OPEN-SOURCE SCRIPT

Stock Fibonacci Signal (v6)

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📊 Stock Fibonacci Signal (v6) – Dual Moving Average Cross Alerts
Description:

The Stock Fibonacci Signal (v6) is a powerful yet flexible crossover indicator built for traders who want clarity in trend shifts without the complexity of full strategy automation.

This tool uses two fully customizable moving averages — defaulted to 5 and 13 periods (Fibonacci-related) — to detect Buy/Sell signals when a crossover occurs. Designed for stocks, ETFs, and crypto assets, the script also includes support for alerts and clean visual markers on the chart.

🔧 Key Features:

✅ Crossover-Based Signal System

Buy signal when the fast MA crosses above the slow MA

Sell signal when the fast MA crosses below the slow MA

✅ Customizable Moving Averages
Choose between SMA, EMA, SMMA (RMA), WMA, VWMA for each line independently.

✅ Signal Labels on Chart
Buy and Sell signals are clearly marked with colored labels above/below the bars.

✅ Built-in Alerts
Compatible with TradingView alerts for real-time notifications when signals occur.

✅ Overlay Design
Clean and lightweight, ideal for intraday and daily chart setups.

How to Use:

Use default 5 & 13 periods for Fibonacci-style swing trading

Combine with volume, RSI, or support/resistance levels for confluence

Works well on all timeframes, especially 15m / 1H / Daily

🧠 This script is intended for signal-only traders who don’t want automatic entries/strategy execution but still want strong visual and alert-based guidance.

For advanced PRO versions with confirmation filters, volume analysis, or multi-timeframe alignment — contact the author.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.