OPEN-SOURCE SCRIPT
Updated Auto Fibs

Here's a clean, simple auto fibonacci indicator — it pulls the prior period's high/low (day, week, or month, depending on your chart), auto-detects which timeframe makes sense, and redraws fresh levels every time a new period starts. It also orients the fib automatically based on whether that prior period closed bullish or bearish, so the 0%/100% anchors make sense either way.
How it works:
How it works:
- Auto timeframe logic: charts on the 15min and below get Daily fibs, higher intraday charts get Weekly fibs, Daily+ charts get Monthly fibs. You can override this with the "Fib Period" dropdown.
- No repaint: it pulls the prior completed period's high/low/open/close via request.security with a [1] offset — the levels won't shift once drawn.
- Auto-orientation: if the prior period closed bullish, 0% anchors to the low and 100% to the high (retracement from the low up). If bearish, it flips.
- Golden zone shading between 61.8%–78.6% is a nice visual reference for common reaction zones.
- Labels stay pinned to the current bar on the right edge so you can always read the levels without scrolling.
- Alerts for every fib level (including the extensions). To actually receive these, right-click the chart → Add Alert, set condition to this indicator, and choose "Any alert() function call" as the trigger — that way one alert setup covers all levels, and the message will tell you exactly which level got crossed.
- When the "Fib Period" dropdown is set to Auto, the script picks which fib to show based on how zoomed-in your chart is.
1 minute, 5 minute, or 15 minute chart → it shows the Daily fib (yesterday's high/low)
Anything zoomed out further than 15 minutes — including a 1 hour, 4 hour, etc. — → it shows the Weekly fib (last week's high/low)
Daily chart or higher (weekly, monthly) → it shows the Monthly fib (last month's high/low)
Release Notes
Resizable text.Release Notes
Label positioning. Release Notes
BugsRelease Notes
Time sync bugRelease Notes
Bugs... Sorry, keep uploading wrongs script.Release Notes
Another bug with time sync Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.