© TCL AUTO FIBONACCI

The Golden Ratio, Automated

Fibonacci retracements are the backbone of market geometry, helping traders identify where a pullback might end (Support/Resistance) and where a trend might extend (Take Profits). The TCL Auto Fibonacci indicator takes the guesswork out of drawing these lines by algorithmically finding the most relevant high and low points based on your trading style.

Three Modes for Every Trader

Markets move in fractals. A swing on the 1-minute chart is different from a swing on the Daily. This indicator includes a unique Mode Switcher directly on the chart dashboard:

• Short Term (Depth 12): Perfect for scalpers looking for immediate micro-pullbacks.
• Medium Term (Depth 36): Ideal for day traders capturing the main move of the session.
• Long Term (Depth 144): Designed for swing traders focusing on major structural levels.

Interactive History Navigation

Unlike standard indicators that only show the current Fibonacci leg, TCL Auto Fibonacci allows you to travel in time. Using the “PREV” and “NEXT” buttons on the dashboard, you can scroll through past valid swings. This is an invaluable feature for backtesting, allowing you to visually verify how price respected the “Golden Zone” (61.8%) in previous market cycles.

Smart Filtering

To prevent drawing Fibonacci lines during choppy, flat markets, the indicator includes an optional ADX Filter. When enabled, it will only draw levels if the trend strength (ADX) is above a specific threshold (e.g., 20), ensuring you only trade when there is actual momentum.