Fibonacci Golden Zone — TradingView Auto Fib 0.5–0.618 Retracement Zones

Free

An auto Fibonacci indicator for TradingView that draws the 0.5–0.618 golden retracement zone from confirmed swings, with HH/HL/LH/LL structure, a ZigZag and touch/rejection/breakout alerts.

Download free → Instant download · free · Pine Script source

Description

Fibonacci Golden Zone automatically finds confirmed swing legs and draws the 0.5-0.618 golden-zone retracement where price most often reacts. It labels market structure (HH/HL/LH/LL), draws an optional ZigZag of the impulse legs and can show the full Fibonacci set plus 1.272 and 1.618 projection targets. A deterministic alert engine fires at most one event per candle — zone entry, bullish/bearish rejection, breakout, invalidation and the 1.272/1.618 projections — with late-zone skipping and a fixed invalidation buffer so setups don’t repaint their status. Crypto-friendly wick/close options are built in. A free Fibonacci tool from ShepherdFX Trading Tools.

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