BulletProof AutoFib (2027 Update)
Key Features
- Automatic Fibonacci levels: 1.000, 0.764, 0.618, 0.500, 0.382, 0.236, and 0.000, recalculated continuously from a user-defined lookback length
- Color-coded zone fills: red near the top of the range, yellow through the midpoint, green near the bottom, for a quick visual read on where price sits within the range
- Optional buy/sell signals: triangle markers plot when price crosses back through the 0.236 or 0.764 levels, with optional EMA trend and RSI filters to help screen out lower-quality signals
- Real-time optimization: choose whether fib levels calculate from closed bars only (steadier levels, less mid-bar shifting) or from the live price (more responsive, may repaint intrabar)
- Alert-ready: built-in alert conditions for both buy and sell zone entries, with an option to confirm on bar close only to help avoid repaint-based false alerts
- Dynamic zone labels: a "Buy Zone" or "Sell Zone" label follows price on the last bar so you always know where you stand relative to the range
- Fully customizable: every level color, fill color, fill transparency, EMA length, RSI length, and threshold is user-adjustable from the settings panel
How It Works
The indicator measures the highest and lowest price over the lookback period (default 265 bars) and divides that range into standard Fibonacci retracement levels. As price makes new highs or lows, the entire grid shifts to reflect the current range. Optional EMA and RSI filters can be layered onto the buy/sell signals to align them with the prevailing trend and avoid overbought/oversold conditions.
Settings
- Fib Length: number of bars used to calculate the high/low range
- Source: price source used for calculations
- Use Closed Bars: toggles between stable (closed-bar) and responsive (live-bar) level calculation
- Alert on Bar Close Only: reduces repaint risk on signal alerts
- Trend Filter (EMA) and RSI Filter: optional confirmation filters for buy/sell signals
- Show Level Labels / Show Dynamic Zone Labels: toggle on-chart labeling
- Full color and transparency controls for all levels and fills
This indicator is intended to help visualize price structure and potential reaction zones. It does not predict future price movement, and like any technical tool it should be used alongside your own risk management and analysis, not as a standalone trading system.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact CapitalHoldings3M directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact CapitalHoldings3M directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.