FibroTrend Matrix Premium [By TraderMan]

📊 FibroTrend Matrix Premium [By TraderMan]

FibroTrend Matrix Premium is a powerful multi-timeframe trend and Fibonacci analysis tool. It combines trend direction, trend strength, and key Fibonacci levels into a single, clean interface with a dynamic table. Perfect for traders who want to see the market structure at a glance.

🧠 How It Works

Trend Detection 📈📉

Uses EMA-based dynamic bands to determine current trend direction.

Computes trend strength using slope of the trend line vs. price deviation.

Works on multiple timeframes (5m, 15m, 30m, 1h, 4h, 1D) for overall market context.

Fibonacci Levels & Zones 🔢

Automatically draws key Fibonacci retracement levels (0, 0.236, 0.382, 0.5, 0.618, 0.786, 1.0).

Adds zones around levels for potential support/resistance areas.

Labels are small and clear, lines slightly thicker for better visibility.

Trend Table Summary 📊

Shows current trend direction, strength, and general trend across multiple timeframes.

Fibonacci levels are included in the table with color-coded cells (green = bullish, red = bearish).

⚡ How to Use / Trading Logic

Identify Trend Direction

Uptrend (Green/“Up”) → look for buying opportunities.

Downtrend (Red/“Down”) → look for selling/shorting opportunities.

Neutral → wait or stay out.

Check Trend Strength

Very Strong / Strong (Green) → trend likely to continue.

Weak / Very Weak (Red) → trend may reverse or be choppy.

Use Fibonacci Levels for Entry & Exit

Enter near support zones in an uptrend.

Enter near resistance zones in a downtrend.

Use zone width & tolerance to set stop-loss or take-profit.

Multi-Timeframe Confirmation ✅

Ensure majority of timeframes confirm trend direction for stronger signal.

Example: if 5 out of 6 timeframes show Uptrend, trend is strong.

💡 Tips

Combine with volume, momentum, or RSI for extra confirmation.

Avoid trading solely on Fibonacci levels; use trend + strength table as main guide.

Works well for swing trading, intraday, and crypto markets.

🎯 Entry Example

Price is in an uptrend (green bars, line up).

Fibonacci retracement 0.382 aligns with support zone.

Trend strength = Strong or Very Strong.

Enter Long near zone, set stop-loss slightly below zone, take-profit near next Fibonacci level.