This indicator detects equal highs and lows by comparing prices within user-defined left and right bars using a tolerance percentage. It plots horizontal lines on the price chart for equal highs in one color and lows in another. A screener allows input of mult
Indicator · Pine Script v5 · On the chart
Hyper Fibo System
Hyper Fibo System is an overlay indicator that projects Fibonacci wave cycles and linear regression lines based on two user-selected chart anchor points.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code205
Settings22inputs
LicenceNone stated
Last update7 weeks ago6 Sep 2026
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
Hyper Fibo System calculates the slope, midpoint, and range between the anchors, allowing traders to apply cyclic Fibonacci waves to trend lines, cross levels, or candles. The script features symmetry projections for highs and lows alongside optional regression curves for standard price action and moving averages. Plotted directly on the price chart, it provides geometric and mathematical trend projections without generating trade signals.
- Two-point manual anchor configuration
- Fibonacci wave cycle projection
- High and low point symmetry modeling
- Configurable linear regression overlays
- Customizable wave slope and center ratios
Details
Published by
morindok on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Support & resistance, Trend
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Point 1 | time | 0 | t1 |
| p1 | price | 0 | p1 |
| Point 2 | time | 0 | t2 |
| p2 | price | 0 | p2 |
| Wave Symmetry Center Ratio | float | 0.5 | sym_center_ratio |
| Reset Wave After 5 Cycles (Disable for Infinite Growth) | bool | true | reset_wave |
| Apply Fibo Wave to Trend Line | bool | false | apply_wave_to_line |
| Apply Fibo Wave to Gray Line (Cross Level) | bool | false | apply_wave_to_gray |
| Apply Fibo Wave to Main Price Candles | bool | false | apply_wave_to_price |
| Apply Fibo Wave to High Point Level | bool | false | apply_wave_to_high |
| Apply Fibo Wave to Low Point Level | bool | false | apply_wave_to_low |
| Apply Overall Slope to Gray Line | bool | false | use_slope_for_gray |
Show all 22 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Inverse Slope for Gray Line | bool | false | inverse_gray_slope |
| Show High Point Symmetry Candles | bool | false | show_high_sym |
| Show Low Point Symmetry Candles | bool | false | show_low_sym |
| Regression: Main Candles | bool | true | show_reg_main |
| Regression: Orange Symmetrical | bool | false | show_reg_sym |
| Regression: Green Normal MA | bool | false | show_reg_norm_ma |
| Regression: Purple Inverse MA | bool | false | show_reg_inv_ma |
| Regression: Teal High Point | bool | false | show_reg_high |
| Regression: Maroon Low Point | bool | false | show_reg_low |
| Main Candle Source | source | hlc3 | regression_source |
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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