OPEN-SOURCE SCRIPT
Macro Fibo LookBack
Auto Macro Fibonacci (
Overview
Drawing Fibonacci retracements manually on higher timeframes can often be subjective and tedious. The Auto Macro Fibonacci indicator automates this process by scanning a user-defined historical period (lookback) to identify the absolute macro peak and trough, instantly plotting a flawless, rule-based Fibonacci retracement.
Whether you are looking for deep pullbacks, harmonic pattern completion zones, or major structural support/resistance, this tool filters out the intraday noise and focuses on the big picture.
Key Features
Smart Lookback Engine: Scans the last X bars (default is 300) to find the true macro high and low. You can easily expand this to 500 or 1000 bars to capture multi-year trends.
Auto Trend Detection: The algorithm mathematically calculates which pivot happened first, automatically determining if the macro trend is bullish or bearish, and aligns the 0.0 and 1.0 anchor levels correctly.
Custom Directional Control: Prefer your Fibo anchors drawn differently? Use the settings menu to override the auto-detection and force the draw from "Left to Right" or "Right to Left" to suit your personal trading style.
Includes the 0.886 Level: By default, this indicator includes the 0.886 retracement level, a critical zone for Harmonic pattern traders (specifically the Bat form) and deep liquidity grabs.
Performance Optimized: Built with a custom garbage-collection system (memory management). It dynamically deletes old historical lines on every tick, ensuring it runs lightning-fast on live markets without lagging your chart or hitting TradingView's drawing limits.
Minimalist UI: Designed to keep your charts clean. A single color setting applies to the entire Fibonacci web and the macro dashed trendline, with carefully balanced transparency levels so it doesn't distract from price action.
How to Use
Lookback Period (Bars): Adjust this number to widen or narrow the indicator's field of vision. Smaller numbers (e.g., 100) will catch intermediate swings, while larger numbers (e.g., 500+) will catch major cycle highs and lows.
Fibo Direction: Leave it on "Automatic" for algorithmic trend plotting, or manually flip the 0.0 and 1.0 levels.
Lines Color: Pick one color to seamlessly theme the entire indicator.
Disclaimer: This script is for educational and analytical purposes only. Always use proper risk management.
Overview
Drawing Fibonacci retracements manually on higher timeframes can often be subjective and tedious. The Auto Macro Fibonacci indicator automates this process by scanning a user-defined historical period (lookback) to identify the absolute macro peak and trough, instantly plotting a flawless, rule-based Fibonacci retracement.
Whether you are looking for deep pullbacks, harmonic pattern completion zones, or major structural support/resistance, this tool filters out the intraday noise and focuses on the big picture.
Key Features
Smart Lookback Engine: Scans the last X bars (default is 300) to find the true macro high and low. You can easily expand this to 500 or 1000 bars to capture multi-year trends.
Auto Trend Detection: The algorithm mathematically calculates which pivot happened first, automatically determining if the macro trend is bullish or bearish, and aligns the 0.0 and 1.0 anchor levels correctly.
Custom Directional Control: Prefer your Fibo anchors drawn differently? Use the settings menu to override the auto-detection and force the draw from "Left to Right" or "Right to Left" to suit your personal trading style.
Includes the 0.886 Level: By default, this indicator includes the 0.886 retracement level, a critical zone for Harmonic pattern traders (specifically the Bat form) and deep liquidity grabs.
Performance Optimized: Built with a custom garbage-collection system (memory management). It dynamically deletes old historical lines on every tick, ensuring it runs lightning-fast on live markets without lagging your chart or hitting TradingView's drawing limits.
Minimalist UI: Designed to keep your charts clean. A single color setting applies to the entire Fibonacci web and the macro dashed trendline, with carefully balanced transparency levels so it doesn't distract from price action.
How to Use
Lookback Period (Bars): Adjust this number to widen or narrow the indicator's field of vision. Smaller numbers (e.g., 100) will catch intermediate swings, while larger numbers (e.g., 500+) will catch major cycle highs and lows.
Fibo Direction: Leave it on "Automatic" for algorithmic trend plotting, or manually flip the 0.0 and 1.0 levels.
Lines Color: Pick one color to seamlessly theme the entire indicator.
Disclaimer: This script is for educational and analytical purposes only. Always use proper risk management.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.