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Fibs on Autopilot.
Meet Auto Fib.
Never draw a fib again
Made by Market Scripters
Made for TradingView
No More Hand-Drawing Fibs!
This automatic fibonacci indicator will plot fib levels for you on your price chart! Fib retracement and extension levels become easily recognizable in real time and are automatically updated.
The retracement values displayed are based on the swing highs and swings lows in price action, and as many fibs will be drawn as possible barring TradingView’s server computation limits.
Doubts? Watch A Demo
What Are fibonacci Retracements?
Fibonacci retracement levels are like grid-lines for traders. Based on nature’s golden ratio, price can “retrace” certain amounts after a move up or down. These amounts are specific, measured, and called retracement levels.
These levels can act as support or resistance as price action approaches. Often price bounces between these levels and turns back to the direction it came from.
Support
Resistance
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What Others Say
Fibomatic detects
- Bullish Retracements
- Bearish Retracements
- Fibonacci Extension Targets
- Swing low, swing high trends
You can use this tool to improve your technical analysis and show tried and true support and resistance levels, just by adding this to your chart.
Make your TA faster and more powerful with this auto fibonacci tool, giving you more time to focus on confirmation with other indicators in your toolkit and planning your entries and exits.
No more wasting time trying to draw your fibo correctly or guessing the right points! This fibonacci indicator automatically calculates fibs for you. Settings are incredibly simple, and you can edit them as you’d like.
Fibomatic Settings
- Show or hide extensions
- Show or hide extensions
- Show or hide more fib levels
- Show or hide price labels
- Draw low-high or high-low
- Change transparency
Hello traders,
A user manual is included with access to our Fibomatic script and we’re happy to answer any questions you may have.
Get in touch with us in our Discord channel or TradingView, and don’t forget to Like and Follow us as well 🙂
MObile ready
You can use this Automatic Fibonacci Retracement indicator in the TradingView app for your phone or at TradingView.com.
Have questions? Reach out to us in our Discord group.