Adaptive Fibonacci Trailing System: Free TradingView Indicator (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 indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

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

Signals come from a trailing flip or from a cross of the 0.5 level, with strictness and breakout confirmation filters. Optional risk tools add stop loss and three take profit lines, break-even after the first target, a confidence score, adaptive sizing and a backtest tracker. It draws on the price chart.

Fibonacci cloud and swing levels
Adaptive trailing line by market regime
Trail flip or 0.5 cross signal modes
Stop loss, three targets and break-even
Confidence score and backtest tracker

Details

Published by

majixai on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Markets

Any symbol

Timeframes

Any timeframe

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

tradingview_integration/pine_script/test005.pine

Repository

github.com/majixai/majixai.github.io. 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 Length	`int`	`13`	`pivotLenInput`
Min Swing Score	`float`	`1.0`	`minSwingScoreInput`
ADX Length	`int`	`14`	`adxLenInput`
Trend Threshold	`float`	`22.0`	`adxTrendInput`
Volatile Threshold (×ATR)	`float`	`1.6`	`volatilityMultInput`
Trailing Mode	`string`	`Adaptive (Auto)`	`trailModeInput`
Signal Mode	`string`	`SIGMODE_CROSS`	`signalModeInput`
0.5 Cross Strictness	`string`	`STRICT_FULL`	`crossStrictnessInput`
Breakout Confirmation (×ATR)	`float`	`0.2`	`confirmFilterInput`
Min Body Ratio	`float`	`0.5`	`bodyFilterInput`
Show Fib Cloud	`bool`	`true`	`showCloudInput`
Cloud Style	`string`	`Gradient`	`cloudStyleInput`

Show all 40 settings

Setting	Type	Default	Variable
Show Confluence Markers	`bool`	`false`	`showConfluenceInput`
Show Fib Levels	`bool`	`true`	`showFibLevelsInput`
Enable Risk Management	`bool`	`true`	`enableRMInput`
Risk Preset	`string`	`Balanced`	`riskPresetInput`
ATR Length (RM)	`int`	`14`	`atrLenRiskInput`
SL ×ATR (Custom)	`float`	`1.5`	`slMultInput`
TP1 ×Risk (Custom)	`float`	`1.0`	`tp1MultInput`
TP2 ×Risk (Custom)	`float`	`2.0`	`tp2MultInput`
TP3 ×Risk (Custom)	`float`	`3.0`	`tp3MultInput`
Show SL/TP Lines	`bool`	`true`	`showSlTpInput`
Show SL/TP Labels	`bool`	`true`	`showSlTpLabelsInput`
Break-Even After TP1	`bool`	`true`	`useBreakEvenInput`
Enable Confidence Score	`bool`	`true`	`useConfidenceInput`
Min Confidence %	`float`	`50.0`	`minConfidenceInput`
Adaptive Position Sizing	`bool`	`true`	`useAdaptiveSizingInput`
Base Risk per Trade %	`float`	`1.0`	`baseRiskPctInput`
Enable Backtest Tracker	`bool`	`true`	`useBacktestInput`
Show Per-Grade Stats	`bool`	`true`	`showPerGradeInput`
Reset Backtest	`bool`	`false`	`resetBacktestInput`
Theme	`string`	`Auto`	`themeInput`
Show Buy/Sell Signals	`bool`	`true`	`showSignalsInput`
Show Trailing Line	`bool`	`true`	`showTrailLineInput`
Highlight Regime Changes	`bool`	`false`	`showRegimeBgInput`
Show Swing Labels	`bool`	`false`	`showSwingLabelsInput`
Show Watermark	`bool`	`true`	`showWatermarkInput`
Label Font Size	`string`	`Small`	`labelFontSizeInput`
Show Dashboard	`bool`	`true`	`showDashInput`
Position	`string`	`Top Right`	`dashPosStr`

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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