Edo ZigZag Auto Fib SR

FREE

Structural ZigZag with automatic Fibonacci levels and support/resistance marks

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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.

Features

Automatic ZigZag with configurable Pivot Depth (Scalper / Swing / Long Term profiles)
Automatic Fibonacci levels on the last confirmed swing (0.000 to 1.000, with optional 1.272 and 1.618 extensions)
Support and resistance marks (S/R) at each confirmed pivot
Structure labels (HH / HL / LH / LL) with exact price at each pivot
Movement percentage per swing segment
Structure lines connecting confirmed highs and lows separately
Summary table showing direction, last pivot type and last swing percentage

Use Cases

Identifying key Fibonacci retracement levels without manual drawing
Reading market structure (HH/HL/LH/LL) at a glance
Locating relevant support and resistance zones from confirmed pivots
Multi-timeframe structural context using Scalper, Swing or Long Term profiles

Configuration

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.

View on TradingView View Manual Watch on YouTube

Risk Warning

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.