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Roy Fibonacci Zone Meter
ROY FIBONACCI ZONE METER
Roy Fibonacci Zone Meter is an advanced Fibonacci-based market structure and zone strength indicator designed to help traders visualize market positioning, trend direction, support & resistance interaction, and real-time Fibonacci pressure zones in a clean and mobile-friendly dashboard.
Unlike traditional Fibonacci retracement tools that require manual drawing, this indicator automatically creates a dynamic Fibonacci channel using live market range detection and transforms it into a smart probability-based zone meter system.
This indicator is specially optimized for TradingView mobile users with a compact dashboard layout that minimizes chart clutter while still providing powerful market structure analysis.
━━━━━━━━━━━━━━━━━━
FEATURES
• Automatic Fibonacci Channel
• Smart Zone Strength Meter
• Uptrend / Downtrend / Sideway Detection
• Real-Time Price Position Analysis
• Dynamic Support & Resistance Zones
• Active Fibonacci Zone Detection
• Market Mode Analysis
• EMA Trend Filter
• Mobile-Friendly Compact Dashboard
• Dynamic Fibonacci Heatmap
• Zone Interaction Probability System
━━━━━━━━━━━━━━━━━━
FIBONACCI STRUCTURE
The indicator automatically calculates Fibonacci zones using the highest and lowest market range based on the selected lookback period.
Main Fibonacci Zones:
• 1.000 → Extreme Resistance
• 0.764 → Upper Resistance Zone
• 0.618 → Sell Pressure Zone
• 0.500 → Equilibrium / Golden Zone
• 0.382 → Mid Support Zone
• 0.236 → Lower Support Zone
• 0.000 → Extreme Support
━━━━━━━━━━━━━━━━━━
HOW TO READ THE INDICATOR
1. TREND
The Trend section automatically detects current market direction.
• UPTREND
→ Buyers are dominant.
• DOWNTREND
→ Sellers are dominant.
• SIDEWAY
→ Market is ranging without strong direction.
━━━━━━━━━━━━━━━━━━
2. ACTIVE ZONE
Shows the current Fibonacci area where price is trading.
Example:
0.382 ↔ 0.500
This means price is currently moving between the 0.382 and 0.500 Fibonacci zones.
━━━━━━━━━━━━━━━━━━
3. POWER
Displays the strongest Fibonacci interaction level currently affecting the market.
Example:
99% VERY STRONG
This means price is heavily interacting with an important Fibonacci zone and reaction probability is high.
━━━━━━━━━━━━━━━━━━
4. POSITION %
Shows where current price is located within the entire Fibonacci range.
Example:
• 80%+ → Near upper resistance
• 50% → Equilibrium zone
• Below 30% → Near support area
━━━━━━━━━━━━━━━━━━
5. MARKET MODE
The indicator detects current market behavior.
Possible readings:
• ACCUMULATION
→ Sideway / balance market.
• BULL FLOW
→ Healthy bullish continuation.
• BULL EXP
→ Strong bullish expansion.
• BEAR FLOW
→ Healthy bearish continuation.
• BEAR EXP
→ Strong bearish expansion.
━━━━━━━━━━━━━━━━━━
6. BIAS
Shows current market bias.
Possible readings:
• BUY AREA
• SELL AREA
• TAKE PROFIT AREA
• NEUTRAL
• WAIT
This helps traders identify possible market conditions without relying on traditional buy/sell signals.
━━━━━━━━━━━━━━━━━━
7. FIB ZONE METER
The Fibonacci Zone Meter displays the interaction strength between current price and each Fibonacci level.
Higher percentage means:
• Price is closer to that Fibonacci level
• Market interaction is stronger
• Higher probability of support/resistance reaction
Example:
0.382 → 99%
This means price is strongly interacting with the 0.382 support zone.
━━━━━━━━━━━━━━━━━━
HOW TO USE
BEST METHOD:
1. Identify overall trend direction
2. Observe Active Zone location
3. Watch which Fibonacci zone has highest strength
4. Combine with:
• Price Action
• Volume
• EMA Trend
• Market Structure
• Liquidity Sweep
• Higher Timeframe Confirmation
━━━━━━━━━━━━━━━━━━
EXAMPLE USAGE
UPTREND:
• Wait for retracement into:
• 0.382
• 0.500
• 0.618
• Look for bullish candle confirmation.
DOWNTREND:
• Wait for pullback into resistance zones.
• Watch for bearish rejection.
SIDEWAY MARKET:
• Trade inside support & resistance ranges carefully.
━━━━━━━━━━━━━━━━━━
BEST TIMEFRAMES
• Scalping → M1 / M5
• Intraday → M15 / M30
• Swing → H1 / H4
• Position → Daily
━━━━━━━━━━━━━━━━━━
DISCLAIMER
This indicator is designed for educational and analytical purposes only. Always use proper risk management before entering any trade.
Roy Fibonacci Zone Meter is an advanced Fibonacci-based market structure and zone strength indicator designed to help traders visualize market positioning, trend direction, support & resistance interaction, and real-time Fibonacci pressure zones in a clean and mobile-friendly dashboard.
Unlike traditional Fibonacci retracement tools that require manual drawing, this indicator automatically creates a dynamic Fibonacci channel using live market range detection and transforms it into a smart probability-based zone meter system.
This indicator is specially optimized for TradingView mobile users with a compact dashboard layout that minimizes chart clutter while still providing powerful market structure analysis.
━━━━━━━━━━━━━━━━━━
FEATURES
• Automatic Fibonacci Channel
• Smart Zone Strength Meter
• Uptrend / Downtrend / Sideway Detection
• Real-Time Price Position Analysis
• Dynamic Support & Resistance Zones
• Active Fibonacci Zone Detection
• Market Mode Analysis
• EMA Trend Filter
• Mobile-Friendly Compact Dashboard
• Dynamic Fibonacci Heatmap
• Zone Interaction Probability System
━━━━━━━━━━━━━━━━━━
FIBONACCI STRUCTURE
The indicator automatically calculates Fibonacci zones using the highest and lowest market range based on the selected lookback period.
Main Fibonacci Zones:
• 1.000 → Extreme Resistance
• 0.764 → Upper Resistance Zone
• 0.618 → Sell Pressure Zone
• 0.500 → Equilibrium / Golden Zone
• 0.382 → Mid Support Zone
• 0.236 → Lower Support Zone
• 0.000 → Extreme Support
━━━━━━━━━━━━━━━━━━
HOW TO READ THE INDICATOR
1. TREND
The Trend section automatically detects current market direction.
• UPTREND
→ Buyers are dominant.
• DOWNTREND
→ Sellers are dominant.
• SIDEWAY
→ Market is ranging without strong direction.
━━━━━━━━━━━━━━━━━━
2. ACTIVE ZONE
Shows the current Fibonacci area where price is trading.
Example:
0.382 ↔ 0.500
This means price is currently moving between the 0.382 and 0.500 Fibonacci zones.
━━━━━━━━━━━━━━━━━━
3. POWER
Displays the strongest Fibonacci interaction level currently affecting the market.
Example:
99% VERY STRONG
This means price is heavily interacting with an important Fibonacci zone and reaction probability is high.
━━━━━━━━━━━━━━━━━━
4. POSITION %
Shows where current price is located within the entire Fibonacci range.
Example:
• 80%+ → Near upper resistance
• 50% → Equilibrium zone
• Below 30% → Near support area
━━━━━━━━━━━━━━━━━━
5. MARKET MODE
The indicator detects current market behavior.
Possible readings:
• ACCUMULATION
→ Sideway / balance market.
• BULL FLOW
→ Healthy bullish continuation.
• BULL EXP
→ Strong bullish expansion.
• BEAR FLOW
→ Healthy bearish continuation.
• BEAR EXP
→ Strong bearish expansion.
━━━━━━━━━━━━━━━━━━
6. BIAS
Shows current market bias.
Possible readings:
• BUY AREA
• SELL AREA
• TAKE PROFIT AREA
• NEUTRAL
• WAIT
This helps traders identify possible market conditions without relying on traditional buy/sell signals.
━━━━━━━━━━━━━━━━━━
7. FIB ZONE METER
The Fibonacci Zone Meter displays the interaction strength between current price and each Fibonacci level.
Higher percentage means:
• Price is closer to that Fibonacci level
• Market interaction is stronger
• Higher probability of support/resistance reaction
Example:
0.382 → 99%
This means price is strongly interacting with the 0.382 support zone.
━━━━━━━━━━━━━━━━━━
HOW TO USE
BEST METHOD:
1. Identify overall trend direction
2. Observe Active Zone location
3. Watch which Fibonacci zone has highest strength
4. Combine with:
• Price Action
• Volume
• EMA Trend
• Market Structure
• Liquidity Sweep
• Higher Timeframe Confirmation
━━━━━━━━━━━━━━━━━━
EXAMPLE USAGE
UPTREND:
• Wait for retracement into:
• 0.382
• 0.500
• 0.618
• Look for bullish candle confirmation.
DOWNTREND:
• Wait for pullback into resistance zones.
• Watch for bearish rejection.
SIDEWAY MARKET:
• Trade inside support & resistance ranges carefully.
━━━━━━━━━━━━━━━━━━
BEST TIMEFRAMES
• Scalping → M1 / M5
• Intraday → M15 / M30
• Swing → H1 / H4
• Position → Daily
━━━━━━━━━━━━━━━━━━
DISCLAIMER
This indicator is designed for educational and analytical purposes only. Always use proper risk management before entering any trade.
نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.