OPEN-SOURCE SCRIPT

Auto Trend Fib Signals BY studio Divin

Key Features
Dynamic SL using ATR volatility measure

Two-Tier Profit Taking for partial/full exits

Automatic Level Calculation based on Fibonacci extensions

Clear Visual Labels with exact price levels

Consistent Risk Management (1.5-2% per trade)

Optimization Table
Parameter Scalping Day Trading Swing Trading
ATR Multiplier 1.0 1.5 2.0
TP1 (1.272) 70% Position 50% Position 30% Position
TP2 (1.618) 30% Position 50% Position 70% Position
Time Frame 15-min 1-hour 4-hour

Pro Tips

Confirm with Volume: Increase volume at Fib levels improves signal reliability

Adjust in Ranging Markets: Use tighter SL (1.0x ATR) during consolidation

Trailing Stop: Move SL to breakeven at TP1 hit

Session Timing: Trade during London/NY overlap for best volatility

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