1m Spot Fib Scalper: Free TradingView Strategy (Pine Script)

Add It to Your TradingView Chart

1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

The stop goes below the anchor swing low with a buffer and the target is a reward-to-risk multiple. Optional EMA and ADX filters, session limits and a date window are available. Setups expire if price does not retrace in time.

Break of structure then Fibonacci retracement entry
Limit or market entry at chosen fib level
Stop buffer by percent or ticks, R:R target
Optional EMA 200 and ADX filters
Gold zone box and level drawings

Details

Published by

MuhammadMuhamid on GitHub

Type

Strategy, Pine Script v6

Draws

On the price chart

Markets

Crypto

Timeframes

M1-M5

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

File

platform/1m_spot_fib_scalper.pine

Repository

github.com/MuhammadMuhamid/my-tradingview-clone. See its other scripts in the library

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

Setting	Type	Default	Variable
Pivot Left Bars	`int`	`5`	`leftBars`
Pivot Right Bars	`int`	`5`	`rightBars`
BOS Trigger Source	`string`	`Close`	`bosSrcMode`
Require a Higher Low before BOS	`bool`	`true`	`requireHigherLow`
Abandon Setup if No Retrace Within (bars)	`int`	`60`	`maxImpulseBars`
Gold Zone Start (shallow retracement)	`float`	`0.500`	`fibZoneA`
Gold Zone End (deep retracement)	`float`	`0.618`	`fibZoneB`
Entry Retracement Level	`float`	`0.618`	`fibEntry`
Entry Execution	`string`	`Limit at Entry Fib`	`entryMode`
Min Impulse Leg Size (%)	`float`	`0.15`	`minImpulsePct`
Cancel Unfilled Order After (bars)	`int`	`45`	`maxWaitBars`
Stop Buffer Mode	`string`	`Percent`	`slMode`

Show all 40 settings

Setting	Type	Default	Variable
Stop Buffer (%)	`float`	`0.05`	`slBufPct`
Stop Buffer (ticks)	`int`	`10`	`slBufTicks`
Take Profit Mode	`string`	`Risk:Reward`	`tpMode`
Risk : Reward Ratio	`float`	`1.5`	`rrTarget`
Reject Setup Below This R:R	`float`	`1.0`	`minRR`
Require Close Above EMA	`bool`	`true`	`useEma`
EMA Length	`int`	`200`	`emaLen`
Require ADX Above Threshold	`bool`	`true`	`useAdx`
ADX / DI Length	`int`	`14`	`adxLen`
Min ADX	`float`	`20.0`	`adxMin`
Limit Backtest to Date Range	`bool`	`false`	`useWindow`
Start	`time`	`timestamp("01 Jan 2024 00:00 +0000")`	`startTime`
End	`time`	`timestamp("01 Jan 2030 00:00 +0000")`	`endTime`
Enable Session Filter	`bool`	`false`	`useSession`
Session (exchange time)	`session`	`0000-2400`	`sessSpec`
Show Gold Zone Box	`bool`	`true`	`showZone`
Show Entry / SL / TP Lines	`bool`	`true`	`showLevels`
Show BOS Level + Label	`bool`	`true`	`showBosViz`
Show Confirmed Pivots	`bool`	`true`	`showPivots`
Show Bias EMA	`bool`	`true`	`showEma`
Show Status Panel	`bool`	`true`	`showTable`
Keep Historical Drawings	`bool`	`true`	`keepHistory`
Gold Zone Fill	`color`	`color.new(color.orange, 82)`	`colZoneFill`
Gold Zone Border	`color`	`color.new(color.orange, 35)`	`colZoneEdge`
BOS Level	`color`	`color.new(#2962ff, 0)`	`colBos`
Entry Level	`color`	`color.new(#ff9800, 0)`	`colEntry`
Stop Loss	`color`	`color.new(#ef5350, 0)`	`colSl`
Take Profit	`color`	`color.new(#26a69a, 0)`	`colTp`

Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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