OPEN-SOURCE SCRIPT
Cryptocurrency Fibonacci Signal
Cryptocurrency Fibonacci Signal by Kriptomist
Description:
This indicator provides smart Buy and Sell signals based on Fibonacci retracement levels, specifically tailored for the high-volatility nature of cryptocurrency markets.
It automatically detects key Fibonacci levels (0.236, 0.382, 0.5, 0.618, 0.786) and generates entry/exit signals when price action confirms reversal or breakout behavior around those zones.
Core Features:
🔹 Auto Fibonacci Detection
No need to draw manually — the indicator adapts to recent swing highs and lows and adjusts levels dynamically.
🔹 Buy/Sell Signals
Smart logic to detect reversal candlesticks and momentum confirmation near Fibonacci levels.
🔹 Multi-Timeframe Compatible
Works seamlessly on all timeframes (scalp to daily) and with all crypto assets including BTC, ETH, and altcoins.
🔹 Signal Alerts Ready
You can set up TradingView alerts for buy/sell signals for 24/7 monitoring.
🔹 Clean Visuals
Minimalist design with colored signals and level lines for clear decision-making.
Use Cases:
Identify low-risk entry points during pullbacks
Ride breakouts from key Fibonacci levels
Spot reversals on high-probability retracement zones
Combine with RSI, MACD, or EMAs for confluence strategies
How it works:
The script identifies the latest swing high and low
Plots Fibonacci levels accordingly
Generates Buy signals on bullish confirmation near 0.5/0.618 retracement
Generates Sell signals near resistance zones or on trend exhaustion
⚠️ Always backtest before live trading. This tool is for educational and analytical purposes.
For access to PRO settings, private signal groups, or one-on-one setup support, contact the script author.
Description:
This indicator provides smart Buy and Sell signals based on Fibonacci retracement levels, specifically tailored for the high-volatility nature of cryptocurrency markets.
It automatically detects key Fibonacci levels (0.236, 0.382, 0.5, 0.618, 0.786) and generates entry/exit signals when price action confirms reversal or breakout behavior around those zones.
Core Features:
🔹 Auto Fibonacci Detection
No need to draw manually — the indicator adapts to recent swing highs and lows and adjusts levels dynamically.
🔹 Buy/Sell Signals
Smart logic to detect reversal candlesticks and momentum confirmation near Fibonacci levels.
🔹 Multi-Timeframe Compatible
Works seamlessly on all timeframes (scalp to daily) and with all crypto assets including BTC, ETH, and altcoins.
🔹 Signal Alerts Ready
You can set up TradingView alerts for buy/sell signals for 24/7 monitoring.
🔹 Clean Visuals
Minimalist design with colored signals and level lines for clear decision-making.
Use Cases:
Identify low-risk entry points during pullbacks
Ride breakouts from key Fibonacci levels
Spot reversals on high-probability retracement zones
Combine with RSI, MACD, or EMAs for confluence strategies
How it works:
The script identifies the latest swing high and low
Plots Fibonacci levels accordingly
Generates Buy signals on bullish confirmation near 0.5/0.618 retracement
Generates Sell signals near resistance zones or on trend exhaustion
⚠️ Always backtest before live trading. This tool is for educational and analytical purposes.
For access to PRO settings, private signal groups, or one-on-one setup support, contact the script author.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.