TrendFib Pro [KhedrFX]

Automatic Fibonacci Indicator for TradingView: Real-Time Retracement, Extension & XABC Pattern Tool

TrendFib Pro is a powerful automatic Fibonacci indicator for TradingView that detects recent swing highs and lows in real time to plot precise Fibonacci retracement and extension levels. It combines dynamic swing identification with standard Fibonacci ratios and projects an XABC pattern structure — highlighting key B retracement zones (0.382 or 0.5) and a forward dashed C target — to reveal high-probability confluence areas for trend continuations, pullbacks, and reversals.

This TradingView Fibonacci tool eliminates manual drawing, providing crystal-clear levels and visual aids for faster decision-making across any market (Forex, Crypto, Stocks, Gold, Indices) and timeframe (1-minute to monthly).

Core Features & Underlying Concepts
- Dynamic Swing Detection: Automatically identifies the latest major swing high/low using an adjustable lookback period (default 50 bars) for accurate, real-time auto Fib levels without repainting after confirmation.
- Complete Fibonacci Suite: Plots essential retracement levels (0, 0.236, 0.382, 0.5, 0.618, 0.786, 1) and extension targets (1.272, 1.414, 1.618) based on detected swings ideal for Golden Pocket (0.618 area) bounces and trend continuation setups.
- XABC Pattern Projection: Recognizes potential X-A-B-C formations, validates B retracement depth, and projects a future C target (dashed line) to anticipate explosive moves or reversals after pattern development.
- Visual Confluence Zones: Semi-transparent background boxes highlight high-probability areas (e.g., around 0.5, 0.618, or extensions) for instant visual recognition.
- Customizable Display: One-color mode, adjustable line styles (solid/dashed/dotted), thickness, left/right extensions, label positions (left/middle/right), and price/percent labeling options.
- Info Table: Quick summary of recent XABC-related prices on the last bar for at-a-glance analysis.
- Performance Optimized: Limits drawing objects (~500 max) to ensure smooth chart performance.

This dynamic Fibonacci tool stands out by merging automatic detection, full Fib suite, and basic pattern projection into one non-repainting indicator — saving time while spotlighting confluences where Fibonacci levels align with potential XABC structures.

How to Use TrendFib Pro for Pullback Trading, Reversals & Extensions
The indicator auto-adapts to your chart timeframe — simply switch and see updated Fibonacci retracement TradingView levels and projections.

- Scalping / Intraday (1m–15m): Use shorter lookback (20–30 bars) for quick swings in volatile markets. Target shallow pullback trading Fib entries at 0.382, 0.5, or 0.618 in strong trends. Monitor XABC C-target for short momentum bursts.
- Day Trading (30m–4h): Default 50-bar lookback excels here. Hunt bounces at Golden Pocket Fibonacci (0.618–0.65) or 0.5 retests. Use extensions (1.272+) for take-profits and XABC projections for intraday targets.
- Swing / Position Trading (Daily–Weekly): Extend lookback (80–150 bars) for major swings. Focus on shallow pullbacks (0.236/0.382) in trends or deep 0.786 reversals. Extensions become multi-day targets; XABC often signals key turning points.

Multi-Timeframe Confluence Strategy
Start on higher timeframes (Daily/4h) for trend bias and primary Fib zones, then drop to your trading timeframe for entries where levels cluster (e.g., higher-TF 0.618 + lower-TF 0.5). This alignment dramatically boosts setup probability.

⚠️ Trade Responsibly
TrendFib Pro (TFPro KFX) is a professional-grade analytical tool — not a guaranteed profit machine. For best results, combine it with solid risk management and complementary indicators such as RSI, MACD, or Volume Profile. Trading involves significant risk of loss — always use proper position sizing, stop losses, and backtest thoroughly before live trading.