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Fibonnacci

Fibonnacci

52SIGNAL RECIPE Bollinger Bands & Fibonacci Spike Signal Matrix ====== 52SIGNAL RECIPE Bollinger Bands & Fibonacci Spike Signal Matrix ====== ◆ Overview 52SIGNAL RECIPE Bollinger Bands & Fibonacci Spike Signal Matrix is an advanced multi-band indicator that integrates Bollinger Bands, Fibonacci levels, and ATR-based Spike signals (for detecting bullish/bearish pressure and volatility surges). Built on a VWMA (Volume-Weighted Moving Average) foundation, it displays standard deviation bands, Fibonacci extension zones, multi-level expansions, and real-time bullish/bearish spike alerts alongside price labeling and color gradation. This tool is designed to help traders visually analyze and react to: - Key support/resistance zones - Overbought/oversold boundaries - Sudden directional volatility shifts (spikes) All parameters are customizable to suit a wide variety of trading strategies and styles. ====== ◆ Key Features ====== - Multi-structured Bollinger Bands: VWMA-based center line with ± standard deviation bands and multiple levels of outer extension (+10% to +50%) - Integrated Fibonacci Bands: Levels at 23.6%, 38.2%, 50%, 61.8%, and 78.6% above and below the center line - ATR-based Spike Signal Alerts: Automatically detects sudden bullish/bearish volatility surges and triggers directional warning labels (“Bullish Spike Warning” or “Bearish Spike Warning”) - Real-Time Price Labels & Visual Gradation: Each important band and level includes live price labeling and color-coded zone visualization - Fully Adjustable Parameters & Panel Display Options: All inputs and visual elements can be toggled or customized ====== ◆ Technical Basis ====== ■ Bollinger Bands & Multi-Extension - Center Line: VWMA (Volume-Weighted Moving Average) - Bands: ± Standard deviation (default 2.5), with extensions in +10% increments up to +50% - Extension Zones: Reveal reactions to high volatility or trend continuation ■ Fibonacci Bands - Symmetrical expansion from center line using Fibonacci ratios - Visually highlights layered historical retracement zones and price clustering ■ ATR-Based Spike Signal - Adaptive to chart timeframe (ATR Length & Multiplier auto-adjusted) - Spike alerts triggered when price exceeds upper/lower ATR bands - One signal per X bars to filter noise (interval adjustable) ■ Live Visual Labeling & Color Gradients - Intelligently labeled bands with dynamic color shading between levels - Helps clarify price geometry and zone importance ====== ◆ Practical Applications ====== ■ Spike Signal Interpretation - Bullish Spike Warning — Market plunged below ATR range → Potential oversold rebound signal - Bearish Spike Warning — Market surged above ATR range → Potential overbought reversal signal ■ Band & Level Interaction - Ripple behavior between Fibonacci levels signals trend momentum/weakness - Penetration through outer expansion bands flags possible trend strength or volatility spikes ■ Integrated Trading Strategies - Reversal Trades: Bounces between extension and Fibonacci levels - Breakout Confirmation: Spike signals backing breakout moves - Directional Bias: Trend-following confirmation when price exceeds multiple zones ====== ◆ Advanced Setting Options ====== All parameters can be fine-tuned for your trading strategy, market, and timeframe. ■ Bollinger Band Period _Default:_ 20 _Description:_ Number of bars for VWMA and standard deviation. Shorter (10–14): faster but noisier. Longer (30–50): smoother, better for trend analysis. ■ Standard Deviation Multiplier _Default:_ 2.5 _Description:_ Controls main band width. Lower values (1.5–2.0): More signals, higher sensitivity. Higher values (2.5–3.0): Fewer signals, higher reliability. ■ Band Extension Ratios _Default:_ +10%, +20%, +30%, +40%, +50% _Description:_ Amount to expand beyond standard bands. Used for detecting extended zones or extreme price movement areas. ■ ATR Length _Default:_ Auto depending on timeframe (typically 14–30) _Description:_ Period for calculating ATR. Shorter: Reacts faster, more sensitive. Longer: Smoother, filters short noise. ■ ATR Multiplier _Default:_ Auto (1.75 to 2.8) _Description:_ Sets the threshold for Spike signals. Lower: More frequent but smaller spikes. Higher: Triggers fewer but stronger signals. ■ Fibonacci Levels _Default:_ 0.236, 0.382, 0.5, 0.618, 0.786 _Description:_ Determines how far Fibonacci bands extend from the center. Aids in identifying key retracement and reaction points. ■ Spike Signal Interval _Default:_ 7 bars _Description:_ Minimum bar separation between consecutive spike signals. Prevents signal overflooding from consecutive candles. ■ Labels & Coloring Display _Toggle ON/OFF_ Show/hide all price labels and visual zone shading. Useful for decluttering or focusing on strategy testing. Try adjusting these inputs based on your strategy and market conditions. Optimize for scalping, swing trading, day trading, or investing by testing different lengths, bands, and spike sensitivities. ====== ◆ Indicator Synergies ====== - Combine with moving averages, RSI, or MACD for breakout filters - Use with support/resistance lines or Fibonacci retracements to validate critical zones - Pair with Keltner Channels, ATR Bands, or volume-based tools for enhanced volatility tracking ====== ◆ Conclusion ====== 52SIGNAL RECIPE Bollinger Bands & Fibonacci Spike Signal Matrix offers a cohesive framework that connects price level analysis, trend structure, and volatility-driven directional signals—all in one indicator. It’s not just a visualization tool, but a decision-support system for both reactive trade entries and proactive risk management. With full parameter adjustability and a clear structural layout, it empowers traders to adapt across assets, timeframes, and strategies—efficiently and confidently. ====== ◆ Disclaimer ====== This indicator is for informational and educational purposes only. Past performance does not guarantee future results. Always apply proper risk management. ====== 52SIGNAL RECIPE Bollinger Bands & Fibonacci Spike Signal Matrix ====== ◆ 개요 52SIGNAL RECIPE Bollinger Bands & Fibonacci Spike Signal Matrix는 볼린저 밴드, 피보나치 레벨, ATR 기반 스파이크 신호(상방/하방 압력 감지)를 결합한 고급 멀티 밴드 인디케이터입니다. VWMA(거래량 가중 이동평균) 기반 중심선 위에 표준편차 밴드, 피보나치 확장 레벨, 다중 확장 밴드, 실시간 상·하방 스파이크 경고(라벨)와 가격 레이블·컬러 그라데이션이 동시에 제공됩니다. 트레이더가 주요 지지/저항, 과매수·과매도, 급격한 변동성 스파이크(방향성 돌파)를 한눈에 시각적으로 분석할 수 있도록 디자인되었습니다. 모든 설정값은 트레이딩 스타일에 맞춰 자유롭게 조절 가능합니다. ====== ◆ 주요 특징 ====== - VWMA 기반 중심선과 표준편차 밴드(±), 10~50% 단계별 외곽 확장 - 피보나치 밴드: 중심선 기준 23.6%, 38.2%, 50%, 61.8%, 78.6% 상·하단 동시 표기 - ATR 기반 스파이크 신호: 강한 상·하방 변동성 구간 실시간 감지(‘Bullish Spike Warning’, ‘Bearish Spike Warning’ 라벨) - 실시간 가격 레이블 & 컬러 구간 구분 - 밴드/변동성/피보나치/시각 옵션 등 설정 완전 자유화 ====== ◆ 기술적 기반 ====== ■ 볼린저 밴드/확장 - VWMA 중심선, ± 표준편차 밴드(기본 2.5), 단계별 외곽 확장(10~50%) ■ 피보나치 밴드 - 중심선 기준 대칭 배치(0.236, 0.382, 0.5, 0.618, 0.786) ■ ATR 기반 스파이크 신호 - 차트 주기에 자동 최적화(ATR 기간/배수), 상단·하단 ATR 밴드 돌파 시 스파이크 라벨 - 반복 신호 방지(신호 간격 조정 가능) ■ 실시간 레이블 & 컬러 그라데이션 - 주요 밴드, 피보나치, 확장 레벨별 가격 표시 및 구간 별도 색상 ====== ◆ 실용적 응용 ====== ■ 스파이크 신호 해석 - Bullish Spike Warning: 과매도 구간(강한 하락 후 단기 반등 가능성) - Bearish Spike Warning: 과매수 구간(급등 이후 단기 되돌림 가능성) ■ 밴드 & 레벨 시그널 - 피보나치 레벨 간 파동/추세 강도 진단 - 외곽 확장 밴드 돌파 시 강한 추세 혹은 변동성 집중 구간 인식 ■ 통합 트레이딩 전략 - 주요 밴드·피보나치 간 바운스, 전환 패턴 기반 반전매매 - 스파이크 신호와 결합한 돌파 추종·추세 확정 대응 - 다중 구간 통과 시 방향성 강화 신호 등급별 분할 대응 ====== ◆ 고급 설정 옵션 ====== 트레이딩 스타일, 차트 주기, 시장 환경에 따라 모든 항목을 직접 조정할 수 있습니다. ■ 볼린저 밴드 기간 (Bollinger Band Period) 기본값: 20 VWMA 및 표준편차 산출에 적용할 캔들 수 짧게(10~14): 신호 빠르며 노이즈 많음 길게(30~50): 깔끔한 추세 중시 ■ 표준편차 계수 (Standard Deviation Multiplier) 기본값: 2.5 밴드 폭 조절 1.5~2.0: 민감, 많이 신호 2.5~3.0: 신뢰도 높고 드문 신호 ■ 밴드 확장 비율 (Band Extension Ratios) 기본값: 10%, 20%, 30%, 40%, 50% 기본 밴드에서 외곽 확장 단계 극단 변동성, 피로구간 등 감지 ■ ATR 기간 (ATR Length) 기본값: 자동(보통 14~30) ATR 산출 캔들 수 짧을수록 민감, 길수록 부드러움 ■ ATR 배수 (ATR Multiplier) 기본값: 자동(1.75~2.8) 스파이크 신호 감지 문턱값 낮게: 잦고 약한 신호 높게: 드문 강한 신호 ■ 피보나치 레벨 (Fibonacci Levels) 기본값: 0.236, 0.382, 0.5, 0.618, 0.786 중심선으로부터 각 밴드 거리 주요 지지/저항, 파동구조 세분화 ■ 스파이크 신호 간격 (Spike Signal Interval) 기본값: 7 연속적 신호 과다 방지용 최소 캔들 수 높을수록 과발생 차단 ■ 레이블/채색 표시 (Labels & Coloring) On/Off 가격 레이블·영역 컬러 표시 ON/OFF 시장/전략별로 세부 세팅을 바꿔가며 직접 테스트 해보세요! ====== ◆ 시너지 활용 ====== - 이동평균, RSI, MACD 등과 조합시 신호 필터링 - 기존 수평 지지/저항, 피보나치 리트레이스먼트 등과 병용 - ATR, 켈트너밴드, 거래량 등과 복합 분석 가능 ====== ◆ 결론 ====== 52SIGNAL RECIPE Bollinger Bands & Fibonacci Spike Signal Matrix는 가격 구조, 변동성 이벤트, 방향성 신호를 하나로 통합한 고급 매매 지원 시스템입니다. 스캘핑, 스윙, 포지션 트레이딩 등 다양한 전략에 맞게 모든 파라미터를 세밀하게 조율할 수 있습니다. 현대 트레이딩 환경에 최적화된 정밀 결정 지원 도구로 활용하세요. ====== ◆ 면책 조항 ====== 본 지표는 정보 제공 및 교육 목적입니다. 과거 실적이 미래의 수익을 보장하지 않으므로 반드시 철저한 리스크 관리를 병행하세요.

Pine Script® indicator

by five2ventures

Jul 18

52SIGNAL RECIPE VWAP Quantum Matrix Pro ═══52SIGNAL RECIPE VWAP Quantum Matrix Pro ═══ ◆ Overview 52SIGNAL RECIPE VWAP Quantum Matrix Pro is an advanced technical indicator based on Volume Weighted Average Price (VWAP), integrating volatility-adjusted bands and Fibonacci levels to provide multi-dimensional analysis of price movements. It automatically applies optimized lookback periods for different timeframes, providing customized analysis for various trading styles, and helps traders effectively identify critical support/resistance zones through precise price level identification. ───────────────────────────────────── ◆ Key Features • **Adaptive VWAP Bands**: Automatically adjusting upper and lower bands based on market volatility • **Fibonacci Integration**: Fibonacci levels (23.6%, 38.2%, 50%, 61.8%, 78.6%) extended around VWAP center • **Timeframe Optimization**: Automatic lookback period adjustment for each chart cycle • **Pivot Point Analysis**: Core support/resistance levels based on volume-weighted highs and lows • **Precision Labeling**: Accurate numerical display for all major price levels • **Visual Gradation**: Intuitive visualization through color gradation for each Fibonacci level ───────────────────────────────────── ◆ Technical Foundation ■ VWAP Calculation Principles • **Volume Weighting**: Calculation of real equilibrium price considering volume rather than simple price averaging • **Standard Deviation Bands**: Statistical fluctuation range setting around VWAP center • **Volatility Adjustment Mechanism**: Dynamic band width adjustment using current ATR to historical ATR ratio • **Precise Price Range**: Identification of highest/lowest price range within specified lookback period ■ Fibonacci Band Implementation • **VWAP-Centered Extension**: Division of distance from centerline (VWAP) to standard deviation bands by Fibonacci ratios • **Symmetrical Upper/Lower Structure**: Application of identical Fibonacci ratios in both upward and downward directions • **Color Gradation**: Progressive color changes for each Fibonacci level providing visual depth ───────────────────────────────────── ◆ Practical Applications ■ Price Movement Interpretation • **Central Reference Point**: ▶ VWAP serves as intraday/period equilibrium price providing balance point of buying/selling pressure ▶ Movement above/below VWAP can be interpreted as short-term bullish/bearish signals • **Band Reaction Patterns**: ▶ Reaching outer bands (100%) signals overbought/oversold conditions ▶ Reaction patterns between Fibonacci levels provide basis for trend strength and persistence judgment ■ Trading Strategy Utilization • **Range-bound Trading**: ▶ Short-term trading utilizing bounce patterns between Fibonacci levels ▶ Oscillation trading between centerline (VWAP) and Fibonacci levels • **Trend Following Strategy**: ▶ Breakout of Fibonacci levels aligned above/below VWAP signals trend strengthening ▶ Strong momentum confirmation when re-entering after outer band breakout ───────────────────────────────────── ◆ Advanced Configuration Options ■ Input Parameter Guide • **Base Standard Deviation** (Default: 2.0) ▶ 1.0-1.5: Narrow bands, suitable for short-term trading ▶ 1.8-2.2: Balanced bands, optimal for general market conditions ▶ 2.5-3.0: Wide bands, suitable for long-term positions • **Maximum/Minimum Standard Deviation** (Default: 3.0/1.0) ▶ Maximum: Cryptocurrency (4.0), Stocks/Forex (3.0), Low volatility (2.5) ▶ Minimum: Intraday trading (0.8), General (1.0), Long-term (1.5) • **Volatility Measurement Period** (Default: 20) ▶ Short-term (10-14): Fast response, intraday trading ▶ Medium-term (15-25): Balanced response, swing trading ▶ Long-term (30-50): Noise filtering, long-term investment • **Use Volatility Adjustment** (Default: On) ▶ On: Automatic band width adjustment based on current market volatility (recommended) ▶ Off: Fixed standard deviation bands usage ■ Timeframe-Specific Optimal Settings • **Intraday Trading** (15min-1hr): Base standard deviation 1.8, volatility period 14 • **Swing Trading** (4hr-daily): Base standard deviation 2.0, volatility period 20 • **Position Trading** (daily-weekly): Base standard deviation 2.5, volatility period 30 ■ Market-Specific Optimal Settings • **Stock Market**: Base standard deviation 2.0, volatility period 20 • **Forex Market**: Base standard deviation 1.8, volatility period 25 • **Cryptocurrency Market**: Base standard deviation 2.5, volatility period 14, maximum standard deviation 4.0 ───────────────────────────────────── ◆ Synergy with Other Indicators • **Moving Averages**: VWAP and major moving average crossovers strengthen trend reversal signals • **RSI/Stochastic**: Combination of VWAP band reactions in overbought/oversold zones improves reversal signal accuracy • **Bollinger Bands**: VWAP Quantum Matrix and Bollinger Band convergence/divergence patterns are useful for volatility change prediction • **Fibonacci Retracement**: Strong support/resistance formation when trend-direction Fibonacci retracement matches VWAP Fibonacci levels • **Horizontal Support/Resistance**: Reaction probability significantly increases when past important price levels match VWAP Fibonacci levels ───────────────────────────────────── ◆ Conclusion VWAP Quantum Matrix Pro provides deep insights into price action by integrating volatility-adjusted bands and Fibonacci theory into traditional VWAP analysis. It dynamically responds to market environment changes through volume weighting and volatility adaptation mechanisms, and can be flexibly applied to various trading styles through timeframe-optimized lookback period settings. Through appropriate input parameter configuration, the indicator can be optimized to match each trader's style and objectives, and through combination with other technical indicators, it strengthens confidence in trading decisions, ultimately enabling more precise and systematic market approaches. ───────────────────────────────────── ※ Disclaimer: Past performance does not guarantee future results. Always use appropriate risk management strategies. ═══52SIGNAL RECIPE VWAP Quantum Matrix Pro ═══ ◆ 개요 52SIGNAL RECIPE VWAP Quantum Matrix Pro는 거래량 가중 평균 가격(VWAP)을 기반으로 하는 고급 기술적 지표로, 변동성 조정 밴드와 피보나치 레벨을 통합하여 가격 움직임을 다차원적으로 분석합니다. 타임프레임별로 최적화된 룩백 기간을 자동 적용하여 다양한 거래 스타일에 맞춤화된 분석을 제공하며, 정밀한 가격 레벨 식별을 통해 트레이더가 중요한 지지/저항 구간을 효과적으로 파악할 수 있도록 돕습니다. ───────────────────────────────────── ◆ 주요 특징 • **적응형 VWAP 밴드**: 시장 변동성에 따라 자동으로 조정되는 상하단 밴드 제공 • **피보나치 통합**: VWAP 중심으로 피보나치 레벨(23.6%, 38.2%, 50%, 61.8%, 78.6%) 확장 • **타임프레임 최적화**: 각 차트 주기에 맞춰 자동으로 룩백 기간 조정 • **피봇 포인트 분석**: 거래량 가중 고저가 기반의 핵심 지지/저항 레벨 표시 • **정밀 레이블링**: 모든 주요 가격 레벨에 정확한 수치 표시 • **시각적 그라데이션**: 피보나치 레벨별 컬러 그라데이션으로 직관적인 시각화 ───────────────────────────────────── ◆ 기술적 기반 ■ VWAP 계산 원리 • **거래량 가중치**: 단순 가격 평균이 아닌 거래량을 고려한 실질적 균형 가격 계산 • **표준편차 밴드**: VWAP 중심으로 통계적 변동 범위 설정 • **변동성 조정 메커니즘**: 현재 ATR과 과거 ATR 비율을 활용한 동적 밴드폭 조정 • **정밀 가격 범위**: 지정된 룩백 기간 내 최고/최저 가격 범위 식별 ■ 피보나치 밴드 구현 • **VWAP 중심 확장**: 중심선(VWAP)에서 표준편차 밴드까지의 거리를 피보나치 비율로 분할 • **상하단 대칭 구조**: 상승과 하락 방향으로 동일한 피보나치 비율 적용 • **색상 그라데이션**: 피보나치 레벨별 점진적 색상 변화로 시각적 깊이감 제공 ───────────────────────────────────── ◆ 실용적 응용 ■ 가격 움직임 해석 • **중심 기준점**: ▶ VWAP은 일중/기간 내 균형가격으로 매수/매도 압력의 균형점 제공 ▶ VWAP 위/아래 움직임은 단기 강세/약세 신호로 해석 가능 • **밴드 반응 패턴**: ▶ 외부 밴드(100%)에 도달 시 과매수/과매도 상태 시그널 ▶ 피보나치 레벨 간 반응 패턴은 추세 강도와 지속성 판단 근거 ■ 트레이딩 전략 활용 • **범위 내 거래**: ▶ 피보나치 레벨 간 바운스 패턴 활용한 단기 매매 ▶ 중심선(VWAP)과 피보나치 레벨 간 오실레이션 거래 • **추세 추종 전략**: ▶ VWAP 위/아래 정렬된 피보나치 레벨 돌파는 추세 강화 신호 ▶ 외부 밴드 돌파 후 다시 진입 시 강한 모멘텀 확인 ───────────────────────────────────── ◆ 고급 설정 옵션 ■ 인풋 파라미터 가이드 • **기본 표준 편차 (Base Standard Deviation)** (기본값: 2.0) ▶ 1.0-1.5: 좁은 밴드, 단기 거래에 적합 ▶ 1.8-2.2: 균형 잡힌 밴드, 일반적 시장 환경에 최적 ▶ 2.5-3.0: 넓은 밴드, 장기 포지션에 적합 • **최대/최소 표준 편차 (Maximum/Minimum Standard Deviation)** (기본값: 3.0/1.0) ▶ 최대: 암호화폐(4.0), 주식/외환(3.0), 저변동성(2.5) ▶ 최소: 일중 거래(0.8), 일반(1.0), 장기(1.5) • **변동성 측정 기간 (Volatility Measurement Period)** (기본값: 20) ▶ 단기(10-14): 빠른 반응, 일중 거래 ▶ 중기(15-25): 균형 잡힌 반응, 스윙 트레이딩 ▶ 장기(30-50): 노이즈 필터링, 장기 투자 • **변동성 조정 사용 (Use Volatility Adjustment)** (기본값: 켜짐) ▶ 켜짐: 현재 시장 변동성에 따라 밴드 폭 자동 조정 (권장) ▶ 꺼짐: 고정된 표준편차 밴드 사용 ■ 타임프레임별 최적 설정 • **일중 거래** (15분-1시간): 기본 표준편차 1.8, 변동성 기간 14 • **스윙 트레이딩** (4시간-일봉): 기본 표준편차 2.0, 변동성 기간 20 • **포지션 트레이딩** (일봉-주봉): 기본 표준편차 2.5, 변동성 기간 30 ■ 시장별 최적 설정 • **주식 시장**: 기본 표준편차 2.0, 변동성 기간 20 • **외환 시장**: 기본 표준편차 1.8, 변동성 기간 25 • **암호화폐 시장**: 기본 표준편차 2.5, 변동성 기간 14, 최대 표준편차 4.0 ───────────────────────────────────── ◆ 다른 지표와의 시너지 • **이동평균선**: VWAP과 주요 이동평균선 교차는 추세 전환 신호 강화 • **RSI/스토캐스틱**: 과매수/과매도 구간에서 VWAP 밴드 반응과 결합 시 반전 신호 정확도 향상 • **볼린저 밴드**: VWAP Quantum Matrix와 볼린저 밴드 수렴/발산 패턴은 변동성 변화 예측에 유용 • **피보나치 리트레이스먼트**: 추세 방향 피보나치 리트레이스먼트와 VWAP 피보나치 레벨 일치 시 강력한 지지/저항 형성 • **수평 지지/저항**: 과거 중요 가격대와 VWAP 피보나치 레벨 일치 시 반응 확률 대폭 증가 ───────────────────────────────────── ◆ 결론 VWAP Quantum Matrix Pro는 전통적인 VWAP 분석에 변동성 조정 밴드와 피보나치 이론을 통합하여 가격 행동에 대한 깊이 있는 통찰력을 제공합니다. 거래량 가중치와 변동성 적응 메커니즘을 통해 시장 환경 변화에 동적으로 대응하며, 타임프레임별 최적화된 룩백 기간 설정으로 다양한 거래 스타일에 유연하게 적용할 수 있습니다. 적절한 인풋 파라미터 설정을 통해 각 트레이더의 스타일과 목표에 맞게 지표를 최적화할 수 있으며, 다른 기술적 지표들과의 조합을 통해 트레이딩 결정에 대한 확신을 강화하고, 궁극적으로 더 정밀하고 체계적인 시장 접근을 가능하게 합니다. ───────────────────────────────────── ※ 면책 조항: 과거 성과가 미래 결과를 보장하지 않습니다. 항상 적절한 리스크 관리 전략을 사용하세요.

Pine Script® indicator

by five2ventures

Jul 18

Premium Fibonacci Buy/Sell [MasoodPro]OVERVIEW This script plots Fibonacci Entry Bands, a trend-following and mean-reversion hybrid system built around dynamic volatility-adjusted bands scaled using key Fibonacci levels. It calculates a smoothed basis line and overlays multiple bands at fixed Fibonacci multipliers of either ATR or standard deviation. Depending on the trend direction, specific upper or lower bands become active, offering a clear framework for entry timing, trend identification, and profit-taking zones. CONCEPTS The core idea is to use Fibonacci levels—0.618, 1.0, 1.618, and 2.618—as multipliers on a volatility measure to form layered price bands around a trend-following moving average. Trends are defined by whether the basis is rising or falling. The trend determines which side of the bands is emphasized: upper bands for downtrends, lower bands for uptrends. This approach captures both directional bias and extreme price extensions. Take-profit logic is built in via crossovers relative to the outermost bands, scaled by user-selected aggressiveness. FEATURES Basis Line – A double EMA smoothing of the source defines trend direction and acts as the central mean. snapshot Volatility Bands – Four levels per side (based on selected ATR or stdev) mark the Fibonacci bands. These become visible only when trend direction matches the side (e.g., only lower bands plot in an uptrend). snapshot Bar Coloring – Bars are shaded with adjustable transparency depending on distance from the basis, with color intensity helping gauge overextension. snapshot Entry Arrows – A trend shift triggers either a long or short signal, with a marker at the outermost band with ▲/▼ signs. snapshot Take-Profit Crosses – If price rejects near the outer band (based on aggressiveness setting), a cross appears marking potential profit-taking. snapshot Bounce Signals – Minor pullbacks that respect the basis line are marked with triangle arrows, hinting at continuation setups. snapshot Customization – Users can toggle bar coloring, signal markers, and select between ATR/stdev as well as take-profit aggressiveness. Alerts – All major signals, including entries, take-profits, and bounces, are available as alert conditions.

Pine Script® indicator

Jul 15

Fibonacci retracement Hi all! This indicator will show you the most recent Fibonacci retracement in the current trend. So if the trend is bullish the Fibonacci retracement will be drawn from swing low to high and from swing high to low in a bearish trend. The uniqueness in this script lies in the adaptation to trend. To only plot the Fibonacci retracements according to the current market trend. The trend is determined through break of structures (BOS) and change of characters (CHoCH). A change of character can be of type change of character plus (with a failed swing) and will then be shown as CHoCH+. This is possible through my library 'MarketStructure' (). It only uses break of structures and change of characters to be able to determine the trend, if you want a more detailed picture of the market structure you can use my script 'Market structure' (). History and what to look for Fibonacci retracement levels are used by many traders and are levels that are not Fibonacci sequence numbers themselves but they deriver from them. Some examples are: 23,6% - Divide a number by one three places ahead (e.g. 13/55) 38,2% - Divide a number by the one two places ahead (e.g. 21/55) 50% - Not from the Fibonacci sequence, but it's a number that price has reacted from in the past. Markets tend to retrace half a move before continuing 61,8% - The "golden retracement level". It derives from the "golden ratio" and is a core component of the Fibonacci sequence. The further you go in the Fibonacci sequence the preceding number divided by the current number will get closer and closer to this "golden ratio". This level is considered the most important Fibonacci retracement level by many traders 78,6% - Square root of 61.8%. This is often considered a deep correction (but not a trend reversal) and are often used for late entries These levels are considered "key" and most significant. You want to look for a retracement of the price (down in a bullish trend and up in a bearish trend) to give you good entries. Settings For the trend you can set the pivot/swing lengths (right and left) and use the checkbox if you want these pivots to have labels. This can be done in the 'Market strucure' section. In the 'Fibonacci retracement' section there is settings for the actual Fibonacci retracement. You can enable the trendline, set the color and the style of it. You can select which levels that should be shown by the indicator. There are 11 levels enabled by default, they are; 0-4.236. All settings in this section tries to be as similar to the "Fib Retracement" tool in Tradingview. You can also select the style of these lines (solid, dashed or dotted) and if you want them to extend to the right or not. After this you can select if the Fibonacci retracement should be reversed or not, if prices should be displayed, if levels should be displayed and if to show the decimal levels or percentages and lastly the font size of these labels. All defaults are based on the "Fib Retracement" tool by Tradingview. Visualization This indicator aims to be as visually similar to the default ("Fib Retracement") tool here on Tradingview. It will plot the Fibonacci retracement (called Auto Fibonacci/Auto fib) according to the trend from the library 'MarketStrucure'. The big differences from the "Fib Retracement" tool by Tradingview is that it's automatic (that adapts to trend), the market structure is visualized through lines and labels (showing 'BOS' for break of structures and 'CHoCH'/'CHoCH+' for change of characters) and that the labels showing information about the levels are positioned to be highly visible (left if <50% otherwise right if in a bullish trend, vice versa in a bearish trend or if reversed). Don't hesitate if you have any feedback or nice feature suggestions! Best of trading luck!

Pine Script® indicator

Jul 14

AMV HTF Levels The AMV HTF Levels indicator is a custom-built structure tool designed to help traders align with institutional-level zones across multiple timeframes. It auto-plots Fibonacci-based levels from the previous day and dynamically tracks the current session’s opens, highs, and lows across daily, weekly, and monthly timeframes. What it does: Uses previous day’s high and low to calculate Fibonacci retracement levels, drawing precise zone boxes that act as support/resistance or trend filters. Tracks and updates the current high and low of the day/week/month in real time using floating boxes that extend through each respective session. Plots static open levels at the beginning of each day, week, or month, with optional visual fills that indicate whether price is trading above (bullish) or below (bearish). Lets you toggle on/off individual level groups or presets (e.g., 50%, key levels, power levels) to tailor what’s shown based on your trading style. 📈 Use case: This tool is designed for traders who want to anchor their intraday or swing decisions around high-probability reference levels. It can be used to: Identify trend conditions Trending above the upper green line (e.g. 78.6% or 100%) indicates strength. Ranging between green lines often signals consolidation or balance. Trending below the lower green line (e.g. 0% or 23.6%) shows bearish pressure. Use opens as bias filters Daily/Weekly/Monthly Opens act as key session pivot points. Price holding above the open = bullish structure. Price rejecting the open = potential reversal or shift. React to dynamic highs/lows Monitor where liquidity is building or being swept. Use real-time high/low tracking for breakout/reversal triggers. This is not a signal generator — it's a market context enhancer. Use it alongside your entry system to sharpen your timing, filter bad trades, and align with the bigger picture.

Pine Script® indicator

Jul 14

Dynamic Trend & Levels by VikOpine This indicator combines the best aspects of trend-following, volume and price action to help traders make informed decisions and can be used with other indicators for confluence. 🚀 Key Features and Concepts: Volume-Weighted Moving Average (VWMA): Unlike a simple moving average, the VWMA gives more weight to price action with higher volume, helping traders identify strong trends backed by significant market participation. It helps distinguish between low-volume price fluctuations and meaningful market moves. Volume-Weighted Average Price (VWAP): Used by institutional traders, VWAP serves as a benchmark to gauge whether the current price is overbought or oversold relative to the average price weighted by volume. The indicator tracks VWAP levels dynamically, offering insights into price reversion opportunities and breakout confirmations. Fibonacci Levels (Dynamic Support & Resistance): The script dynamically plots Fibonacci retracement and extension levels based on recent price swings, allowing traders to identify potential reversal and continuation zones. These levels change colors individually based on them becoming support or resistance. Fibonacci levels help in setting stop-loss levels and profit targets based on natural market cycles. Ichimoku Cloud (Trend Confirmation & Market Sentiment): Provides a multi-dimensional view of trend strength, momentum, and potential reversals. The Kumo (cloud) helps traders identify support and resistance zones, while the Tenkan-Sen and Kijun-Sen lines confirm trend direction. I prefer to remove the lines and only keep the clouds to anticipate upcoming trend. How the Indicator Works: The script dynamically calculates and overlays VWMA and VWAP to give a clear view of volume-backed trends. Fibonacci levels are recalculated based on recent swing highs and lows, ensuring they remain relevant to current price action. This feature avoids to re-draw Fibs manually. The Ichimoku Cloud adjusts in real-time to provide trend and momentum signals. The session volume profile updates dynamically to highlight high-liquidity zones and potential breakout areas. Alerts can be set up in Tradingview allowing traders to know the price action in real time. How to Use This Indicator in Trading: Trend Confirmation: Use VWMA, VWAP, and the Ichimoku Cloud to determine the prevailing trend and avoid trading against market momentum. Go with the trend. Reversals: Look at the dynamic Fibonacci levels to find key support and resistance areas where price may reverse or consolidate. These levels change color as they become support or resistance. Breakout & Continuation Trading: Monitor VWAP deviations and Ichimoku signals to identify strong trend continuation setups. Mean Reversion: Use VWAP re-tests to spot potential pullback entries in established trends. Alerts: Customize alerts to stay ahead of market moves. Take advantage of paper trading feature available in Tradingview to familiarize yourself with this indicator. Experience is the best teacher as in any other case. Ideal for: ✅ Traders looking to capitalize on VWAP trend and level. ✅ Traders utilizing Fibonacci levels and Ichimoku trends for structured trades. ✅ Scalpers leveraging levels and trends for quick entries/exits. ✅ Traders who rely on volume-backed trend confirmations. No indicator is perfect so take everything with a pinch of salt. Drop a comment below with your feedback or if you have any question.

Pine Script® indicator

Feb 26

Essa - Enhanced Fibonacci Confluence Toolkit A precision-engineered trading tool designed to identify high-probability reversal zones using price action alone. This version expands on traditional Fibonacci confluence techniques by integrating a multi-tiered market structure framework and advanced state management. Key Features: Fully automated CHoCH (Change of Character) detection Tiered market structure logic (Short, Intermediate, Long-Term) Dynamic Area of Interest (AOI) zone rendering Automatic Fibonacci retracement plotting from swing highs/lows Customisable Fibonacci levels (0% to 100%, including 23.6%, 61.8%, 65%, 78.6%) Real-time Fibonacci invalidation logic with on-chart alerts Bullish and bearish engulfing candle detection with structure-based filtering Configurable swing labels (◉, △▽, H/L) with size control Adjustable CHoCH line styles and widths Optional display of Fibonacci level labels Modular and efficient codebase with object-oriented architecture Originally inspired by the LuxAlgo Fibonacci Confluence Toolkit (v5). Credit to LuxAlgo for the foundational concept.

Pine Script® indicator

Updated Jul 13

Golden Ratio Trend Persistence [EWT]Golden Ratio Trend Persistence ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Overview The Golden Ratio Trend Persistence is a dynamic tool designed to identify the strength and persistence of market trends. It operates on a simple yet powerful premise: a trend is likely to continue as long as it doesn't retrace beyond the key Fibonacci golden ratio of 61.8%. This indicator automatically identifies the most significant swing high or low and plots a single, dynamic line representing the 61.8% retracement level of the current move. This line acts as a "line in the sand" for the prevailing trend. The background color also changes to provide an immediate visual cue of the current market direction. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The Power of the Golden Ratio (61.8%) The golden ratio (ϕ≈1.618) and its inverse (0.618, or 61.8%) are fundamental mathematical constants that appear throughout nature, art, and science, often representing harmony and structure. In financial markets, this ratio is a cornerstone of Fibonacci analysis and is considered one of the most critical levels for price retracements. Market movements are not linear; they progress in waves of impulse and correction. The 61.8% level often acts as the ultimate point of support or resistance. A trend that can hold this level demonstrates underlying strength and is likely to persist. A breach of this level, however, suggests a fundamental shift in market sentiment and a potential reversal. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ How to Use This Indicator This indicator is designed for clarity and ease of use. Identifying the Trend : The visual cues make the current trend instantly recognizable. A teal line with a teal background signifies a bullish trend. The line acts as dynamic support. A maroon line with a maroon background signifies a bearish trend. The line acts as dynamic resistance. Confirming Trend Persistence : As long as the price respects the plotted level, the trend is considered intact. In an uptrend, prices should remain above the teal line. The indicator will automatically adjust its anchor to new, higher lows, causing the support line to trail the price. In a downtrend, prices should remain below the maroon line. Spotting Trend Reversals : The primary signal is a trend reversal, which occurs when the price closes decisively beyond the plotted level. Potential Sell Signal : When the price closes below the teal support line, it indicates that buying pressure has failed, and the uptrend is likely over. Potential Buy Signal : When the price closes above the maroon resistance line, it indicates that selling pressure has subsided, and a new uptrend may be starting. Think of this tool as an intelligent, adaptive trailing stop that is based on market structure and the time-tested principles of Fibonacci analysis. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Input Parameters You can customize the indicator's sensitivity through the following inputs in the settings menu: Pivot Lookback Left : This number defines how many bars to the left of a candle must be lower (for a pivot high) or higher (for a pivot low) to identify a potential swing point. A higher value will result in fewer, but more significant, pivots being detected. Pivot Lookback Right : This defines the number of bars that must close to the right before a swing point is confirmed. This parameter prevents the indicator from repainting. A higher value increases confirmation strength but also adds a slight lag. Fibonacci Ratio : While the default is the golden ratio (0.618), you can adjust this to other key Fibonacci levels, such as 0.5 (50%) or 0.382 (38.2%), to test for different levels of trend persistence. Adjusting these parameters allows you to fine-tune the indicator for different assets, timeframes, and trading styles, from short-term scalping to long-term trend following.

Pine Script® indicator

by YetAnotherTA

Jul 12

Golden Pocket Syndicate [GPS]Golden Pocket Syndicate is a multi-layered market analysis toolkit built for precision entries and sniper-style reversals in both trending and ranging conditions. The script fuses volume dynamics, golden pocket structures, market maker behavior, and liquidation cluster tracking into one high-confluence system. Core Features: • 📐 Golden Pocket Zones: Dynamic GP levels from daily, weekly, monthly, and yearly timeframes. These levels update in real-time and serve as confluence zones for entries and exits. • 📊 WaveTrend Divergence Diamonds: Momentum shifts are detected using a custom filtered WaveTrend cross system to mark high-probability reversal conditions. • 🧠 Market Maker Premium Divergence: Tracks price dislocation between CME and Binance to detect large player manipulation using a configurable premium threshold. • 💎 MM Reversal Diamonds: Identifies potential market maker traps and large player pivots using historical candle behavior, EMA alignment, and price structure breaks. • 📉 Stealth Liquidation Cluster Arrows: Volume-based liquidation pressure visualized as lightweight directional arrows based on calculated wick expansion and volume bursts. Highlights key zones where price is likely to bounce or reject. • 🧭 Trend Validation: Uses volume-based trend conditions and short-term EMA positioning to further qualify signals and eliminate noise. How to Use: This indicator is designed to help traders visualize confluence between key institutional price levels, momentum shifts, and volume-based pressure points. Long/short opportunities can be explored at marked reversal diamonds or liquidation zones that align with key GP levels. Intended for use on higher timeframes (15m to 4H), though flexible across any pair or market.

Pine Script® indicator

by RickyTSpanish

Updated Jul 12

Smart Directional Fib Zone (Selectable Session)🎯 Overview This indicator plots a dynamic Fibonacci zone between the 0.5 and 0.618 levels , calculated from the previous day’s price action , and is designed specifically for intraday traders. It visually highlights key retracement or reaction areas where the market often pauses or reverses. 🔍 How it works At the start of each day, the script automatically captures: the previous day’s open (pdo), high (pdh), low (pdl), and close (pdc). It then determines if the previous day was bullish (Close > Open) or bearish (Close < Open). Based on that: If the previous day was bullish, it projects the Fibonacci levels down from the high (typical for expecting retracements). If bearish, it projects them up from the low. The two key levels are: 0.5 (50%) retracement / projection 0.618 (61.8%) retracement / projection A colored zone is plotted between these levels to act as a leading guide for intraday setups. ⏰ Time filtering & session customization A unique feature is the dynamic session filtering: By default, the zone is only plotted during active market hours, keeping your chart clean outside trading hours. The script provides a dropdown selector so you can quickly switch between: India session (9:15 to 15:30) Europe session (9:00 to 17:30) US session (9:30 to 16:00) Or even define your own custom session times. This makes it ideal for intraday traders in any region. 🎨 Visual features The fill zone changes color based on the previous day’s sentiment: Green zone if the previous day was bullish Red zone if the previous day was bearish 🚨 Alerts The script includes an alert condition, so you can easily set up TradingView alerts to notify you when: Price enters the Fibonacci zone. This is extremely helpful for catching retracements or reversals without staring at the screen all day. ⚙️ How to use ✅ Works on any intraday timeframe (1 min, 5 min, 15 min, etc.). ✅ Simply add it to your chart, pick your session in the dropdown, and watch the Fibonacci zone automatically adjust to your selected market hours. Use it as a confluence tool alongside other indicators like VWAP, EMAs, Bollinger Bands, or price action patterns to time entries and exits. 💪 Why this is powerful This is more than a simple Fib retracement tool: It dynamically adapts to the previous day’s sentiment, helping you trade in alignment with recent market psychology. The session filtering ensures your charts are focused only on the periods

Pine Script® indicator

by JS_Trading_Tradingmadesimple

Jul 7

IDKFA IDKFA - Advanced Order Blocks & Volume Profile with Market Structure Analysis Why IDKFA? Named after the legendary DOOM cheat code that gives players "all weapons and full ammo," IDKFA provides traders with a comprehensive arsenal of market analysis tools. Just as the cheat code arms players with everything needed for combat, this indicator equips traders with essential market structure tools: Order Blocks, Volume Profile, LVN/HVN areas, Fibonacci retracements, and intelligent buy/sell signals - all in one unified system. Core Features Order Blocks Detection Automatically identifies institutional order blocks using pivot high/low analysis Extends blocks dynamically until price interaction occurs Bullish blocks (demand zones) and bearish blocks (supply zones) Customizable opacity and extend functionality Advanced Volume Profile Real-time volume profile calculation for multiple session types Point of Control (POC), Value Area High (VAH), and Value Area Low (VAL) Mode 1: Side-by-side bull/bear volume display Mode 2: Overlapped volume display with percentage analysis Shows buying vs selling pressure at each price level LVN/HVN Area Detection Low Volume Nodes (LVN): Areas below VAL where price moves quickly High Volume Nodes (HVN): Areas above VAH with strong resistance NPOC (Naked Point of Control): Single print areas within Value Area Volume-based gradient coloring shows relative activity levels Smart Fibonacci Retracements Auto-detects trend direction for proper fibonacci orientation Dynamic color coding: Red levels in uptrends, Gold in downtrends Special 88.6% level turns lime green in downtrends Key levels: 23.6%, 38.2%, 50%, 61.8%, 65%, 78.6%, 88.6% Intelligent Signal System Works best on higher timeframes Identifies high-probability reversal setups at key levels Buy signals: Large bearish rejection followed by bullish reclaim Sell signals: Large bullish rejection followed by bearish breakdown Signals only trigger near significant support/resistance areas Signal Analysis & Usage Guidelines Buy Signal Mechanics The buy signal triggers when: Previous candle shows significant bearish movement (minimum ATR multiplier) Current candle reclaims a configurable percentage of the previous candle's range Price is near a key support level (order blocks, fibonacci, volume levels) Sell Signal Mechanics The sell signal triggers when: Previous candle shows significant bullish movement (minimum ATR multiplier) Current candle rejects below a configurable percentage of the previous candle's range Price is near a key resistance level (order blocks, fibonacci, volume levels) When to TAKE Signals High Probability Buy Signals: Signal appears AT or BELOW the VAL (Value Area Low) Signal occurs at bullish order block confluence Price is in LVN area below VAL (momentum acceleration zone) Signal aligns with fibonacci 61.8% or 78.6% support Multiple session POC levels provide support confluence Previous session's VAL acting as current support High Probability Sell Signals: Signal appears AT or ABOVE the VAH (Value Area High) Signal occurs at bearish order block confluence Price is in HVN area above VAH (heavy resistance zone) Signal aligns with fibonacci 61.8% or 78.6% resistance Multiple session POC levels provide resistance confluence Previous session's VAH acting as current resistance When to AVOID Signals Avoid Buy Signals When: Signal appears ABOVE the VAH (buying into resistance) Price is in HVN red zones (high volume resistance areas) No clear support structure below current price Volume profile shows heavy selling pressure (high bear percentages) Signal occurs during low-volume periods between major sessions Multiple bearish order blocks exist below current price Avoid Sell Signals When: Signal appears BELOW the VAL (selling into support) Price is in LVN green zones (momentum could continue) No clear resistance structure above current price Volume profile shows heavy buying pressure (high bull percentages) Signal occurs during Asian session ranges without clear direction Multiple bullish order blocks exist above current price Volume Profile Context for Signals Understanding Bull/Bear Percentages: 70%+ Bull dominance at a level = Strong support expected 70%+ Bear dominance at a level = Strong resistance expected 50/50 Split = Neutral zone, less predictable Use percentages to gauge conviction behind moves POC (Point of Control) Interactions: Signals above POC in uptrend = Higher probability Signals below POC in downtrend = Higher probability Signals against POC bias require extra confirmation POC often acts as magnetic level for price return Trading Strategies Strategy 1: VAL/VAH Bounce Strategy Wait for price to approach VAL (support) or VAH (resistance) Look for signal confirmation at these critical levels Enter with tight stops beyond the Value Area Target opposite boundary or next session's levels Strategy 2: Order Block + Volume Confluence Identify order block alignment with VAL/VAH Wait for signal within the confluence zone Enter on signal with stop beyond order block Use LVN areas as acceleration zones for targets Strategy 3: LVN/HVN Strategy LVN (Green) Areas: "Go Zones" - expect quick price movement through low volume HVN (Red) Areas: "Stop Zones" - expect resistance and potential reversals NPOC Areas: "Fill Zones" - price often returns to fill single print gaps Strategy 4: Multi-Session Analysis Use Daily/Weekly for major structure context Use 4H for intermediate levels Use 1H for precise entry timing Ensure all timeframes align before taking signals Strategy 5: Fibonacci + Volume Profile Buy signals at 61.8% or 78.6% fibonacci near VAL Sell signals at 61.8% or 78.6% fibonacci near VAH Use 88.6% level as final support/resistance before major moves 50% level often aligns with POC for confluence Signal Quality Assessment Grade A Signals (Highest Probability): Signal at VAL/VAH with order block confluence Fibonacci level alignment (61.8%, 78.6%) Volume profile shows 70%+ dominance in signal direction Multiple timeframe structure alignment Signal occurs during high-volume sessions (London/NY) Grade B Signals (Moderate Probability): Signal near POC with some confluence Fibonacci 50% or 38.2% alignment Mixed volume profile readings (50-70% dominance) Some timeframe alignment present Signal during overlap sessions Grade C Signals (Lower Probability): Signal with minimal confluence Weak fibonacci alignment or none Volume profile neutral or against signal Conflicting timeframe signals Signal during low-volume periods Risk Management Guidelines Position Sizing Based on Signal Quality: Grade A: Standard position size Grade B: Reduced position size (50-75%) Grade C: Minimal position size (25%) or skip entirely Stop Loss Placement: Beyond order block boundaries Outside Value Area (VAL/VAH) Below/above fibonacci confluence levels Account for session volatility ranges Profit Targets: First target: Opposite VAL/VAH boundary Second target: Next session's key levels Final target: Major order blocks or fibonacci extensions Credits & Attribution Original components derived from: Market Sessions & Volume Profile by © Leviathan (Mozilla Public License 2.0) Volume Profile elements inspired by @LonesomeTheBlue's volume profile script Pivot Order Blocks by TradingWolf / © MensaTrader (Mozilla Public License 2.0) Auto Fibonacci Retracement code (public domain) Significant enhancements and modifications include: Advanced LVN/HVN detection and visualization Bull/Bear percentage analysis for Mode 2/3 Comprehensive alert system with market context Integrated buy/sell signals at key levels Performance optimizations and extended session support Enhanced Mode 2/3 with percentage pressure analysis Important Disclaimers This indicator is a technical analysis tool designed for educational purposes. It does not provide financial advice, investment recommendations, or trading signals that guarantee profits. All trading involves substantial risk of loss, and past performance does not guarantee future results. Users should conduct their own research, understand the risks involved, and consider consulting with qualified financial advisors before making trading decisions. The signals and analysis provided are based on historical price patterns and volume data, which may not predict future market movements accurately. Best Practices Never trade signals blindly - always consider volume profile context Wait for confluence between multiple tools before entering Respect the Value Area - avoid buying above VAH or selling below VAL Use session context - Asian ranges vs London/NY breakouts Practice proper risk management - position size based on signal quality Understand the bigger picture - use multiple timeframes for context Remember: Like the IDKFA cheat code, having all the tools doesn't guarantee success. The key is learning to use them together effectively and understanding when NOT to take a signal is often more important than knowing when to take one.

Pine Script® indicator

Updated Jun 30

Session Range Projections Session Range Projections Purpose & Concept: Session Range Projections is a comprehensive trading tool that identifies and analyzes price ranges during user-defined time periods. The indicator visualizes high-probability reversal zones and profit targets by projecting Fibonacci levels from custom session ranges, making it ideal for traders who focus on time-based market structure analysis. Key Features & Calculations: 1. Custom Time Range Analysis - Define any time period for range calculation - from traditional sessions (Asian, London, NY) to custom periods like opening ranges, hourly ranges, or 4-hour blocks - Automatically captures the highest and lowest prices within your specified timeframe - Supports multiple timezone selections for global market analysis - Flexible enough for intraday scalping ranges or longer-term swing trading setups 2. Premium & Discount Zones - Automatically divides the range into premium (above 50%) and discount (below 50%) zones - Visual differentiation helps identify institutional buying and selling areas - Color-coded boxes clearly mark these critical price zones 3. Optimal Trade Entry (OTE) Zones - Highlights the 79-89% retracement zone in premium territory - Highlights the 11-21% retracement zone in discount territory - These zones represent high-probability reversal areas based on institutional order flow concepts 4. Fibonacci Projections - Projects 11 customizable Fibonacci extension levels from the range extremes - Levels extend both above and below the range for symmetrical analysis - Each level can be individually toggled and color-customized - Default levels include common retracement ratios: -0.5, -1.0, -2.0, -2.33, -2.5, -3.0, -4.0, -4.5, -6.0, -7.0, -8.0 How to Use: Set Your Time Range: Input your desired session start and end times (24-hour format) Select Timezone: Choose the appropriate timezone for your trading session Customize Display: Toggle various visual elements based on your preferences Monitor Price Action: Watch for reactions at projected levels and OTE zones Set Alerts: Configure sweep alerts for when price breaks above/below range extremes Input Parameters Explained: Time Range Settings Range Start/End Hour & Minute: Define your analysis period Time Zone: Ensure accurate session timing across different markets Visual Settings Range Box: Toggle the premium/discount zone visualization Horizontal Lines: Customize high/low line appearance Internal Range Levels: Show/hide equilibrium and OTE zones Labels: Configure text display for key levels Fibonacci Projections: Enable/disable extension levels Display Settings Historical Ranges: Show up to 10 previous session ranges Alert Type: Choose between high sweep, low sweep, or both Trading Applications: Session-Based Trading: Analyze specific market sessions (Asian, London, New York, opening ranges, hourly ranges) Reversal Trading: Identify high-probability reversal zones at OTE levels Breakout/Reversal Trading: Monitor range breaks/reversals with built-in sweep alerts Risk Management: Use Fibonacci projections as profit targets or rejection areas Multi-Timeframe Analysis: Apply to any timeframe for various trading styles Important Notes: This indicator is for educational purposes only and should not be considered financial advice Past performance does not guarantee future results Always use proper risk management when trading The indicator automatically manages historical data to maintain chart performance

Pine Script® indicator

by thraxxtrades

Updated Jun 29

Fibonacci Entry Bands [AlgoAlpha]OVERVIEW This script plots Fibonacci Entry Bands, a trend-following and mean-reversion hybrid system built around dynamic volatility-adjusted bands scaled using key Fibonacci levels. It calculates a smoothed basis line and overlays multiple bands at fixed Fibonacci multipliers of either ATR or standard deviation. Depending on the trend direction, specific upper or lower bands become active, offering a clear framework for entry timing, trend identification, and profit-taking zones. CONCEPTS The core idea is to use Fibonacci levels—0.618, 1.0, 1.618, and 2.618—as multipliers on a volatility measure to form layered price bands around a trend-following moving average. Trends are defined by whether the basis is rising or falling. The trend determines which side of the bands is emphasized: upper bands for downtrends, lower bands for uptrends. This approach captures both directional bias and extreme price extensions. Take-profit logic is built in via crossovers relative to the outermost bands, scaled by user-selected aggressiveness. FEATURES Basis Line – A double EMA smoothing of the source defines trend direction and acts as the central mean. Volatility Bands – Four levels per side (based on selected ATR or stdev) mark the Fibonacci bands. These become visible only when trend direction matches the side (e.g., only lower bands plot in an uptrend). Bar Coloring – Bars are shaded with adjustable transparency depending on distance from the basis, with color intensity helping gauge overextension. Entry Arrows – A trend shift triggers either a long or short signal, with a marker at the outermost band with ▲/▼ signs. Take-Profit Crosses – If price rejects near the outer band (based on aggressiveness setting), a cross appears marking potential profit-taking. Bounce Signals – Minor pullbacks that respect the basis line are marked with triangle arrows, hinting at continuation setups. Customization – Users can toggle bar coloring, signal markers, and select between ATR/stdev as well as take-profit aggressiveness. Alerts – All major signals, including entries, take-profits, and bounces, are available as alert conditions. USAGE To use this tool, load it on your chart, adjust the inputs for volatility method and aggressiveness, and wait for entries to form on trend changes. Use TP crosses and bounce arrows as potential exit or scale-in signals.

Pine Script® indicator

Jun 12

Daily Fibonacci Levels [Asa]This indicator plots dynamic daily Fibonacci levels based on the overnight session high and low, helping traders identify key price zones for potential reversals, breakouts, and pullbacks during the regular trading session. Key Features: Overnight Session High/Low Detection: Automatically captures the high and low between user-defined hours (default 16:00–09:30 EST). Day Session Levels: Fibonacci retracement and extension levels are calculated once the regular session begins (default 09:30–16:00 EST). Proximity Filter: Only plots levels that are within a customizable threshold of the current price to reduce chart clutter. Custom Styling: Choose from solid lines, crosses, or circles, and customize the line width for a personalized look. Mirrored Extensions: Includes both upside and downside Fibonacci extensions beyond the 100% level (up to 300%). Labels: Clearly marks the overnight high and low with labeled points at session start. Use Case: Ideal for intraday and swing traders who rely on overnight price action to map out key Fibonacci levels before and during the trading day. This tool helps quickly identify zones of confluence, potential resistance/support, and continuation levels. Customization Options: Session hours and timezone Line width and style Proximity threshold for level visibility

Pine Script® indicator

Jun 2

Smooth Fibonacci Bands Smooth Fibonacci Bands This indicator overlays adaptive Fibonacci bands on your chart, creating dynamic support and resistance zones based on price volatility. It combines a simple moving average with ATR-based Fibonacci levels to generate multiple bands that expand and contract with market conditions. ## Features - Creates three pairs of upper and lower Fibonacci bands - Smoothing option for cleaner, less noisy bands - Fully customizable colors and line thickness - Adapts automatically to changing market volatility ## Settings Adjust the SMA and ATR lengths to match your trading timeframe. For short-term trading, try lower values; for longer-term analysis, use higher values. The Fibonacci factors determine how far each band extends from the center line - standard Fibonacci ratios (1.618, 2.618, and 4.236) are provided as defaults. ## Trading Applications - Use band crossovers as potential entry and exit signals - Look for price bouncing off bands as reversal opportunities - Watch for price breaking through multiple bands as strong trend confirmation - Identify potential support/resistance zones for placing stop losses or take profits Fibonacci Bands combines the reliability of moving averages with the adaptability of ATR and the natural market harmony of Fibonacci ratios, offering a robust framework for both trend and range analysis.

Pine Script® indicator

by ShadowTraderBali

Updated May 18

Death Metal Fire & Ice A dynamic support/resistance system built from modified Fibonacci-based moving averages, designed to assist with structure identification in trending markets — particularly when price is moving into uncharted territory. 🧠 Core Logic Twelve Fibonacci-based moving averages are mathematically adjusted by the square root of a standard trading Fibonacci ratio to create projected zones above and around price. These dynamic levels are labeled L1 to L12 and automatically adjust with trend velocity and volatility. Faster levels (L1–L5) often serve as immediate reaction zones in volatile markets and provide ceilings for rising price action. Slower levels (L6–L12) tend to behave as longer-term structure — both above and below current price. These levels are dynamic, non-static, and provide forward-looking structure that adapts as markets move. Price tends to range between these levels until conditions change, which becomes visually apparent through the breaking of support/resistance. ⚙️ Features Smart Mode: Hides levels that are not relevant to current price proximity. Price action needs to get within 10% of the level for it to appear. If price action moves away from the level, there will be a cooldown period for the line to cease printing on the chart. Gradient Mode: Fills space between levels with a visual overlay to help visualize distance and potential volatility. Levels can be toggled on/off individually. 🧩 Use Case Designed for trending markets where traditional support/resistance is unavailable or unreliable. Applicable across all assets and timeframes — stocks, crypto, futures, etc.

Pine Script® indicator

Apr 25

Adaptive Support & Resistance Levels [StabTrading]The Adaptive S&R Levels indicator is designed to study support and resistance levels by synthesizing multiple well-known techniques for identifying these zones. It aims to provide traders with reliable price levels that reflect the collective perspective of market participants, using historical price action and projective techniques for extreme conditions. 💡 Introduction: Identified Problem Traders often draw support and resistance lines using varied methods, leading to inconsistencies in where these levels are placed on charts. This variability can reduce the effectiveness of individual levels, as price may not react strongly to zones that lack broad recognition. The Adaptive S&R Levels indicator addresses this by aggressively averaging multiple established techniques to create support and resistance lines that align with what most traders are likely to identify, increasing the probability of price reactions. 🚀 How it Works: Overview The indicator employs a multi-technique algorithm to generate support and resistance levels, ensuring they represent a consensus of trader perspectives. 🚀 How it Works: Chart Levels Display and Styling Support levels, displayed in green below the current price, and resistance levels, shown in red above the price, are plotted clearly on the chart. Levels are numbered sequentially (e.g., v1, v2) as they move further from the current price, providing a visual hierarchy of proximity. Extreme levels, labeled as "Extreme Support" or "Extreme Resistance," are plotted in a bolder color to distinguish them as the outermost boundaries, maintaining the same green (support) and red (resistance) color scheme for consistency. 🚀 How it Works: Historical Price Action Algorithm For areas with available historical data, the algorithm analyzes price action using a variety of recognized methods for drawing support and resistance, such as pivot points, swing highs/lows, and volume-based zones. It calculates a weighted average of these techniques to produce a “regression fit” line that reflects the accumulation of levels traders might draw. By prioritizing areas where multiple methods converge, the indicator identifies zones likely to be significant to a wide audience, enhancing their relevance. 🚀 How it Works: Projective Techniques Algorithm In scenarios without recent historical price action—such as all-time highs or lows—the indicator employs an alternative algorithm that combines projective techniques commonly used by traders. These include Fibonacci extensions, Measured Moves (price projections), Psychological Milestones (e.g., round numbers), Channel/Trendline Extrapolation, and Time-Based Targets (inspired by methods like Gann techniques). The algorithm seeks a confluence of these methods to draw support and resistance levels that align with what most traders would consider significant in such conditions. These levels maintain the same green (support) and red (resistance) color scheme, with numbering based on their distance from the price. 🚀 How it Works: Noise Parameter Adjustment Users can adjust a noise parameter to control the number of displayed levels. Lower settings show more lines, reflecting a broader range of potential zones but with less confluence. Higher settings increase the required confluence of techniques, resulting in fewer lines that have a higher probability of eliciting a price reaction. This customization allows traders to tailor the indicator to their preferred timeframe or trading style. 🔥 Features Confluence-Based Levels: Support and resistance lines are derived from a weighted average of multiple techniques, aiming to mirror the levels most traders would recognize. Extreme Levels: Generates support and resistance in areas without historical price action, using techniques like Fibonacci extensions and Measured Moves. Color-Coded Display: Green support levels appear below the current price, and red resistance levels appear above, with extreme levels in a bolder shade for distinction. Adjustable Noise Parameter: Users can modify the confluence threshold to display more lines (lower settings) or fewer, higher-probability lines (higher settings). 📈 Implementing the System 1. Adjust Settings Set the noise parameter based on your trading style (0.1 to 10). Use lower values for more frequent levels, suitable for scalping or short-term analysis. Use higher values for fewer, higher-confluence levels, ideal for swing trading or longer-term strategies. Adjust for your timeframe: Settings tend to be lower on shorter timeframes and higher on longer timeframes. 2. Identify Levels Monitor green support levels below the price for potential buying zones, noting their numbered proximity (v1, v2, etc.). Observe red resistance levels above the price for potential selling or shorting zones, noting their numbered proximity. Note extreme levels (labeled "Extreme Support" or "Extreme Resistance") in areas like all-time highs, which may act as key reversal points. 3. Evaluate Price Reactions Track how price interacts with the plotted levels to assess their effectiveness, considering their proximity to price. Observe performance in bullish, bearish, or ranging markets to understand the indicator’s behavior at different levels. Test different noise parameter settings across various assets and timeframes to find the optimal balance for your approach. 4. Layering Trades with Levels Use the numbered levels to layer into a trade: for example, enter a partial position at a closer support level (e.g., v1) and add to it at a further level (e.g., v2) if price continues to decline, spreading risk across multiple zones. Layer out of a trade by taking partial profits at each resistance level as price rises (e.g., reduce position at v1, then v2), or fully exit at an "Extreme Resistance" level to maximize gains while managing exposure. 🔶 Conclusion The Adaptive S&R Levels indicator provides a framework for studying support and resistance by averaging multiple trader-recognized techniques. With its ability to handle both historical and extreme price scenarios, numbered levels for visual hierarchy, and customizable noise settings, it offers a versatile tool for analyzing key price levels. Designed for educational use, it encourages traders to test and observe how these consensus-driven levels align with market behavior within broader analysis.

Pine Script® indicator

Apr 21

GIGANEVA V6.61 Public This enhanced Fibonacci script for TradingView is a powerful, all-in-one tool that calculates Fibonacci Levels, Fans, Time Pivots, and Golden Pivots on both logarithmic and linear scales. Its ability to compute time pivots via fan intersections and Range interactions, combined with user-friendly features like Bool Fib Right, sets it apart. The script maximizes TradingView’s plotting capabilities, making it a unique and versatile tool for technical analysis across various markets. 1. Overview of the Script The script appears to be a custom technical analysis tool built for TradingView, improving upon an existing script from TradingView’s Community Scripts. It calculates and plots: Fibonacci Levels: Standard retracement levels (e.g., 0.236, 0.382, 0.5, 0.618, etc.) based on a user-defined price range. Fibonacci Fans: Trendlines drawn from a high or low point, radiating at Fibonacci ratios to project potential support/resistance zones. Time Pivots: Points in time where significant price action is expected, determined by the intersection of Fibonacci Fans or their interaction with key price levels. Golden Pivots: Specific time pivots calculated when the 0.5 Fibonacci Fan (on a logarithmic or linear scale) intersects with its counterpart. The script supports both logarithmic and linear price scales, ensuring versatility across different charting preferences. It also includes a feature to extend Fibonacci Fans to the right, regardless of whether the user selects the top or bottom of the range first. 2. Key Components Explained a) Fibonacci Levels and Fans from Top and Bottom of the "Range" Fibonacci Levels: These are horizontal lines plotted at standard Fibonacci retracement ratios (e.g., 0.236, 0.382, 0.5, 0.618, etc.) based on a user-defined price range (the "Range"). The Range is typically the distance between a significant high (top) and low (bottom) on the chart. Example: If the high is $100 and the low is $50, the 0.618 retracement level would be at $80.90 ($50 + 0.618 × $50). Fibonacci Fans: These are diagonal lines drawn from either the top or bottom of the Range, radiating at Fibonacci ratios (e.g., 0.382, 0.5, 0.618). They project potential dynamic support or resistance zones as price evolves over time. From Top: Fans drawn downward from the high of the Range. From Bottom: Fans drawn upward from the low of the Range. Log and Linear Scale: Logarithmic Scale: Adjusts price intervals to account for percentage changes, which is useful for assets with large price ranges (e.g., cryptocurrencies or stocks with exponential growth). Fibonacci calculations on a log scale ensure ratios are proportional to percentage moves. Linear Scale: Uses absolute price differences, suitable for assets with smaller, more stable price ranges. The script’s ability to plot on both scales makes it adaptable to different markets and user preferences. b) Time Pivots Time pivots are points in time where significant price action (e.g., reversals, breakouts) is anticipated. The script calculates these in two ways: Fans Crossing Each Other: When two Fibonacci Fans (e.g., one from the top and one from the bottom) intersect, their crossing point represents a potential time pivot. This is because the intersection indicates a convergence of dynamic support/resistance zones, increasing the likelihood of a price reaction. Example: A 0.618 fan from the top crosses a 0.382 fan from the bottom at a specific bar on the chart, marking that bar as a time pivot. Fans Crossing Top and Bottom of the Range: A fan line (e.g., 0.5 fan from the bottom) may intersect the top or bottom price level of the Range at a specific time. This intersection highlights a moment where the fan’s projected support/resistance aligns with a key price level, signaling a potential pivot. Example: The 0.618 fan from the bottom reaches the top of the Range ($100) at bar 50, marking bar 50 as a time pivot. c) Golden Pivots Definition: Golden pivots are a special type of time pivot calculated when the 0.5 Fibonacci Fan on one scale (logarithmic or linear) intersects with the 0.5 fan on the opposite scale (or vice versa). Significance: The 0.5 level is the midpoint of the Fibonacci sequence and often acts as a critical balance point in price action. When fans at this level cross, it suggests a high-probability moment for a price reversal or significant move. Example: If the 0.5 fan on a logarithmic scale (drawn from the bottom) crosses the 0.5 fan on a linear scale (drawn from the top) at bar 100, this intersection is labeled a "Golden Pivot" due to its confluence of key Fibonacci levels. d) Bool Fib Right This is a user-configurable setting (a boolean input in the script) that extends Fibonacci Fans to the right side of the chart. Functionality: When enabled, the fans project forward in time, regardless of whether the user selected the top or bottom of the Range first. This ensures consistency in visualization, as the direction of the Range selection (top-to-bottom or bottom-to-top) does not affect the fan’s extension. Use Case: Traders can use this to project future support/resistance zones without worrying about how they defined the Range, improving usability. 3. Why Is This Code Unique? Original calculation of Log levels were taken from zekicanozkanli code. Thank you for giving me great Foundation, later modified and applied to Fib fans. The script’s uniqueness stems from its comprehensive integration of Fibonacci-based tools and its optimization for TradingView’s plotting capabilities. Here’s a detailed breakdown: All-in-One Fibonacci Tool: Most Fibonacci scripts on TradingView focus on either retracement levels, extensions, or fans. This script combines: Fibonacci Levels: Static horizontal lines for retracement and extension. Fibonacci Fans: Dynamic trendlines for projecting support/resistance. Time Pivots: Temporal analysis based on fan intersections and Range interactions. Golden Pivots: Specialized pivots based on 0.5 fan confluences. By integrating these functions, the script provides a holistic Fibonacci analysis tool, reducing the need for multiple scripts. Log and Linear Scale Support: Many Fibonacci tools are designed for linear scales only, which can distort projections for assets with exponential price movements. By supporting both logarithmic and linear scales, the script caters to a wider range of markets (e.g., stocks, forex, crypto) and user preferences. Time Pivot Calculations: Calculating time pivots based on fan intersections and Range interactions is a novel feature. Most TradingView scripts focus on price-based Fibonacci levels, not temporal analysis. This adds a predictive element, helping traders anticipate when significant price action might occur. Golden Pivot Innovation: The concept of "Golden Pivots" (0.5 fan intersections across scales) is a unique addition. It leverages the symmetry of the 0.5 level and the differences between log and linear scales to identify high-probability pivot points. Maximized Plot Capabilities: TradingView imposes limits on the number of plots (lines, labels, etc.) a script can render. This script is coded to fully utilize these limits, ensuring that all Fibonacci levels, fans, pivots, and labels are plotted without exceeding TradingView’s constraints. This optimization likely involves efficient use of arrays, loops, and conditional plotting to manage resources while delivering a rich visual output. User-Friendly Features: The Bool Fib Right option simplifies fan projection, making the tool intuitive even for users who may not consistently select the Range in the same order. The script’s flexibility in handling top/bottom Range selection enhances usability. 4. Potential Use Cases Trend Analysis: Traders can use Fibonacci Fans to identify dynamic support/resistance zones in trending markets. Reversal Trading: Time pivots and Golden Pivots help pinpoint moments for potential price reversals. Range Trading: Fibonacci Levels provide key price zones for trading within a defined range. Cross-Market Application: Log/linear scale support makes the script suitable for stocks, forex, commodities, and cryptocurrencies. The original code was from zekicanozkanli . Thank you for giving me great Foundation.

Pine Script® indicator

by AutomatedTradingAlgorithms

Apr 19

Autofib Extensions | DTD Hello trader comuunity! I'm introducing another script that is part of my main day-trading strategy. We all know regardless of what strategy we use, we need to know what levels offer the least amount of risk to our trade entry and a great tool to anticipate how far a move might go or what level a move may retrace to are the Fibonacci Retracement and Extensions. This indicator combines both together, but with a twist. The main elements of the script are: 1. Multiple Session High and Lows | Developing my first script led me to understand that measuring key times during each session provides understanding of the market's continuity. I have provided 3 "sessions' a user can define according to CST time where the script saves the high and low of that session window to produce the retracement and extensions from those plots. Currently, the levels are always plotted from low to high (with the 0 mark being the high) and negative values provided so the levels are consistent. You can toggle each session on or off. 2. Coloring Key Retracements / Extensions | I use a dark background for my charts so the default colors help me distinguish from other another indicator I use. Feel free to adjust the colors to your preference. I consider 3 different colors because of their significance. Retracements that you want to see continue fall back into the .50 to .618 level (this I consider the "Golden Zone"). While basic Elliott Wave Theory states a wave is completed near the 1.618 level (this I consider "Major Extensions"). Everything isn't noise, but minor levels in a larger sequence. ______________ Script Limitations All of my scripts are made with the help of ChatGPT so there are going to be limitations. One current one that I have made progress on, but not fully is when you are viewing a timeframe where the candle doesn't start when a session window starts. On smaller timeframes like the 7-minute this is not an issue. However, on the hourly, if your session window starts at the half hour which the 3rd session default window does, the lines will not produce. I will hopefully have this rectified in the near future. I will open the script since none of this work is original in nature and I would love to see how others can create a better product. Also, this is mainly a futures trading tool. If you are using this on stocks you will find it not as useful if the session window is too wide since the script waits until the session window closes to calculate the extension values. Cheers, DTD

Pine Script® indicator

by daytradederic

Updated May 9

GoldenPocket & CRT Indicator With this script, you will be able to see Golden Pocket Fibonacci Levels and Candle Range Theory Highs, Lows and EQs. You can set lookback bar numbers to define Fibonacci highs and lows. You can set CRT High Time-frame. Simple and effective script. Please let me know if you have any comments and support me if you like it.

Pine Script® indicator

by earlybirdsignals

Updated Jul 15

Fibonacci Sequence Numbers The "Fibonacci Sequence Numbers" indicator overlays horizontal lines on a trading chart based on Fibonacci sequence values (0, 34, 55, 89, 144, 233, 377, 610) relative to a user-defined reference price and time. Users can specify the direction ("Above," "Below," or "Both") to plot these levels above and/or below the reference price, with customizable line length, width, and colors for each level (e.g., red for Level 0, blue for 34). A vertical dashed line marks the reference time, while horizontal lines extend rightward, accompanied by labeled annotations shifted slightly left for clear view.

Pine Script® indicator

Mar 31

Fibonacci - DolphinTradeBot OVERVIEW The 'Fibonacci - DolphinTradeBot' indicator is a Pine Script-based tool for TradingView that dynamically identifies key Fibonacci retracement levels using ZigZag price movements. It aims to replicate the Fibonacci Retracement tool available in TradingView’s drawing tools. The indicator calculates Fibonacci levels based on directional price changes, marking critical retracement zones such as 0, 0.236, 0.382, 0.5, 0.618, 0.786, and 1.0 on the chart. These levels are visualized with lines and labels, providing traders with precise areas of potential price reversals or trend continuation. HOW IT WORKS ? The indicator follows a zigzag formation. After a large swing movement, when new swings are formed without breaking the upper and lower levels, it places Fibonacci levels at the beginning and end points of the major swing movement." ▪️(Bullish) Structure :High → HigherLow → LowerHigh ▪️(Bearish) Structure :Low → LowerHigh → HigherLow ▪️When Fibonacci retracement levels are determined, a "📌" mark appears on the chart. ▪️If the price closes outside of these levels, a "❌" mark will appear. USAGE This indicator is designed to plot Fibonacci levels within an accumulation zone following significant price movements, helping you identify potential support and resistance. You can adjust the pivot periods to customize the zigzag settings to your preference. While classic Fibonacci levels are used by default, you also have the option to input custom levels and assign your preferred colors. Set the Fibonacci direction option to "upward" to detect only bullish structures, "downward" to detect only bearish structures, and "both" to see both at the same time. "To view past levels, simply enable the ' Show Previous Levels ' option, and to display the zigzag lines, activate the ' Show Zigzag ' setting." ALERTS The indicator, by default, triggers an alarm when both a level is formed and when a level is broken. However, if you'd like, you can select the desired level from the " Select Level " section in the indicator settings and set the alarm based on one of the conditions below. ▪️ cross-up → If the price breaks the Fibonacci level to the upside. ▪️ cross-down → If the price breaks the Fibonacci level to the downside. ▪️ cross-any → If the price breaks the Fibonacci level in any direction.

Pine Script® indicator

by DolphinTradeBot

Mar 18

Adaptive Fibonacci Volatility Bands (AFVB) **Adaptive Fibonacci Volatility Bands (AFVB)** ### **Overview** The **Adaptive Fibonacci Volatility Bands (AFVB)** indicator enhances standard **Fibonacci retracement levels** by dynamically adjusting them based on market **volatility**. By incorporating **ATR (Average True Range) adjustments**, this indicator refines key **support and resistance zones**, helping traders identify **more reliable entry and exit points**. **Key Features:** - **ATR-based adaptive Fibonacci levels** that adjust to changing market volatility. - **Buy and Sell signals** based on price interactions with dynamic support/resistance. - **Toggleable confirmation filter** for refining trade signals. - **Customizable color schemes** and alerts. --- ## **How This Indicator Works** The **AFVB** operates in three main steps: ### **1️⃣ Detecting Key Fibonacci Levels** The script calculates **swing highs and swing lows** using a user-defined lookback period. From this, it derives **Fibonacci retracement levels**: - **0% (High)** - **23.6%** - **38.2%** - **50% (Mid-Level)** - **61.8%** - **78.6%** - **100% (Low)** ### **2️⃣ Adjusting for Market Volatility** Instead of using **fixed retracement levels**, this indicator incorporates an **ATR-based adjustment**: - **Resistance levels** shift **upward** based on ATR. - **Support levels** shift **downward** based on ATR. - This makes levels more **responsive** to price action. ### **3️⃣ Generating Buy & Sell Signals** AFVB provides **two types of signals** based on price interactions with key levels: ✔ **Buy Signal**: Occurs when price **dips below** a support level (78.6% or 100%) and **then closes back above it**. - **Optionally**, a confirmation buffer can be enabled to require price to close **above an additional threshold** (based on ATR). ✔ **Sell Signal**: Triggered when price **breaks above a resistance level** (0% or 23.6%) and **then closes below it**. 📌 **Important:** - The **buy threshold setting** allows traders to **fine-tune** entry conditions. - Turning this setting **off** generates **more frequent** buy signals. - Keeping it **on** reduces false signals but may result in **fewer trade opportunities**. --- ## **How to Use This Indicator in Trading** ### 🔹 **Entry Strategy (Buying)** 1️⃣ Look for **buy signals** at the **78.6% or 100% Fibonacci levels**. 2️⃣ Ensure price **closes above** the support level before entering a long trade. 3️⃣ **Enable or disable** the buy threshold filter depending on desired trade strictness. ### 🔹 **Exit Strategy (Selling)** 1️⃣ Watch for **sell signals** at the **0% or 23.6% Fibonacci levels**. 2️⃣ If price **breaks above resistance and then closes below**, consider exiting long positions. 3️⃣ Can be used **alone** or **combined with trend confirmation tools** (e.g., moving averages, RSI). ### 🔹 **Using the Toggleable Buy Threshold** - **ON**: Buy signal requires **extra confirmation** (reduces false signals but fewer trades). - **OFF**: Buy triggers as soon as price **closes back above support** (more signals, but may include weaker setups). --- ## **User Inputs** ### **🔧 Customization Options** - **ATR Length**: Defines the period for **ATR calculation**. - **Swing Lookback**: Determines how far back to find **swing highs and lows**. - **ATR Multiplier**: Adjusts the size of **volatility-based modifications**. - **Buy/Sell Threshold Factor**: Fine-tunes the **entry signal strictness**. - **Show Level Labels**: Enables/disables **Fibonacci level annotations**. - **Color Settings**: Customize **support/resistance colors**. ### **📢 Alerts** AFVB includes built-in **alert conditions** for: - **Buy Signals** ("AFVB BUY SIGNAL - Possible reversal at support") - **Sell Signals** ("AFVB SELL SIGNAL - Possible reversal at resistance") - **Any Signal Triggered** (Useful for automated alerts) --- ## **Who Is This Indicator For?** ✅ **Scalpers & Day Traders** – Helps identify **short-term reversals**. ✅ **Swing Traders** – Useful for **buying dips** and **selling rallies**. ✅ **Trend Traders** – Can be combined with **momentum indicators** for confirmation. **Best Timeframes:** ⏳ **15-minute, 1-hour, 4-hour, Daily charts** (works across multiple assets). --- ## **Limitations & Considerations** 🚨 **Important Notes**: - **No indicator guarantees profits**. Always **combine** it with **risk management strategies**. - Works best **in trending & mean-reverting markets**—may generate false signals in **choppy conditions**. - Performance may vary across **different assets & timeframes**. 📢 **Backtesting is recommended** before using it for live trading.

Pine Script® indicator

Mar 14

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.

Pine Script® indicator

by tarekshaker1690

Updated Apr 30

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Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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