OPEN-SOURCE SCRIPT
Fib 1-2-3-4 Vol/Delta/Proj
Overview
This indicator automates a practical Fib 1–2–3–4 workflow on the chart: fractal-style swings define point 1 and point 2, retracements mark the discount/premium zone, and negative extensions mark take-profit style targets. It is built for fast markets (e.g. MNQ / NQ) but works on any symbol the chart supports.
Purpose
The goal is to keep the chart readable while still showing:
Where the active leg is (swing line + optional zone fill)
Key retracements (defaults favor 61.8%–88.6%; extras optional)
Extension levels (e.g. −12.7% / −27.2% / −61.8% style targets — toggles available)
Stop reference beyond point 1 (optional plot + buffer in ticks)
Optional BUY / SELL markers driven by a zone reclaim rule, plus matching alerts
Fib levels are treated as framework for stops and limits; entries are a heuristic (reclaim), not a guarantee.
Structure timeframe (2-minute friendly)
Swing & fib timeframe lets you anchor pivots and fib math to a chosen TF (default 2). On a 1m chart with structure set to 2, swings come from 2m while signals still use the chart’s closes for timing. When structure TF ≠ chart, built-in volume profile / delta / projection blocks stay off so bar math stays honest.
Zeiierman-style add-ons (optional, CC BY-NC-SA)
If enabled, optional Fib volume profile, Fib-band delta, and projection segments are adapted from Zeiierman’s published concept — non-commercial use only for those portions; see script header for license note.
Main features
Fractal pivots — configurable left/right bars (Fractals-style lag).
Clean preset — fewer lines; zone fill; optional swing leg.
Entry zone — configurable deep/shallow bounds (default 78.6%–88.6% style band).
BUY / SELL — label shapes + alerts on zone reclaim (deep touch + confirmed close through shallow edge); cooldown to reduce noise.
Optional mapping — swing labels, zone edge plots, fractal marks (mostly off by default).
Compact table — optional snapshot of bias, points, stop, targets.
How to use
Set Swing & fib timeframe to Chart on a 2m chart, or keep 2 on 1m for 2m legs with 1m entries.
Tune Left / Right bars to match how “noisy” you want swings.
Turn on Show targets / Show stop when you want full framework on chart.
Create alerts from the indicator’s Alerts tab (BUY / SELL, optional zone/extensions).
Disclaimer
This tool is for education and research only. It is not financial advice. Past behavior of any heuristic does not predict future results. You are responsible for your own risk, sizing, and compliance with your jurisdiction.
If your published script has a different name or you want this shorter (TradingView sometimes truncates), say the exact title and I’ll compress it to one tight block.
This indicator automates a practical Fib 1–2–3–4 workflow on the chart: fractal-style swings define point 1 and point 2, retracements mark the discount/premium zone, and negative extensions mark take-profit style targets. It is built for fast markets (e.g. MNQ / NQ) but works on any symbol the chart supports.
Purpose
The goal is to keep the chart readable while still showing:
Where the active leg is (swing line + optional zone fill)
Key retracements (defaults favor 61.8%–88.6%; extras optional)
Extension levels (e.g. −12.7% / −27.2% / −61.8% style targets — toggles available)
Stop reference beyond point 1 (optional plot + buffer in ticks)
Optional BUY / SELL markers driven by a zone reclaim rule, plus matching alerts
Fib levels are treated as framework for stops and limits; entries are a heuristic (reclaim), not a guarantee.
Structure timeframe (2-minute friendly)
Swing & fib timeframe lets you anchor pivots and fib math to a chosen TF (default 2). On a 1m chart with structure set to 2, swings come from 2m while signals still use the chart’s closes for timing. When structure TF ≠ chart, built-in volume profile / delta / projection blocks stay off so bar math stays honest.
Zeiierman-style add-ons (optional, CC BY-NC-SA)
If enabled, optional Fib volume profile, Fib-band delta, and projection segments are adapted from Zeiierman’s published concept — non-commercial use only for those portions; see script header for license note.
Main features
Fractal pivots — configurable left/right bars (Fractals-style lag).
Clean preset — fewer lines; zone fill; optional swing leg.
Entry zone — configurable deep/shallow bounds (default 78.6%–88.6% style band).
BUY / SELL — label shapes + alerts on zone reclaim (deep touch + confirmed close through shallow edge); cooldown to reduce noise.
Optional mapping — swing labels, zone edge plots, fractal marks (mostly off by default).
Compact table — optional snapshot of bias, points, stop, targets.
How to use
Set Swing & fib timeframe to Chart on a 2m chart, or keep 2 on 1m for 2m legs with 1m entries.
Tune Left / Right bars to match how “noisy” you want swings.
Turn on Show targets / Show stop when you want full framework on chart.
Create alerts from the indicator’s Alerts tab (BUY / SELL, optional zone/extensions).
Disclaimer
This tool is for education and research only. It is not financial advice. Past behavior of any heuristic does not predict future results. You are responsible for your own risk, sizing, and compliance with your jurisdiction.
If your published script has a different name or you want this shorter (TradingView sometimes truncates), say the exact title and I’ll compress it to one tight block.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.