INVITE-ONLY SCRIPT
Fib Confluence
The "Fib Confluence" indicator (short title: FibConfLux) helps traders identify key market structures, Fibonacci retracement levels, swing levels, and engulfing patterns on any chart. Built on LuxAlgo’s foundational code, this enhanced tool highlights bullish and bearish CHoCH (Change of Character) structures, plots Fibonacci levels (e.g., 0.382, 0.618, 0.786), marks swing highs/lows, and detects engulfing candle patterns, providing confluence for trade setups.
Key Features
Market Structures (CHoCH):
Detects bullish (green) and bearish (red) CHoCH structures using ICT (Inner Circle Trader) principles, with customizable line styles (solid, dashed, dotted) and width.
Optionally highlights areas of interest around CHoCH zones with shaded boxes (default: enabled).
Fibonacci Retracement Levels:
Automatically plots Fibonacci levels (0, 0.236, 0.382, 0.5, 0.618, 0.65, 0.786, 1) between significant swing points, with toggleable visibility for each level.
Useful for identifying potential support/resistance zones during retracements.
Swing Levels:
Marks swing highs/lows with symbols (e.g., ◉, △▽, H/L) and customizable sizes (default: disabled).
Helps traders identify key pivot points for trend analysis.
Engulfing Patterns:
Detects bullish (▲) and bearish (▼) engulfing candles, either standalone or structure-based (default: structure-based), with adjustable symbol sizes.
Includes tooltips explaining each pattern’s significance for reversals.
Performance Optimization: Limits visuals to 500 labels, boxes, and lines for smooth performance on TradingView.
Perfect For
Swing and trend traders looking for confluence between market structures, Fibonacci levels, and candle patterns.
Traders using ICT methodologies to identify CHoCH and key reversal zones.
Those seeking to visualize swing levels and engulfing patterns on any asset or timeframe
Credit for Inspiration
This indicator is based on code originally developed by LuxAlgo, which provided the foundation for market structure detection and Fibonacci plotting. We’ve enhanced it by adding swing level visualization, structure-based engulfing patterns, and customizable visuals, ensuring significant improvements over the original framework.
Justification for Invite-Only Status
This indicator is offered as an Invite-Only script under PineAlpha Premium due to its optimized visualization and ongoing support (e.g., monthly access code updates, Discord assistance), justifying its paid access.
Key Features
Market Structures (CHoCH):
Detects bullish (green) and bearish (red) CHoCH structures using ICT (Inner Circle Trader) principles, with customizable line styles (solid, dashed, dotted) and width.
Optionally highlights areas of interest around CHoCH zones with shaded boxes (default: enabled).
Fibonacci Retracement Levels:
Automatically plots Fibonacci levels (0, 0.236, 0.382, 0.5, 0.618, 0.65, 0.786, 1) between significant swing points, with toggleable visibility for each level.
Useful for identifying potential support/resistance zones during retracements.
Swing Levels:
Marks swing highs/lows with symbols (e.g., ◉, △▽, H/L) and customizable sizes (default: disabled).
Helps traders identify key pivot points for trend analysis.
Engulfing Patterns:
Detects bullish (▲) and bearish (▼) engulfing candles, either standalone or structure-based (default: structure-based), with adjustable symbol sizes.
Includes tooltips explaining each pattern’s significance for reversals.
Performance Optimization: Limits visuals to 500 labels, boxes, and lines for smooth performance on TradingView.
Perfect For
Swing and trend traders looking for confluence between market structures, Fibonacci levels, and candle patterns.
Traders using ICT methodologies to identify CHoCH and key reversal zones.
Those seeking to visualize swing levels and engulfing patterns on any asset or timeframe
Credit for Inspiration
This indicator is based on code originally developed by LuxAlgo, which provided the foundation for market structure detection and Fibonacci plotting. We’ve enhanced it by adding swing level visualization, structure-based engulfing patterns, and customizable visuals, ensuring significant improvements over the original framework.
Justification for Invite-Only Status
This indicator is offered as an Invite-Only script under PineAlpha Premium due to its optimized visualization and ongoing support (e.g., monthly access code updates, Discord assistance), justifying its paid access.
僅限邀請腳本
只有經作者授權的使用者才能訪問此腳本，且通常需付費。您可以將此腳本加入收藏，但需先向作者申請並獲得許可後才能使用 — 點擊此處了解更多。如需更多詳情，請依照作者說明或直接聯繫PineAlpha。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Toggle bullish/bearish CHoCH, Fibonacci levels, swing symbols, engulfing patterns in settings.
Use CHoCH zones, Fib levels, and patterns for trade setups.
Adjust visuals (colors, sizes) as needed
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
僅限邀請腳本
只有經作者授權的使用者才能訪問此腳本，且通常需付費。您可以將此腳本加入收藏，但需先向作者申請並獲得許可後才能使用 — 點擊此處了解更多。如需更多詳情，請依照作者說明或直接聯繫PineAlpha。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Toggle bullish/bearish CHoCH, Fibonacci levels, swing symbols, engulfing patterns in settings.
Use CHoCH zones, Fib levels, and patterns for trade setups.
Adjust visuals (colors, sizes) as needed
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。