# 14. Fib Levels

#### What are Fib Levels?

**Fib Levels** are Fibonacci retracement levels automatically calculated based on key support and resistance levels (Key Levels). They help identify potential price reversal zones during corrective movements.

The system calculates five standard Fibonacci levels:

| Level | Value | Description                     |
| ----- | ----- | ------------------------------- |
| 0.236 | 23.6% | Shallow retracement             |
| 0.382 | 38.2% | Moderate retracement            |
| 0.5   | 50%   | Medium retracement              |
| 0.618 | 61.8% | Deep retracement (golden ratio) |
| 0.786 | 78.6% | Very deep retracement           |

**Two Level Directions**

For each level, two directions are calculated:

* **Fib Up** — retracement level for upward movement (long). Calculated from support level to price maximum.
* **Fib Down** — retracement level for downward movement (short). Calculated from resistance level to price minimum.

<figure><img src="https://3464542099-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZTABwQlZM4vDvLFKaqdc%2Fuploads%2F9u2jxYCRWueolzkBNiiN%2FLTCUSDT_2025-12-20_10-34-43.png?alt=media&#x26;token=39b5531e-9846-4196-86bd-650fbc408bc8" alt=""><figcaption><p>Fib Up - Fibonacci levels on an uptrend</p></figcaption></figure>

<figure><img src="https://3464542099-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZTABwQlZM4vDvLFKaqdc%2Fuploads%2FJXRpLPTskdDZImf3tOhD%2F1000BONKUSDT_2025-12-20_10-35-15.png?alt=media&#x26;token=26926e33-a0c5-4ddd-beb8-dd65f22eb23e" alt=""><figcaption><p>Fib Down - Fibonacci levels on a downtrend</p></figcaption></figure>

### Fib Levels Signals

**Distance Metrics**

We measure the percentage distance between the current price and each Fibonacci level.

<table data-full-width="true"><thead><tr><th width="300">Parameter</th><th>Description</th><th>Example</th></tr></thead><tbody><tr><td>Distance to FIB X (up) in % greater than</td><td>Alert triggers when the price is farther than the specified percentage from the Fib Up level.</td><td>BTCUSDT 1h, FIB 0.618 (up), 5% — triggers when price is ≥5% away from the 0.618 level.</td></tr><tr><td>Distance to FIB X (up) in % less than</td><td>Triggers when price approaches the Fib Up level within the specified percentage.</td><td>ETHUSDT 30m, FIB 0.382 (up), 2% — price within 2% of the 0.382 level.</td></tr><tr><td>Distance to FIB X (down) in % greater than</td><td>Alert triggers when the price is farther than the specified percentage from the Fib Down level.</td><td>SOLUSDT 4h, FIB 0.5 (down), 3% — triggers when price is ≥3% away from the level.</td></tr><tr><td>Distance to FIB X (down) in % less than</td><td>Triggers when price approaches the Fib Down level within the specified percentage.</td><td>LTCUSDT 1h, FIB 0.618 (down), 1% — price within 1% of the level.</td></tr></tbody></table>

{% hint style="info" %}
X represents one of the Fibonacci levels: 0.236, 0.382, 0.5, 0.618, or 0.786. A total of 20 distance conditions are available (4 conditions × 5 levels).
{% endhint %}

**Price Position Signals**

These signals trigger when the price crosses a Fibonacci level.

<table data-full-width="true"><thead><tr><th width="300">Parameter</th><th>Description</th><th>Application</th></tr></thead><tbody><tr><td>Price above FIB X (up)</td><td>Signal triggers when the current price is above the Fib Up level.</td><td>Confirms uptrend strength — price holds above the retracement level.</td></tr><tr><td>Price below FIB X (up)</td><td>Signal triggers when the current price drops below the Fib Up level.</td><td>Potential long entry point — price has reached the retracement zone.</td></tr><tr><td>Price above FIB X (down)</td><td>Signal triggers when the current price is above the Fib Down level.</td><td>Potential short entry point — price has reached the retracement zone.</td></tr><tr><td>Price below FIB X (down)</td><td>Signal triggers when the current price drops below the Fib Down level.</td><td>Confirms downtrend strength — price holds below the retracement level.</td></tr></tbody></table>

{% hint style="info" %}
A total of 20 price position conditions are available (4 conditions × 5 levels).
{% endhint %}

#### **How to Use Fib Levels Signals**

**Retracement Entry Strategy (Long)**

Classic strategy — buying on pullback to Fibonacci levels in an uptrend:

```
Condition 1: Distance to FIB 0.618 (up) in % less than -1%
Condition 2: Price above FIB 0.618 (up)

Result: Signal triggers when price approaches the 0.618 level
from above — potential zone for long entry.
```

**Retracement Entry Strategy (Short)**

Selling on pullback to Fibonacci levels in a downtrend:

```
Condition 1: Distance to FIB 0.618 (down) in % less than 1%
Condition 2: Price below FIB 0.618 (down)

Result: Signal triggers when price approaches the 0.618 level
from below — potential zone for short entry.
```

**Combination with Key Levels**

Fib Levels work great together with key levels:

```
Condition 1: Distance to 1H support level in % less than 5%
Condition 2: Distance to 1H FIB 0.618 (up) in % less than 2%

Result: Signal triggers when price is simultaneously
near the 0.618 Fibonacci level and close to support level.
```

***

### Screener Table Settings

The screener table includes columns for each Fibonacci level:

<figure><img src="https://3464542099-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZTABwQlZM4vDvLFKaqdc%2Fuploads%2Fyu2UnUk67OnXBG4raeG9%2F%D0%A1%D0%BD%D0%B8%D0%BC%D0%BE%D0%BA%20%D1%8D%D0%BA%D1%80%D0%B0%D0%BD%D0%B0%202025-12-20%20%D0%B2%2010.50.17.png?alt=media&#x26;token=c508901a-34ea-459c-b36e-575fd0f82edb" alt=""><figcaption></figcaption></figure>

**Fib Up Columns**

| Column       | Description                                             |
| ------------ | ------------------------------------------------------- |
| Fib 0.236 Up | Price level and percentage distance to 0.236 (up) level |
| Fib 0.382 Up | Price level and percentage distance to 0.382 (up) level |
| Fib 0.5 Up   | Price level and percentage distance to 0.5 (up) level   |
| Fib 0.618 Up | Price level and percentage distance to 0.618 (up) level |
| Fib 0.786 Up | Price level and percentage distance to 0.786 (up) level |

**Fib Down Columns**

| Column         | Description                                               |
| -------------- | --------------------------------------------------------- |
| Fib 0.236 Down | Price level and percentage distance to 0.236 (down) level |
| Fib 0.382 Down | Price level and percentage distance to 0.382 (down) level |
| Fib 0.5 Down   | Price level and percentage distance to 0.5 (down) level   |
| Fib 0.618 Down | Price level and percentage distance to 0.618 (down) level |
| Fib 0.786 Down | Price level and percentage distance to 0.786 (down) level |

<figure><img src="https://3464542099-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZTABwQlZM4vDvLFKaqdc%2Fuploads%2Fbb91qDEg7TYs8LVLoXWK%2F%D0%A1%D0%BD%D0%B8%D0%BC%D0%BE%D0%BA%20%D1%8D%D0%BA%D1%80%D0%B0%D0%BD%D0%B0%202025-12-20%20%D0%B2%2010.48.41.png?alt=media&#x26;token=53c19ee8-a8fe-444d-a80b-810f86414b67" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
Negative distance means the price is below the level. Positive — above the level.
{% endhint %}

**How to Add Fib Levels Columns to Screener**

1. Open the screener settings [click here](https://cvizor.com/lk/settings)
2. In the Table Screener section, select the desired levels
3. Columns can be sorted by distance or absolute value for quick search of coins near levels

***

### TradingView Chart Indicator

Fibonacci levels are automatically displayed on the TradingView chart for each coin and timeframe.

**Indicator Appearance**

The indicator displays horizontal lines on the chart:

* **Fib Up lines** — show retracement levels for long positions (from support upward)
* **Fib Down lines** — show retracement levels for short positions (from resistance downward)

Each line is labeled with the corresponding level value (0.236, 0.382, 0.5, 0.618, 0.786).

**Color Scheme Settings**

Select the Fibonacci Retracement tool

<figure><img src="https://3464542099-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZTABwQlZM4vDvLFKaqdc%2Fuploads%2FeeejVBxTZUod95drsSjv%2F%D0%A1%D0%BD%D0%B8%D0%BC%D0%BE%D0%BA%20%D1%8D%D0%BA%D1%80%D0%B0%D0%BD%D0%B0%202025-12-20%20%D0%B2%2010.53.30.png?alt=media&#x26;token=8d0c4f9e-8323-4d6d-ad90-73bf70e72469" alt=""><figcaption></figcaption></figure>

Place two arbitrary points 1 and 0 on the chart. Open the tool settings by double-clicking on it. In the Style tab, you can enable/disable Fibonacci levels (we recommend using 0, 0.236, 0.382, 0.5, 0.618, 0.786, 1), as well as disable Background, and customize the color and thickness of lines for each level.

Click OK, the settings will be saved and will be automatically applied the next time you enable the Fib Up or Fib Down indicator.

<figure><img src="https://3464542099-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZTABwQlZM4vDvLFKaqdc%2Fuploads%2FzrIuQrpmuT9WhuxQ3Dqs%2F%D0%A1%D0%BD%D0%B8%D0%BC%D0%BE%D0%BA%20%D1%8D%D0%BA%D1%80%D0%B0%D0%BD%D0%B0%202025-12-20%20%D0%B2%2010.34.16.png?alt=media&#x26;token=95a27e23-c5a1-4577-a179-04913fbe19cd" alt=""><figcaption></figcaption></figure>

#### **How to Enable the Indicator**

1. Open the coin chart in TradingView
2. The Fib Levels indicator is activated by clicking the Fib Up or Fib Down button on the top chart panel.
3. Levels are automatically recalculated when a new key level (Key Level) appears

**Calculation Features**

Fibonacci levels are tied to Key Levels and are updated:

* When a new support or resistance level appears
* When zone boundaries change (zone\_low / zone\_high)
* When a new high or low is reached after level formation

{% hint style="warning" %}
If Key Levels have not yet been formed for a coin/timeframe, Fibonacci levels will not be displayed.
{% endhint %}

#### Fibonacci Levels Significance

| Level | Significance | Description                            |
| ----- | ------------ | -------------------------------------- |
| 0.236 | Low          | Very shallow retracement, strong trend |
| 0.382 | Medium       | Moderate retracement, healthy pullback |
| 0.5   | High         | Classic 50% level, frequently used     |
| 0.618 | Very High    | Golden ratio, key level for traders    |
| 0.786 | High         | Deep retracement, last line of defense |

{% hint style="success" %}
**Tip:** The 0.618 level (golden ratio) is considered the most important and is frequently used by professional traders to identify entry zones.
{% endhint %}

***

#### Cooldown (Spam Protection)

To prevent multiple triggers, Fib Levels signals use a cooldown mechanism:

* Signal triggers **once per candle** on the current timeframe
* After triggering, the next signal is only possible after the current candle closes
* This is similar to the Key Levels mechanism

**Example:**

```
Timeframe: 1h
Condition: Distance to FIB 0.618 (up) less than 2%

10:05 - Condition met → SIGNAL sent
10:30 - Condition still met → Skipped (cooldown until 11:00)
11:00 - New candle, condition met → SIGNAL sent
```

***

### Frequently Asked Questions

**What is the difference between Fib Up and Fib Down?**

* **Fib Up** — levels for upward movement. Calculated from support and show where the price may retrace during a correction in a bullish trend.
* **Fib Down** — levels for downward movement. Calculated from resistance and show where the price may bounce during a correction in a bearish trend.

#### **Why are some levels not displayed?**

Fibonacci levels are calculated based on Key Levels. If a key level (support or resistance) has not yet been formed for a coin or timeframe, the corresponding Fib levels will be unavailable.

#### **How often are levels updated?**

Fibonacci price levels are updated on candle close when:

* A new Key Level appears
* Support/resistance zone boundaries change
* A new extreme is formed (high for Fib Up, low for Fib Down)

Distance to the level is recalculated in real-time with each price tick.

#### **Can Fib Levels be combined with other conditions?**

Yes, Fib Levels can be combined with any other signal conditions:

* Key Levels (support, resistance)
* Indicators (RSI, MA)
* Trends (trend conditions)
* Volume and volatility