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Fibonaccianalysis

ABCD Harmonic Projection [WillyAlgoTrader]📐 ABCD Harmonic Projection is an overlay indicator that automatically detects ABCD harmonic patterns from ZigZag pivots, validates them against Fibonacci ratio constraints (BC/AB retracement + CD/AB extension), scores each pattern with a 4-factor quality engine (0–100), projects the D-point completion zone, and draws Target and Stop zones with Fibonacci extension and retracement levels — with full TP/SL outcome tracking and separate bull/bear win rate statistics. The ABCD pattern is one of the foundational harmonic structures: four alternating swing points (A→B→C→D) where the BC leg retraces a Fibonacci portion of the AB leg, and the CD leg extends from C toward a projected D-point that is a Fibonacci ratio of the AB leg. When price reaches the D-point, the pattern completes — and a reversal or continuation move is expected. This indicator automates the entire detection-to-target workflow: find the swings, measure the ratios, validate the geometry, project the target, and track the outcome. 🧩 WHY THESE COMPONENTS WORK TOGETHER Manually identifying ABCD patterns requires eyeballing four pivot points, measuring two Fibonacci ratios, estimating the D-point projection, and drawing the target zone — across multiple instruments and timeframes. Most traders miss patterns or miscalculate ratios. This indicator chains each step into an automated pipeline: ZigZag pivot detection → 4-point ABCD extraction → BC/AB ratio validation → CD/AB extension calculation → D-point projection → 4-factor quality scoring → Target Zone + Stop Zone placement → Fibonacci extension/retracement overlay → TP/SL outcome tracking → Win rate statistics The ZigZag engine ensures only confirmed alternating swings are used (no noise pivots). The ratio validation filters patterns to only those within Fibonacci-valid ranges. The quality scoring ranks patterns by how close they are to ideal geometry. The D-point projection gives a specific price target — not a vague area. And the Target/Stop zones provide precise trade management levels anchored to the pattern's own geometry. 🔍 WHAT MAKES IT ORIGINAL 1️⃣ ZigZag pivot engine with direction management. The indicator uses a directional ZigZag that enforces strict alternation: after a swing high, only a swing low is accepted (and vice versa). If price makes a higher high during an existing up-leg, the previous swing high is updated in place (not duplicated). This prevents the common problem of multiple consecutive highs being treated as separate pivots. Pivots are detected using ta.pivothigh/ta.pivotlow with configurable lookback (default 8 bars). The ZigZag stores prices, bar indices, and directions in parallel arrays — providing the last 200 pivots for pattern scanning. 2️⃣ Fibonacci-validated ABCD pattern detection. When a new pivot is confirmed and at least 4 pivots exist, the indicator extracts the most recent A, B, C points and validates: — BC/AB retracement ratio : must be between minBcAbRatio (default 0.382) and maxBcAbRatio (default 0.886). Classic ABCD ratios are 0.382, 0.500, 0.618, 0.786, and 0.886. Patterns outside this range are rejected. — ATR minimum swing filter : the AB leg must be at least 1× ATR in size — filtering out noise patterns during low-volatility bars. — Minimum leg depth : AB must span at least 3 bars — ensuring the pattern has temporal structure, not just a single spike. Pattern direction: if B > A → bullish ABCD (D projected above C). If B < A → bearish ABCD (D projected below C). The D-point is projected from C using the average of the configurable CD/AB ratio range: projectedD = C + direction × |AB| × avgCdAbRatio. 3️⃣ 4-factor pattern quality scoring (0–100). Each detected pattern receives a quality score from four dimensions: — 📐 Fibonacci precision (45 pts) : how close BC/AB is to the nearest standard Fibonacci level (0.382, 0.500, 0.618, 0.786, 0.886, 1.000, 1.272, 1.618). Exact Fib ratio = full points. 0.05 away = partial. 0.18+ away = zero. This is the most heavily weighted factor because Fibonacci alignment is the core of harmonic pattern validity. — ⏱️ Time symmetry (25 pts) : the ratio of estimated CD bars to AB bars. Perfect symmetry (CD bars = AB bars) = 25 points. Asymmetric patterns (one leg much longer) score lower. — ⚖️ Price symmetry (20 pts) : BC retracement depth relative to 0.618 — deeper retests (closer to 0.618) score higher. Very shallow pullbacks (e.g., 0.236) receive fewer points. — 📏 Leg maturity (10 pts) : AB leg length in bars — patterns with 8+ bars get full points, 5+ get 7, 3+ get 3. Single-bar spikes score zero. Patterns below the Min Pattern Score threshold (default 40) are not displayed. 4️⃣ Fibonacci extension levels projected from C. Four AB extension levels are drawn from point C in the direction of the pattern: — 0.786 × |AB| — shallow completion — 1.000 × |AB| — classic equal-leg ABCD — 1.272 × |AB| — extended completion — 1.618 × |AB| — maximum extension The 1.0 level is drawn thicker (2px, less transparency) as it represents the ideal equal-leg completion. Each level includes a price label. Additionally, the measured BC/AB retracement ratio is displayed at the midpoint of the BC leg for reference. 5️⃣ Fibonacci retracement levels within C→D (partial TP targets). For active patterns, three retracement levels are drawn between C and the projected D: — 0.382 of CD range — first partial profit target — 0.500 of CD range — mid-target — 0.618 of CD range — aggressive partial take These provide natural exit levels before the full D-point is reached — useful for scaling out of positions progressively. 6️⃣ Target Zone + Stop Zone with geometric sizing. On each pattern: — TARGET ZONE : a band around the projected D-point, sized at 10% of the CD range. For bullish patterns: the zone sits just below D. For bearish: just above D. This is where the pattern completion trade expects to reach profit. — STOP ZONE : a band around point C, also sized at 10% of CD range. For bullish patterns: below C. For bearish: above C. If price returns past C, the pattern structure is broken. Both zones extend rightward until price touches the target zone (tracked by touch bar), or the pattern resolves (TP/SL hit). Zones use distinct colors: green for target, red for stop. 7️⃣ TP/SL outcome tracking with separate bull/bear statistics. Each active pattern monitors: — TP hit : price reaches the projected D-point (high ≥ D for bull, low ≤ D for bear) — SL hit : price returns past C against the pattern direction (low ≤ C for bull, high ≥ C for bear) — Simultaneous TP+SL on the same bar → resolved as loss (conservative) On TP hit: R:R is calculated as |entry to TP| / |entry to SL| and accumulated. The dashboard shows separate bull and bear win rates with average R:R on wins. 8️⃣ Active-only display mode. When "Show Active Only" is enabled (default), completed patterns (TP or SL already hit) are hidden — only the current live pattern remains on the chart. When disabled, up to maxPatterns historical patterns are shown for context. This prevents chart clutter while maintaining full statistical tracking. 9️⃣ One-active-pattern constraint. The indicator only allows one active pattern at a time. When an active pattern exists (status = 0), no new patterns are detected. This prevents overlapping projections and conflicting zones. A new pattern can only be detected after the current one resolves (TP or SL). ⚙️ HOW IT WORKS — CALCULATION FLOW Step 1 — ZigZag: Directional pivot detection with alternation enforcement. Higher highs update existing swing (no duplicate). Lower lows same. Pivots stored in parallel arrays. Step 2 — Pattern extraction: On each new confirmed pivot: extract A (3rd-to-last), B (2nd-to-last), C (latest). Compute AB length, BC length, BC/AB ratio. Step 3 — Validation: BC/AB within Fibonacci range? AB ≥ ATR? AB ≥ 3 bars? No active pattern already? Step 4 — Scoring: 4 factors: Fibonacci precision (45), time symmetry (25), price symmetry (20), leg maturity (10). Score ≥ minScore → pattern accepted. Step 5 — Projection: D = C + direction × |AB| × avgCdAbRatio. Bars capped at maxBarsProjection. Step 6 — Drawing: On barstate.islast: delete-and-redraw all visible patterns. AB and BC legs as solid lines. CD projection as dotted. A/B/C/D labels. Score label. Target/Stop zones as boxes. Fib extension and retracement levels as dashed lines with price labels. Step 7 — Evaluation: Each bar: check all active patterns for TP/SL hits. Update status, accumulate win/loss stats, record R:R. 📖 HOW TO USE 🎯 Quick start: 1. Add the indicator — ABCD patterns appear automatically as colored leg lines with A/B/C/D labels 2. Yellow dotted line from C = projected path to D 3. Green "TARGET ZONE" box = where price should reach (take profit) 4. Red "STOP ZONE" box = where the pattern is invalidated (stop loss) 5. Blue dashed lines = Fibonacci extension levels (0.786, 1.0, 1.272, 1.618) 6. Blue dotted lines = partial TP targets (0.382, 0.5, 0.618 of CD) 7. "Long"/"Short" label = confirmed entry signal 👁️ Reading the chart: — 🟢 Green legs + labels = bullish ABCD (D above C, expecting up-move) — 🔴 Red legs + labels = bearish ABCD (D below C, expecting down-move) — 🟡 Dotted projection line = expected path C → D — 🟢 "TARGET ZONE" box = profit target area around projected D — 🔴 "STOP ZONE" box = invalidation area around C — 🔵 Dashed lines = Fib extension levels from C (0.786/1.0/1.272/1.618 of AB) — 🔵 Dotted lines = CD retracement levels (partial TPs: 0.382/0.5/0.618) — Score label (e.g., "72%") = pattern quality 📊 Dashboard fields: — Patterns: active / total count — Last Signal: direction + status (Active/TP ✓/SL ✗) + score — Bull W/L: wins/losses and win rate for bullish patterns — Bear W/L: wins/losses and win rate for bearish patterns — Avg R:R: average reward-to-risk on winning bull/bear trades — ATR: current value for reference — Timeframe, version 🔧 Tuning guide: — Too many patterns: increase ZigZag Length (12–21), increase Min Score (60+), enable ATR filter — Too few patterns: decrease ZigZag Length (5–8), decrease Min Score (30), widen BC/AB ratio range — Patterns too small: increase ATR filter or ZigZag Length — Want only perfect geometry: narrow BC/AB to 0.500–0.786, set CD/AB to 0.9–1.1, Min Score 70+ — Extended patterns: set Max CD/AB to 1.618 or higher ⚙️ KEY SETTINGS REFERENCE ⚙️ Main: — ZigZag Length (default 8): pivot detection lookback — Pivot Sources : configurable high/low sources 📐 Pattern: — Min/Max BC/AB Ratio (default 0.382/0.886): Fibonacci retracement range — Min/Max CD/AB Ratio (default 0.786/1.618): extension range for D projection — Min Pattern Score (default 40): quality threshold — ATR Filter (default On): minimum swing size — Max Patterns (default 3): display limit — Active Only (default On): hide completed patterns 🎨 Visual: — Buy/Sell signals, D projection, Fib levels, TP/SL zones, A/B/C/D labels, score (all toggleable) — Auto / Dark / Light theme 🔧 Advanced: — Max Bars for D Projection (default 200): limits distant projections 🔔 Alerts — 🟢 LONG ABCD / 🔴 SHORT ABCD — entry, TP, SL, score, pattern type All support plain text and JSON webhook format. Bar-close confirmed. ⚠️ IMPORTANT NOTES — 🚫 No repainting. All signals require barstate.isconfirmed and newPivot (confirmed ZigZag pivot). Patterns are detected after the pivot bar closes. Drawings are rendered on barstate.islast using delete-and-redraw — previous bar's pattern state is final. — 📐 The ZigZag enforces strict alternation : high → low → high → low. If price makes a higher high during an existing up-swing, the previous high is updated in place — no duplicate pivots are created. This is essential for correct A/B/C/D extraction. — ⚖️ Only one active pattern is allowed at a time. New patterns are blocked until the current one resolves (TP or SL). This prevents conflicting signals and overlapping zones. — 📊 The quality score is heavily weighted toward Fibonacci precision (45 out of 100 points). A pattern with BC/AB exactly at 0.618 scores much higher than one at 0.450. This reflects the harmonic principle that Fibonacci alignment is the primary measure of pattern validity. — 🔒 Simultaneous TP+SL on the same bar is resolved as a loss (conservative) . This prevents ambiguous outcomes from inflating win rates. — 📏 The D-point projection uses the average of the min/max CD/AB ratio range — not the exact 1.0 (equal legs). With default settings (0.786–1.618), the projected D is at 1.202× AB from C — between classic and extended. Adjust the CD/AB range to target specific completion types. — 🛠️ This is a harmonic pattern detection and projection tool , not an automated trading bot. It identifies ABCD geometry, projects D-point targets, and provides structured trade zones — trade decisions remain yours. — 🌐 Works on all markets and timeframes.
Indicateur Pine Script®
par WillyAlgoTrader
Fibonacci Structure Engine [WillyAlgoTrader]📐 Fibonacci Structure Engine is an overlay indicator that combines automatic Fibonacci retracement from live market structure with Smart Money Concepts (BOS/CHoCH detection), weighted confluence scoring, premium/discount zone classification, and context-filtered engulfing pattern entries — creating a complete structure-to-Fibonacci-to-entry workflow where every component feeds into the next. The core idea: Fibonacci levels are only meaningful when drawn from the correct swing points. This indicator automates the entire process: it detects swing highs/lows with ATR-filtered pivot detection, identifies structure breaks (BOS) and trend reversals (CHoCH), anchors Fibonacci retracement levels from the structure-defined swing, trails the live edge as price extends, locks it when a confirmed pivot arrives, scores the confluence between current price and Fibonacci levels, and generates entry signals when engulfing patterns occur at high-confluence zones in the correct structural context. Most Fibonacci tools on TradingView require manual drawing — you select the swing high and low, and the levels appear. The problem: selecting the wrong swing, forgetting to update after a new structure break, or drawing from a minor swing that doesn't reflect the current trend leg. This indicator solves all three: the Fibonacci anchors update automatically on every structure break, trail the live edge as price extends, and lock when a confirmed pivot arrives — always reflecting the most relevant swing for the current market structure. 🧩 WHY THESE COMPONENTS WORK TOGETHER Fibonacci retracement levels alone are static S/R lines. Structure detection alone tells you trend direction. Engulfing patterns alone fire everywhere. Confluence scoring alone has nothing to score against. This indicator chains them into a dependency pipeline: ATR-filtered swing detection → HH/HL/LH/LL classification → BOS/CHoCH structure breaks → Fibonacci anchor from structure swing → Live edge trailing + pivot locking → Fib level calculation → Confluence scoring (price vs Fib levels) → Premium/Discount zone classification → Engulfing pattern detection in structural context → Entry signal with cooldown The swing detection feeds the structure engine — without confirmed pivots, no BOS/CHoCH can fire. The structure breaks anchor the Fibonacci levels — without a break, there's no swing to draw from. The Fibonacci levels feed the confluence scorer — without levels, there's nothing to score proximity against. The confluence score plus the premium/discount zone filter the engulfing patterns — without context, engulfing patterns produce too many false entries. And the signal cooldown prevents clustering from this entire chain. Removing the structure detection breaks the Fibonacci anchoring. Removing the ATR filter floods the structure with noise swings. Removing the confluence scoring allows entries at non-Fibonacci prices. Removing the premium/discount filter allows bullish entries in premium (where sells should occur). Each component eliminates a specific failure mode. 🔍 WHAT MAKES IT ORIGINAL 1️⃣ Structure-anchored Fibonacci with live edge trailing. The Fibonacci engine uses a 4-phase lifecycle: Phase 1 — Anchor on structure break: When a BOS or CHoCH is detected: — Bullish break: top = current high (live, will trail), bottom = most recent swing low (locked) — Bearish break: bottom = current low (live, will trail), top = most recent swing high (locked) This instantly draws Fibonacci levels from the break point. Phase 2 — Trail live edge: As price extends beyond the initial break, the live edge (top for bull, bottom for bear) updates to the new extreme. Fibonacci levels recalculate continuously to reflect the current move. This captures the full extent of the breakout without waiting for a pivot confirmation. Phase 3 — Lock on pivot: When a confirmed swing high (for bullish trailing) or swing low (for bearish trailing) is detected by the pivot engine, the live edge locks to that confirmed pivot. The Fibonacci levels stop updating and represent the confirmed swing range. Phase 4 — Update on new swings: When a new confirmed swing arrives that differs from the current locked anchor, the Fibonacci levels update to the new structure — always reflecting the most recent confirmed swing. This lifecycle means the Fibonacci levels are always relevant: immediately reactive after a break (phases 1–2), then structurally confirmed once a pivot is detected (phases 3–4). 2️⃣ ATR-filtered pivot detection with noise suppression. Standard ta.pivothigh/ta.pivotlow detects every local extreme, including minor fluctuations that don't represent real swing points. The ATR filter requires: — For a swing high: the distance from the pivot high to the most recent swing low ≥ ATR × multiplier (default 0.5) — For a swing low: the distance from the most recent swing high to the pivot low ≥ ATR × multiplier This ensures only swings of meaningful size (relative to current volatility) are used for structure detection and Fibonacci anchoring. The multiplier is configurable: lower (0.2–0.3) for more granular structure, higher (0.8–1.0) for only major swings. 3️⃣ BOS / CHoCH structure detection with bias tracking. The indicator tracks a persistent structureBias variable (+1 bullish, −1 bearish, 0 neutral): — BOS (Break of Structure) : close breaks above the most recent swing high while bias is already bullish (or below swing low while already bearish) — trend continuation — CHoCH (Change of Character) : close breaks above swing high while bias was bearish, or below swing low while bias was bullish — trend reversal Each break requires: barstate.isconfirmed + the swing level hasn't been broken before (tracked via lastBrokenHigh/lastBrokenLow). Structure lines are drawn from the swing point to the break bar with configurable style (solid/dashed/dotted) and width. 4️⃣ Weighted confluence scoring (0–100). The indicator measures how close the current price is to each Fibonacci level (within ATR × tolerance) and assigns weights by Fib importance: — 0.236 → weight 1.0 (minor level) — 0.382 → weight 1.5 (shallow retracement) — 0.500 → weight 2.0 (equilibrium) — 0.618 → weight 2.5 (golden ratio — highest weight) — 0.786 → weight 1.5 (deep retracement) Swing highs/lows within tolerance add +1.0 each. Total weight × 10 = confluence score (capped at 100). Classification: Strong (≥ 60), Moderate (≥ 30), Weak (> 0), None (0). The tolerance is ATR-based (default 0.3× ATR) — on a volatile instrument, the "near" zone expands proportionally. On a quiet instrument, it tightens. This prevents false confluence readings from both too-tight and too-loose proximity checks. 5️⃣ Premium / Discount zone classification. Using the 0.500 Fibonacci level as the equilibrium: — Premium : close > Fib 0.500 — price is above equilibrium (expensive relative to the swing) — Discount : close ≤ Fib 0.500 — price is below equilibrium (cheap relative to the swing) This classification is used as a context filter for engulfing patterns: bullish engulfing patterns are only marked when price is in discount or at a confluence zone. Bearish engulfing patterns are only marked in premium or at a confluence zone. This prevents the most common engulfing failure mode: bullish patterns at the top of a range and bearish patterns at the bottom. 6️⃣ Context-filtered engulfing pattern detection. The engulfing pattern detection requires: — Current candle body > EMA(body, 14) — above-average body size (not a doji) — Previous candle body < EMA(body, 14) — smaller previous candle (setup for engulf) — Current candle fully engulfs previous candle's body — Context filter: in premium/discount zone OR confluence weight ≥ 1.5 Bearish engulfing (▼): marked when price is in premium or near a Fib level — a reversal pattern at resistance. Bullish engulfing (▲): marked when price is in discount or near a Fib level — a reversal pattern at support. 7️⃣ Dual-path entry signals with cooldown. Two entry paths: — Engulfing + Structure + Confluence : engulfing pattern in context + structure bias aligned + confluence weight ≥ 1.5 — CHoCH (trend reversal) : any confirmed CHoCH — strong reversal signal, no additional confluence required Both paths subject to signal cooldown (default 5 bars) to prevent clustering. Buy/Sell signals are displayed as labels (off by default — enable in Visual Settings). 8️⃣ Golden Zone + Target Zone visualization. Two highlighted zones drawn as semi-transparent boxes: — Golden Zone (0.500 – 0.786): the highest-probability retracement area. Where most retests find support/resistance. — Target Zone (−0.500 – −0.618): the Fibonacci extension target for the next leg. Where price typically reaches after a confirmed retracement entry. Both zones extend rightward by the configurable extension (default 20 bars) and update with Fibonacci level changes. 9️⃣ Seven configurable Fibonacci levels. Individually toggleable: 0.236, 0.382, 0.500, 0.618, 0.786, −0.500, and Target (−0.618). Each drawn with distinct line styles — 0.618 is the thickest and most opaque (golden ratio emphasis), 0.236 is the thinnest (minor level). A dotted reference line connects the swing low to swing high showing the measured move. ⚙️ HOW IT WORKS — CALCULATION FLOW Step 1 — Pivot detection: ta.pivothigh/ta.pivotlow with configurable lookback. ATR filter removes minor swings (swing size must exceed ATR × multiplier). Step 2 — Swing tracking: Most recent two swing highs and two swing lows stored with bar indices. Each new swing is compared to previous → HH/HL/LH/LL classification. Step 3 — Structure detection: Close breaks above swing high → BOS (if bias already bullish) or CHoCH (if bias was bearish). Same logic inverted for bearish breaks. Structure bias updated. Step 4 — Fibonacci anchoring: On break → live edge set at current extreme, locked edge at swing. Live edge trails with price. Locks when confirmed pivot arrives. Updates on new swings. Step 5 — Level calculation: fibLevel = swingHigh − (swingHigh − swingLow) × ratio for each ratio. Extension targets use negative ratios. Step 6 — Confluence scoring: For each Fib level, check if |close − level| ≤ ATR × tolerance. Add weighted score. Include swing level proximity. Cap at 100. Step 7 — Entry logic: Path A: engulfing in context + bias + confluence ≥ 1.5. Path B: CHoCH. Both respect cooldown. 📖 HOW TO USE 🎯 Quick start: 1. Add the indicator — Fibonacci levels and structure labels appear automatically 2. HH/HL/LH/LL labels show market structure 3. BOS/CHoCH labels show structure breaks and reversals 4. Yellow-shaded Golden Zone (0.500–0.786) = highest-probability retracement area 5. ▲/▼ arrows = engulfing patterns in structural context 6. Enable Buy/Sell Signals in Visual Settings for entry labels 👁️ Reading the chart: — 🟢 HH / HL labels = bullish structure (higher highs, higher lows) — 🔴 LH / LL labels = bearish structure (lower highs, lower lows) — 🟢 "BOS" line + label = bullish break of structure (continuation) — 🔴 "BOS" line + label = bearish break of structure — 🟢🔴 "CHoCH" = Change of Character (trend reversal) — 🔵 Horizontal lines = Fibonacci levels (0.236–0.786) — 🟡 Shaded box (upper) = Golden Zone (0.500–0.786) — 🟡 Shaded box (lower) = Target Zone (−0.500 to −0.618) — 🟢 ▲ = bullish engulfing in discount / Fib zone — 🔴 ▼ = bearish engulfing in premium / Fib zone — 🟢 "BUY" / 🔴 "SELL" = confirmed entry signals (when enabled) 🔧 Tuning guide: — Too many structure labels: increase Swing Length (12–20) or increase ATR Multiplier (0.7–1.0) — Missing swings: decrease Swing Length (5–8) or decrease ATR Multiplier (0.2–0.3) — Confluence too strict: increase Confluence ATR Tolerance (0.4–0.5) — Too many engulfing signals: they self-filter by premium/discount — increase ATR Filter to reduce swing count — Signal clustering: increase Signal Cooldown (8–15 bars) ⚙️ KEY SETTINGS REFERENCE ⚙️ Main: — Swing Detection Length (default 10): pivot lookback — higher = larger swings — ATR Swing Filter (default On): minimum swing size as ATR multiple — ATR Filter Multiplier (default 0.5): how large swings must be — Signal Cooldown (default 5): bars between consecutive signals 📐 Fibonacci: — Show Fibonacci Levels (default On) — Fib Extension Bars (default 20): rightward line extension — Individual level toggles : 0.236 (off), 0.382, 0.500, 0.618, 0.786, −0.5, Target −0.618 — Confluence ATR Tolerance (default 0.3): proximity threshold 🏗️ Structure: — BOS / CHoCH (default On): show structure break lines and labels — Swing Labels (default On): HH/HL/LH/LL on pivots — Engulfing Signals (default On): context-filtered patterns 🎨 Visual: — Buy/Sell Signals (default Off): enable for entry labels — Structure line style (Solid/Dashed/Dotted) and width (1–4) — Auto / Dark / Light theme 🔔 Alerts — 🟢 BUY / 🔴 SELL — ticker, price, TF, confluence score, SL, TP — 🔵 BOS — structure break with direction — 🟡 CHoCH — trend reversal with direction All support plain text and JSON webhook format. Bar-close confirmed. ⚠️ IMPORTANT NOTES — 🚫 No repainting. All structure breaks and signals require barstate.isconfirmed. Pivot detection uses equal left/right lookback (swingLen/swingLen) — pivots are confirmed swingLen bars after the actual high/low. Fibonacci levels update on confirmed pivots and structure breaks only. — 📐 The Fibonacci anchor system has two states per edge: live and locked . A live edge trails with price (capturing the full move after a break). A locked edge is confirmed by a pivot. You'll see the Fibonacci levels shift on bar close as the live edge updates — this is by design, not repainting. Once the pivot locks, levels stabilize. — ⚖️ The 0.618 level carries the highest confluence weight (2.5) because it is the golden ratio — the most statistically significant Fibonacci retracement level. The 0.500 carries weight 2.0, while the extreme levels (0.236, 0.786) carry 1.0–1.5. — 📊 Buy/Sell signals are off by default . The indicator is designed primarily as a structure + Fibonacci analysis tool. Enable signals in Visual Settings when you want automated entry detection. — 🔄 CHoCH signals do not require confluence — they represent a structural trend reversal, which is inherently a high-conviction event. Engulfing-based entries require confluence weight ≥ 1.5 + correct structural bias. — 📏 The Golden Zone (0.500–0.786) is the area where most successful retests occur . The Target Zone (−0.500 to −0.618) is the area where the next impulse leg typically reaches. Both are highlighted with semi-transparent boxes. — 🛠️ This is a structure analysis and Fibonacci visualization tool , not an automated trading bot. It maps market structure, draws Fibonacci levels, scores confluence, and identifies high-probability entry zones — trade decisions remain yours. — 🌐 Works on all markets and timeframes.
Indicateur Pine Script®
par WillyAlgoTrader
30
Automatic Fibonacci Levels [WillyAlgoTrader]Automatic Fibonacci Levels is an overlay indicator that detects the dominant swing high and swing low within the visible chart area, draws a full Fibonacci retracement and extension grid between them, highlights the Optimal Trade Entry (OTE) zone at 61.8%–78.6%, marks a target zone at the −50% to −61.8% extension, and labels four take-profit levels — all updating automatically as you scroll or zoom the chart. Most Fibonacci tools on TradingView are either manual (you draw them yourself and they become stale as price evolves) or pivot-based (anchored to a fixed lookback period that may not match the swing you're actually looking at). This indicator takes a different approach: it uses the visible chart range as its context. It finds the highest high and lowest low within what you can currently see, determines trend direction based on which came first, and draws the full Fibonacci grid accordingly. When you scroll or zoom to a different area, the grid adapts — making it a dynamic analysis companion rather than a static drawing tool. 🔍 WHAT MAKES IT ORIGINAL 1. Visible-range swing detection. Instead of using a fixed pivot lookback or requiring manual anchor placement, the indicator scans the chart's visible window (chart.left_visible_bar_time to chart.right_visible_bar_time) to find the absolute high and low. This means the Fibonacci grid always reflects the swing structure you are currently analyzing. Zoom into a 50-bar range to see intraday retracements; zoom out to 500 bars to see the macro structure — the grid adjusts automatically. When the visible range changes (scroll or zoom), swing detection resets and recalculates. 2. Automatic trend direction from swing sequence. The indicator determines bullish or bearish bias by comparing when the swing low and swing high occurred. If the swing low formed first and the swing high formed later, the trend is classified as bullish (retracement levels are drawn down from the high, extensions project upward). If the swing high came first, the trend is bearish (retracement down from the low, extensions project downward). No manual input is needed — the grid orientation follows the price structure. 3. OTE Entry Zone + Target Zone as highlighted boxes. Two key zones are highlighted with semi-transparent boxes: — Entry Zone (61.8%–78.6%) : the Optimal Trade Entry area from ICT/SMC methodology — the deep retracement zone where institutional re-entry is most likely — Target Zone (−50% to −61.8%) : the extension zone where breakout moves frequently reach Both zones have configurable colors and optional text labels ("ENTRY ZONE" / "TARGET ZONE") inside them. Zone-touch alerts fire when price enters either box for the first time. 4. Four labeled take-profit levels. TP labels are placed at key Fibonacci levels to provide a structured scale-out framework: — TP1 at 38.2% (first retracement target — conservative exit) — TP2 at 0% (full swing retest — swing high in uptrend, swing low in downtrend) — TP3 at −27.2% (first Fibonacci extension) — TP4 at −61.8% (deep extension — runner target) Each TP level is only displayed if the corresponding Fibonacci line is enabled, keeping the chart clean. 5. 16 individually toggleable levels. The indicator supports a comprehensive set of levels: 0%, 23.6%, 38.2%, 50%, 61.8%, 70.6%, 78.6%, 100% (standard retracements), plus 18%, 150%, 200% (deep retracements), and −18%, −27.2%, −50%, −61.8%, −100% (extensions). Each level can be toggled on or off independently, so you can configure exactly the grid density you prefer — from a minimal 4-level setup to a full 16-level deep analysis. ⚙️ HOW IT WORKS Swing detection: On every bar, the script checks whether the current bar falls within the chart's visible time window (using chart.left_visible_bar_time and chart.right_visible_bar_time). Within this window, it tracks the highest high and lowest low, along with their bar indices. When the visible window changes (scroll/zoom), all swing data resets and recalculates from scratch. This ensures the grid always reflects your current view. Trend direction: If swingLowBarIdx < swingHighBarIdx (low came first), the trend is classified as bullish — Fibonacci levels count downward from the swing high (0% = high, 100% = low), and extensions project above the high. If the high came first, the trend is bearish — levels count upward from the swing low, extensions project below. Level calculation: Each Fibonacci level is calculated as: price = anchor ± (swingRange × ratio), where the anchor and direction depend on the trend bias. For a bullish trend: 0% = swingHigh, 61.8% = swingHigh − range × 0.618, −50% = swingHigh + range × 0.5. For bearish: mirrored. Zone detection: The Entry Zone (61.8%–78.6%) and Target Zone (−50% to −61.8%) are computed as price ranges. On each confirmed bar, the script checks if the close falls within either zone. A zone-touch alert fires on the first confirmed bar inside the zone (no repeated alerts while price stays in the zone). The inEntryZone / inTargetZone state resets when price leaves, allowing re-entry detection. Drawing: All visual elements (lines, labels, boxes) are drawn on barstate.islast and cleaned up on each redraw to prevent accumulation. Lines extend from 2 bars before the current bar to the label offset position. Zones use extend.right so they remain visible as new bars form. 📖 HOW TO USE Reading the chart: — Orange horizontal lines = Fibonacci levels (retracement + extensions) — Optional % labels next to each line = level identification — Gold semi-transparent box = Entry Zone (61.8%–78.6% OTE) — Gold semi-transparent box with "TARGET ZONE" = extension target (−50% to −61.8%) — TP1–TP4 labels = structured take-profit levels — Optional diagonal line = swing connection (low-to-high or high-to-low) Suggested workflow: — Zoom to the swing you want to analyze — the grid adapts automatically — In a bullish trend: look for buy entries when price retraces into the Entry Zone (61.8%–78.6%), with stop loss below 100% (swing low), targeting TP1 (38.2%) → TP2 (0% / swing high) → TP3 (−27.2%) → TP4 (−61.8%) — In a bearish trend: look for sell entries when price retraces up into the Entry Zone, stop above swing high, targeting downward extensions — Use the dashboard to confirm trend direction and monitor whether price is currently in the Entry or Target zone — Set alerts for zone touches to get notified when price reaches OTE or target levels without watching the chart Customization tips: — For a clean chart: enable only 0%, 61.8%, 78.6%, 100%, −27.2%, −61.8% — this gives you the OTE boundaries, swing anchors, and two extension targets — For deep analysis: enable all 16 levels to see the full Fibonacci structure — Adjust Label Offset to move level labels further right if your chart is crowded — Toggle Show Diagonal Swing Line to visually confirm which high/low pair is being used ⚙️ KEY SETTINGS REFERENCE — Show All Elements (default On): master toggle for all Fibonacci visuals — Line Width (default 1): thickness of Fibonacci lines (1 = subtle, 5 = bold) — Line Style (default Dashed): solid, dashed, or dotted — Label Offset (default 17 bars): how far right of the last bar to place labels — Individual Levels : 16 toggleable levels from 200% to −100% — Show Entry Zone (default On): highlight the 61.8%–78.6% OTE box — Show Target Zone (default On): highlight the −50% to −61.8% extension box — Show Text in Zones (default On): display "ENTRY ZONE" / "TARGET ZONE" labels — Show TP Labels (default On): display TP1–TP4 at key levels — Show Level % Labels (default Off): display percentage text next to each line 📊 Dashboard The info panel displays: — Trend direction (Bullish / Bearish) based on swing sequence — Signal status (Entry Zone / Target Zone / —) when price enters a key zone — Swing range in price units — Current timeframe and indicator version 🔔 Alerts Two alert conditions (each fires once per zone entry on bar close): — Entry Zone touch : price closes inside the 61.8%–78.6% retracement zone — Target Zone touch : price closes inside the −50% to −61.8% extension zone Both support standard text and JSON webhook format. ⚠️ IMPORTANT NOTES — This indicator anchors to the visible chart range — it recalculates when you scroll or zoom. This is a feature, not a bug: it lets you analyze any swing by simply framing it on your screen. However, it means the grid will change if you move the chart. — Fibonacci levels are not predictive — they are reference points based on the measured swing range. Price may or may not react at any given level. — The Entry Zone (61.8%–78.6%) is derived from the OTE concept used in ICT/SMC methodology. It represents a high-probability retracement area, but no retracement zone guarantees a reversal. — Zone alerts require bar-close confirmation and fire once per entry — they do not repeat while price remains in the zone. — Works across all asset classes and timeframes. No volume data required.
Indicateur Pine Script®
par WillyAlgoTrader
6
Gann-Fibonacci Swing Toolkit [BigBeluga]🔵 OVERVIEW Gann–Fibonacci Swing Toolkit is an advanced swing-based projection tool that combines classic Gann geometry with Fibonacci ratios. The indicator automatically detects market swings, anchors them to the most recent structure, and dynamically plots either Gann Fans or Gann Boxes to visualize price–time relationships, trend angles, retracement zones, and expansion targets. This toolkit is designed to help traders understand not only where price may react, but also how fast it should move relative to time. 🔵 HISTORICAL BACKGROUND The foundation of this toolkit comes from two of the most influential schools of market geometry: W.D. Gann (early 1900s) introduced the idea that markets move according to geometric and mathematical laws, where price and time must stay in balance . His work emphasized angles (such as 1×1, 1×2, 1×3) that define how much price should advance or decline per unit of time. Fibonacci ratios , derived from the Fibonacci sequence and popularized in trading decades later, describe natural proportional relationships observed across markets, especially during corrections and expansions. Modern technical analysis merges these ideas by applying Fibonacci ratios to Gann’s price–time framework, creating tools that measure both distance (price) and duration (time) . The Gann–Fibonacci Swing Toolkit follows this combined philosophy by grounding all projections in real swing structure rather than static or manually drawn anchors. 🔵 CORE CONCEPT Swing-Based Anchoring — All calculations start from confirmed swing highs and lows detected via a rolling highest/lowest lookback. Directional Context — The tool automatically determines bullish or bearish structure and adapts all projections accordingly. Price–Time Geometry — Gann logic is applied by projecting price movement relative to elapsed bars, not just price distance. 🔵 KEY FEATURES SWING DETECTION LOGIC A swing high is confirmed when price forms a local maximum and then fails to extend higher. A swing low is confirmed when price forms a local minimum and then fails to extend lower. The most recent completed swing becomes the anchor point for all Gann and Fibonacci calculations. Optional ZigZag lines visually connect completed swings for structural clarity. GANN FAN MODE When Fibonacci Type = Fan , the indicator plots dynamic Gann fan angles from the swing anchor. Fan Ratios — Each fan line represents a 1/x (1/1, 1/2, 1/3, etc.), defining how much price should move per unit of time. Trend-Aware Projection - Bullish fans project upward from swing lows. - Bearish fans project downward from swing highs. Fan Fill Zones — Optional shaded regions between fan levels highlight price compression and expansion areas. GANN BOX (FIBONACCI BOX) MODE When Fibonacci Type = Box , the indicator builds a Gann Box using Fibonacci retracement and time ratios. Horizontal Levels — Fibonacci price retracement levels (0.236, 0.382, 0.5, 0.618, 0.786) are projected from the swing range. Vertical Levels — Fibonacci time divisions are applied across the swing duration to estimate timing of reactions. Inverse Mode — Flips retracement logic to project inverted expansions instead of standard pullbacks. OTE Zone — Optional Optimal Trade Entry zone highlights the premium/discount retracement area. Dual-Axis Structure — Combines price and time into a single geometric framework instead of treating them separately. MAIN FRAME LOGIC A dynamic frame is drawn between the swing anchor and current bar, scaled by trend slope. The frame visually represents the dominant trend channel derived from swing geometry. VISUAL ELEMENTS Swing anchor labels mark the exact price and bar index used for calculations. Color-coded bullish and bearish swings improve structural readability. Labels on fan and box levels display their exact Fibonacci ratios. 🔵 HOW TO USE Use Gann Fans to trade dynamic trend support and resistance that evolves with time. Use Gann Boxes to identify high-probability retracement zones and timing windows. Combine fan angles with horizontal box levels for confluence-based entries. Disable ZigZag if you want a cleaner chart focused only on projections. 🔵 CONCLUSION Gann–Fibonacci Swing Toolkit is a geometry-driven market structure tool that goes beyond static Fibonacci levels. By uniting Gann’s price–time balance with Fibonacci proportionality and anchoring everything to real swing structure, the indicator provides a deeper framework for understanding trend behavior, corrective depth, and future reaction zones — all derived directly from price action itself.
Indicateur Pine Script®
par BigBeluga
5
Fibonacci Sequence Grid [BigBeluga]🔵 OVERVIEW A geometric price mapping tool that projects Fibonacci sequence levels and grid structures from recent price swings to help traders visualize natural expansion and reversion zones. This indicator overlays Fibonacci-based structures directly on the chart, utilizing both grid projections and horizontal levels based on the classic Fibonacci integer sequence (0, 1, 1, 2, 3, 5, 8, ...). It identifies recent swing highs or lows and builds precision-aligned levels based on the trend direction. 🔵 CONCEPTS Uses the Fibonacci integer sequence (not ratios) to define distances from the most recent swing point. Identifies a trend based on EMA cross of fast and slow periods. Projects two types of Fibonacci tools: A grid projection from the swing point, displaying multiple sloped levels based on the sequence. A set of horizontal Fibonacci levels for clean structural references. Levels can be plotted from either swing low or high depending on the current trend direction. Adjustable “Size” inputs control spacing between levels for better price alignment. Lookback period defines how far the script searches for recent swing extremes. 🔵 FEATURES Fibonacci Grid Projection: Draws two mirrored Fibonacci grids—one expanding away from the swing high/low, the other converging toward price. Swing-Based Trend Detection: Uses a fast/slow EMA crossover to determine trend direction and reference swing points for projections. Fibonacci Sequence Levels: Displays horizontal levels based on the Fibonacci number sequence (0, 1, 2, 3, 5, 8, 13, 21...) for natural price targets. Dynamic Labels and Coloring: Each level is labeled with its sequence value and colored based on trend direction (e.g., red = downtrend, green = uptrend). Both grids and levels can be toggled on/off independently. Sizing controls allow tighter or looser clustering of levels depending on chart scale. 🔵 HOW TO USE Enable Fibonacci Grid to visualize price expansion zones during impulsive trends. Use Fibonacci Levels as horizontal support/resistance or target zones. A label below price means the current trend is up and levels are projected from swing low. A label above price means trend is down and levels are projected from swing high. Adjust “Size” input to fit grid/level projection to your preferred chart scale or instrument volatility. Use in confluence with price action, trend indicators, or volume tools for layered trading decisions. 🔵 CONCLUSION Fibonacci Sequence Grid reimagines Fibonacci analysis using whole-number spacing from natural math progressions. Whether used for projecting grid-based expansions or horizontal support/resistance zones, it provides a powerful and intuitive structure to trade within. Perfect for traders who rely on symmetry, market geometry, and mathematically consistent levels.
Indicateur Pine Script®
par BigBeluga
4
Fibonacci 5 Candles Retracement ================================================================================ FIBONACCI 5 CANDLES RETRACEMENT - STRATEGY GUIDE ================================================================================ WHAT DOES THIS STRATEGY DO? --------------------------- This strategy automatically identifies market trends and uses Fibonacci retracements to find the best entry points. The idea is simple: when price makes a strong movement (trend), it often pulls back before continuing in the same direction. The strategy captures these "pullbacks" to enter at the right moment. HOW IT WORKS? ------------- 1. TREND DETECTION The strategy looks for 5 consecutive candles of the same color: - 5 red candles = BEARISH trend (price falls) - 5 green candles = BULLISH trend (price rises) 2. CALCULATION OF START AND END POINTS For a BEARISH trend (5 red candles): - START: The highest point between the first red candle and the previous one - END: The lowest point reached during the 5 candles (and beyond, if the trend continues) For a BULLISH trend (5 green candles): - START: The lowest point between the first green candle and the previous one - END: The highest point reached during the 5 candles (and beyond, if the trend continues) 3. DYNAMIC UPDATE The END point updates automatically if price continues to move in the direction of the trend, creating new highs (for bullish trends) or new lows (for bearish trends). 4. TREND END Normal Mode: - BEARISH trend ends when a candle closes above the previous candle's open - BULLISH trend ends when a candle closes below the previous candle's open "Extended Trend" mode (optional): - The trend remains active until a candle closes beyond the dynamic 50% retracement level - When this happens, the END point "freezes" (stops updating), but the trend can continue 5. FIBONACCI RETRACEMENT CALCULATION Once START and END are identified, the strategy automatically calculates Fibonacci levels. IMPORTANT: for retracements and pending orders, we consider START as 100% and END as 0%, because we work on the part of the trend that is recovered (the pullback). The retracement levels are: - 70% = level closest to START (smallest retracement) - 60% = second level - 50% = central level (often used for entry) - 25% = level closest to END (largest retracement) 6. PENDING ORDER PLACEMENT When a trend is identified and completed, the strategy automatically places a pending order (limit order) at one of the selectable Fibonacci levels. Available levels: - 25%: closest to END - 50%: central level (balanced) - 60%: closest to START - 70%: very close to START The order direction depends on the trend: - BEARISH trend → SHORT order (bet that price falls) - BULLISH trend → LONG order (bet that price rises) Stop Loss and Take Profit (for retracements): - Stop Loss: always at START level - Take Profit: always at END level EXTENDED TAKE PROFIT: If the order is executed (filled), the strategy can apply an "Extended Take Profit" if configured. IMPORTANT: for the extended TP calculation, we consider START as 0% and END as 100% (the original trend movement). For example, if you set 3%, the Take Profit will be at 103% of the original trend movement instead of 100%. AVAILABLE FILTERS ----------------- 1. MINIMUM TREND (pips) Filters trends that are too small. If a trend is below the set value: - START and END labels become gray (instead of red/green) - No pending order is placed - The trend is still displayed on the chart Useful for avoiding trading movements that are too small. 2. EMA FILTER Uses two moving averages (EMA 50 and EMA 200) to filter direction: - If active: places LONG orders only when EMA50 > EMA200 (uptrend) - If active: places SHORT orders only when EMA50 < EMA200 (downtrend) Useful for trading only in the direction of the main trend. 3. EXTENDED TREND Modifies how the trend is considered "completed": - If disabled: uses normal logic (opposite candle) - If active: the trend remains in formation until a candle closes beyond the dynamic 50%. When this happens, END freezes but the trend can continue. Useful for capturing longer trends and extended movements. VISUALIZATION ------------- The strategy displays on the chart: 1. START AND END LABELS - Red color for bearish trends - Green color for bullish trends - Gray color if the trend is not valid (too small) - Remain visible even when new trends form 2. START AND END LINES - Horizontal lines indicating the start (START) and end (END) points of the trend - White color by default, customizable from the settings panel - Update dynamically when the END point changes - Can be shown or hidden via the "Show Start/End Lines" option 3. FIBONACCI LINES The strategy shows horizontal lines at retracement levels: - Line at 50% (yellow by default) - Line at 25% (green by default) - Line at 60% (azure by default) - Line at 70% (red by default) COLOR CUSTOMIZATION: All line colors can be customized from the settings panel in the "LINE COLORS" section: - Start/End Line Color: customize the color of START and END lines - 50% Line Color: customize the color of the 50% line - 25% Line Color: customize the color of the 25% line - 60% Line Color: customize the color of the 60% line - 70% Line Color: customize the color of the 70% line Lines update dynamically when the END point changes and can be shown or hidden individually via options in the "VISUALIZATION" section. 4. PENDING ORDER LABELS Show pending order information: - Direction (LONG or SHORT) - Entry price - Stop Loss - Take Profit Positioned far from the chart to avoid cluttering the visualization. ALERTS ------ If enabled, alerts send notifications when: 1. PENDING ORDER CREATED When a new pending order is placed, with all information. 2. PENDING ORDER UPDATED When the pending order is updated (for example, if the level changes or if the END point moves). 3. ORDER OPENED When the pending order is executed (filled) and the position is opened. Alerts can be configured in TradingView to send notifications via email, SMS, or other platforms. RECOMMENDED SETTINGS -------------------- To get started, you can use these settings: VISUALIZATION: - Show all lines and labels to see how it works - Show Start/End Lines: true (to display lines at START and END points) - Customize line colors in the "LINE COLORS" section according to your preferences STRATEGY: - Pending Order Level: 50% (balanced) - Extended TP: 0% (use standard TP at 100%) FILTERS: - Minimum Trend: 0 pips (disabled initially) - Use EMA Filter: false (disabled initially) - Extended Trend: false (use normal logic) ALERTS: - Enable Alerts: true (if you want to receive notifications) PRACTICAL EXAMPLE ----------------- Scenario: Bearish Trend 1. Price forms 5 consecutive red candles 2. The strategy identifies: - START = 1.2000 (highest point) - END = 1.1900 (lowest point) - Range = 100 pips 3. Calculates Fibonacci levels (for retracements: START = 100%, END = 0%): - 100% = 1.2000 (START) - 70% = 1.1930 - 60% = 1.1940 - 50% = 1.1950 - 25% = 1.1975 - 0% = 1.1900 (END) 4. If you set "Pending Order Level" to 50%: - Places a SHORT pending order at 1.1950 (50% retracement) - Stop Loss at 1.2000 (START = 100%) - Take Profit at 1.1900 (END = 0%) 5. If price rises and touches 1.1950: - The order is executed - Opens a SHORT position - If price falls to 1.1900 → Take Profit (profit) - If price rises to 1.2000 → Stop Loss (loss) IMPORTANT NOTE -------------- This strategy is a technical analysis tool. Like all trading strategies, it does not guarantee profits. Trading involves risks and you can lose money. Always use appropriate risk management and test the strategy on historical data before using it with real money. LICENSE ------- This code is open source and available for modification. You are free to use, modify, and distribute this strategy. If you republish or share a modified version, please kindly mention the original author. ================================================================================
Stratégie Pine Script®
par Burdiga84
17
Miela Labs | John Dee's Watchtower [257-463]Bridging the gap between 16th-century esoteric mathematics and modern algorithmic trading. The Enochian Watchtower is not merely a trend indicator; it is a computational artifact developed by Miela Labs LLC. This script translates Dr. John Dee’s "Great Table of the Watchtowers" and the "Sigil Dei Aemeth" into actionable financial data points. Using our proprietary Occultator V2.0 Engine, we have derived specific mathematical constants that resonate with the current market structure. 🏛️ The Algorithmic Logic This indicator utilizes three sacred numbers to construct a "Future Vision" of the market: 1. The Axis Mundi (Vector 257): derived from Fermat Primes and John Dee’s Grid coordinates. This Weighted Moving Average (WMA) acts as the spinal cord of the trend. 2. The Gates (Cipher 463): A prime number derived from the "Galethog" cipher stride. These bands define the absolute volatility limits (Heaven & Earth Gates). 3. Future Vision (Offset 21): Utilizing Fibonacci time sequences, the indicator projects Support and Resistance levels 21 bars into the future, allowing traders to anticipate market movements before they occur. ⚡ How to Use • The Trend: If price is above the Purple Axis (257), the market is in a bullish phase. • The Entry: Look for "L" (Long) and "S" (Short) signals. These are confirmed when the signal path crosses the Axis. • The Future: Watch the projected lines on the right side of the chart to identify upcoming resistance zones. About Miela Labs Miela Labs is a Technomancy Research Institute based in McKinney, Texas. We specialize in building open-source esoteric trading tools and the Magic Programming Language (MPL). 🌐 Official Hub: Visit Miela Labs 💻 Source Code & Research: GitHub Repository Disclaimer: This tool is for educational and research purposes only. It demonstrates the application of esoteric mathematics in financial analysis. Trade responsibly.
Indicateur Pine Script®
par hknyrgnc
Fibonacci Sequence Circles [BigBeluga]🔵 Overview The Fibonacci Sequence Circles is a unique and visually intuitive indicator designed for the TradingView platform. It combines the principles of the Fibonacci sequence with geometric circles to help traders identify potential support and resistance levels, as well as price expansion zones. The indicator dynamically anchors to key price points, such as pivot highs, pivot lows, or timeframe changes (daily, weekly, monthly), and generates Fibonacci-based circles around these anchor points. ⚠️For proper indicators visualization use simple not logarithmic chart 🔵 Key Features Customizable Anchor Points : The indicator can be anchored to Pivot Highs , Pivot Lows , or timeframe changes ( Daily, Weekly, Monthly ), making it adaptable to various trading strategies. Fibonacci Sequence Logic : The circles are generated using the Fibonacci sequence, where the diameter of each circle is the sum of the diameters of the two preceding circles. first = start_val secon = start_val + int(start_val/2) three = first + secon four = secon + three five = three + four six = four + five seven = five + six eight = six + seven nine = seven + eight ten = eight + nine Adjustable Start Value : Traders can modify the starting value of the sequence to scale the circles larger or smaller, ensuring they fit the current price action. Color Customization : Each circle can be individually enabled or disabled, and its color can be customized for better visual clarity. Visual Labels : The diameter of each circle (in bars) is displayed next to the circle, providing additional context for analysis. 🔵 Usage Step 1: Set the Anchor Point - Choose the anchor type ( Pivot High, Pivot Low, Daily, Weekly, Monthly ) to define the center of the Fibonacci circles. Step 2: Adjust the Start Value - Modify the starting value of the Fibonacci sequence to scale the circles according to the price action. Step 3: Customize Circle Colors - Enable or disable specific circles and adjust their colors for better visualization. Step 4: Analyze Price Action - Use the circles to identify potential support/resistance levels, price expansion zones, or trend continuation areas. Step 5: Combine with Other Tools - Enhance your analysis by combining the indicator with other technical tools like trendlines, moving averages, or volume indicators. The Fibonacci Sequence Circles is a powerful and flexible tool for traders who rely on Fibonacci principles and geometric patterns. Its ability to anchor to key price points and dynamically scale based on market conditions makes it suitable for various trading styles and timeframes. Whether you're a day trader or a long-term investor, this indicator can help you visualize and anticipate price movements with greater precision.
Indicateur Pine Script®
par BigBeluga
6
ATR Stop-Loss with Fibonacci Take-Profit [jpkxyz]ATR Stop-Loss with Fibonacci Take-Profit Indicator This comprehensive indicator combines Average True Range (ATR) volatility analysis with Fibonacci extensions to create dynamic stop-loss and take-profit levels. It's designed to help traders set precise risk management levels and profit targets based on market volatility and mathematical ratios. Two Operating Modes Default Mode (Rolling Levels) In default mode, the indicator continuously plots evolving stop-loss and take-profit levels based on real-time price action. These levels update dynamically as new bars form, creating rolling horizontal lines across the chart. I use this mode primarily to plot the rolling ATR-Level which I use to trail my Stop-Loss into profit. Characteristics: Levels recalculate with each new bar All selected Fibonacci levels display simultaneously Uses plot() functions with trackprice=true for price tracking Custom Anchor Mode (Fixed Levels) This is the primary mode for precision trading. You select a specific timestamp (typically your entry bar), and the indicator locks all calculations to that exact moment, creating fixed horizontal lines that represent your actual trade levels. Characteristics: Entry line (blue) marks your anchor point Stop-loss calculated using ATR from the anchor bar Fibonacci levels projected from entry-to-stop distance Lines terminate when price breaks through them Includes comprehensive alert system Core Calculation Logic ATR Stop-Loss Calculation: Stop Loss = Entry Price ± (ATR × Multiplier) Long positions: SL = Entry - (ATR × Multiplier) Short positions: SL = Entry + (ATR × Multiplier) ATR uses your chosen smoothing method (RMA, SMA, EMA, or WMA) Default multiplier is 1.5, adjustable to your risk tolerance Fibonacci Take-Profit Projection: The distance from entry to stop-loss becomes the base unit (1.0) for Fibonacci extensions: TP Level = Entry + (Entry-to-SL Distance × Fibonacci Ratio) Available Fibonacci Levels: Conservative: 0.618, 1.0, 1.618 Extended: 2.618, 3.618, 4.618 Complete range: 0.0 to 4.764 (23 levels total) Multi-Timeframe Functionality One of the indicator's most powerful features is timeframe flexibility. You can analyze on one timeframe while using stop-loss and take-profit calculations from another. Best Practices: Identify your entry point on execution timeframe Enable "Custom Anchor" mode Set anchor timestamp to your entry bar Select appropriate analysis timeframe Choose relevant Fibonacci levels Enable alerts for automated notifications Example Scenario: Analyse trend on 4-hour chart Execute entry on 5-minute chart for precision Set custom anchor to your 5-minute entry bar Configure timeframe setting to "4h" for swing-level targets Select appropriate Fibonacci Extension levels Result: Precise entry with larger timeframe risk management Visual Intelligence System Line Behaviour in Custom Anchor Mode: Active levels: Lines extend to the right edge Hit levels: Lines terminate at the breaking bar Entry line: Always visible in blue Stop-loss: Red line, terminates when hit Take-profits: Green lines (1.618 level in gold for emphasis) Customisation Options: Line width (1-4 pixels) Show/hide individual Fibonacci levels ATR length and smoothing method ATR multiplier for stop-loss distance
Indicateur Pine Script®
par GLITCHCAPITAL
Adaptive Fibonacci Pullback System -FibonacciFluxAdaptive Fibonacci Pullback System (AFPS) - FibonacciFlux This work is licensed under a Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0). Original concepts by FibonacciFlux. Abstract The Adaptive Fibonacci Pullback System (AFPS) presents a sophisticated, institutional-grade algorithmic strategy engineered for high-probability trend pullback entries. Developed by FibonacciFlux, AFPS uniquely integrates a proprietary Multi-Fibonacci Supertrend engine (0.618, 1.618, 2.618 ratios) for harmonic volatility assessment, an Adaptive Moving Average (AMA) Channel providing dynamic market context, and a synergistic Multi-Timeframe (MTF) filter suite (RSI, MACD, Volume). This strategy transcends simple indicator combinations through its strict, multi-stage confluence validation logic. Historical simulations suggest that specific MTF filter configurations can yield exceptional performance metrics, potentially achieving Profit Factors exceeding 2.6 , indicative of institutional-level potential, while maintaining controlled risk under realistic trading parameters (managed equity risk, commission, slippage). 4 hourly MTF filtering 1. Introduction: Elevating Pullback Trading with Adaptive Confluence Traditional pullback strategies often struggle with noise, false signals, and adapting to changing market dynamics. AFPS addresses these challenges by introducing a novel framework grounded in Fibonacci principles and adaptive logic. Instead of relying on static levels or single confirmations, AFPS seeks high-probability pullback entries within established trends by validating signals through a rigorous confluence of: Harmonic Volatility Context: Understanding the trend's stability and potential turning points using the unique Multi-Fibonacci Supertrend. Adaptive Market Structure: Assessing the prevailing trend regime via the AMA Channel. Multi-Dimensional Confirmation: Filtering signals with lower-timeframe Momentum (RSI), Trend Alignment (MACD), and Market Conviction (Volume) using the MTF suite. The objective is to achieve superior signal quality and adaptability, moving beyond conventional pullback methodologies. 2. Core Methodology: Synergistic Integration AFPS's effectiveness stems from the engineered synergy between its core components: 2.1. Multi-Fibonacci Supertrend Engine: Utilizes specific Fibonacci ratios (0.618, 1.618, 2.618) applied to ATR, creating a multi-layered volatility envelope potentially resonant with market harmonics. The averaged and EMA-smoothed result (`smoothed_supertrend`) provides a robust, dynamic trend baseline and context filter. // Key Components: Multi-Fibonacci Supertrend & Smoothing average_supertrend = (supertrend1 + supertrend2 + supertrend3) / 3 smoothed_supertrend = ta.ema(average_supertrend, st_smooth_length) 2.2. Adaptive Moving Average (AMA) Channel: Provides dynamic market context. The `ama_midline` serves as a key filter in the entry logic, confirming the broader trend bias relative to adaptive price action. Extended Fibonacci levels derived from the channel width offer potential dynamic S/R zones. // Key Component: AMA Midline ama_midline = (ama_high_band + ama_low_band) / 2 2.3. Multi-Timeframe (MTF) Filter Suite: An optional but powerful validation layer (RSI, MACD, Volume) assessed on a lower timeframe. Acts as a **validation cascade** – signals must pass all enabled filters simultaneously. 2.4. High-Confluence Entry Logic: The core innovation. A pullback entry requires a specific sequence and validation: Price interaction with `average_supertrend` and recovery above/below `smoothed_supertrend`. Price confirmation relative to the `ama_midline`. Simultaneous validation by all enabled MTF filters. // Simplified Long Entry Logic Example (incorporates key elements) long_entry_condition = enable_long_positions and (low < average_supertrend and close > smoothed_supertrend) and // Pullback & Recovery (close > ama_midline and close > ama_midline) and // AMA Confirmation (rsi_filter_long_ok and macd_filter_long_ok and volume_filter_ok) // MTF Validation This strict, multi-stage confluence significantly elevates signal quality compared to simpler pullback approaches. 1hourly filtering 3. Realistic Implementation and Performance Potential AFPS is designed for practical application, incorporating realistic defaults and highlighting performance potential with crucial context: 3.1. Realistic Default Strategy Settings: The script includes responsible default parameters: strategy('Adaptive Fibonacci Pullback System - FibonacciFlux', shorttitle = "AFPS", ..., initial_capital = 10000, // Accessible capital default_qty_type = strategy.percent_of_equity, // Equity-based risk default_qty_value = 4, // Default 4% equity risk per initial trade commission_type = strategy.commission.percent, commission_value = 0.03, // Realistic commission slippage = 2, // Realistic slippage pyramiding = 2 // Limited pyramiding allowed ) Note: The default 4% risk (`default_qty_value = 4`) requires careful user assessment and adjustment based on individual risk tolerance. 3.2. Historical Performance Insights & Institutional Potential: Backtesting provides insights into historical behavior under specific conditions (always specify Asset/Timeframe/Dates when sharing results): Default Performance Example: With defaults, historical tests might show characteristics like Overall PF ~1.38, Max DD ~1.16%, with potential Long/Short performance variance (e.g., Long PF 1.6+, Short PF < 1). Optimized MTF Filter Performance: Crucially, historical simulations demonstrate that meticulous configuration of the MTF filters (particularly RSI and potentially others depending on market) can significantly enhance performance. Under specific, optimized MTF filter settings combined with appropriate risk management (e.g., 7.5% risk), historical tests have indicated the potential to achieve **Profit Factors exceeding 2.6**, alongside controlled drawdowns (e.g., ~1.32%). This level of performance, if consistently achievable (which requires ongoing adaptation), aligns with metrics often sought in institutional trading environments. Disclaimer Reminder: These results are strictly historical simulations. Past performance does not guarantee future results. Achieving high performance requires careful parameter tuning, adaptation to changing markets, and robust risk management. 3.3. Emphasizing Risk Management: Effective use of AFPS mandates active risk management. Utilize the built-in Stop Loss, Take Profit, and Trailing Stop features. The `pyramiding = 2` setting requires particularly diligent oversight. Do not rely solely on default settings. 4. Conclusion: Advancing Trend Pullback Strategies The Adaptive Fibonacci Pullback System (AFPS) offers a sophisticated, theoretically grounded, and highly adaptable framework for identifying and executing high-probability trend pullback trades. Its unique blend of Fibonacci resonance, adaptive context, and multi-dimensional MTF filtering represents a significant advancement over conventional methods. While requiring thoughtful implementation and risk management, AFPS provides discerning traders with a powerful tool potentially capable of achieving institutional-level performance characteristics under optimized conditions. Acknowledgments Developed by FibonacciFlux. Inspired by principles of Fibonacci analysis, adaptive averaging, and multi-timeframe confirmation techniques explored within the trading community. Disclaimer Trading involves substantial risk. AFPS is an analytical tool, not a guarantee of profit. Past performance is not indicative of future results. Market conditions change. Users are solely responsible for their decisions and risk management. Thorough testing is essential. Deploy at your own considered risk.
Stratégie Pine Script®
par FibonacciFlux
VSA Volume + Fibonacci (Volunacci)Overview This indicator combines Volume Spread Analysis (VSA) with Fibonacci levels to identify key price zones based on volume behavior. It helps traders determine potential support and resistance levels influenced by volume strength. How It Works Volume Calculation The indicator calculates volume levels based on the selected timeframe. It identifies high volume spikes and low volume dips, which are critical for detecting supply and demand shifts. It uses a simple moving average (SMA) of volume to smooth fluctuations. Fibonacci Levels Integration When a high-volume event is detected, the indicator records the highest high and lowest low of that candle. It then plots Fibonacci retracement and extension levels to highlight potential price reaction zones. Negative Fibonacci levels are included to identify possible deep retracements. Visual Features The indicator adapts to both light and dark themes for better visibility. Fibonacci lines are color-coded based on key retracement and extension levels. A table displaying key Fibonacci levels and their corresponding prices is provided for quick reference. Why Is This Indicator Useful? It helps traders spot accumulation and distribution phases by analyzing volume at key price points. The combination of VSA and Fibonacci allows traders to confirm trend strength and identify potential reversal points. Works well for trend-following strategies, scalping, and breakout trading. How to Use This Indicator? Use it to confirm breakouts or reversals at Fibonacci levels when volume supports the move. Watch for high-volume spikes near key Fibonacci zones—these can signal strong trend continuation or reversal. Use the displayed Fibonacci table to quickly assess price reaction levels. Credits This script was inspired by the Hidden Gap’s VSA Volume indicator by HPotter and has been enhanced by integrating Fibonacci-based analysis.
Indicateur Pine Script®
par tarekshaker1690
4
Fibonacci Extension Strt StrategyCore Logic and Steps: Weekly Trend Identification: Find the last significant Higher High (HH) and Lower Low (LL) or vice-versa on the Weekly timeframe. Determine if it's an uptrend (HH followed by LL) or a downtrend (LL followed by HH). Plot a Fibonacci Extension (or Retracement in reverse order) from the swing point determined to the other significant swing point. Weekly Retracement Levels: Display horizontal lines at the 0.236, 0.382, and 0.5 Fibonacci levels from the weekly extension. Monitor price action on these levels. Daily Confirmation: When price hits the Fib levels, examine the Daily chart. Look for a rejection wick (indicating the pull back is ending) on the identified weekly retracement levels. Confirm that the price is indeed starting to continue in the direction of the original weekly trend. Four-Hour Entry: On the 4H timeframe, plot a new Fib Extension in the opposite direction of the weekly. If it's an uptrend, the Fib is plotted from last swing low to its swing high. If the weekly trend was bearish the Fib will be plotted from last swing high to the swing low. Generate an entry when price breaks the high of that candle. Trade Management: Entry is on the breakout of the current candle. Stop Loss: Place the stop loss below the wick of the breakout candle. Take Profit 1: Close 50% of the position at the 0.5 Fibonacci level. Move the stop loss to breakeven on this position. Take Profit 2: Close another 25% of the position at the 0.236 Fib level. Trailing Take Profit: Keep the last 25% open, using a trailing stop loss. (You'll need to define the logic for the trailing stop, e.g., trailing stop using the last high/low) How to Use in TradingView: Open a TradingView Chart. Click on "Pine Editor" at the bottom. Copy and paste the corrected Pine Script code. Click "Add to Chart". The indicator should now be displayed on your chart.
Indicateur Pine Script®
par smithyommite
2
Fibonacci Time-Price Zones🟩 Fibonacci Time-Price Zones is a chart visualization tool that combines Fibonacci ratios with time-based and price-based geometry to analyze market behavior. Unlike typical Fibonacci indicators that focus solely on horizontal price levels, this indicator incorporates time into the analysis, providing a more dynamic perspective on price action. The indicator offers multiple ways to visualize Fibonacci relationships. Drawing segmented circles creates a unique perspective on price action by incorporating time into the analysis. These segmented circles, similar to TradingView's built-in Fibonacci Circles, are derived from Fibonacci time and price levels, allowing traders to identify potential turning points based on the dynamic interaction between price and time. As another distinct visualization method, the indicator incorporates orthogonal patterns, created by the intersection of horizontal and vertical Fibonacci levels. These intersections form L-shaped connections on the chart, derived from key Fibonacci price and time intervals, highlighting potential areas of support or resistance at specific points in time. In addition to these geometric approaches, another option is sloped lines, which project Fibonacci levels that account for both time and price along the trendline. These projections derive their angles from the interplay between Fibonacci price levels and Fibonacci time intervals, creating dynamic zones on the chart. The slope of these lines reflects the direction and angle of the trend, providing a visual representation of price alignment with market direction, while maintaining the time-price relationship unique to this indicator The indicator also includes horizontal Fibonacci levels similar to traditional retracement and extension tools. However, unlike standard tools, traders can display retracement levels, extension levels, or both simultaneously from a single instance of the indicator. These horizontal levels maintain consistency with the chosen visualization method, automatically scaling and adapting whether used with circles, orthogonal patterns, or slope-based analysis. By combining these distinct methods—circles, orthogonal patterns, sloped projections, and horizontal levels—the indicator provides a comprehensive approach to Fibonacci analysis based on both time and price relationships. Each visualization method offers a unique perspective on market structure while maintaining the core principle of time-price interaction. ⭕ THEORY AND CONCEPT ⭕ While traditional Fibonacci tools excel at identifying potential support and resistance levels through price-based ratios (0.236, 0.382, 0.618), they do not incorporate the dimension of time in market analysis. Extensions and retracements effectively measure price relationships within trends, yet markets move through both price and time dimensions simultaneously. Fibonacci circles represent an evolution in technical analysis by incorporating time intervals alongside price levels. Based on the mathematical principle that markets often move in circular patterns proportional to Fibonacci ratios, these circles project potential support and resistance zones as partial circles radiating from significant price points. However, traditional circle-based tools can create visual complexity that obscures key market relationships. The integration of time into Fibonacci analysis reveals how price movements often respect both temporal and price-based ratios, suggesting a deeper geometric structure to market behavior. The Fibonacci Time-Price Zones indicator advances these concepts by providing multiple geometric approaches to visualize time-price relationships. Each shape option—circles, orthogonal patterns, slopes, and horizontal levels—represents a different mathematical perspective on how Fibonacci ratios manifest across both dimensions. This multi-faceted approach allows traders to observe how price responds to Fibonacci-based zones that account for both time and price movements, potentially revealing market structure that purely price-based tools might miss. Shape Options The indicator employs four distinct geometric approaches to analyze Fibonacci relationships across time and price dimensions: Circular : Represents the cyclical nature of market movements through partial circles, where each radius is scaled by Fibonacci ratios incorporating both time and price components. This geometry suggests market movements may follow proportional circular paths from significant pivot points, reflecting the harmonic relationship between time and price. Orthogonal : Constructs L-shaped patterns that separate the time and price components of Fibonacci relationships. The horizontal component represents price levels, while the vertical component measures time intervals, allowing analysis of how these dimensions interact independently at key market points. Sloped : Projects Fibonacci levels along the prevailing trend, incorporating both time and price in the angle of projection. This approach suggests that support and resistance levels may maintain their relationship to price while adjusting to the temporal flow of the market. Horizontal : Provides traditional static Fibonacci levels that serve as a reference point for comparing price-only analysis with the dynamic time-price relationships shown in the other three shapes. This baseline approach allows traders to evaluate how the incorporation of time dimension enhances or modifies traditional Fibonacci analysis. By combining these geometric approaches, the Fibonacci Time-Price Zones indicator creates a comprehensive analytical framework that bridges traditional and advanced Fibonacci analysis. The horizontal levels serve as familiar reference points, while the dynamic elements—circular, orthogonal, and sloped projections—reveal how price action responds to temporal relationships. This multi-dimensional approach enables traders to study market structure through various geometric lenses, providing deeper insights into time-price symmetry within technical analysis. Whether applied to retracements, extensions, or trend analysis, the indicator offers a structured methodology for understanding how markets move through both price and time dimensions. 🛠️ CONFIGURATION AND SETTINGS 🛠️ The Fibonacci Time-Price Zones indicator offers a range of configurable settings to tailor its functionality and visual representation to your specific analysis needs. These options allow you to customize zone visibility, structures, horizontal lines, and other features. Important Note: The indicator's calculations are anchored to user-defined start and end points on the chart. When switching between charts with significantly different price scales (e.g., from Bitcoin at $100,000 to Silver at $30), adjustment of these anchor points is required to ensure correct positioning of the Fibonacci elements. Fibonacci Levels The indicator allows users to customize Fibonacci levels for both retracement and extension analysis. Each level can be individually configured with the following options: Visibility : Toggle the visibility of each level to focus on specific areas of interest. Level Value : Set the Fibonacci ratio for the level, such as 0.618 or 1.000, to align with your analysis needs. Color : Customize the color of each level for better visual clarity. Line Thickness : Adjust the line thickness to emphasize critical levels or maintain a cleaner chart. Setup Zone Type : Select which Fibonacci zones to display: - Retracement : Shows potential pull back levels within the trend - Extension : Projects levels beyond the trend for potential continuation targets - Both : Displays both retracement and extension zones simultaneously Shape : Choose from four visualization methods: - Circular : Time-price based semicircles centered on point B - Orthogonal : L-shaped patterns combining time and price levels - Sloped : Trend-aligned projections of Fibonacci levels - Horizontal : Traditional horizontal Fibonacci levels Visual Settings Fill % : Adjusts the fill intensity of zones: 0% : No fill between levels 100% : Maximum fill between levels Lines : Trendline : The base A-B trend with customizable color Extension : B-C projection line Retracement : B-D pullback line Labels : Points : Show/hide A, B, C, D markers Levels : Show/hide Fibonacci percentages Time-Price Points Set the time and price for the points that define the Fibonacci zones and horizontal levels. These points are defined upon loading the chart. These points can be configured directly in the settings or adjusted interactively on the live chart. A and B Points : These user-defined time and price points determine the basis for calculating the semicircles and Fibonacci levels. While the settings panel displays their exact values for fine-tuning, the easiest way to modify these points is by dragging them directly on the chart for quick adjustments. Interactive Adjustments : Any changes made to the points on the chart will automatically synchronize with the settings panel, ensuring consistency and precision. 🖼️ CHART EXAMPLES 🖼️ Fibonacci Time-Price Zones using the 'Circular' Shape option. Note the price interaction at the 0.786 level, which acts as a support zone. Additional points of interest include resistance near the 0.618 level and consolidation around the 0.5 level, highlighting the utility of both horizontal and semicircular Fibonacci projections in identifying key price areas. Fibonacci Time-Price Zones using the 'Sloped' Shape option. The chart displays price retracing along the sloped Fibonacci levels, with blue arrows highlighting potential support zones at 0.618 and 0.786, and a red arrow indicating potential resistance at the 1.0 level. This visual representation aligns with the prevailing downtrend, suggesting potential selling pressure at the 1.0 Fibonacci level. Fibonacci Time-Price Zones using the 'Orthogonal' Shape option. The chart demonstrates price action interacting with vertical zones created by the orthogonal lines at the 0.618, 0.786, and 1.0 Fibonacci levels. Blue arrows highlight potential support areas, while red arrows indicate potential resistance areas, revealing how the orthogonal lines can identify distinct points of price interaction. Fibonacci Time-Price Zones using the 'Circular' Shape option. The chart displays price action in relation to segmented circles emanating from the starting point (point A). The circles represent different Fibonacci ratios (0.382, 0.5, 0.618, 0.786) and their intersections with the price axis create potential zones of support and resistance. This approach offers a visually distinct way to analyze potential turning points based on both price and time. Fibonacci Time-Price Zones using the 'Sloped' Shape option. The sloped Fibonacci levels (0.786, 0.618, 0.5) create zones of potential support and resistance, with price finding clear interaction within these areas. The ellipses highlight this price action, particularly the support between 0.786 and 0.618, which aligns closely with the trend. Fibonacci Time-Price Zones using the 'Circular' Shape option. The price action appears to be ‘hugging’ the 0.5 Fibonacci level, suggesting potential resistance. This demonstrates how the circular zones can identify potential turning points and areas of consolidation which might not be seen with linear analysis. Fibonacci Time-Price Zones using the 'Sloped' Shape option with Point D marker enabled. The chart demonstrates clear price action closely following along the sloped Retracement line until the orthogonal intersection at the 0.618 levels where the trend is broken and price dips throughout the 0.618 to 0.786 horizontal zone. Price jumps back to the retracement slope at the start of the 0.786 horizontal zone and continues to the 1.0 horizontal zone. The aqua-colored retracement line is enabled to further emphasize this retracement slope . Geometric validation using TradingView's built-in Fibonacci Circle tool (overlaid). The alignment at the 0.5 and 1.0 levels demonstrates the indicator's consistent approximation of Fibonacci Circles. Comparison of Fibonacci Time-Price Zones (Shape: Horizontal) with TradingView's Built-in Retracement and Extension Tools (overlaid): This example demonstrates how the Horizontal structure aligns with TradingView’s retracement and extension levels, allowing users to integrate multiple tools seamlessly. The Fibonacci circle connects retracement and extension zones, highlighting the potential relationship between past retracements and future extensions. 📐 GEOMETRIC FOUNDATIONS 📐 This indicator integrates circular and straight representations of Fibonacci levels, specifically the Circular , Orthogonal , Sloped , and Horizontal shape options. The geometric principles behind these shapes differ significantly, requiring distinct scaling methods for accurate representation. The Circular shape employs logarithmic scaling with radial expansion, where the distance from a central point determines the level's position, creating partial circles that align with TradingView's built-in Fibonacci Circle tool. The other three shapes utilize geometric progression scaling for linear extension from a starting point, resulting in straight lines that align with TradingView's built-in Fibonacci retracement and extension tools. Due to these distinct geometric foundations and scaling methods, perfectly aligning both the partial circles and straight lines simultaneously is mathematically constrained, though any differences are typically visually imperceptible. The Circular shape's partial circles are calculated and scaled to align with TradingView's built-in Fibonacci Circles. These circles are plotted from the second swing point onward. This approach ensures consistent and accurate visualization across all market types, including those with gaps or closed sessions, which unlike 24/7 markets, do not have a direct one-to-one correspondence between bar indices and time. To maintain accurate geometric proportions across varying chart scales, the indicator calculates an aspect ratio by normalizing the proportional difference between vertical (price) and horizontal (time) distances of the swing points. This normalization factor ensures geometric shapes maintain their mathematical properties regardless of price scale magnitude or time period span, while maintaining the correct proportions of the geometric constructions at any chart zoom level. The indicator automatically applies the appropriate scaling factor based on the selected shape option, optimizing either circular proportions and proper radius calculations for each Fibonacci level, or straight-line relationships between Fibonacci levels. These distinct scaling approaches maintain mathematical integrity while preserving the essential characteristics of each geometric representation, ensuring optimal visualization accuracy whether using circular or linear shapes. ⚠️ DISCLAIMER ⚠️ The Fibonacci Time-Price Zones indicator is a visual analysis tool designed to illustrate Fibonacci relationships through geometric constructions incorporating both curved and straight lines, providing a structured framework for identifying potential areas of price interaction. It is not intended as a predictive or standalone trading signal indicator. The indicator calculates levels and projections using user-defined anchor points and Fibonacci ratios. While it aims to align with TradingView’s Fibonacci extension, retracement, and circle tools by employing mathematical and geometric formulas, no guarantee is made that its calculations are identical to TradingView's proprietary methods. Like all technical and visual indicators, these visual representations may visually align with key price zones in hindsight, reflecting observed price dynamics. However, these visualizations are not standalone signals for trading decisions and should be interpreted as part of a broader analytical approach. This indicator is intended for educational and analytical purposes, complementing other tools and methods of market analysis. Users are encouraged to integrate it into a comprehensive trading strategy, customizing its settings to suit their specific needs and market conditions. 🧠 BEYOND THE CODE 🧠 The Fibonacci Time-Price Zones indicator is designed to encourage both education and community engagement. By integrating time-sensitive geometry with Fibonacci-based frameworks, it bridges traditional grid-based analysis with dynamic time-price relationships. The inclusion of semicircles, horizontal levels, orthogonal structures, and sloped trends provides users with versatile tools to explore the interaction between price movements and temporal intervals while maintaining clarity and adaptability. As an open-source tool, the indicator invites exploration, experimentation, and customization. Whether used as a standalone resource or alongside other technical strategies, it serves as a practical and educational framework for understanding market structure and Fibonacci relationships in greater depth. Your feedback and contributions are essential to refining and enhancing the Fibonacci Time-Price Zones indicator. We look forward to the creative applications, adaptations, and insights this tool inspires within the trading community.
Indicateur Pine Script®
par xxattaxx
39
Fibonacci Bands [BigBeluga]The Fibonacci Band indicator is a powerful tool for identifying potential support, resistance, and mean reversion zones based on Fibonacci ratios. It overlays three sets of Fibonacci ratio bands (38.2%, 61.8%, and 100%) around a central trend line, dynamically adapting to price movements. This structure enables traders to track trends, visualize potential liquidity sweep areas, and spot reversal points for strategic entries and exits. 🔵 KEY FEATURES & USAGE Fibonacci Bands for Support & Resistance: The Fibonacci Band indicator applies three key Fibonacci ratios (38.2%, 61.8%, and 100%) to construct dynamic bands around a smoothed price. These levels often act as critical support and resistance areas, marked with labels displaying the percentage and corresponding price. The 100% band level is especially crucial, signaling potential liquidity sweep zones and reversal points. Mean Reversion Signals at 100% Bands: When price moves above or below the 100% band, the indicator generates mean reversion signals. Trend Detection with Midline: The central line acts as a trend-following tool: when solid, it indicates an uptrend, while a dashed line signals a downtrend. This adaptive midline helps traders assess the prevailing market direction while keeping the chart clean and intuitive. Extended Price Projections: All Fibonacci bands extend to future bars (default 30) to project potential price levels, providing a forward-looking perspective on where price may encounter support or resistance. This feature helps traders anticipate market structure in advance and set targets accordingly. Liquidity Sweep: -- -Liquidity Sweep at Previous Lows: The price action moves below a previous low, capturing sell-side liquidity (stop-losses from long positions or entries for breakout traders). The wick suggests that the price quickly reversed, leaving a failed breakout below support. This is a classic liquidity grab, often indicating a bullish reversal . -Liquidity Sweep at Previous Highs: The price spikes above a prior high, sweeping buy-side liquidity (stop-losses from short positions or breakout entries). The wick signifies rejection, suggesting a failed breakout above resistance. This is a bearish liquidity sweep , often followed by a mean reversion or a downward move. Display Customization: To declutter the chart, traders can choose to hide Fibonacci levels and only display overbought/oversold zones along with the trend-following midline and mean reversion signals. This option enables a clearer focus on key reversal areas without additional distractions. 🔵 CUSTOMIZATION Period Length: Adjust the length of the smoothed moving average for more reactive or smoother bands. Channel Width: Customize the width of the Fibonacci channel. Fibonacci Ratios: Customize the Fibonacci ratios to reflect personal preference or unique market behaviors. Future Projection Extension: Set the number of bars to extend Fibonacci bands, allowing flexibility in projecting price levels. Hide Fibonacci Levels: Toggle the visibility of Fibonacci levels for a cleaner chart focused on overbought/oversold regions and midline trend signals. Liquidity Sweep: Toggle the visibility of Liquidity Sweep points The Fibonacci Band indicator provides traders with an advanced framework for analyzing market structure, liquidity sweeps, and trend reversals. By integrating Fibonacci-based levels with trend detection and mean reversion signals, this tool offers a robust approach to navigating dynamic price action and finding high-probability trading opportunities.
Indicateur Pine Script®
par BigBeluga
47
Fibonacci Moving Average PlusFibonacci Moving Average Plus is a sophisticated technical indicator that employs the first 15 numbers of the Fibonacci sequence to create dynamic moving average channels. This indicator aims to capture both immediate and long-term price movements by calculating Exponential Moving Averages (EMAs) based on these Fibonacci values. By using Fibonacci-based moving averages for both high and low price points, the indicator generates a visual channel that reflects the ebb and flow of market trends, acting as potential zones of support and resistance. Additionally, the indicator provides midline, retracement, and extension levels rooted in Fibonacci ratios, which are frequently observed as key levels for reversals or trend continuation. Ideology Behind Using Fibonacci Sequence-Based Moving Averages The Fibonacci sequence, known for its mathematical harmony and prevalence in natural patterns, is widely utilized in technical analysis to identify potential turning points in markets. In this indicator, the first 15 Fibonacci numbers (5, 8, 13, 21, etc.) are used as the lookback periods for EMAs to capture different layers of market sentiment. These moving averages represent timeframes that are theoretically in alignment with the natural rhythms of market cycles, where key levels—often coinciding with Fibonacci numbers—can act as magnetic points for price. The Fibonacci high and low channels aim to encapsulate price action, giving traders a sense of whether the market is trending, consolidating, or experiencing reversal pressure. These levels, grounded in both mathematics and market psychology, help traders spot areas where price might face resistance or find support. Key Features Fibonacci Moving Average High and Low: This indicator calculates the high and low EMAs based on Fibonacci sequence numbers (e.g., 5, 8, 13, etc.) for enhanced trend analysis. Golden Pocket Retracement (GPR) and Extension (GPE) Bands: Displays common Fibonacci retracement and extension levels (0.618, 0.65 for retracement, and 1.618, 1.65 for extension). Midline: Plots the average of the Fibonacci high and low to act as an additional reference level. Stop-Loss Levels: Provides suggested stop-loss levels based on Fibonacci levels for both long and short positions. Basic User Guide Adjust Input Settings: Input Timeframe: Set a specific timeframe for the Fibonacci moving average calculation, separate from the chart's primary timeframe. Show Fibonacci MA High/Low: Toggle the visibility of the high and low Fibonacci moving averages. Show Mid Line: Display a midline for added trend reference. Show Golden Pocket Bands: Choose to display retracement or extension bands for potential support or resistance zones. Show Stop-Loss Levels: Enable to visualize potential stop-loss levels for both long and short trades. Interpretation: Fibonacci MA High and Low: Use these lines to gauge the general trend. When the price is above both, it may indicate an uptrend; below both, a downtrend. Golden Pocket Retracement: This zone (between 0.618 and 0.65) is often a key level for potential reversals or support/resistance. Golden Pocket Extension: The 1.618 and 1.65 levels can indicate potential profit-taking or trend exhaustion points. Stop-Loss Levels: The calculated stop-loss levels (long SL below and short SL above) can aid in risk management. Customization: You can customize the appearance and visibility of each component through the input settings to fit your specific strategy and visual preferences. This indicator should be used alongside other technical analysis tools to provide a more comprehensive trading approach. This Indicator would not exist without the original contributions and blessing from Sofien Kaabar
Indicateur Pine Script®
par SwizzleShizzle
2
Adaptive Fibonacci Trend Ribbon[FibonacciFlux]Adaptive Fibonacci Trend Ribbon (FibonacciFlux) Overview The Adaptive Fibonacci Trend Ribbon is a versatile technical analysis tool designed for traders who want to leverage the power of multiple moving averages while integrating Fibonacci numbers. This indicator provides a dynamic visual representation of market trends, enhancing decision-making processes in trading. Key Features 1. Multi-Moving Averages - The indicator calculates eight different moving averages based on user-defined periods, including Fibonacci numbers such as 5, 8, 13, 21, 34, 55, 89, and 144. - Traders can choose from various moving average types, including EMA, HMA, WMA, VWMA, ALMA, SMA, RMA, and TMA , allowing for tailored analysis based on market conditions. 2. Trend Detection - Each moving average is color-coded based on its trend direction, with green indicating an upward trend and red indicating a downward trend. - This visual clarity helps traders quickly assess market sentiment and make informed decisions. 3. Fill Areas for Enhanced Insight - The indicator features fill areas between the moving averages, which dynamically change color according to their relative positions. - This provides a clear visual cue of trend strength and potential reversal points, allowing traders to identify key areas of interest. 4. Customizable Inputs - Users can easily adjust the source data, moving average lengths, and ALMA parameters (offset and sigma) to fit their trading strategies. - This flexibility ensures that traders can adapt the tool to various market conditions and personal preferences. Insights and Applications 1. Fibonacci Integration - By incorporating Fibonacci numbers into the moving average periods, this indicator allows traders to align their strategies with key levels of support and resistance. - This can enhance the accuracy of entry and exit points, particularly in trending markets. 2. Trend Continuation and Reversal Analysis - The adaptive nature of the moving averages provides insights into potential trend continuations or reversals. - Traders can use the indicator to identify when to enter or exit positions based on the interaction between the moving averages. 3. Visual Clarity for Quick Decisions - The color-coded moving averages and fill areas offer immediate visual feedback on market conditions, helping traders react swiftly to changing dynamics. - This is especially useful in fast-moving markets where timely decisions are critical. Conclusion The Adaptive Fibonacci Trend Ribbon is an essential tool for traders looking to enhance their technical analysis capabilities. By combining multiple moving averages with Fibonacci integration and dynamic visual cues, this indicator offers a robust framework for understanding market trends. Its flexibility and clarity make it an invaluable asset for both novice and experienced traders alike. Open Source Contribution This indicator is open source, inviting contributions and improvements from the trading community. Feel free to fork, enhance, and share your insights with the world, helping to foster a collaborative environment for traders everywhere.
Indicateur Pine Script®
par FibonacciFlux
MTF EHMA & HMA Insights [FibonacciFlux]MTF EHMA & HMA Insights Overview The Multi-Timeframe EHMA, HMA, and Midline with Fill script is a powerful technical analysis tool designed for traders seeking to enhance their market insights and decision-making processes. By integrating two advanced moving averages—Exponential Hull Moving Average (EHMA) and Hull Moving Average (HMA)—along with a dynamic midline, this indicator provides a comprehensive view of market trends across multiple timeframes. Key Features 1. Dual Moving Averages - Exponential Hull Moving Average (EHMA) : - Offers a rapid response to price changes, making it particularly useful for identifying short-term trends. - Utilizes a unique calculation method that reduces lag, allowing traders to react quickly to market movements. - Hull Moving Average (HMA) : - Known for its smoothness and ability to filter out noise, the HMA presents a clear picture of the underlying trend. - The HMA is specifically designed to achieve a balance between responsiveness and smoothness, enabling traders to make informed decisions. 2. Midline Calculation - Dynamic Midline (m) : - The midline is calculated as the average of EHMA and HMA, providing a neutral reference point for evaluating price movements. - It visually represents market sentiment; a rising midline suggests bullish conditions, while a declining midline indicates bearish trends. 3. Visual Components - Fill Areas : - Color-coded fills between the EHMA and HMA enhance visual clarity by indicating the relative position of these moving averages. - The fill color dynamically changes based on the relationship between the two averages (green for EHMA below HMA and red for EHMA above HMA), allowing traders to quickly assess market conditions. 4. Signal Generation and Alerts - Buy/Sell Signals : - The indicator generates buy signals when the midline crosses above its previous value, indicating a potential upward trend. - Conversely, sell signals are triggered when the midline crosses below its previous value, suggesting a possible downward movement. - Alert Conditions : - Built-in alerts notify traders in real-time when significant changes occur, allowing them to act swiftly on potential trading opportunities. - Customizable alert messages ensure traders receive relevant information tailored to their strategies. Technical Details Input Parameters - Timeframe Settings : - Traders can customize the timeframes for both EHMA and HMA, enabling them to adapt the indicator to different trading styles and market conditions. - Length Settings : - Adjustable lengths for both moving averages impact their sensitivity, allowing traders to optimize their performance based on volatility and market dynamics. Plotting and Visualization - Plotting : - The script plots the EHMA, HMA, and midline directly on the chart for easy visualization. - Signal labels (BUY and SELL) are displayed prominently, helping traders to identify potential entry and exit points without ambiguity. Benefits 1. Clarity and Insight - The combination of EHMA, HMA, and midline provides a clear and concise visual representation of market trends, aiding traders in making informed decisions. 2. Flexibility - Customizable parameters allow traders to tailor the indicator to their specific needs, making it suitable for various market conditions and trading styles. 3. Efficiency - Real-time alerts and visual signals minimize response times, enabling traders to capitalize on opportunities as they arise. 4. Enhanced Trading Conditions - When utilizing the Fibonacci number 144 on a daily chart, the indicator facilitates optimal trading conditions: - "The entry was made before the bubble began, using 144 as the Fibonacci variable." - "The exit occurred right before the bubble burst, or alternatively, a short position was initiated." - "When the next bubble started, a long entry was made again." - "Despite some lag, the position was exited and a long entry was made." - "The exit or short entry took place at the second double top peak." - "A short position was already established before the double top formation occurred." - On a 4-hour chart, traders can effectively set stop losses at HMA levels, achieving a risk-reward ratio between 4 and 8. - Additionally, analyzing the 15-minute chart with a multi-timeframe approach allows for more precise entry points. Conclusion The Multi-Timeframe EHMA, HMA, and Midline with Fill script is a robust tool for traders looking to enhance their technical analysis capabilities. By combining multiple moving averages with a dynamic midline and alert system, this indicator offers a comprehensive approach to understanding market trends. Its flexibility, clarity, and efficiency make it an invaluable asset for both novice and experienced traders alike. Important Note As with any trading tool, it is crucial to conduct thorough analysis and risk management when using this indicator. Past performance does not guarantee future results, and traders should always be prepared for potential market fluctuations.
Indicateur Pine Script®
par FibonacciFlux
2
Price & Volume Breakout Fibonacci Probability [TradeDots]📝 OVERVIEW The "Price & Volume Breakout Fibonacci Probability" indicator is designed to detect the probability of the maximum run-up and drawdown of each breakout trade on an asset, assisting traders in optimizing their take profit and stop loss strategies. 🧮 CALCULATIONS The algorithm detects price and volume breakouts to activate the Fibonacci levels displayed on the chart. It calculates these levels using the period pivot high and low, with the close price of the breakout bar as the reference price. The indicator then forward-tests within an user-selected number of bars, detecting the maximum run-up and drawdown during that period. Consequently, it calculates the probability of the price hitting either side of the Fibonacci levels, showing the likelihood of reaching take profit and stop loss targets for each breakout trade. 📊 EXAMPLE The above example shows two breakout trades, circled within the yellow rectangle zone. The first trade has a maximum run-up above the +0.382 Fibonacci level zone and a maximum drawdown below the -0.618 Fibonacci level zone. When the price reaches the maximum run-up, it only has a ~45% probability of moving further upward into the last two zones (25% + 19.44%). This indicates that setting a take profit at a higher level may have less than a 50% chance of success. Conversely, when the price reaches its maximum drawdown, there is only an ~8% probability of moving further downward into the last drawdown zone. This could indicate a potential reversal. ⚙️ SETTINGS Breakout Condition: Determines the type of breakout condition to track: "Price", "Volume", "Price & Volume". Backtest Period: The maximum run-up and drawdown are detected within this bar period. Price Breakout Period: Specifies the number of bars the price needs to break out from. Volume Breakout Period: Specifies the number of bars the volume needs to break out from. Trendline Confirmation: Confirms that the close price needs to be above the trendline. 📈 HOW TO USE By understanding the probabilities of price movements to both the upside and downside, traders can set take profit and stop loss targets with greater accuracy. For instance, placing a stop loss order below the zone with the highest probability minimizes the chances of being stopped out of a profitable trade. Conversely, setting a take profit target at the zone with the highest probability increases the win rate. Additionally, if the price breaches multiple Fibonacci levels during the breakout period, it may indicate an abnormal state, signaling a potential reversal or pullback. This can help traders exit trades in a timely manner. Traders can adjust their take profit and stop loss levels based on their individual risk tolerance. RISK DISCLAIMER Trading entails substantial risk, and most day traders incur losses. All content, tools, scripts, articles, and education provided by TradeDots serve purely informational and educational purposes. Past performances are not definitive predictors of future results.
Indicateur Pine Script®
par tradedots
5
Logarithmic and Linear Fibonacci LevelsIntroduction Fibonacci levels are a technical analysis tool used by some traders to identify potential support and resistance levels. The principle for determining these levels is to take the distance between selected reference high and low points (swing high and swing low in general) as 1 unit and mark the ratios derived from the Fibonacci sequence, such as 0.236, 0.382, 0.618, etc., over this 1 unit. In the conventional method of level determination, the 1 unit is divided into equal distances within itself, and Fibonacci levels are determined based on these equal distances. These types of levels are called Linear Levels . A relatively less common method involves dividing the 1 unit into progressively smaller, more accurately described as proportionally equal, distances and determining Fibonacci levels based on these distances. These types are called Logarithmic Levels . The purpose of this indicator is to provide ease of use in determining both Linear and Logarithmic levels. Where can it be Used? Logarithmic Levels can be used in any instrument where volatility is high for any reason. Specifically in crypto, Logarithmic Levels work very well for BINANCE:BTCUSDT (to observe this, please study the wick from January 23, 2024). As another example, Logarithmic Levels can be used to identify potential accumulation and distribution schemes in altcoins with relatively high volume and market capitalization (refer to the chart provided above BINANCE:FETUSDT ). Additionally, when analyzing traditional markets, Logarithmic Levels can be beneficial for stocks with highly inflated or deflated prices (e.g., NASDAQ:TSLA , NASDAQ:NVDA ), in stock markets of countries battling high inflation (e.g., BIST:XU100 ), or in currency pairs of countries experiencing a recession (e.g., FX_IDC:JPYUSD ). How can it be Used? It is designed similarly to the Fibonacci Tool provided by Trading View to ensure users feel familiar with it. When you start the indicator, select the reference levels (Level 1 and Level 0), then click on the indicator settings to choose specific levels and customize them according to your preferences. What Makes it Unique? Indeed, in the Fibonacci Tool provided by Trading View, we can see both linear and logarithmic levels. However, to view logarithmic levels, it is necessary to switch the relevant instrument's Super Chart to a logarithmic scale. This causes the levels we want to remain 'linear' to also be displayed in their logarithmic form, potentially leading to errors in other indicators we use, incorrect functioning of trend lines drawn in linear scaling, and so on. Additionally, when the Super Chart is scaled logarithmically, it prevents the ability to set alerts for prices and trend lines. This indicator was created to avoid these problems without needing to change the chart's scaling method and to allow the simultaneous viewing of both Linear and Logarithmic levels.
Indicateur Pine Script®
par zekicanozkanli
Gann Box (Zeiierman)█ Overview The Gann Box (Zeiierman) is an indicator that provides visual insights using the principles of W.D. Gann's trading methods. Gann's techniques are based on geometry, astronomy, and astrology, and are used to predict important price levels and market trends. This indicator helps traders identify potential support and resistance levels, and forecast future price movements. Gann used angles and various geometric constructions to divide time and price into proportionate parts. Gann indicators are often used to predict areas of support and resistance, key tops and bottoms, and future price moves. █ How It Works The indicator operates by identifying high and low points within a visible range on the chart and drawing a Gann Box between these points. The box is divided into segments based on selected percentages, which represent key levels for observing market reactions. It includes options to display labels, a Gann fan, and Gann angles for analysis. Advanced features allow extending the box into the future for predictive analysis and reversing its orientation for alternative viewpoints. High and Low Points Identification: It starts by locating the highest and lowest price points visible on the chart. Gann Box Construction: Draws a box from these points and divides it according to specified percentages, highlighting potential support and resistance levels. █ How to Use Support and Resistance Levels Using a Gann angle to forecast support and resistance is probably the most popular way they are used. This technique frames the market, allowing the analyst to read the movement of the market inside this framework. The lines within the Gann Box, drawn at the key percentages, create a grid of potential support and resistance levels. As prices fluctuate, these lines can act as barriers to price movement, with the price often pausing or reversing at these intervals. Forecasting with the 'Extend' Feature: The indicator's ability to extend lines and boxes into the future provides traders with a forward-looking tool to anticipate potential market movements and prepare for them. Gann Fan: This feature draws lines at a significant price angle, helping traders identify potential support and resistance levels based on the theory that prices move in predictable patterns. Gann Curves: Gann Curves display dynamic support and resistance levels, aiding in the analysis of momentum and trend strength. █ Settings The indicator includes several settings that allow customization of its appearance and functionality: ⚪ General Settings Reverse: This setting changes the orientation of labels and calculations within the Gann Box, providing alternative analytical perspectives. It essentially flips the Gann Box's direction, which can be useful in different market conditions or analysis scenarios. Extend: Extends the drawing of Gann lines or boxes into the future beyond the current last bar. This feature is essential for forecasting future price movements and identifying potential support or resistance levels that lie outside the current price action. ⚪ Gann Box Show Box: Toggles the visibility of the Gann Box on the chart. The Gann Box is a fundamental tool in Gann analysis, highlighting key levels based on selected high and low points to identify potential support and resistance areas. Show Fibonacci Labels: Controls the display of Fibonacci labels within the Gann Box. These labels mark specific Fibonacci retracement levels, aiding traders in recognizing significant levels for potential reversals. Box Visibility: Allows users to enable or disable individual boxes within the Gann Box, providing flexibility in focusing on specific levels of interest. Percentage Levels: Defines the Fibonacci levels within the Gann Box. Traders can adjust these levels to customize the Gann Box according to their specific analysis needs. Coloring: Customizes the color of each level within the Gann Box, enhancing visual clarity and differentiation between levels. ⚪ Gann Fan Show Fan: Enables the Gann Fan, which draws lines at significant Gann angles from a particular point on the chart, helping identify potential support and resistance levels. Fan Percentages and Coloring: Similar to the Gann Box, these settings allow traders to customize which Gann angles are displayed and how they are colored. ⚪ Gann Curves Show Curves: When enabled, this setting draws Gann Curves on the chart. These curves are based on Gann percentages and provide a dynamic view of support and resistance levels as they adapt to changing market conditions. Curve Percentages and Coloring: Define which curves are displayed and their colors, allowing for a tailored analysis experience. ⚪ Gann Angles Show Angles: Toggles the display of Gann Angles, which are crucial for understanding the market's price and time dynamics, offering insights into future support and resistance levels. Coloring: Customizes the color of the Gann Angles, making it easier to differentiate between various angles on the chart. █ Alerts The indicator includes several alert conditions for price breakouts from the Gann Box and specific levels, enabling traders to be notified of significant market movements. ----------------- Disclaimer The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Indicateur Pine Script®
par Zeiierman
63
Order Blocks W/ Realtime Fibs [QuantVue]The "Order Blocks W/ Realtime Fibs" indicator is a comprehensive tool combining the concepts of order blocks with Fibonacci retracement. The combination can be a powerful tool for identifying entry and exit points, and potential target areas. Order blocks indicate where major players have likely placed their orders, while Fibonacci levels provide a mathematical basis for potential support and resistance areas. What is an Order Block? An order block in trading refers to an area on the chart in which it is believed a substantial number of orders (buy or sell) collected over a short period. Typically, these are identified as a range of consecutive aggressive bullish or bearish bars (candles). They represent areas where significant market players have entered the market, creating a footprint of their activity. The indicator is highly customizable allowing user to select the number of consecutive bars and minimum price movement required for an order block, along with other settings like requiring a new order block in the opposite direction before finding a new order block. Fibonacci Retracements Fibonacci retracements are popular among technical traders, based on the idea that markets often retrace a predictable portion of a move, after which they continue to move in the original direction. Once an Order Block is detected the indicator will automatically draw Fibonacci levels and continue to update those levels in real time until the user selected retracement level has been hit or a new more relevant order block has been found. The combination of order blocks and Fibonacci retracements in this indicator can be used as a method for spotting potential reversal zones. Indicator features: 🔹Custom Order Block Parameters 🔹Mitigation Type 🔹Custom Colors 🔹Select Retracement Levels 🔹Alerts for Order Blocks & Retracements Give this indicator a BOOST and COMMENT your thoughts! We hope you enjoy. Cheers!
Indicateur Pine Script®
par QuantVue
29
Session Fibonacci Levels [QuantVue]The "Session Fibonacci Levels" indicator is a powerful tool designed for traders who aim to use Fibonacci retracement and extension levels in their trading strategy. The indicator combines Fibonacci levels with customized trading sessions, allowing traders to observe and utilize Fibonacci levels that are automatically calculated for each defined session. This approach offers a dynamic and session-relevant perspective on potential support and resistance levels, which can be crucial for intraday trading strategies. 🔹The indicator calculates Fibonacci retracement and extension levels based on the high and low prices of a specified trading session, dynamically adjusting to the location of the high and low bar. If the low of the session occurs before the high, the fib levels are measured from low to high. If the low of the session occurs after the high, the fib levels are measured from high to low. 🔹Users can set their time zone and define trading sessions, allowing for flexibility and applicability across global markets. This is particularly beneficial for traders who focus on specific market hours like the London or New York sessions. Important sessions: New York (8:00am - 5:00pm EST) London (3:00am - 12:00pm EST) Asia (7:00pm - 4:00am EST) Custom session (user defined session in indicator settings) 🔹The indicator dynamically updates Fibonacci levels as new highs and lows are made within the session, keeping the analysis current. Additionally, it provides alerts when prices hit key Fibonacci levels, aiding in timely decision-making. How to Use: Configure the time zone and session time Once the session begins, the indicator will begin highlighting the session range When the session ends, Fibonacci levels based on the high and low of the session will be drawn Use these levels to identify potential support and resistance areas
Indicateur Pine Script®
par QuantVue
8
Fibonacci Oscillator (Expo)█ Overview The Fibonacci Oscillator is a multi-faceted oscillator designed to provide traders with a comprehensive understanding of market trends and retracement points. Built on the Fibonacci ratios, it combines the functionalities of popular oscillators like RSI and MACD with unique insights into the market structure. This oscillator not only helps identify trend direction but also pinpoints overbought and oversold levels, making it an essential tool for various trading strategies. █ How to Use Identify Trends Use the oscillator to identify the direction of the market trend. Identify Retracements Use the oscillator to identify the retracements. █ Settings Fibonacci Settings These settings let you customize the Fibonacci level to focus on, thereby allowing you to tailor the oscillator according to your trading preferences. Oscillator Settings You can also choose between different oscillator types (RSI, MACD, Histogram) and adjust their respective settings like lengths, signals, and colors. ----------------- Disclaimer The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Indicateur Pine Script®
par Zeiierman
9