Structural ZigZag with automatic Fibonacci levels and support/resistance marks
Don't have TradingView yet? Sign up here and get $15 off your next plan.
Affiliate link
1 / 8
Edo ZigZag Auto Fib SR is a technical indicator designed to automatically identify relevant market swings and project the most important Fibonacci levels as support and resistance. It combines structural ZigZag reading with Fibonacci retracement precision, providing in a single indicator both structural context and key price levels without manual drawing.
Edo ZigZag Auto Fib SR includes three sensitivity profiles (Scalper, Swing, Long Term) that adjust Pivot Depth automatically. Individual Fibonacci levels can be enabled or disabled and their colors customized. Structure labels, S/R marks, structure lines, movement percentages and the summary table can all be toggled independently. Full configuration details are available in the official manual.
Trading involves risk. This indicator is an analysis tool and does not constitute financial advice, investment recommendations, or trading signals. The user is solely responsible for their trading decisions.
