Uncharted Territory Fibs

📘 Uncharted Territory Fibs

Advanced Fibonacci Projection & Confluence Indicator
(Protected Source)

🧭 Overview

Uncharted Territory Fibs is a next-generation Fibonacci projection system designed for identifying high-probability confluence zones when price enters uncharted territory — areas beyond previous highs or lows.
It automatically detects valid swing pivots, determines trend bias, and plots Fibonacci extensions and projections with built-in cluster logic to highlight the single most powerful confluence level.

⚙️ Core Features

Automatic Trend Bias:
Determines direction using either manual Up/Down selection or EMA-based “Auto” bias detection.

Swing-Based Anchoring:
Uses confirmed pivot highs and lows (non-repainting) to define valid swing legs for Fibonacci mapping.

Fibonacci Extensions & Projections:

Extensions: 1.272, 1.618, 2.618, 4.236

Projections (symmetry): 1.0 and 1.618
These levels map both impulse continuation and symmetry targets.

Cluster Engine:
Groups nearby Fibonacci levels within a user-defined tolerance, identifies the zone with the highest confluence, and designates it as the Prime Level.
Secondary targets are spaced apart for cleaner visualization.

Smart Visualization:

Lines are anchored directly to the last confirmed swing pivot.

Fixed-length projection (default 20 bars) ensures levels stay visually stable.

Labels display exact price and ratio type.

Optional price-scale markers and alert triggers.

Alerts Built-In:

“Near Prime Confluence” alert when price approaches key zone.

“Cross Prime Confluence” alert when price breaks through the zone.

🎯 How to Use

Apply on higher-timeframe charts (4H, Daily, or Weekly recommended).

Choose bias mode: Auto, Uptrend, or Downtrend.

Adjust swing sensitivity (pivot left/right bars).

Toggle which Fibonacci ratios to include.

Tune cluster tolerance and spacing to refine precision.

Watch for Prime Confluence zones forming above or below structure — potential reversal or breakout targets.

Set alerts for automated notifications near critical levels.

💡 Why It’s Different

Unlike basic Fibonacci tools that simply project multiple overlapping lines, Uncharted Territory Fibs performs real-time mathematical clustering to isolate the most statistically dense confluence level — simplifying complex multi-leg Fibonacci relationships into a single actionable zone.

The result: fewer lines, higher confidence, and cleaner market structure visualization when price explores new highs or lows.

🔐 Protected Source Notice

This indicator is released as a Protected Script to preserve proprietary clustering and swing-selection logic.
All calculations, alerts, and visuals are fully functional for users, while the underlying algorithm remains secured.
This complies with TradingView’s publishing standards for unique and non-trivial closed-source scripts.

⚠️ Disclaimer

This tool is for educational and analytical purposes only.
It does not provide financial advice or guarantee performance.
Always perform your own analysis and manage risk accordingly.

🏷 Credits

Concept inspired by Carolyn Boroden’s Fibonacci work and expanded with custom clustering logic and pivot-anchoring methodology for high-timeframe projection analysis.