Trend Line Fibonacci [TLF]

TLF is a price based Adaptive Scalping Indicator ideally to be used over lower timeframes
1min, 5min,.... 30 min

Its made using pivot calculations of fibonacci lookback lengths, which gives it an adaptability
default lookback lengths are:

This indicator is a pine script clone of Trend Line Fibonacci as available in MT4
google search ( prorealcode , trend line fibonacci )

Get Quality Free-mium Indicators (
On Scripts Section of myProfile

About me
I Wake Trade Eat Sleep Daily!
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?