OPEN-SOURCE SCRIPT
Magracia Entry-Exit 5 Min Time frame

//------------------------------------------------------------------------------------------------------
// 🧭 Indicator Description
//------------------------------------------------------------------------------------------------------
// 📘 Overview:
// This indicator is a modified version of the LuxAlgo pattern logic designed to detect
// high-probability **RBD (Rally–Base–Drop)** and **DBR (Drop–Base–Rally)** reversal structures
// directly on the current candle. It automatically identifies potential BUY and SELL zones,
// plots corresponding trade signals, and dynamically calculates **Take Profit (TP)** and **Stop Loss (SL)** levels.
//
// The goal of this tool is to give clear, visually guided trade entries and exits that
// follow price structure and momentum changes without repainting historical data.
//
//------------------------------------------------------------------------------------------------------
// 🧩 How It Works:
// • **RBD (Rally–Base–Drop)** → Indicates a bearish reversal (SELL signal)
// • **DBR (Drop–Base–Rally)** → Indicates a bullish reversal (BUY signal)
// • Optional **RBR / DBD** continuation patterns can be toggled on for trend continuation setups.
// • When a signal is detected, the script automatically places:
// ▫ A BUY or SELL marker at the candle
// ▫ Dynamic TP (green dotted line) and SL (red dotted line) levels
// ▫ An EXIT marker when either TP or SL is reached
//
//------------------------------------------------------------------------------------------------------
// ⚙️ Inputs:
// • Enable or disable individual pattern types (RBD, RBR, DBD, DBR)
// • Toggle continuation patterns (RBR/DBD)
// • Customize Take Profit and Stop Loss percentages
// • Adjust rally/drop bar colors for easier pattern visualization
//
//------------------------------------------------------------------------------------------------------
// 🧠 Usage Tips:
// • Works best on volatile pairs and short–term timeframes (1m to 15m)
// • Can be combined with volume or trend filters for stronger confirmation
// • When used on higher timeframes (e.g., 4H+), increase TP/SL percentage range
//
//------------------------------------------------------------------------------------------------------
// ⚠️ Notes:
// • Signals are plotted **in real-time on the current candle** (not delayed).
// • This indicator is for visual and educational use only and does not guarantee profitability.
// • For optimal results, combine it with proper risk management and confirmation indicators.
//
//------------------------------------------------------------------------------------------------------
// © Gideon (CC BY-NC-SA 4.0 Licensed)
//------------------------------------------------------------------------------------------------------
// 🧭 Indicator Description
//------------------------------------------------------------------------------------------------------
// 📘 Overview:
// This indicator is a modified version of the LuxAlgo pattern logic designed to detect
// high-probability **RBD (Rally–Base–Drop)** and **DBR (Drop–Base–Rally)** reversal structures
// directly on the current candle. It automatically identifies potential BUY and SELL zones,
// plots corresponding trade signals, and dynamically calculates **Take Profit (TP)** and **Stop Loss (SL)** levels.
//
// The goal of this tool is to give clear, visually guided trade entries and exits that
// follow price structure and momentum changes without repainting historical data.
//
//------------------------------------------------------------------------------------------------------
// 🧩 How It Works:
// • **RBD (Rally–Base–Drop)** → Indicates a bearish reversal (SELL signal)
// • **DBR (Drop–Base–Rally)** → Indicates a bullish reversal (BUY signal)
// • Optional **RBR / DBD** continuation patterns can be toggled on for trend continuation setups.
// • When a signal is detected, the script automatically places:
// ▫ A BUY or SELL marker at the candle
// ▫ Dynamic TP (green dotted line) and SL (red dotted line) levels
// ▫ An EXIT marker when either TP or SL is reached
//
//------------------------------------------------------------------------------------------------------
// ⚙️ Inputs:
// • Enable or disable individual pattern types (RBD, RBR, DBD, DBR)
// • Toggle continuation patterns (RBR/DBD)
// • Customize Take Profit and Stop Loss percentages
// • Adjust rally/drop bar colors for easier pattern visualization
//
//------------------------------------------------------------------------------------------------------
// 🧠 Usage Tips:
// • Works best on volatile pairs and short–term timeframes (1m to 15m)
// • Can be combined with volume or trend filters for stronger confirmation
// • When used on higher timeframes (e.g., 4H+), increase TP/SL percentage range
//
//------------------------------------------------------------------------------------------------------
// ⚠️ Notes:
// • Signals are plotted **in real-time on the current candle** (not delayed).
// • This indicator is for visual and educational use only and does not guarantee profitability.
// • For optimal results, combine it with proper risk management and confirmation indicators.
//
//------------------------------------------------------------------------------------------------------
// © Gideon (CC BY-NC-SA 4.0 Licensed)
//------------------------------------------------------------------------------------------------------
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開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
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。