Auto Fibonacci Golden Pocket (0.618 - 0.65) Retracement
100% Free Indicator
Platform both
Repainting Zero (Confirmed)
Timeframes M1 to Daily
Instruments Forex, Crypto, Gold
TradingView Pine Script (v5) MetaTrader 5 (.ex5/.mq5)

Auto Fibonacci Golden Pocket (0.618 - 0.65) Retracement

Automatically detects swing highs and lows to draw dynamic Fibonacci retracements with emphasized 0.618 - 0.65 Golden Pocket zones.

Access Price
100% FREE No Subscription
★ 4.9 (Verified)
Direct access — zero checkout friction or card required
Includes complete Pine Script v5 open source & setup guide

TradingView Pine Script (v5) Source Code

Copy and paste this code directly into your TradingView Pine Editor

//@version=5
indicator("FxSnip - Auto Fibonacci Golden Pocket", "FxSnip Auto Fib", overlay=true)

len = input.int(20, "Swing Pivot Lookback")
h = ta.highest(high, len)
l = ta.lowest(low, len)
rangePrice = h - l

fib382 = h - (rangePrice * 0.382)
fib500 = h - (rangePrice * 0.500)
fib618 = h - (rangePrice * 0.618)
fib650 = h - (rangePrice * 0.650)
fib786 = h - (rangePrice * 0.786)

plot(h, "Swing High (1.0)", color=color.gray, style=plot.style_stepline)
plot(fib382, "Fib 0.382", color=color.blue, style=plot.style_stepline)
plot(fib500, "Fib 0.500 Equilibrium", color=color.purple, style=plot.style_stepline)
plot(fib618, "Golden Pocket 0.618", color=color.yellow, linewidth=2, style=plot.style_stepline)
plot(fib650, "Golden Pocket 0.650", color=color.orange, linewidth=2, style=plot.style_stepline)
plot(fib786, "Fib 0.786", color=color.teal, style=plot.style_stepline)
plot(l, "Swing Low (0.0)", color=color.gray, style=plot.style_stepline)
1

How to Add to TradingView

  1. Click the "Copy Pine Script (v5)" button above.
  2. Open your chart on TradingView.com.
  3. Click the Pine Editor tab at the very bottom bar.
  4. Select and delete any default code, paste this script, and click "Save" → "Add to Chart".
2

How to Install in MetaTrader 5 (MT5)

  1. Click "Download MT5 Indicator" to save the .ex5 / .mq5 file.
  2. In MT5, click top menu File > Open Data Folder.
  3. Navigate to MQL5 > Indicators folder and paste the file.
  4. In MT5 Navigator window, right-click Indicators > Refresh, then drag it onto your chart.

Key Features & Algorithmic Logic

  • Dynamic swing high & low tracking
  • High-probability Golden Pocket (61.8% - 65%) highlight
  • Fibonacci extension targets (-0.27, -0.618)
  • Clean chart aesthetic with price labels

Indicator Overview

Never draw manual Fibonacci retracements again. The Auto Fibonacci Golden Pocket Indicator dynamically plots 0.382, 0.50, 0.618, 0.65 (Golden Pocket), and 0.786 retracement and extension targets.

Recommended Settings

Best Timeframes: M5, M15, H1, H4
Pairs / Assets: EURUSD, GBPUSD, XAUUSD, BTC
Confirmation Rule: On Bar Close
Alerts: Push, Sound, Webhook

Need Custom Modifications?

Need this indicator converted into an automated MT5 Expert Advisor or customized for your specific trading rules?

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