INVITE-ONLY SCRIPT
BskLAB - Price Target
🧠 BskLAB – Price Target™ | Structure-Based Fibonacci Extension Mapping Tool
BskLAB – Price Target™ is a structural analysis tool designed to automate the plotting of Fibonacci extension zones based on real-time shifts in market structure. Using a custom midpoint-based projection method, this indicator helps traders visualize potential target zones without relying on manual drawing or subjective analysis.
It is built to work seamlessly with the BskLAB suite of tools, acting as the zone-defining layer within a broader confluence-based trading workflow.
🔍 Concept & Logic Overview
Unlike traditional Fibonacci tools that require manual high-low selection, this indicator uses an automated projection system tied directly to price structure shifts, such as Break of Structure (BoS) and Change of Character (CHoCH).
Core Workflow:
1.Structure Detection
Automatically identifies BoS and CHoCH patterns based on recent price action, marking significant directional shifts.
2.Swing Point Identification
Once a shift is detected, the indicator finds the nearest swing high and swing low surrounding the event.
3.Midpoint Calculation (Custom Logic)
Instead of projecting from full range, the system calculates a 50% midpoint between swing points. This serves as an anchor for cleaner, more balanced projections.
4.Extension Projection
From the midpoint, the script draws Fibonacci extensions (e.g., 1.2, 1.7, 2.8, 3.5) in the direction of the structure break.
5.Zone Mapping
These levels are displayed as shaded zones — which can serve as areas of interest for potential reactions, target regions, or contextual zones for further analysis.
6.Chart Customization Options
Users can toggle price labels, show/hide BoS or CHoCH selectively, and adjust display settings to maintain chart clarity.
⚠ Fibonacci levels are used here as visual structure-based zones, not fixed price targets or predictive tools. They are intended to support discretionary decision-making.
🧠 Integration in a Structured Workflow
While Price Target™ defines key areas, it is not designed to provide trade signals on its own. For optimal use, it works best when paired with confirmation tools from the BskLAB ecosystem.
Suggested Workflow Example:
Step 1: Observe when price reaches or enters a target extension zone
Step 2: Check for confirmation via momentum or structure (e.g., with Signal Assistant™)
Step 3: Validate volume behavior (e.g., with Money Flow X™)
Step 4: If confluence is present, define entry, stop-loss (outside the zone), and TP (based on structure or zone progression)
This multi-layered approach supports higher-quality discretionary analysis without relying solely on any one signal.
⚙️ Core Features Summary
• ✅ Automated BoS and CHoCH detection
• ✅ Custom midpoint-based Fibonacci projection logic
• ✅ Adjustable zone visibility and label toggles
• ✅ Clean layout designed for integration with other BskLAB tools
• ✅ Extension levels that scale with market structure and volatility
🔗 Intended Use Cases
Price Target™ is best used as a zone definition tool — helping traders highlight areas where price may react based on structural shifts. When combined with:
Signal Assistant™ for structure- and trend-based entry logic
Money Flow X™ for volume and momentum confirmation
…the tools together form a three-step confirmation system:
Zone ➜ Signal ➜ Volume
This layered system supports cleaner entries and greater contextual confidence for discretionary traders.
📍 RISK DISCLAIMER
Trading involves significant risk and is not suitable for everyone. All tools, scripts, and educational materials provided by BSKLab are for informational and educational purposes only. We do not offer financial advice.
Past performance does not guarantee future results. Always trade responsibly.
📍 CONCLUSION
At BSKLab, we believe consistent trading success doesn’t come from indicators alone — it comes from the trader’s ability to apply tools with context, discipline, and awareness. Indicators are only as powerful as the hands that use them.
The BSKLab Signal System isn’t designed to provide “magic signals,” but to empower traders with an adaptive, structured, and intelligent approach to identifying real opportunities while filtering out the noise.
Whether you’re a beginner or an experienced trader, our tools are designed to support real-world decisions — not just theory.
➡️ Request access below to join the BSKLab system and unlock the full suite of smart trading tools.
BskLAB – Price Target™ is a structural analysis tool designed to automate the plotting of Fibonacci extension zones based on real-time shifts in market structure. Using a custom midpoint-based projection method, this indicator helps traders visualize potential target zones without relying on manual drawing or subjective analysis.
It is built to work seamlessly with the BskLAB suite of tools, acting as the zone-defining layer within a broader confluence-based trading workflow.
🔍 Concept & Logic Overview
Unlike traditional Fibonacci tools that require manual high-low selection, this indicator uses an automated projection system tied directly to price structure shifts, such as Break of Structure (BoS) and Change of Character (CHoCH).
Core Workflow:
1.Structure Detection
Automatically identifies BoS and CHoCH patterns based on recent price action, marking significant directional shifts.
2.Swing Point Identification
Once a shift is detected, the indicator finds the nearest swing high and swing low surrounding the event.
3.Midpoint Calculation (Custom Logic)
Instead of projecting from full range, the system calculates a 50% midpoint between swing points. This serves as an anchor for cleaner, more balanced projections.
4.Extension Projection
From the midpoint, the script draws Fibonacci extensions (e.g., 1.2, 1.7, 2.8, 3.5) in the direction of the structure break.
5.Zone Mapping
These levels are displayed as shaded zones — which can serve as areas of interest for potential reactions, target regions, or contextual zones for further analysis.
6.Chart Customization Options
Users can toggle price labels, show/hide BoS or CHoCH selectively, and adjust display settings to maintain chart clarity.
⚠ Fibonacci levels are used here as visual structure-based zones, not fixed price targets or predictive tools. They are intended to support discretionary decision-making.
🧠 Integration in a Structured Workflow
While Price Target™ defines key areas, it is not designed to provide trade signals on its own. For optimal use, it works best when paired with confirmation tools from the BskLAB ecosystem.
Suggested Workflow Example:
Step 1: Observe when price reaches or enters a target extension zone
Step 2: Check for confirmation via momentum or structure (e.g., with Signal Assistant™)
Step 3: Validate volume behavior (e.g., with Money Flow X™)
Step 4: If confluence is present, define entry, stop-loss (outside the zone), and TP (based on structure or zone progression)
This multi-layered approach supports higher-quality discretionary analysis without relying solely on any one signal.
⚙️ Core Features Summary
• ✅ Automated BoS and CHoCH detection
• ✅ Custom midpoint-based Fibonacci projection logic
• ✅ Adjustable zone visibility and label toggles
• ✅ Clean layout designed for integration with other BskLAB tools
• ✅ Extension levels that scale with market structure and volatility
🔗 Intended Use Cases
Price Target™ is best used as a zone definition tool — helping traders highlight areas where price may react based on structural shifts. When combined with:
Signal Assistant™ for structure- and trend-based entry logic
Money Flow X™ for volume and momentum confirmation
…the tools together form a three-step confirmation system:
Zone ➜ Signal ➜ Volume
This layered system supports cleaner entries and greater contextual confidence for discretionary traders.
📍 RISK DISCLAIMER
Trading involves significant risk and is not suitable for everyone. All tools, scripts, and educational materials provided by BSKLab are for informational and educational purposes only. We do not offer financial advice.
Past performance does not guarantee future results. Always trade responsibly.
📍 CONCLUSION
At BSKLab, we believe consistent trading success doesn’t come from indicators alone — it comes from the trader’s ability to apply tools with context, discipline, and awareness. Indicators are only as powerful as the hands that use them.
The BSKLab Signal System isn’t designed to provide “magic signals,” but to empower traders with an adaptive, structured, and intelligent approach to identifying real opportunities while filtering out the noise.
Whether you’re a beginner or an experienced trader, our tools are designed to support real-world decisions — not just theory.
➡️ Request access below to join the BSKLab system and unlock the full suite of smart trading tools.
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡Bsklabfx。
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
For access to our private indicators and full signal system, please contact us through the following channels: Linktree: https://linktr.ee/Bsklabfx Facebook: https://www.facebook.com/bsklab.fx Membership is required to receive indicator access and usage
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
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡Bsklabfx。
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
For access to our private indicators and full signal system, please contact us through the following channels: Linktree: https://linktr.ee/Bsklabfx Facebook: https://www.facebook.com/bsklab.fx Membership is required to receive indicator access and usage
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。