OPEN-SOURCE SCRIPT
Updated 📅 Non-Euclidean Fib Gibbonaci
📅 *Non-Euclidean Fib Gibbonaci**
This indicator dynamically identifies high-probability liquidity zones using a combination of **weekly market structure**, **asymmetric Fibonacci geometry**, and **volume clustering**.
### 🔍 **What It Does:**
* **Detects Weekly Structure Shifts:**
Automatically checks each new week for a break in weekly highs or lows. If a structural change is detected, all liquidity levels are recalculated.
* **Builds Non-Euclidean Fibonacci Ranges:**
Instead of traditional swing-based Fibs, this indicator creates a **distorted Fibonacci zone** around the weekly close using the Golden Ratio (φ ≈ 1.618). This generates asymmetric, forward-projected Fib levels.
* **Volume-Based Liquidity Zones:**
For each projected level, volume is accumulated from the past 50 bars when the price closed near that level. These volumes are then **tiered dynamically based on the previous week’s total volume**.
* **5 Dynamic Volume Tiers:**
Liquidity levels are color-coded based on volume interaction:
* 🔴 **Very High**
* 🟠 **High**
* 🟡 **Mid**
* 🔵 **Low**
* ⚪ **Very Low**
(Thresholds are based on **percentage of last week’s volume**, fully adjustable via settings.)
* **Smart Drawing Engine:**
* Only draws when structure changes.
* Includes inverse bands (bottom-up projections), midlines (optional), and clean auto-clearing of old levels.
* Optional labels show Fib level and volume tier.
* **Predictive Liquidity Zones:**
High-volume extension levels (e.g. Fib 1.272 or above) trigger **"🔺 Potential Top"** and **"🔻 Potential Bottom"** labels, helping to forecast potential exhaustion zones.
---
### ⚙️ **Customizable Settings:**
* Enable/disable:
* Inverse Fibonacci bands
* Midlines between bands
* Volume-based labels
* Adjust:
* Volume tier thresholds (% of prior weekly volume)
* Label display filtering (only show top tiers)
---
### ✅ **Best Used For:**
* Traders who want to identify **key liquidity zones** based on structural shifts.
* Spotting **volume-backed Fib confluences** that may act as magnets or reversal zones.
* Forecasting **potential tops/bottoms** using historical price/volume behavior — dynamically, and in context.
---
### 🚫 No Repainting:
Once weekly structure is established, levels do not repaint. Volume clustering is based on actual historic bar closes.
---
Let me know if you want a shorter version or a version with emojis minimized for a more formal audience.
This indicator dynamically identifies high-probability liquidity zones using a combination of **weekly market structure**, **asymmetric Fibonacci geometry**, and **volume clustering**.
### 🔍 **What It Does:**
* **Detects Weekly Structure Shifts:**
Automatically checks each new week for a break in weekly highs or lows. If a structural change is detected, all liquidity levels are recalculated.
* **Builds Non-Euclidean Fibonacci Ranges:**
Instead of traditional swing-based Fibs, this indicator creates a **distorted Fibonacci zone** around the weekly close using the Golden Ratio (φ ≈ 1.618). This generates asymmetric, forward-projected Fib levels.
* **Volume-Based Liquidity Zones:**
For each projected level, volume is accumulated from the past 50 bars when the price closed near that level. These volumes are then **tiered dynamically based on the previous week’s total volume**.
* **5 Dynamic Volume Tiers:**
Liquidity levels are color-coded based on volume interaction:
* 🔴 **Very High**
* 🟠 **High**
* 🟡 **Mid**
* 🔵 **Low**
* ⚪ **Very Low**
(Thresholds are based on **percentage of last week’s volume**, fully adjustable via settings.)
* **Smart Drawing Engine:**
* Only draws when structure changes.
* Includes inverse bands (bottom-up projections), midlines (optional), and clean auto-clearing of old levels.
* Optional labels show Fib level and volume tier.
* **Predictive Liquidity Zones:**
High-volume extension levels (e.g. Fib 1.272 or above) trigger **"🔺 Potential Top"** and **"🔻 Potential Bottom"** labels, helping to forecast potential exhaustion zones.
---
### ⚙️ **Customizable Settings:**
* Enable/disable:
* Inverse Fibonacci bands
* Midlines between bands
* Volume-based labels
* Adjust:
* Volume tier thresholds (% of prior weekly volume)
* Label display filtering (only show top tiers)
---
### ✅ **Best Used For:**
* Traders who want to identify **key liquidity zones** based on structural shifts.
* Spotting **volume-backed Fib confluences** that may act as magnets or reversal zones.
* Forecasting **potential tops/bottoms** using historical price/volume behavior — dynamically, and in context.
---
### 🚫 No Repainting:
Once weekly structure is established, levels do not repaint. Volume clustering is based on actual historic bar closes.
---
Let me know if you want a shorter version or a version with emojis minimized for a more formal audience.
Release Notes
Tweaks for adjustment of Candles to look at increased Number variants For choice charts.Release Notes
Fixed some things Bugs and what not 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.