OPEN-SOURCE SCRIPT

SMC Fib Range Signals [@gyanapravah]

197
SMC Fib Range Signals [@gyanapravah]

This indicator blends Smart Money Concepts (SMC) with a Range Filter Trend System and Fibonacci Retracement & Extensions to generate high-probability automated Buy/Sell signals.

Designed to avoid noise and focus on market structure + trend + price confluence, this tool is ideal for:

1. Intraday traders
2. Swing traders
3. Index & stock traders
4. Crypto & Forex traders

CORE FEATURES
Range Filter Trend Detection
Smooth adaptive filter identifies true trend direction
Visual confirmation:
🟢 Green filter = bullish pressure
🔴 Red filter = bearish pressure
🟡 Yellow filter = neutral
Upper & Lower Bands act as dynamic support/resistance zones

Smart Money Order Blocks (SMC)
Automatically detects important pivot highs & lows
Marks:
OB High → supply / resistance zone
OB Low → demand / support zone
Continuously tracks latest OB levels for live price interaction

Fibonacci Engine
Detects the current swing zone and plots:
Retracement levels
0.236 – 0.382 – 0.500 – 0.618 – 0.786 (editable)
Extension targets
1.272 – 1.618
All levels update dynamically on new market structure and pivots.

SIGNAL ENGINE
This indicator generates signals from three independent confirmation systems:
BUY SIGNALS trigger when:
1. Trend flips bullish (price crosses above the Filter)
2.Bullish trend + price reacts near:

Order Block support
Fibonacci 0.382 / 0.618 levels
Bounce from the Lower Band with trend support
All setups require volume confirmation to filter fake breakouts.

SELL SIGNALS trigger when:
1. Trend flips bearish (price crosses below the Filter)
2. Bearish trend + price reacts near:

Order Block resistance
Fibonacci 0.382 / 0.618 levels
Rejection from the Upper Band with trend support
ALERTS READY

Two built-in alerts:
BUY Alert — fires on bullish signal
SELL Alert — fires on bearish signal

INPUT SETTINGS
Trend Engine
1.Source
2.Sampling Period
3.Range Multiplier

Smart Money
Pivot detection sensitivity (Left / Right bars)

Fibonacci
1.Swing lookback length

2.Editable Fib retracement and extension values

3.Toggle show/hide Fib levels

BEST USE CASE

Works extremely well on:

⏱️ 3M – 15M Intraday scalping
⏱️ 30M – 1H positional entries
⏱️ 4H – D1 swing trading

Tested on:
NIFTY / BANKNIFTY / FINNIFTY
Stocks
Crypto
Forex

DISCLAIMER
This indicator is for educational purposes only.
It does NOT guarantee profits.
Always use:
Proper risk management
Stop-loss rules
Your own confirmation before entering trades.

AUTHOR

Built & shared by @gyanapravah (Odisha, India)
Open-source for learning and community improvement.

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.