OPEN-SOURCE SCRIPT
EvoFibo Matrix
EvoFibo Matrix is a multi-timeframe Fibonacci indicator designed to help traders identify key support, resistance, and reaction zones directly on the chart.
It combines dynamic Fibonacci levels based on recent price action with “ghost” Fibonacci zones from multiple higher or lower timeframes.
The tool highlights the 38.2%, 50%, and 61.8% levels, making it easier to spot confluence areas where price may react.
With customizable timeframes, colors, labels, and display modes, EvoFibo Matrix provides a clean visual framework for analyzing trend direction, market structure, and potential entry or exit zones.
**Want to unlock the secrets of the market? Install the indicator, analyze the key zones… and enjoy!**
It combines dynamic Fibonacci levels based on recent price action with “ghost” Fibonacci zones from multiple higher or lower timeframes.
The tool highlights the 38.2%, 50%, and 61.8% levels, making it easier to spot confluence areas where price may react.
With customizable timeframes, colors, labels, and display modes, EvoFibo Matrix provides a clean visual framework for analyzing trend direction, market structure, and potential entry or exit zones.
**Want to unlock the secrets of the market? Install the indicator, analyze the key zones… and enjoy!**
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.