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ToolTack FibWeave

Fibonacci & Market Structure Indicator for TradingView

Map structure, read momentum and plan entries with clarity — one indicator that combines BOS / CHoCH detection, dynamic Fibonacci levels and a live confluence dashboard on a single chart.

ToolTack FibWeave on a TradingView SPY daily chart showing automatic BUY and SELL signals, BOS and CHoCH structure labels, Fibonacci retracement levels, and the on-chart confluence dashboard.
FibWeave on SPY (Daily) — automatic BUY / SELL signals, BOS & CHoCH structure labels, Fibonacci levels and a live confluence dashboard.

01 Quick Summary

FibWeave is an invite-only TradingView indicator that unifies three common workflows — market structure analysis, Fibonacci retracement mapping and momentum-aware confluence scoring — into one chart overlay. It is designed to remove repetitive drawing tasks and present a clean visual of where price is and what it is doing.

TypeTechnical analysis indicator
PlatformTradingView (invite-only)
AssetsStocks · ETFs · Forex · Crypto · Indices · Futures
Timeframes1m to Weekly
LevelBeginner-friendly · useful for advanced
Best ForSwing & intraday traders

02 Overview

Manual Fibonacci traders spend a lot of time selecting swing points, redrawing levels after every new high or low and cross-checking momentum on a second indicator. FibWeave automates that workflow: it identifies the active swing, measures the retracement, classifies the zone (Premium · Equilibrium · Discount) and flags whether volume momentum is building or fading.

How it supports your process: FibWeave does not predict the market and does not promise winning trades. It is a structured visual reference that helps you read trend, location and momentum together, so you can spend more time on decisions and less time on chart admin.

Use it in trending or post-reversal phases to find structured pullbacks, or on higher timeframes to define directional bias before dropping to lower timeframes for execution. In choppy ranges, signals can whipsaw — that is exactly why the dashboard is built in: to give context for every label printed.

03 Key Features

Auto Market Structure

Detects Break of Structure (BOS) and Change of Character (CHoCH) and labels HH / HL / LH / LL automatically — no manual swing drawing.

Dynamic Fibonacci Levels

Plots 0.382, 0.500, 0.618 and 0.786 retracements from the active swing, plus an extension target line.

BUY / SELL Visual Signals

Clean entry labels print only when structure, zone and momentum align — reducing visual noise on the chart.

Confluence Dashboard

On-chart panel shows Trend, Fib Direction, Zone, Confluence count, Vol Momentum, Vol Ratio, timeframe and version.

Premium / Discount Zones

Classifies current price into Premium, Equilibrium or Discount to support smart-money workflows.

Customisable Display

Toggle labels, line styles, dashboard position and signal sensitivity from the indicator settings panel.

04 How to Use FibWeave

1

Add it to TradingView

Open the Indicators menu → Invite-Only Scripts → select TT FibWeave and apply it to your chart.

2

Choose chart, market & timeframe

Works on any symbol. Use Daily / Weekly for swing setups; 15m–1H for intraday. Match the timeframe to your strategy.

3

Read the dashboard top-down

Trend → Fib Direction → Zone → Vol Momentum. These four lines define the regime before you act on any label.

4

Interpret the signals

BOS = trend continuation. CHoCH = potential reversal. Green BUY / red SELL labels only print when conditions align.

5

Combine with your own analysis

Cross-check with price action, support & resistance, volume or other ToolTack tools before considering a position.

6

Review before any trading decision

Plan entries, stops and targets against the structure FibWeave highlights — and validate against your risk plan.

05 Strategy Ideas

Educational examples only — always test before using real capital.

Trend Following

Pullback into Fibonacci

Trend = Bullish, recent BOS to the upside. Wait for retrace into 0.5–0.618 and a BUY label with Vol Mom = Building. Stop below the most recent HL.

Reversal Warning

CHoCH Entry

CHoCH flips structure and Zone shifts. First retrace after the flip — take the matching label only with confluence ≥ 2. Stop beyond the CHoCH swing.

Breakout Confirmation

BOS + Volume Surge

Trade only the BOS where Vol Ratio > 1.0x. Skip BOS prints on declining volume — they tend to be lower-conviction continuations.

Multi-Timeframe

HTF Bias, LTF Entry

Load FibWeave on Daily for directional bias, then drop to 1H or 15m. Take only the LTF signals matching HTF Trend and Fib Direction.

Mean Reversion

Premium / Discount Fade

Range-bound asset. Fade Premium back toward 0.5 (short) or Discount toward 0.5 (long). Smaller size, tighter stops.

Watchlist Workflow

Daily Scan, Weekly Bias

Run FibWeave across a curated watchlist. Pre-mark symbols where Trend, Zone and Vol Mom align, then plan execution levels.

Reminder: these are educational frameworks, not signals to copy. Always test strategies on historical data and in a simulator before using real capital, and size positions within your risk plan.

06 Best Tools to Combine With

FibWeave is most powerful when used as one input among several. Pairing it with complementary ToolTack utilities adds independent confirmation and reduces overreliance on any single signal.

Trend Tools

Confirm directional bias before taking a FibWeave label.

Momentum Tools

Filter signals when momentum disagrees with the BUY / SELL print.

Volatility Tools

Adjust position size and stop distance to current volatility regime.

Support & Resistance

Stack FibWeave zones against horizontal levels for higher-conviction areas.

Screeners & Dashboards

Surface watchlist setups, then drop into FibWeave for the entry plan.

Risk Management Tools

Standardise stops, targets and position sizing across every trade.

07 Easy Setup Guide

Get all 28+ tools activated in 4 simple steps.

1

Go to Your Dashboard

After purchasing your plan, log in to your ToolTack account and navigate to your personal dashboard. This is your command centre for managing your subscription and tools.

2

Update Your TradingView Username

Enter your exact TradingView username in the designated field. Make sure it matches your TradingView profile exactly — this is how access is granted.

3

Wait for Activation

The ToolTack team will activate the tools on your TradingView account within 24 hours. You will receive a confirmation email once activation is complete.

4

Access Your Tools

Open TradingView → Indicators → Invite-Only Scripts. Your ToolTack indicators, screeners, dashboards and strategies will be ready to add to your charts.

08 Who It Is For

Active traders Swing traders Intraday traders Technical analysts TradingView users Students of technical analysis Traders who want faster chart analysis Traders who prefer structured tools over manual scanning

Why Subscribe to ToolTack

One subscription unlocks the full ToolTack library — indicators, screeners, dashboards and strategies built specifically for TradingView workflows. Activate with your TradingView username and access everything from a single dashboard.

09 Frequently Asked Questions

Do I need TradingView to use this tool?

Yes. ToolTack tools are invite-only TradingView scripts, so a TradingView account (free or paid) is required.

How long does activation take?

Up to 24 hours after you submit your TradingView username in your ToolTack dashboard. A confirmation email is sent once done.

Where do I find the tool after activation?

In TradingView, open Indicators → Invite-Only Scripts. All your activated ToolTack tools will appear there.

Does this tool guarantee profitable trades?

No. FibWeave is a chart analysis utility that supports your decision process. It does not predict markets and does not guarantee any outcome.

Can beginners use it?

Yes — the visual labels and dashboard make it beginner-friendly, while the structure, zone and momentum layers add depth for experienced traders.

Can I use it with other indicators?

Yes. FibWeave is designed to combine with trend, momentum, volatility, S&R, screeners, dashboards and risk management tools.

What happens if my TradingView username is wrong?

Access will not be granted. Update your username in the ToolTack dashboard to match your TradingView profile exactly and resubmit.

Disclaimer. This user guide is for educational purposes only. ToolTack tools are designed to support market analysis and trading workflow. They do not provide financial advice, investment advice, or guaranteed trading results. Users should test all tools and strategies before using real capital. Trading involves risk of loss.