Golden Long By VikOpine

📘 Golden Long By VikOpine — User Documentation
📌 Overview:
The Golden Long By VikOpine indicator is a precision trading tool using Fibonacci levels, EMA & RSI trend filters, and clear long/short signals. It’s optimized for SPX, /ES, SPY, /NQ or any high-liquidity index, futures, stocks, crypto or forex. It works on ALL tickers.

⚙️ Features Summary
Feature Description
📐 Fibonacci Levels Tracks intraday or multi-timeframe high/low and plots strategic Golden fib zones.
💡 Trend Detection Uses EMA & RSI to validate directional bias. Values can be customized from input tab.
🔔 Alerts Detects long/short signals and notifies with alert conditions.
🧱 Golden Zone Fill Visual highlight between 78.6% and 61.8% as accumulation zone.
🎯 Labels with Trading Actions Each fib level is labeled with action guidance (e.g., “LONG ABOVE”, "SHORT BELOW").
🎨 Theme Toggle & Color Inputs Fully customizable for light/dark mode.

🧮 How It Works:
🧭 Golden Fibonacci Zone
The script calculates Fibonacci levels between the High and Low of a selected timeframe:

0% → High of selected timeframe (Day’s High)

100% → Low of selected timeframe (Day’s Low)

Intermediate levels: 10%, 50%, 61.8%, 78.6%, 90%
🕹️ User Inputs:
🔧 Inputs Tab

Source for Alert: Price source used for alert condition checks. Default: close.
EMA Length for Trend Filter: Length of EMA used to confirm directional bias. Default: 5.
RSI For Trend Strength Filter: Default values RSI Length 14 and RSI MA Length 9
Timeframe for High/Low: Select the timeframe used to compute Fib levels: 1h, 4h, D, W.
Label Offset Right (bars): Number of bars to the right where fib labels are plotted.
Use Dark Theme: Toggle for dark/light label styles (automatically adjusts contrast).

🎨 Style Tab – Color Customization
Customize plot colors for:

Each Fibonacci level (0%, 10%, 50%, 61.8%, 78.6%, 90%, 100%)
EMA trend line
Long/Short alert markers
Golden Zone Fill

🧠 Logic & Alerts
✅ Long Entry Signals:
Golden Zone Entry (78.6%–61.8%) and RSI Bullish → CALL Alert

Break above 90% level and still above EMA → Early Long Entry Alert

❌ Short Entry Signal:
If price crosses below the 10% level while under EMA & RSI Bearish → PUT Alert

🔔 Alert Conditions (for use in TradingView alerts):

Golden Zone CALL Alert: “Price entered Golden Zone (0.786 to 0.618) in uptrend — consider CALL”
90% to 78.6% CALL Alert “Price crossed upward from 0.900 to 0.786 in uptrend — early entry Long signal”
10% SHORT Alert “Price reached 10% level in downtrend — consider PUT”

📈 Visual Guide
Golden Fib Band (between 78.6% and 61.8%) is shaded to highlight the ideal Buy zone.
EMA Line is plotted to help filter signals by trend.
Triangle markers show long (green, below bar) or short (blue, above bar) alerts.

📋 Best Practices & Notes
Best used on high-volume indices or liquid stocks.
Use the Label Offset if fib labels are overlapping candles.
Adjust EMA length for faster or slower signal behavior.

❓ FAQs
Q: Why are no signals showing?
A: Check below:
Your selected timeframe has enough range between high and low.
You’re not already at max alerts (2 per fib cycle). Only 2 alerts generated to avoid over trading.
Price has touched or crossed fib levels and EMA confirms the trend.

Q: Can I use this on crypto/forex?
Yes! Just adjust the timeframe and fib interpretation for volatility.
Q: How to get in touch in case of queries?
Yes. Follow and send message on x.com/VikOpine
Q: How to join LIVE (US Market) Trading?
Visit vikopine.substack.com for more details.