1Copy the scriptPress Copy script above, or the copy button on the code below.
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
175 lines of Pine Script v5 from Tradingview/csw-auto-fib.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.
CSW Auto Fib tracks that period's extremes and plots horizontal lines at user-defined ratios, with optional labels and colors. Period choices are 60, 120, 180, or 240 minutes, daily, or weekly. Use Previous Fib overlays the prior period's range on the current period. An optional instruction label explains the tool. Price is requested with lookahead on, so values can use future data.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Show Instructions
bool
false
instructions
Fib Period
string
D
fib_period
Use Previous Fib
bool
false
use_prior_period
Show Labels
bool
true
show_labels
color
color.white
label_color
value_1
float
0.00
value_1
color_value_1
color
color.white
color_value_1
value_2
float
0.236
value_2
color_value_2
color
#00fefe
color_value_2
value_3
float
0.382
value_3
color_value_3
color
#94eb82
color_value_3
value_4
float
0.5
value_4
Show all 25 settings
Setting
Type
Default
Variable
color_value_4
color
#535352
color_value_4
value_5
float
0.618
value_5
color_value_5
color
#fec500
color_value_5
|
float
0.786
value_6
color_value_6
color
#ce0501
color_value_6
|
float
1.00
value_7
color_value_7
color
color.white
color_value_7
|
float
1.236
value_8
color_value_8
color
color.gray
color_value_8
|
float
1.382
value_9
color_value_9
color
color.gray
color_value_9
|
float
1.618
value_10
color_value_10
color
color.gray
color_value_10
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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