Fibonacci Ranges (Real-Time) [LuxAlgo]

The "Fibonacci Ranges" indicator combines Fibonacci ratio-derived ranges (channels), together with a Fibonacci pattern of the latest swing high/low.


The indicator draws real-time ranges based on Fibonacci ratios as well as retracements. Breakouts from a Fibonacci Channel are also indicated by labels, indicating a potential reversal.

Each range extremity/area can also be used as support/resistance.


  1. Fibonacci Channels
  2. Latest Fibonacci

Both, Latest Fibonacci and Fibonacci Channels, display different Fibonacci levels (labels not included in the code):

However, the 2 react in a totally different way.

🔹 Fibonacci Channels

2 conditions must be fulfilled until a Fibonacci Channel is displayed:

  • New swing high/low
  • close has to be between chosen limits/levels (Break level)

As visual guidance, chosen Break levels are accentuated by 2 small gray blocks:

Once the channel is displayed, it will remain visible until x consecutive bars break out of the chosen Break level at closing time.
x consecutive bars is set by Break count.

The amount of breaks is counted in the code. When the price, without breaking the user-set limit, closes back between the 2 levels, the count is reset to 0.

By enabling Channels and Shadows you can see previous channels ("Shadows", which is always delayed with 1 bar)

Previous channels can be helpful in finding potential support/resistance areas, especially from large channel blocks

The more narrow Break levels are set the less chance the price closes between these 2 levels, and the quicker close breaks out.

In other words, narrow levels give fewer & smaller channels, broader levels give more & larger channels.


• swing settings: L & R

Break count (x consecutive bars that close outside chosen levels to invalidate the Fibonacci Channel)
will also be of influence in displaying the channels.

Show breaks enable you to visualize signals when there is a break:

• Alerts can also be set (Break Down/Break Up)

🔹 Latest Fibonacci

This displays the Fibonacci levels between the latest swing high and swing low, independently from the Fibonacci Channel.

The Lastest Fibonacci can be helpful in detecting the current trend against the larger Fibonacci Channel.


🔹 Swing Settings

🔹 Fibonacci Channels

  • Channel: Channel / Channels + Shadows / None

  • Break level
    -0.382 - 1.382
      0.000 - 1.000
      0.236 - 0.764
      0.382 - 0.618

  • Break count

🔹 Fibonacci

  • Toggle
  • Colours: [-0.382 - 0], [0.236 - 0.382], [0.5], [0.618 - 0.764], [1 - 1.382]

Get Access to LuxAlgo indicators:

Join our 100k+ community:

All scripts & content provided by LuxAlgo are for informational & educational purposes only. Past performance does not guarantee future results.
오픈 소스 스크립트

이 스크립트의 오써는 참된 트레이딩뷰의 스피릿으로 이 스크립트를 오픈소스로 퍼블리쉬하여 트레이더들로 하여금 이해 및 검증할 수 있도록 하였습니다. 오써를 응원합니다! 스크립트를 무료로 쓸 수 있지만, 다른 퍼블리케이션에서 이 코드를 재사용하는 것은 하우스룰을 따릅니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.


이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.

차트에 이 스크립트를 사용하시겠습니까?