Trendline Break + Retest + Fibonacci Filter

🔍 How It Works
Repainting Trendlines

Draws dynamic trendlines from the most recent swing highs and swing lows.

These trendlines adjust in real time (repainting) as new pivots appear.

Breakout Detection

Identifies when price breaks above resistance or below support.

Retest Confirmation

Waits for price to pull back to the broken trendline (within a defined tolerance).

Fibonacci Confluence

Only enters a trade if the retest also lands within a Fibonacci retracement zone (default: 38.2% to 61.8%).

This improves setup quality by requiring price to retrace to a known level of interest.

🎯 Trade Conditions
Setup Requirements
Long Break above resistance → retest → price inside 38–61% Fib pullback zone
Short Break below support → retest → price inside 38–61% Fib pullback zone

Trades are entered at market once all conditions are met, with:

Configurable Take Profit and Stop Loss based on % distance

Fully displayed entry points on the chart (Buy/Sell labels)

⚙️ Custom Settings
Swing Length: Defines how far back to look for swing highs/lows.

Retest Tolerance: How close price must come to trendline after breakout.

Fibonacci Min/Max: Range of acceptable Fib retracement zone (e.g., 0.382 to 0.618).

Stop Loss / Take Profit: Simple R/R configuration.

📈 Best For:
Intraday traders on 5m/15m charts

Trend continuation traders

Anyone who uses confluence (trendlines + Fib levels)