteristics of each geometric representation, ensuring optimal visualization accuracy whether using circular or linear shapes.
⚠️ DISCLAIMER ⚠️
The Fibonacci Time-Price Zones indicator is a visual analysis tool designed to illustrate Fibonacci relationships through geometric constructions incorporating both curved and straight lines, providing a structured framework for identifying potential areas of price interaction. It is not intended as a predictive or standalone trading signal indicator.
The indicator calculates levels and projections using user-defined anchor points and Fibonacci ratios. While it aims to align with PulseWire’s Fibonacci extension, retracement, and circle tools by employing mathematical and geometric formulas, no guarantee is made that its calculations are identical to PulseWire's proprietary methods.
Like all technical and visual indicators, these visual representations may visually align with key price zones in hindsight, reflecting observed price dynamics. However, these visualizations are not standalone signals for trading decisions and should be interpreted as part of a broader analytical approach.
This indicator is intended for educational and analytical purposes, complementing other tools and methods of market analysis. Users are encouraged to integrate it into a comprehensive trading strategy, customizing its settings to suit their specific needs and market conditions.
🧠 BEYOND THE CODE 🧠
The Fibonacci Time-Price Zones indicator is designed to encourage both education and community engagement. By integrating time-sensitive geometry with Fibonacci-based frameworks, it bridges traditional grid-based analysis with dynamic time-price relationships. The inclusion of semicircles, horizontal levels, orthogonal structures, and sloped trends provides users with versatile tools to explore the interaction between price movements and temporal intervals while maintaining clarity and adaptability.
As an open-source tool, the indicator invites exploration, experimentation, and customization. Whether used as a standalone resource or alongside other technical strategies, it serves as a practical and educational framework for understanding market structure and Fibonacci relationships in greater depth.
Your feedback and contributions are essential to refining and enhancing the Fibonacci Time-Price Zones indicator. We look forward to the creative applications, adaptations, and insights this tool inspires within the trading community.
Indicator
Fibonacci Bands [BigBeluga]The Fibonacci Band indicator is a powerful tool for identifying potential support, resistance, and mean reversion zones based on Fibonacci ratios. It overlays three sets of Fibonacci ratio bands (38.2%, 61.8%, and 100%) around a central trend line, dynamically adapting to price movements. This structure enables traders to track trends, visualize potential liquidity sweep areas, and spot reversal points for strategic entries and exits.
🔵 KEY FEATURES & USAGE
Fibonacci Bands for Support & Resistance:
The Fibonacci Band indicator applies three key Fibonacci ratios (38.2%, 61.8%, and 100%) to construct dynamic bands around a smoothed price. These levels often act as critical support and resistance areas, marked with labels displaying the percentage and corresponding price. The 100% band level is especially crucial, signaling potential liquidity sweep zones and reversal points.
Mean Reversion Signals at 100% Bands:
When price moves above or below the 100% band, the indicator generates mean reversion signals.
Trend Detection with Midline:
The central line acts as a trend-following tool: when solid, it indicates an uptrend, while a dashed line signals a downtrend. This adaptive midline helps traders assess the prevailing market direction while keeping the chart clean and intuitive.
Extended Price Projections:
All Fibonacci bands extend to future bars (default 30) to project potential price levels, providing a forward-looking perspective on where price may encounter support or resistance. This feature helps traders anticipate market structure in advance and set targets accordingly.
Liquidity Sweep:
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-Liquidity Sweep at Previous Lows:
The price action moves below a previous low, capturing sell-side liquidity (stop-losses from long positions or entries for breakout traders).
The wick suggests that the price quickly reversed, leaving a failed breakout below support.
This is a classic liquidity grab, often indicating a bullish reversal .
-Liquidity Sweep at Previous Highs:
The price spikes above a prior high, sweeping buy-side liquidity (stop-losses from short positions or breakout entries).
The wick signifies rejection, suggesting a failed breakout above resistance.
This is a bearish liquidity sweep , often followed by a mean reversion or a downward move.
Display Customization:
To declutter the chart, traders can choose to hide Fibonacci levels and only display overbought/oversold zones along with the trend-following midline and mean reversion signals. This option enables a clearer focus on key reversal areas without additional distractions.
🔵 CUSTOMIZATION
Period Length: Adjust the length of the smoothed moving average for more reactive or smoother bands.
Channel Width: Customize the width of the Fibonacci channel.
Fibonacci Ratios: Customize the Fibonacci ratios to reflect personal preference or unique market behaviors.
Future Projection Extension: Set the number of bars to extend Fibonacci bands, allowing flexibility in projecting price levels.
Hide Fibonacci Levels: Toggle the visibility of Fibonacci levels for a cleaner chart focused on overbought/oversold regions and midline trend signals.
Liquidity Sweep: Toggle the visibility of Liquidity Sweep points
The Fibonacci Band indicator provides traders with an advanced framework for analyzing market structure, liquidity sweeps, and trend reversals. By integrating Fibonacci-based levels with trend detection and mean reversion signals, this tool offers a robust approach to navigating dynamic price action and finding high-probability trading opportunities. Indicator
