FreeOpen sourcePine Script v6
Build editable Fibonacci retracement levels from a confirmed swing, a user-selected manual origin, or a rolling high-low range. Examine current depth, re-armed touch episodes, fixed-horizon responses and proximity to ratios from a larger range on the same chart.
Every level is terminal + (origin − terminal) × ratio. The terminal is 0% and the origin is 100%. Current depth uses the same orientation for upward and downward legs; below 0% is beyond the terminal and above 100% is beyond the origin. This is descriptive research, not a signal, forecast, probability model or AI system.
A directional origin-to-terminal leg, H/L markers, ten editable ratio lines, ratio/price labels, optional 38.2–50.0%, 50.0–61.8% and 61.8–78.6% bands, current-depth cursor, latest-touch markers, larger-range proximity diamonds and a compact readout.
Automatic swing accepts alternating right-confirmed highs and lows after spacing, ATR-size and same-side revision filters. Manual origin searches from a selected time/price point. Rolling range chronologically joins the extremes inside a fixed window. A changed origin or terminal resets all current-structure touch and response statistics.
Automatic swing uses right-confirmed pivots and a finalized local fallback during warm-up. Manual origin retains the selected point and never silently substitutes an automatic structure. Rolling range can change as its fixed window advances.
H/L sits on the historical pivot bar, but the pair is unavailable until Right bars have elapsed. Horizontal levels begin at availability instead of extending backward through bars where the complete pair was not knowable.
A touch must leave a wider re-arm envelope before another episode is counted. Response is normalized displacement at a fixed later bar. A larger-range diamond is only a distance match, not level strength or reversal probability.
Add the public script to a standard-candlestick price chart. Under the defaults, identify the origin, terminal, diagonal leg, 0%–100% levels, three depth bands, current-depth cursor and readout before changing one input at a time.
Open the public Fibonacci Retracement Depth & Retest Grid – Swing High Low page and add it to a TradingView chart. Automatic swing uses confirmed pivots and a finalized local-range fallback until a complete pair exists. No SG Group account is required.
Overlapping lines, bands, backgrounds or tables can be duplicate drawings of the same kind of information. Never treat visual overlap by itself as stronger evidence or signal agreement. TradingView Fib Retracement, another automatic Fibonacci, pivots, swing markers, support/resistance, horizontal levels and risk/reward drawings can duplicate the 0%–100% grid, three bands, anchors, touch markers, diamonds, right-side labels and readout. Ratio 4/5 width and fills style the same levels; they are not separate evidence.
Do not begin by treating a ratio as support, resistance or a reversal forecast. Verify the anchor engine, availability time, current depth, touch re-arm rule and fixed-horizon response definition in order.
Read Anchor as Confirmed, Manual, Range, Past swing or Past range, then distinguish H/L location from the horizontal-level start. Automatic swing necessarily includes Right bars of delay.
Depth runs from terminal 0% toward origin 100%. Nearest identifies the closest enabled ratio and ATR-normalized distance. Shallow, Mid, Deep, T+ and O+ classify location only.
T counts distinct touch episodes and R counts completed fixed-horizon measurements. Average response and larger-range proximity derive from the same price and ratio structure and do not become multiple confirmations.
Confirmed-swing, user-selected manual-origin, or fixed-window high-low anchoring.
Retrospective visible-right-edge confirmed swing / local-range fallback / study state with sequential response and price alerts disabled.
Current proportional retracement / nearest enabled ratio and ATR-normalized distance; not a trade rating.
Shallow, middle, deep, beyond-terminal or beyond-origin location; not reversal probability.
Distinct touch episodes / completed fixed-horizon response measurements for the active structure.
A primary ratio is within tolerance of an enabled ratio from the larger rolling range; not strength or support/resistance.
The historical high/low pivot location; availability occurs only after Right bars have elapsed.
The labels below match the published script’s English Inputs panel. Defaults reflect the public source at the time of review and may change in a later TradingView update.
On small screens, each input is reformatted as a readable stacked card.
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Use visible right edge in past charts | On | When the latest bar is outside the visible chart, the visible right edge becomes the study endpoint. Automatic swing mode recalculates from a bounded local historical window; Manual origin preserves the selected point and searches only up to that visible endpoint. |
Anchor engine | Automatic swing / options: Automatic swing, Manual origin, Rolling range | Automatic swing is the default. It uses the latest accepted right-confirmed pivot leg and a bounded local-range fallback during warm-up, so the grid remains visible. Manual origin lets you select the structural start point and calculates the opposite terminal automatically. Rolling range uses a fixed lookback. |
Origin point | Interactive point | Controls origin point. Start with the published default and change one input at a time. |
Origin point (paired time field; no separate UI label) | Interactive point | Used only in Manual origin mode. After switching modes, use Reset points from the script menu to place the paired point, then drag it when needed. Every point change recalculates the origin, direction, terminal, levels, depth, and statistics from scratch. |
Origin direction | Auto from point / options: Auto from point, Up leg, Down leg | Auto first interprets a point nearer the selected bar's low as an up-leg origin and a point nearer its high as a down-leg origin. If that preferred side has no valid later terminal but the opposite side does, Auto uses the valid side instead. Up leg and Down leg enforce the selected direction without fallback. |
Origin price handling | Snap to selected bar / options: Snap to selected bar, Use selected price | Snap uses the selected bar's low for an up leg or high for a down leg; when Swing source is Closes, it uses the selected bar's close. Use selected price preserves the exact price coordinate of the point. |
Use closed bars for auto terminal | On | Recommended for live use. The automatic terminal updates from closed bars only, reducing intrabar anchor flicker. Current depth can still update with the live price. |
Terminal search limit bars | 0 / min 0, max 5000 | Maximum bars searched after the selected origin. Zero searches through the live edge or the visible historical endpoint. If the limit leaves no valid terminal, no Fibonacci structure is displayed. |
Swing source | Wicks / options: Wicks, Closes | Wicks uses high and low. Closes uses close for both upper and lower pivot/range detection. |
Pivot left bars | 5 / min 1, max 50 | Sets the observation length for pivot left bars. |
Right bars | 5 / min 1, max 50 | A swing pivot becomes available only after this many bars have closed to its right. |
Minimum bars between alternating pivots | 3 / min 1, max 200 | Sets the observation length for minimum bars between alternating pivots. |
Minimum range span bars | 5 / min 1, max 500 | Used only when Anchor engine is Rolling range. |
ATR length | 14 / min 1, max 500 | Sets the observation length for atr length. |
Minimum leg ATR | 1 / min 0, max 100, step 0.1 | Filters newly alternating pivots whose price distance is smaller than this ATR multiple. A value of 0 disables the size filter. |
Same-side revision ticks | 1 / min 0, max 1000, step 0.25 | A same-side pivot updates the active terminal only if it exceeds the previous terminal by at least this many minimum ticks. This reduces flicker from tiny revisions in live conditions. |
Rolling range lookback | 200 / min 10, max 3000 | Used only when Anchor engine is Rolling range. |
Automatic local window bars | 120 / min 20, max 500 | Controls the bounded local range used while Automatic swing is warming up and when studying a past chart. A larger value expands structural context; a smaller value keeps the calculation more local. Manual origin ignores this window. |
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Show | On | Shows or hides Ratio 1 without changing the stored ratio value. |
Ratio 1 | 0 / min -2, max 3, step 0.001 | Sets the editable value for Ratio 1; values outside 0–1 are extensions. |
Show | On | Shows or hides Ratio 2 without changing the stored ratio value. |
Ratio 2 | 0.236 / min -2, max 3, step 0.001 | Sets the editable value for Ratio 2; values outside 0–1 are extensions. |
Show | On | Shows or hides Ratio 3 without changing the stored ratio value. |
Ratio 3 | 0.382 / min -2, max 3, step 0.001 | Sets the editable value for Ratio 3; values outside 0–1 are extensions. |
Show | On | Shows or hides Ratio 4 without changing the stored ratio value. |
Ratio 4 | 0.5 / min -2, max 3, step 0.001 | Sets the editable value for Ratio 4; values outside 0–1 are extensions. |
Show | On | Shows or hides Ratio 5 without changing the stored ratio value. |
Ratio 5 | 0.618 / min -2, max 3, step 0.001 | Sets the editable value for Ratio 5; values outside 0–1 are extensions. |
Show | Off | Shows or hides Ratio 6 without changing the stored ratio value. |
Ratio 6 | 0.65 / min -2, max 3, step 0.001 | Sets the editable value for Ratio 6; values outside 0–1 are extensions. |
Show | Off | Shows or hides Ratio 7 without changing the stored ratio value. |
Ratio 7 | 0.705 / min -2, max 3, step 0.001 | Sets the editable value for Ratio 7; values outside 0–1 are extensions. |
Show | On | Shows or hides Ratio 8 without changing the stored ratio value. |
Ratio 8 | 0.786 / min -2, max 3, step 0.001 | Sets the editable value for Ratio 8; values outside 0–1 are extensions. |
Show | Off | Shows or hides Ratio 9 without changing the stored ratio value. |
Ratio 9 | 0.886 / min -2, max 3, step 0.001 | Sets the editable value for Ratio 9; values outside 0–1 are extensions. |
Show | On | Shows or hides Ratio 10 without changing the stored ratio value. |
Ratio 10 | 1 / min -2, max 3, step 0.001 | Sets the editable value for Ratio 10; values outside 0–1 are extensions. |
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Track level-touch episodes | On | Counts a new touch only after price has first moved outside the re-arm distance. Statistics reset whenever the active anchors change. |
Touch tolerance mode | ATR / options: ATR, Leg percent, Ticks | Controls touch tolerance mode. Start with the published default and change one input at a time. |
ATR tolerance | 0.08 / min 0, max 10, step 0.01 | Controls atr tolerance. Start with the published default and change one input at a time. |
Leg % | 0.2 / min 0, max 20, step 0.05 | Controls leg %. Start with the published default and change one input at a time. |
Ticks | 4 / min 1, max 10000 | Controls ticks. Start with the published default and change one input at a time. |
Re-arm distance multiplier | 1.75 / min 1, max 20, step 0.25 | After a touch, price must move completely outside tolerance multiplied by this value before another touch can be counted. |
Response measurement bars | 5 / min 1, max 100 | Measures price a fixed number of chart bars after each new touch. With confirmed-only events enabled, the measurement uses the closing value of the horizon bar. Positive values mean movement back toward the terminal anchor; negative values mean movement toward or beyond the origin anchor. This is descriptive, not predictive. |
Evaluate events on confirmed bars only | On | Shows, hides or enables evaluate events on confirmed bars only. |
Show latest touch marker per level | On | Shows, hides or enables show latest touch marker per level. |
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Highlight larger-range ratio overlap | On | Compares each active Fibonacci level with the same enabled ratios calculated from a longer rolling high/low range. A diamond identifies proximity within the selected tolerance; it does not imply that a level will hold. |
Larger-range lookback | 500 / min 20, max 3000 | Sets the observation length for larger-range lookback. |
Overlap tolerance mode | ATR / options: ATR, Primary leg percent, Ticks | Controls overlap tolerance mode. Start with the published default and change one input at a time. |
ATR tolerance | 0.12 / min 0, max 10, step 0.01 | Controls atr tolerance. Start with the published default and change one input at a time. |
Leg % | 0.3 / min 0, max 20, step 0.05 | Controls leg %. Start with the published default and change one input at a time. |
Ticks | 6 / min 1, max 10000 | Controls ticks. Start with the published default and change one input at a time. |
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Show anchor leg | On | Shows, hides or enables show anchor leg. |
Show origin and terminal markers | On | Shows, hides or enables show origin and terminal markers. |
Show level labels | On | Shows, hides or enables show level labels. |
Show depth bands | On | Uses the Ratio 3, 4, 5, and 8 input slots to form three configurable retracement-depth bands. |
Extend levels right | On | Shows, hides or enables extend levels right. |
Level line style | Solid / options: Solid, Dashed, Dotted | Controls level line style. Start with the published default and change one input at a time. |
Regular line width | 2 / min 1, max 4 | Controls regular line width. Start with the published default and change one input at a time. |
Ratio 4 / 5 width | 4 / min 1, max 5 | Controls ratio 4 / 5 width. Start with the published default and change one input at a time. |
Level label content | Ratio + price / options: Ratio, Price, Ratio + price, Research detail | Controls level label content. Start with the published default and change one input at a time. |
Label offset bars | 2 / min 0, max 50 | Sets the observation length for label offset bars. |
Label size | Small / options: Tiny, Small, Normal | Controls label size. Start with the published default and change one input at a time. |
Base line transparency | 0 / min 0, max 80 | Sets the transparency for base line transparency; higher values are less prominent. |
Shallow band transparency | 90 / min 70, max 100 | Sets the transparency for shallow band transparency; higher values are less prominent. |
Core | 82 / min 70, max 100 | Sets the transparency for core; higher values are less prominent. |
Deep | 90 / min 70, max 100 | Sets the transparency for deep; higher values are less prominent. |
Shallow color | rgba(0,214,255,1) | Sets the display color for shallow color. |
Middle | rgba(146,92,255,1) | Sets the display color for middle. |
Deep | rgba(255,56,118,1) | Sets the display color for deep. |
Origin | rgba(255,196,0,1) | Sets the display color for origin. |
Up leg | rgba(0,255,163,1) | Sets the display color for up leg. |
Down leg | rgba(255,86,86,1) | Sets the display color for down leg. |
Overlap | rgba(173,255,47,1) | Sets the display color for overlap. |
Depth cursor | rgba(255,214,0,1) | Sets the display color for depth cursor. |
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Show context readout | On | Shows, hides or enables show context readout. |
Readout position | Top right / options: Top right, Bottom right, Top left, Bottom left | Controls readout position. Start with the published default and change one input at a time. |
Readout edge clearance (%) | 6 / min 2, max 20 | Reserves transparent horizontal space between the readout and the chart edge. This prevents the fixed panel from covering TradingView High/Low labels and price-scale markers. Increase only when a narrow device or large chart labels need more room. |
Readout text size | Normal / options: Tiny, Small, Normal | Controls readout text size. Start with the published default and change one input at a time. |
Show current-depth cursor | On | Shows, hides or enables show current-depth cursor. |
Enable dynamic touch alert() calls | Off | When enabled, an alert created with 'Any alert() function call' receives the touched-ratio list and the current close. Confirmed-bar evaluation remains controlled by the event setting above. |
Alerts report a newly confirmed structure, terminal revision, ratio contact, core-band entry or origin/terminal cross. They do not direct a trade or forecast reversal, continuation, target or stop.
This tool is for analysis and visualization. It is not investment advice, a trade recommendation, a forecast, or a promise of profit or accuracy. Results depend on inputs, symbol, timeframe, and data feed. You remain responsible for every trading decision.
A pivot is unavailable until its right-side bars close. A later more-extreme same-side confirmed pivot can revise the terminal, changing the active structure and resetting statistics. A blanket non-repainting claim would be inaccurate.
A historical visible-right-edge study already knows the completed local period. Sequential response statistics and price-event alerts are disabled and the readout changes to Study. Use TradingView Bar Replay for chronology-sensitive work.
One bar can contact several levels without revealing their order. Disabling confirmed-bar evaluation allows realtime states to change before close and reloaded history contains only finalized OHLC.
The formula is arithmetic in price; logarithmic scale changes visual spacing only. Heikin Ashi, Renko, Kagi and other non-standard charts may contain synthetic prices. Results depend on the symbol, timeframe, session, provider and history supplied by TradingView.
Ratio lines, depth bands, current depth, touch counts, fixed-horizon average response and larger-range proximity are related descriptions from the same anchors and price data. Do not count coincidence as independent evidence or convert it into support, resistance, reversal, continuation, entry, target, stop or probability.
Clarify confirmation delay, past-chart study, touch episodes, fixed-horizon response, larger-range proximity and custom ratios.
Yes. It is a free, open-source indicator published by SG Group on TradingView. Review TradingView’s terms and the conditions attached to the public script before reuse or redistribution.
Start with the published defaults and observe the drawings and state changes first. Then change one input at a time for the symbol, timeframe and data feed so you can identify what caused each visual change.
Yes, but similar lines, bands, backgrounds and tables can overlap and obscure their source. Isolate each indicator first and hide duplicate components. Visual overlap alone is not stronger evidence or signal agreement.
No. It is analysis and visualization context consistent with the public description. It does not provide entries, exits, targets, stops, price forecasts, or promises of profit, win rate or accuracy.
No. H/L marks where the high or low occurred. Automatic swing becomes available only after Right bars have closed. Horizontal levels begin at availability and are not extended backward through bars where the pair was not yet knowable.
This guide is grounded in SG Group’s live catalogue, the script’s published TradingView description, and the user-facing inputs in its open source. Labels and defaults can change after a script update.
