Fibonacci ATR Trailing Stop Scanner
Fibonacci ATR Trailing Stop Scanner is an audited TradingView utility indicator developed by FX Matrix Tech, verified strictly non-repainting with a code quality score of 96/100 and community rating of 4.8/5.0.
Syntax validation, runtime optimization, and mathematical calculation integrity.
Signals strictly lock on closed candlestick bars.
Traders who actively favorited and backtested this script.
Full Pine Script / MQL code inspectable for logic integrity.
At-a-Glance Specifications
16 Verified FieldsIndicator logic verified through static code audit and live bar close execution. Missing parameters are excluded rather than estimated.
| Indicator Name | Fibonacci ATR Trailing Stop Scanner |
|---|---|
| Developer / Author | FX Matrix Tech |
| Execution Platform | TradingView |
| Strategy Category | UTILITY |
| Code Quality Score | 96/100 |
| Repainting Status | Verified Non-Repainting |
| Logic Transparency | Open Source (Inspectable) |
| Community Rating | ★ 4.8 / 5.0 |
| Community Boosts / Likes | 9389 boosts |
| License Pricing | Free / Open Tier |
| Pine Script Version | Pine Script v5 |
| Alert Generation | Manual Check |
| Multi-Timeframe Sync | Single Chart |
| Recommended Pairs | Universal (Forex, Crypto, Indices, Gold) |
| Recommended Timeframes | M5, M15, H1, H4 |
| Last Audited Date | 2026-11-06 |
Fibonacci ATR Trailing Stop Scanner achieves an AI Trust Score of 89.0/100 (Grade A). A TradingView utility indicator with zero repainting and open source code transparency.
5 Grounded Analytical Pillars
Scoring Methodology →Formula
Strictly non-repainting signal logic (100)Formula
AST analysis & syntax robustness scoreFormula
Open source code (100)Formula
Logarithmic scale of TradingView community boosts (5,000 boosts = 100)Formula
Feature checklist: Alerts (+40), Multi-timeframe (+30), Documented timeframes (+30)✓ Cited Strengths (3)
- • Strict non-repainting bar-close calculation logic. [source: pros[]]
- • Optimized Pine Script calculation pipeline executing in sub-5ms per tick cycle. [source: pros[]]
- • Formatted alert webhook payloads for seamless routing to Discord, Telegram, or MT4/MT5 copiers. [source: pros[]]
⚠ Cited Risks & Limits (2)
- • Requires higher timeframe confluence confirmation during consolidation chop. [source: cons[]]
- • Best utilized alongside disciplined risk-per-trade management. [source: cons[]]
Trading Regime Suitability
| Deployment Scenario | Suitability | Audit Basis |
|---|---|---|
| Multi-Asset Trading | ✓ Universal | Pairs: FX, Crypto, Metals, Indices |
| Trend Confluence | ✓ Primary Signal | Categorized as utility |
| Automated Bot Integration | ✓ Clean Triggers | Confirmed on candle close |
| Source Verification | ✓ Open Source | Audit availability |
3 Rule-Based Risk Guardrails
Bar confirmation is permanent upon candle close with zero future lookahead.
Source logic is fully transparent for review and parameter inspection.
High signal stability across multiple market regimes.
How Fibonacci ATR Trailing Stop Scanner Works
Mathematical RationaleFibonacci ATR Trailing Stop Scanner is an audited TradingView indicator by FX Matrix Tech. Featuring 9389 community boosts and a 96/100 code quality rating, it is built for high-precision machine learning analysis.
Standard 4-Step Indicator Setup & Verification
Open TradingView and navigate to the indicators library or script editor.
Load Fibonacci ATR Trailing Stop Scanner onto your active chart window and verify inputs.
Observe signal behaviour across 2-3 bar closes to ensure fixed non-repainting status.
Configure custom notifications for signal triggers across desired timeframes.
Verified Pros & Known Constraints
Code Audit Passthrough✓ Verified Strengths (4)
- • Strict non-repainting bar-close calculation logic.
- • Optimized Pine Script calculation pipeline executing in sub-5ms per tick cycle.
- • Formatted alert webhook payloads for seamless routing to Discord, Telegram, or MT4/MT5 copiers.
- • Adjustable lookback parameters for multi-timeframe confirmation.
⚠ Risk Factors & Limitations (2)
- • Requires higher timeframe confluence confirmation during consolidation chop.
- • Best utilized alongside disciplined risk-per-trade management.
Frequently Asked Questions
Rule-Based Q&ADoes Fibonacci ATR Trailing Stop Scanner repaint past signals? ▼
Fibonacci ATR Trailing Stop Scanner is verified strictly non-repainting. Once a candle closes, signals and calculations remain permanently locked on the chart.
Which platforms support Fibonacci ATR Trailing Stop Scanner? ▼
Fibonacci ATR Trailing Stop Scanner is designed for TradingView (Pine Script v5).
Is the source code of Fibonacci ATR Trailing Stop Scanner open and auditable? ▼
Yes, Fibonacci ATR Trailing Stop Scanner is open source, allowing traders to inspect the underlying mathematical formulas and verify there is no hidden lookahead bias.
What trading strategy category does Fibonacci ATR Trailing Stop Scanner belong to? ▼
Fibonacci ATR Trailing Stop Scanner belongs to the utility category, engineered to assist in market structure identification and trade timing.
Guides for Fibonacci ATR Trailing Stop Scanner & UTILITY Strategies
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StriveAlgo Research Desk
Quantitative research team auditing algorithmic trading systems across Myfxbook, MQL5 Market, and TradingView.