Fibonacci analysis has long been regarded as one of the most powerful tools in technical analysis, yet the manual process of drawing and updating these levels introduces significant subjectivity and inefficiency. My Fibonacci revolutionizes this approach through intelligent automation combined with a sophisticated 20-buffer system designed specifically for Expert Advisor integration.
This indicator represents a quantum leap from traditional manual Fibonacci tools to institutional-grade automated intelligence. By leveraging advanced ZigZag integration, real-time market adaptation, and comprehensive algorithmic accessibility, My Fibonacci provides both visual traders and EA developers with unprecedented market intelligence capabilities.
The foundation of My Fibonacci lies in its sophisticated integration with the proven ZigZag indicator. Rather than relying on subjective manual placement, the system continuously monitors price action and automatically identifies structurally significant swing points. This eliminates human bias while ensuring Fibonacci levels are drawn exclusively on meaningful market movements.
The automated system employs advanced swing validation algorithms that filter market noise while preserving genuine directional changes. This approach guarantees that every Fibonacci formation represents a legitimate market structure rather than temporary price fluctuations.
My Fibonacci incorporates real-time market state analysis through dynamic ATR calculations and volatility assessment. The system automatically adapts its behavior based on current market conditions:
Normal Market Conditions: Seven core Fibonacci levels (0%, 23.6%, 38.2%, 50%, 61.8%, 100%, 161.8%)
High Volatility Periods: Ten comprehensive levels including 78.6% and 127.2% for enhanced precision
Market Context Awareness: Automatic adjustment of sensitivity and filtering based on timeframe and volatility
This intelligent adaptation ensures optimal performance across all market environments, from quiet consolidation periods to dynamic trending phases.
Enable Volume Validation (inpVolumeValidation)
Enable Smart Swing Filtering (inpSmartFiltering)
Enable Adaptive Level Colors (inpAdaptiveColors)
Minimum Swing Size ATR Multiplier (inpMinSwingATR)
My Fibonacci provides complete customization of all Fibonacci levels, enabling adaptation to specific trading methodologies and market characteristics.
My Fibonacci implements a comprehensive buffer system specifically engineered for algorithmic trading. Each buffer serves a distinct purpose in providing complete market intelligence to Expert Advisors:
Buffer Categories:
These buffers provide direct access to calculated Fibonacci level prices, updated in real-time as new swing formations develop.
double GetFibonacciBuffer(int bufferIndex, int barIndex = 0) { return iCustom(_Symbol, 0, “MyFibonacci_v11”, “MyFibonacci_v11”, // Indicator name clrRed, // Line color clrAqua, // Levels color false, // Ray extension 12, 5, 3, 1, // ZigZag: Depth, Deviation, BackStep, Leg true, false, true, false, // Advanced: Adaptive, Volume, Smart, Colors 0.3, 14, 20, // Parameters: MinSwing, ATR, Volume periods 0.0, 23.6, 38.2, 50.0, 61.8, 78.6, 100.0, 127.2, 161.8, 261.8, // Levels bufferIndex, barIndex); }
bool GetCompleteFibonacciAnalysis(FibonacciAnalysis &analysis) { // Initialize structure analysis.isValid = false; analysis.timestamp = TimeCurrent(); // Core price levels (Buffers 0-6) analysis.level_0 = GetFibonacciBuffer(0); analysis.level_236 = GetFibonacciBuffer(1); analysis.level_382 = GetFibonacciBuffer(2); analysis.level_500 = GetFibonacciBuffer(3); analysis.level_618 = GetFibonacciBuffer(4); analysis.level_100 = GetFibonacciBuffer(5); analysis.level_1618 = GetFibonacciBuffer(6); // Market state (Buffers 7-10) analysis.direction = GetFibonacciBuffer(7); analysis.volatility = GetFibonacciBuffer(8); analysis.activeLevels = GetFibonacciBuffer(9); analysis.updateSignal = GetFibonacciBuffer(10); // Price relationships (Buffers 11-13) analysis.distanceNearest = GetFibonacciBuffer(11); analysis.nearestLevelID = GetFibonacciBuffer(12); analysis.pricePosition = GetFibonacciBuffer(13); // Trading signals (Buffers 14-16) analysis.touchSignal = GetFibonacciBuffer(14); analysis.srStrength = GetFibonacciBuffer(15); analysis.volumeConfirm = GetFibonacciBuffer(16); // Advanced analysis (Buffers 17-19) analysis.confluence = GetFibonacciBuffer(17); analysis.successRate = GetFibonacciBuffer(18); analysis.riskReward = GetFibonacciBuffer(19); // Validate critical data if(analysis.level_618 != EMPTY_VALUE && analysis.direction != EMPTY_VALUE && analysis.updateSignal != EMPTY_VALUE) { analysis.isValid = true; } return analysis.isValid; }
enum SignalStrength { SIGNAL_WEAK = 1, SIGNAL_MODERATE = 2, SIGNAL_STRONG = 3, SIGNAL_VERY_STRONG = 4 }; SignalStrength EvaluateSignalStrength(FibonacciAnalysis &analysis) { int strengthPoints = 0; // Level significance (0-2 points) if(analysis.nearestLevelID == 4) strengthPoints += 2; // Golden ratio else if(analysis.nearestLevelID == 3) strengthPoints += 2; // 50% psychological else if(analysis.nearestLevelID == 2) strengthPoints += 1; // 38.2% key level // Support/Resistance strength (0-2 points) if(analysis.srStrength >= 8.0) strengthPoints += 2; else if(analysis.srStrength >= 6.0) strengthPoints += 1; // Risk/Reward favorability (0-2 points) if(analysis.riskReward >= 3.0) strengthPoints += 2; else if(analysis.riskReward >= 2.0) strengthPoints += 1; // Volume confirmation (0-1 points) if(analysis.volumeConfirm == 1.0) strengthPoints += 1; // Multi-timeframe confluence (0-1 points) if(analysis.confluence >= 3.0) strengthPoints += 1; // Historical success rate (0-1 points) if(analysis.successRate >= 75.0) strengthPoints += 1; // Touch signal quality (0-1 points) if(analysis.touchSignal >= 2.0) strengthPoints += 1; // Map points to strength enum if(strengthPoints >= 8) return SIGNAL_VERY_STRONG; if(strengthPoints >= 6) return SIGNAL_STRONG; if(strengthPoints >= 4) return SIGNAL_MODERATE; return SIGNAL_WEAK; }
class FibonacciBufferCache { private: double cachedBuffers[20]; datetime lastUpdate; bool isCacheValid; public: double GetCachedBuffer(int index) { if(!isCacheValid || TimeCurrent() != lastUpdate) { RefreshCache(); } return cachedBuffers[index]; } void RefreshCache() { for(int i = 0; i < 20; i++) { cachedBuffers[i] = GetFibonacciBuffer(i); } lastUpdate = TimeCurrent(); isCacheValid = true; } void InvalidateCache() { isCacheValid = false; } };
My Fibonacci represents a paradigm shift in technical analysis automation, providing both visual traders and algorithmic developers with institutional-grade market intelligence. The comprehensive 20-buffer system enables the development of sophisticated trading strategies while maintaining the simplicity and reliability that make Fibonacci analysis a cornerstone of technical trading.
The indicator's sophisticated architecture combines proven mathematical principles with modern algorithmic capabilities, creating a tool that adapts to market conditions while providing consistent, reliable signals across all timeframes and market environments.
Whether used for visual chart analysis or as the foundation for advanced Expert Advisor development, My Fibonacci delivers professional capabilities with the accessibility and reliability demanded by serious traders and developers.
The complete source code examples, comprehensive parameter documentation, and detailed technical specifications provided in this guide enable immediate implementation of advanced Fibonacci-based trading strategies, representing a significant advancement in automated technical analysis capabilities for the MetaTrader community.
