Indicator ACCESS ~ B3_Fibonacci_Finder


Using the B3HHLL algorithm, this indicator locates up to four sets of 5 Fibonacci Retracements + 2 Fibonacci Extensions. As in many scripts related to this algorithm, the UI contains alerts and a wide array of colorization choices. One instance of the study plots two sets, and a duplicate instance of the study yields all four sets in one chart.

The input structure for the algorithm is very simple. One input called “Sensitivity” controls the algorithm. The more sensitive the input (0-100), the tighter retracement pattern found. Most charts can be left at the default 50 and work incredibly well at locating Fibonacci percentage structures. Percent % structures are entirely editable by the user, and the most commonly used retracement and extension values are set as default. The study is useful to ANYONE using Fibonacci in some way, not just retracement traders. Because of the HHLL’s (highest highs, lowest lows) used in finding the retracements, the results coincide with most wave, harmonic, ABCDE or AB=CD setups.

Why is this algorithm and script a great tool?

  • It works on ANY symbol – This indicator works on any chart that makes highs and lows thru time
  • It works on ANY timeframe or bar resolution
  • It works on ANY bar or candle type
  • It works dynamically to analyze chart behavior, draws SOLID conclusions about the validity of the retracements it draws and ONLY PAINTS VALID LINES
  • Lines that were once valid, but now breached, have their own set of customizable effects; note that by default labels are set to erase for cleaner charts
  • Extremely useful in conjunction with trend indicators
  • A must have for triangulation or ABCDE traders that also use Fibonacci % levels

Fees subject to change ~ Tip by typing & raising the price of the fee at the final checkout page
PERMANENT ACCESS will be granted to your username within a few hours
ACCESS ALLOWS CHART USAGE VIA FAVORITES LIST ~ Code is protected and not accessible

To view this indicator on TradingView: CLICK HERE

Works on Any Chart or Timeframe ~ click pics:

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Create a website or blog at

Up ↑

%d bloggers like this: