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Fibonacci Confluence Zone Finder - Multi-Swing Clusters - indicator for MetaTrader 4

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4319

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(3)

Published:

22 April 2026, 12:24

Fibonacci_Confluence_Zones.mq4 (28.76 KB) view

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Identifies zones where Fibonacci levels from multiple swing points align at the same price.

Algorithm:

Finds 4-5 significant swing points
Calculates Fib levels (38.2%, 50%, 61.8%, 78.6%) from each swing pair
Scans for clusters where 2+ levels converge within tolerance
Ranks by density (more levels = stronger)

Features:

Confluence zones drawn as shaded rectangles
Color by strength: yellow (2), orange (3), red (4+)
Labels showing contributing levels
Individual Fib lines optional
Alert when price enters strong zone
Works on all timeframes — best H1, H4, D1

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Fibonacci Confluence Zone Finder - Multi-Swing Clusters - indicator for MetaTrader 4

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