Fibozonesv1pro

FiboMaster Pro — Automatic Fibonacci with Entry, SL & TP

Automatic swing detection and Fibonacci levels with entry, stop loss, and take profit zones, drawn on any instrument and timeframe.

FiboMaster Pro automatically detects the most recent swing high and swing low on your chart and draws the full Fibonacci retracement along with reference entry, stop loss, and two take profit levels — no manual drawing required.

HOW IT WORKS

The indicator scans the last N candles (configurable), identifies the dominant swing, and determines direction automatically (Long or Short). It then plots:

  • Fibonacci levels: 0 / 0.236 / 0.382 / 0.500 / 0.618 / 0.786 / 1.000
  • Reference entry level at the 0.382 retracement
  • Reference stop loss below/above the 0.236 level, with configurable buffer
  • Reference TP1 at the 0.618 level
  • Reference TP2 at the 0.786 level
  • Optional risk and reward zones highlighted on the chart
  • Info panel showing entry, stop loss, take profit levels and risk/reward ratio

FEATURES

  • Fully automatic — no manual input needed
  • Automatic Long/Short direction detection based on swing structure
  • Works on any symbol: Indices, Forex, Gold, Crypto
  • Works on any timeframe: M1 to Monthly
  • Fully customizable colors
  • Clean chart — objects are removed and redrawn on each update
  • Configurable refresh rate

SETTINGS

  • Swing Bars: number of candles scanned for the swing (default 40)
  • Min Swing Size: minimum swing size in points (filters noise)
  • SL Buffer: extra points added to the stop loss level
  • Auto Direction: enable/disable automatic Long/Short detection
  • Show Zones: show/hide risk and reward zones
  • Show Labels: show/hide price labels on each level
  • Refresh Seconds: how often the indicator updates

IDEAL FOR

Traders who use Fibonacci retracements as part of their analysis and want to automate the drawing process. Commonly used on indices (NAS100, SP500, DAX), Gold, and major Forex pairs.

This indicator is a technical analysis tool only. It does not guarantee profits or specific results, and all trading decisions remain the responsibility of the user.

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