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OTE

Black Tie Fibonacci OTE MTFMulti-timeframe Fibonacci retracement with Optimal Trade Entry (OTE) zone highlighting. Reads the previous closed candle from a higher timeframe, detects whether it was bullish or bearish, and projects retracement levels accordingly. The 0.618 - 0.786 zone is highlighted as the OTE: the deepest acceptable pullback before a trend continuation setup is considered failed. LEVELS 0.236 / 0.382 Shallow retracements, indicate strong momentum 0.500 Equilibrium, mid-point of the range 0.618 Top of the OTE zone, primary pullback target 0.786 Bottom of the OTE zone, deepest acceptable pullback In a bullish HTF candle, retracement is measured downward from the high. In a bearish HTF candle, retracement is measured upward from the low. The bias is detected automatically from the previous closed HTF candle. USAGE Use this on its own as a pullback entry tool, or in combination with a trend filter (HTF moving average, market structure, etc). When price enters the OTE zone in alignment with HTF trend direction, that is the textbook setup. When price rejects the OTE zone aggressively (long upper or lower wick), it can be a mean-reversion signal in the opposite direction. The 0.618 alone is also a common shallow-retracement entry for traders who want to capture more of the move at the cost of a wider stop. SETTINGS Reference Timeframe controls the HTF used for bias detection and range calculation. Default Daily; use Weekly for swing and Monthly for position trades. HTF High and Low lines are plotted by default as primary liquidity targets. HTF Open and Close lines available as optional references. The OTE zone has a customizable background color
Pine Script®指標
由BlackTieReport提供
10
OTE Sweep Signal + MTF Bias + VWAP + DR# OTE Sweep Signal + MTF Bias + VWAP + DR ## Overview A comprehensive intraday trading system that combines four core concepts into one indicator: **Dealing Range (DR) session boxes**, **Optimal Trade Entry (OTE) sweep signals**, **Multi-Timeframe (MTF) bias**, and **VWAP**. Designed for futures traders (NQ, MNQ, ES, MES) but works on any liquid intraday instrument. The indicator automatically identifies when price sweeps liquidity above or below a prior HTF candle's high or low, pulls back into the 50–61.8% retracement zone (the OTE), and fires an entry signal — all filtered by session time, swing structure, range limits, VWAP, and a confirmed Dealing Range bias. --- ## How It Works ### 1. HTF Sweep Detection On each new bar of your chosen Signal Timeframe (default 60m), the indicator locks in the prior candle's high and low as liquidity targets. If price sweeps above the prior high without taking the prior low (bull sweep), or below the prior low without taking the prior high (bear sweep), the sweep is locked in and the OTE zone is drawn. ### 2. OTE Zone Once a sweep is detected, the indicator calculates the retracement zone between the 50% and your chosen OTE level (default 61.8%) of the swept candle's range. When price closes back inside this zone for the first time, an entry signal fires. ### 3. Entry, Stop, BE, and Target - **Entry**: Top of OTE zone (bull) or bottom (bear) - **Stop**: Prior candle high/low OR OTE zone buffer (selectable) - **Break Even (BE)**: HTF candle open price - **Target**: Prior candle H/L, next HTF swing H/L, or a fixed R:R multiplier Each signal draws a label showing all four levels. --- ## Settings Groups ### Timeframe - **Signal Timeframe** — The HTF used to identify sweeps and draw the OTE zone. Default 60m. Works on any intraday TF (5m, 15m, 30m, 60m, 240m). - **Auto Sweep Window** — Automatically sets the window for valid sweeps to 1/3 of the signal TF duration. Turn off to set manually. - **Sweep Window (minutes)** — Manual sweep window when Auto is off. --- ### OTE Zone - **OTE Level (%)** — The deep retracement level that defines the bottom of the OTE zone. Default 61.8%. Range: 55–79%. - **Show OTE Zone** — Toggle the shaded OTE box on/off. - **Show Key Levels** — Toggle individual level lines (prior H/L, open, stop, target). --- ### Signals - **Show Entry Arrows** — LONG/SHORT arrows plotted at the signal bar. - **Show Stop & Target Label** — Detailed label with Entry, Stop, BE, and Target levels. - **Stop Method** — *Prior Candle High/Low*: stop at the swept candle's opposite extreme. *OTE Zone Buffer*: stop just beyond the OTE deep level by a % of range. - **OTE Stop Buffer** — Buffer percentage when using OTE Zone Buffer stop method. - **Max Prior Candle Range (pts)** — Filters out signals where the swept candle's range is too large to produce a clean OTE setup. Default 100 pts. - **Enable Max Range Filter** — Toggle the range filter on/off. - **Target Method** — *Prior Candle H/L*: target the opposite extreme of the swept candle. *Next Swing H/L*: target the nearest HTF swing high/low beyond the sweep. *Fixed R:R*: target = entry ± (risk × multiplier). - **Fixed R:R Multiplier** — Used only when Target Method is Fixed R:R. 2.0 = 2:1 reward to risk. --- ### Swing Filter Filters out signals where price has swept through an intermediate HTF swing high or low between the prior candle extreme and the current bar. This prevents chasing signals that are actually breaking through multi-bar structure, not just taking a liquidity sweep. - **Enable Swing Filter** — Toggle on/off. - **Show Swing Levels** — Plots the four most recent HTF swing highs and lows as reference lines. - **Show Blocked Signals** — Shows faded X arrows where a signal was detected but blocked by the swing filter or range filter. --- ### Session Filter - **Enable Session Filter** — Only fire OTE signals during your defined trading hours. - **Session Start Hour (ET)** — Default 9 (9 AM ET). - **Session End Hour (ET)** — Default 16 (4 PM ET). --- ### Dealing Range (DR) The Dealing Range (also called the Initial Balance) is the high/low established during each session's opening window. Three sessions are tracked independently. **Session Times (all ET):** | Session | Build Window | Extend Window | |---|---|---| | Asia | 7:00 PM – 8:00 PM | 8:00 PM – 2:00 AM | | London | 3:00 AM – 4:00 AM | 4:00 AM – 8:30 AM | | New York | 9:30 AM – 10:30 AM | 10:30 AM – 4:00 PM | **Display options:** - **Show Asia / London / New York DR** — Toggle each session independently. - **DR Time / Extend** — Fully customizable session windows for each. - **Show DR Box (build window only)** — Shaded box that spans only the DR build period. Updates live as price builds the range and freezes when the session ends. - **Show DR High/Low Lines** — Horizontal lines at the DR high and low. Can extend into the session extend window. - **Extend H/L Lines into session** — When on, H/L lines extend to the end of the session extend window. - **Show DR Open Line** — Dashed line at the first price of the DR session. - **Show 25 / 50 / 75% Levels** — Internal DR levels at 25%, 50%, and 75% of the DR range. Update live during the build window and freeze when the DR closes. Labeled at the right edge. - **Extend % Lines into session** — When on, the 25/50/75% lines also extend into the extend window. - **Show % Level Labels** — Small text labels at the right edge of each % line. - **Line Width** — Width of all DR lines (1–4 px). **Per-session colors:** Each session (Asia, London, NY) has three separate color pickers — Box fill, High/Low line, and % lines — so you can distinguish sessions at a glance. **DR Open Line Color** — Shared color for the open line across all sessions. **NY DR Break + Day Bias Filter:** Once the NY DR build window closes (10:30 AM), the indicator watches for price to close outside the NY DR high or low. When confirmed, it locks in the day's directional bias and fires a labeled arrow on the chart. - **Filter OTE by NY DR Break Direction** — When on, only takes OTE longs when day bias is BULL, only takes OTE shorts when day bias is BEAR. - **Show DR Break Label on Chart** — Arrow label showing "BULL DR" or "BEAR DR" with timestamp at the confirmation bar. - **Confirmation Closes Required** — Number of consecutive closes beyond the DR high/low needed to confirm (1–3). Default 1. - **Enable Time Gate** — Prevents the DR bias filter from activating before a set time. Avoids pre-market fakeouts locking you into one direction all day. Default 10:30 AM ET. - **Gate Hour / Gate Minute** — The time gate threshold. - **Block All Signals Before Gate Time** — When on, no OTE signals fire at all until the gate time passes. - **Break Bull / Bear Color** — Colors for the DR break label and bias display. --- ### VWAP - **Show VWAP Line** — Plots the session VWAP. Color and width adjustable. - **Enable VWAP Filter** — When on, only takes long OTE signals when price is above VWAP, and short signals when below. Defaults to OFF — use the Results Table to A/B test its effect. - **Show VWAP Distance in Bias Table** — Adds a row to the MTF Bias Table showing how many points price is currently above or below VWAP. --- ### HTF Range Box Draws a shaded box for every bar of your Signal Timeframe, spanning the full high-to-low range. The box updates live as the HTF candle builds and the color reflects the current candle's direction (green if close ≥ open, red if not). These boxes give immediate visual context for where the HTF candle is relative to its own range. - **Show HTF Range Box** — Toggle on/off. - **Bull / Bear Fill Color** — Box fill colors for bullish and bearish HTF candles. - **Bull / Bear Border Color** — Border colors. - **Border Width** — 0–4 px. - **Extend Current Box Right** — When on, the active box projects one bar to the right. --- ### MTF Bias Table A live bias dashboard showing whether each of your seven chosen timeframes is currently Bullish, Bearish, or Neutral — based on whether the current bar has broken above the prior bar's high or below the prior bar's low. - **Show MTF Bias Table** — Toggle on/off. - **TF 1–7** — Set any seven timeframes to monitor. Defaults: 1, 5, 15, 30, 60, 240, D. - **Bias Table Position** — Top Right, Top Left, Bottom Right, Bottom Left. - **Bias Table Size** — Tiny, Small, Normal, Large. - **Show Bull/Bear Score Row** — Summary row showing count of bullish vs bearish TFs (e.g. "4B / 3S"). - **Show Accuracy (n / %)** — For each TF, tracks how often the bias signal correctly predicted the following bar's close direction. Shows percentage and sample count. Each TF accumulates at its own rate — a 1m TF will have far more samples than a Daily. - **All color options** — Separate colors for bullish fill/text, bearish fill/text, neutral fill/text, header fill/text, score row fill/text. The table also includes a **NY DR BIAS** row at the bottom showing the current day's confirmed Dealing Range direction and whether the filter is active. --- ### Colors - **Bullish / Bearish Color** — Main signal colors used for OTE zone fills and entry arrows. - **Zone Transparency %** — How transparent the OTE zone fill is (60–95%). --- ### Results Table (Table 1 — Summary) A compact performance summary. Position is independently configurable. - **Show Results Table** — Toggle on/off. - **Summary Table Position** — Where to anchor Table 1 (settings + stats + P&L). - **Table Size** — Tiny, Small, Normal, Large. - **Timezone** — ET by default. - **$ Per Point** — Set to 20 for NQ, 2 for MNQ, 50 for ES, 5 for MES. - **Number of Contracts** — Scales all dollar P&L figures. **Table 1 shows:** - Active filter settings (stop method, swing filter, session, max range, target, VWAP, DR) - Trades, Wins, Break Evens, Losses, Blocked signals, Win Rate - Avg Win (pts + $), Avg Loss (pts + $), Total Won, Total Lost - Net P&L (pts + $) --- ### Results Table (Table 2 — Hour/Slot Breakdown) Separate table showing performance broken down by time slot. Works correctly for any signal timeframe — a 30m signal TF shows `9:30AM-10:00AM` style slots, not just hourly. - **Hour Table Position** — Where to anchor Table 2. Default: Bottom Left (separate from Table 1). - **Columns**: Time slot | W | BE | L | Net Pts --- ## Signal Logic Summary A signal fires when ALL of the following are true: 1. Price swept the prior HTF candle's high (long) or low (short) within the sweep window 2. Price closed back inside the OTE zone for the first time 3. Within the session filter hours 4. Prior candle range did not exceed the max range filter 5. No intermediate HTF swing high/low was breached (swing filter) 6. VWAP filter passed (if enabled) 7. NY DR bias filter passed (if enabled and confirmed) 8. Past the time gate (if block-before-gate is enabled) Signals blocked by filters 4–8 are shown as faded X arrows so you can visually audit what the filters are doing. --- ## Notes - Works best on 1m and 5m charts with the Signal Timeframe set to 30m, 60m, or 240m. - The indicator uses `max_bars_back=5000` to support longer lookback periods. - DR boxes and lines use `xloc.bar_time` for precise timestamp-based placement. - On chart timeframes below 5 minutes, a 5m security request is used for DR calculations to match the original DR/Initial Balance convention. - All dollar P&L figures are estimates based on your $ Per Point and contract count settings — not a substitute for actual brokerage records.
Pine Script®指標
由jferheart提供
AG Pro Premium Discount Zone Engine [AGPro Series]AG Pro Premium Discount Zone Engine Overview / What it does AG Pro Premium Discount Zone Engine is a dealing-range and retracement context overlay built to map relative value inside a selected swing. Instead of treating price as a sequence of isolated candles, the script frames current price location against an active high-low range and highlights where price is trading relative to equilibrium, premium, discount, and the OTE area. The core purpose of this tool is organizational. It is designed to help traders read where price is positioned inside a live swing and how price reacts when it moves into higher-value or lower-value retracement zones. This is especially useful when a chart is moving inside a pullback, when trend continuation is being evaluated, or when users want to distinguish between shallow retracements and deeper repricing within an existing range. The script supports multiple ways to define the active range. Users can work with an automatically detected swing, a higher-timeframe dealing range, or a manual-lite anchor mode based on bar offsets. Once a valid range is identified, the script projects premium and discount territory, marks the 50% equilibrium, and highlights the OTE area using the 61.8, 70.5, and 78.6 retracement levels. The output is intentionally visual, structured, and restrained. Premium and discount zones are shown as clean value blocks. The OTE area is treated as the main focus zone rather than a minor detail. The panel summarizes the active bias, current location, zone state, equilibrium level, and OTE boundaries so that users can read the chart quickly without relying on aggressive signal language. Unique Edge What makes this script different is that it is not built as a market-structure detector, imbalance mapper, liquidity event scanner, or order-block locator. Its job is narrower and more specific: it organizes relative price location inside a defined dealing range. That distinction matters. Many overlays attempt to explain everything on the chart at once. This script does not. It does not try to label breaks of structure, detect fair value gaps, mark liquidity sweeps, or classify institutional zones. Instead, it answers a more focused question: where is price trading inside the current swing, and how is it behaving as it enters or leaves important retracement territory? This also separates the script from other AG Pro tools. Some AG Pro overlays are built around structure transitions, some around imbalance behavior, some around reaction quality, and some around event detection. AG Pro Premium Discount Zone Engine is built around valuation context. It does not compete with those tools directly. It complements them by adding a relative-value map around a selected range. Another difference is the zone-state logic. The script does not stop at drawing premium and discount blocks. It also tracks how price interacts with the OTE area and classifies that interaction using a simple state model such as Fresh, First tap, Retested, Rejected, Accepted, and Invalidated. This creates a more contextual read than a static retracement overlay. Methodology The script begins by identifying an active swing range. In Auto Swing mode, it uses pivot-based range detection. In HTF Swing mode, it builds the range from a higher-timeframe high-low window. In Manual-Lite Swing mode, it uses bar-offset anchors to let the user define a practical swing reference without requiring manual drawing tools. Once the active range is available, the script calculates the internal value map: - Swing High - Swing Low - 50% Equilibrium - Premium territory above equilibrium - Discount territory below equilibrium - OTE zone using 61.8, 70.5, and 78.6 retracement levels The script then monitors how price behaves around those levels. This produces context states rather than directional promises. For example, price entering the OTE area is not treated the same as price rejecting from it, accepting beyond it, or invalidating the active range. These are intentionally different events because they describe different chart conditions. The equilibrium level is included as a centerline reference, while the OTE band is given stronger visual emphasis. This helps distinguish broad valuation territory from the narrower retracement pocket that many users monitor more closely. Signals & Alerts The signals in this script are event-based and deterministic. They are not designed as standalone trade instructions. They are designed to describe interaction with the active range. Available event logic includes: - OTE Test - OTE Reject - OTE Accept - Discount Reaction - Premium Rejection - Equilibrium Cross - Range Invalidated - OTE Failure These events are intended to provide chart context. For example, an OTE Test simply means price entered the active OTE zone. A Premium Rejection means price traded into the premium side and closed back below the local premium threshold used by the script. A Discount Reaction means price interacted with the discount side and responded upward under the script's rules. These are context events, not guarantees of continuation. Alerts follow the same philosophy. They are defined in a rules-based way so users can monitor range interaction without needing to watch the chart continuously. The alert layer is most useful when the script is used as a location filter inside a broader workflow. Key Inputs Swing mode Lets the user choose between Auto Swing, HTF Swing, and Manual-Lite Swing depending on whether the goal is reactive automation, higher-timeframe framing, or a more controlled local range definition. Auto pivot length Controls how sensitive the pivot-based swing detection is in Auto mode. HTF timeframe and HTF lookback Used to define the broader dealing range in higher-timeframe mode. Manual high bars back / manual low bars back Used to create a manual-lite range by referencing earlier bars as anchors. Render bars back / render bars forward Controls how far the active range projection extends on the chart. Zone opacity and theme Used to refine the visual balance between premium, discount, and OTE areas. Label controls Used to reduce visual noise by controlling label cooldown, label render window, and maximum visible labels. Panel controls Allow the user to reposition the panel and adjust its text size to fit different chart layouts. Limitations & Transparency This script does not predict direction. It does not forecast reversals. It does not decide whether a chart should trend, break, or fail. It maps relative value inside a selected range and reports interaction events inside that framework. The quality of the output depends on the quality of the active swing. If the selected or detected range is not meaningful for the user's workflow, the valuation map will also be less meaningful. This is especially important in highly compressed, extremely noisy, or structurally unclear conditions. Auto Swing mode is practical, but like any automated swing model, it depends on pivot confirmation and may update as newer pivots become available. HTF mode provides broader context but may feel less reactive on smaller charts. Manual-Lite mode gives more control but still depends on the user choosing sensible anchor distances. OTE logic is range-relative. It does not incorporate unrelated concepts such as order blocks, liquidity pools, fair value gaps, session models, or external structure classifications unless the user combines those ideas manually in a separate workflow. This script is best understood as a valuation-context overlay. It is not a complete strategy, not a full decision engine, and not a substitute for risk management. How this differs from other AG Pro scripts AG Pro Premium Discount Zone Engine is intentionally not a structure-break tool, not a CHoCH/BOS detector, not a liquidity sweep scanner, not an FVG engine, and not an order-block mapper. Its role inside the AG Pro family is to answer a different question: Where is price trading inside the active dealing range, and what is the quality of its interaction with that value map? That makes it particularly useful for users who already understand direction from another process and want cleaner execution context. In other words, some tools focus on structural change, some focus on imbalance, and some focus on reaction events. This one focuses on valuation location. Risk Disclosure This script is for chart analysis and educational use only. It does not provide financial advice, investment advice, or guaranteed trade signals. Any use of this tool should be combined with independent analysis, risk controls, position management, and market-specific judgment. The presence of an alert, label, premium zone, discount zone, or OTE interaction does not imply that price must react in a specific way. Markets can continue, reverse, compress, or invalidate a range without warning. Users should treat this script as a context tool, not as a promise of outcome.
Pine Script®指標
由AGProLabs提供
2
Advanced Fibonacci Confluence Matrix [MarkitTick]💡 The Advanced Fibonacci Confluence Matrix is a sophisticated multi-dimensional analytical tool designed for professional traders who demand precision in identifying high-probability institutional entry zones. By integrating Fibonacci retracement logic with multi-timeframe (MTF) confluence and Fair Value Gap (FVG) detection, this script identifies the "Optimal Trade Entry" (OTE) zones where various technical factors align. It serves as a comprehensive institutional-grade execution engine, providing not just visual zones, but also automated risk calculation and webhook-ready alert payloads for algorithmic execution. ● ✨ Originality and Utility Traditional Fibonacci tools are often static and require manual adjustment, leading to subjective bias and missed opportunities during rapid price action. This indicator revolutionizes the process by: • Dynamic Anchor Selection : It automatically identifies significant swing highs and lows to anchor Fibonacci levels, ensuring that the zones remain relevant to current market structure. • Multi-Timeframe Confluence : It fetches Fibonacci data from higher timeframes (HTF), such as the Daily or 4-hour charts, and overlays them onto the local timeframe. This allows traders to see when a local OTE zone aligns with a major institutional level. • FVG Integration : The script looks for Fair Value Gaps within the OTE zones. The presence of an FVG serves as a "magnet" or "trigger," increasing the probability that price will react within that specific area. • Automated Alert Logic : Unlike simple price alerts, this script generates a structured JSON payload including Entry, Stop Loss, Take Profit, and calculated Position Size based on user-defined risk parameters. ● 🔬 Methodology and Concepts The indicator is built upon the premise of Institutional Order Flow and the "Discount vs. Premium" market theory. • Fibonacci Retracement Engine : The core logic calculates standard ratios (0.236, 0.382, 0.5, 0.618, 0.786). The "Optimal Trade Entry" is specifically defined as the zone between the 0.618 and 0.786 retracement levels. • The Confluence Matrix : The script maintains an internal matrix of "hits." When price enters a zone where a local Fibonacci level, an HTF level, and a Prime FVG all overlap, the confluence score increases, and the visual intensity of the zone changes to alert the trader. • Fair Value Gap (FVG) Logic : The script detects imbalances where the High of Bar N is lower than the Low of Bar N+2 (for bearish) or the Low of Bar N is higher than the High of Bar N+2 (for bullish). It specifically filters for "Prime FVGs" that reside within the OTE retracement area. • Risk-Adjusted Position Sizing : It uses the distance between the Entry (usually the 0.618 level or FVG edge) and the Stop Loss (usually the swing anchor) to calculate how many units should be traded to risk exactly X% of the account balance. ● 🎨 Visual Guide • The OTE Zone (The Golden Box) : A shaded rectangle appearing between the 0.618 and 0.786 Fibonacci levels. A Green box signifies a bullish discount zone, while a Red box signifies a bearish premium zone. • HTF Confluence Lines : Horizontal dashed lines across the chart representing the 0.5 (Equilibrium) and 0.618 levels from a higher timeframe. These are typically colored Orange or Purple to distinguish them from local levels. • Fair Value Gap (FVG) Rectangles : Small, semi-transparent boxes that mark price imbalances. When these appear inside the OTE Zone, they are highlighted with a thicker border to indicate a "High Probability Trigger." • Swing Anchor Labels : Small "H" (High) and "L" (Low) labels appear at the points where the Fibonacci tool is anchored. These labels help the trader verify the current market structure context. • Signal Labels : When a confluence event occurs, a "BUY" or "SELL" label appears above or below the candle. The label includes the calculated "Risk:Reward" ratio for that specific setup. • Dashboard Table : A small UI element in the corner of the chart displaying the current HTF trend status, the distance to the nearest OTE zone, and the calculated position size for the next trade. ● 📖 How to Use • Identifying a Setup : Wait for the script to define a new swing move. Once the "OTE Zone" box is drawn, monitor the price as it retraces toward that box. • Confirming Confluence : The highest quality trades occur when the price enters the OTE zone and simultaneously touches an HTF dashed line or fills a Prime FVG. • Execution : Look for the "Long Entry" or "Short Entry" signal. The script is optimized for "Bar Close" execution to avoid repainting issues. • Automation : If using webhooks, ensure your execution platform is set to receive the JSON format. The "Action," "Ticker," and "Qty" fields are automatically populated based on the signal. • Exit Strategy : The default Take Profit is set to the 0.0 Fibonacci level (the swing high/low), while the Stop Loss is placed just beyond the 1.0 anchor point. ● ⚙️ Inputs and Settings • Fibonacci Sensitivity : Adjust the "Swing Lookback" to determine how significant a high or low must be to act as an anchor. Higher values result in more "Macro" zones. • HTF Resolution : A dropdown allowing you to select which timeframe (e.g., 60m, 240m, Daily) the confluence lines should be pulled from. • Zone Selection : Toggle switches to enable or disable specific levels (e.g., show only the 0.618 and 0.786). • Risk Management : Input your "Account Size" and "Risk Percentage" (e.g., 1% or 0.5%) to calibrate the automated position sizing alerts. • Alert Configuration : Options to enable specific JSON payloads for "Long Only," "Short Only," or "Both." ● 🔍 Deconstruction of the Underlying Scientific and Academic Framework The Advanced Fibonacci Confluence Matrix is grounded in the Golden Ratio Theory and the Efficient Market Hypothesis (EMH), specifically focusing on market inefficiencies. • Mathematical Proportions : The indicator utilizes the irrational number Phi (approximately 1.618) and its inverse (0.618). These ratios are derived from the Fibonacci sequence, where each number is the sum of the two preceding ones. In financial markets, these ratios describe the recursive nature of price retracements and expansions. • Statistical Mean Reversion : The use of the 0.5 level (Equilibrium) is based on the statistical principle of mean reversion, suggesting that price has a natural tendency to return to a central point of value before continuing a trend. • Liquidity & Imbalance Theory : The Fair Value Gap detection is based on the "Information Asymmetry" model in economics. When a large institutional order enters the market, it creates a "gap" or "void" because the liquidity at certain price levels was consumed too quickly. Academically, these gaps represent "Inefficient Pricing" that the market seeks to "fill" to restore equilibrium. • Confluence Probability : By applying the Law of Large Numbers and Multi-Factor Modeling, the script assumes that the intersection of independent variables (Local Fib + HTF Fib + FVG) reduces the "Noise-to-Signal" ratio, thereby increasing the statistical significance of the resulting trade signal. ⚠️ Disclaimer All provided scripts and indicators are strictly for educational exploration and must not be interpreted as financial advice or a recommendation to execute trades. I expressly disclaim all liability for any financial losses or damages that may result, directly or indirectly, from the reliance on or application of these tools. Market participation carries inherent risk where past performance never guarantees future returns, leaving all investment decisions and due diligence solely at your own discretion.
Pine Script®指標
由MarkitTick提供
4
Automatic Fibonacci Levels [WillyAlgoTrader]Automatic Fibonacci Levels is an overlay indicator that detects the dominant swing high and swing low within the visible chart area, draws a full Fibonacci retracement and extension grid between them, highlights the Optimal Trade Entry (OTE) zone at 61.8%–78.6%, marks a target zone at the −50% to −61.8% extension, and labels four take-profit levels — all updating automatically as you scroll or zoom the chart. Most Fibonacci tools on TradingView are either manual (you draw them yourself and they become stale as price evolves) or pivot-based (anchored to a fixed lookback period that may not match the swing you're actually looking at). This indicator takes a different approach: it uses the visible chart range as its context. It finds the highest high and lowest low within what you can currently see, determines trend direction based on which came first, and draws the full Fibonacci grid accordingly. When you scroll or zoom to a different area, the grid adapts — making it a dynamic analysis companion rather than a static drawing tool. 🔍 WHAT MAKES IT ORIGINAL 1. Visible-range swing detection. Instead of using a fixed pivot lookback or requiring manual anchor placement, the indicator scans the chart's visible window (chart.left_visible_bar_time to chart.right_visible_bar_time) to find the absolute high and low. This means the Fibonacci grid always reflects the swing structure you are currently analyzing. Zoom into a 50-bar range to see intraday retracements; zoom out to 500 bars to see the macro structure — the grid adjusts automatically. When the visible range changes (scroll or zoom), swing detection resets and recalculates. 2. Automatic trend direction from swing sequence. The indicator determines bullish or bearish bias by comparing when the swing low and swing high occurred. If the swing low formed first and the swing high formed later, the trend is classified as bullish (retracement levels are drawn down from the high, extensions project upward). If the swing high came first, the trend is bearish (retracement down from the low, extensions project downward). No manual input is needed — the grid orientation follows the price structure. 3. OTE Entry Zone + Target Zone as highlighted boxes. Two key zones are highlighted with semi-transparent boxes: — Entry Zone (61.8%–78.6%) : the Optimal Trade Entry area from ICT/SMC methodology — the deep retracement zone where institutional re-entry is most likely — Target Zone (−50% to −61.8%) : the extension zone where breakout moves frequently reach Both zones have configurable colors and optional text labels ("ENTRY ZONE" / "TARGET ZONE") inside them. Zone-touch alerts fire when price enters either box for the first time. 4. Four labeled take-profit levels. TP labels are placed at key Fibonacci levels to provide a structured scale-out framework: — TP1 at 38.2% (first retracement target — conservative exit) — TP2 at 0% (full swing retest — swing high in uptrend, swing low in downtrend) — TP3 at −27.2% (first Fibonacci extension) — TP4 at −61.8% (deep extension — runner target) Each TP level is only displayed if the corresponding Fibonacci line is enabled, keeping the chart clean. 5. 16 individually toggleable levels. The indicator supports a comprehensive set of levels: 0%, 23.6%, 38.2%, 50%, 61.8%, 70.6%, 78.6%, 100% (standard retracements), plus 18%, 150%, 200% (deep retracements), and −18%, −27.2%, −50%, −61.8%, −100% (extensions). Each level can be toggled on or off independently, so you can configure exactly the grid density you prefer — from a minimal 4-level setup to a full 16-level deep analysis. ⚙️ HOW IT WORKS Swing detection: On every bar, the script checks whether the current bar falls within the chart's visible time window (using chart.left_visible_bar_time and chart.right_visible_bar_time). Within this window, it tracks the highest high and lowest low, along with their bar indices. When the visible window changes (scroll/zoom), all swing data resets and recalculates from scratch. This ensures the grid always reflects your current view. Trend direction: If swingLowBarIdx < swingHighBarIdx (low came first), the trend is classified as bullish — Fibonacci levels count downward from the swing high (0% = high, 100% = low), and extensions project above the high. If the high came first, the trend is bearish — levels count upward from the swing low, extensions project below. Level calculation: Each Fibonacci level is calculated as: price = anchor ± (swingRange × ratio), where the anchor and direction depend on the trend bias. For a bullish trend: 0% = swingHigh, 61.8% = swingHigh − range × 0.618, −50% = swingHigh + range × 0.5. For bearish: mirrored. Zone detection: The Entry Zone (61.8%–78.6%) and Target Zone (−50% to −61.8%) are computed as price ranges. On each confirmed bar, the script checks if the close falls within either zone. A zone-touch alert fires on the first confirmed bar inside the zone (no repeated alerts while price stays in the zone). The inEntryZone / inTargetZone state resets when price leaves, allowing re-entry detection. Drawing: All visual elements (lines, labels, boxes) are drawn on barstate.islast and cleaned up on each redraw to prevent accumulation. Lines extend from 2 bars before the current bar to the label offset position. Zones use extend.right so they remain visible as new bars form. 📖 HOW TO USE Reading the chart: — Orange horizontal lines = Fibonacci levels (retracement + extensions) — Optional % labels next to each line = level identification — Gold semi-transparent box = Entry Zone (61.8%–78.6% OTE) — Gold semi-transparent box with "TARGET ZONE" = extension target (−50% to −61.8%) — TP1–TP4 labels = structured take-profit levels — Optional diagonal line = swing connection (low-to-high or high-to-low) Suggested workflow: — Zoom to the swing you want to analyze — the grid adapts automatically — In a bullish trend: look for buy entries when price retraces into the Entry Zone (61.8%–78.6%), with stop loss below 100% (swing low), targeting TP1 (38.2%) → TP2 (0% / swing high) → TP3 (−27.2%) → TP4 (−61.8%) — In a bearish trend: look for sell entries when price retraces up into the Entry Zone, stop above swing high, targeting downward extensions — Use the dashboard to confirm trend direction and monitor whether price is currently in the Entry or Target zone — Set alerts for zone touches to get notified when price reaches OTE or target levels without watching the chart Customization tips: — For a clean chart: enable only 0%, 61.8%, 78.6%, 100%, −27.2%, −61.8% — this gives you the OTE boundaries, swing anchors, and two extension targets — For deep analysis: enable all 16 levels to see the full Fibonacci structure — Adjust Label Offset to move level labels further right if your chart is crowded — Toggle Show Diagonal Swing Line to visually confirm which high/low pair is being used ⚙️ KEY SETTINGS REFERENCE — Show All Elements (default On): master toggle for all Fibonacci visuals — Line Width (default 1): thickness of Fibonacci lines (1 = subtle, 5 = bold) — Line Style (default Dashed): solid, dashed, or dotted — Label Offset (default 17 bars): how far right of the last bar to place labels — Individual Levels : 16 toggleable levels from 200% to −100% — Show Entry Zone (default On): highlight the 61.8%–78.6% OTE box — Show Target Zone (default On): highlight the −50% to −61.8% extension box — Show Text in Zones (default On): display "ENTRY ZONE" / "TARGET ZONE" labels — Show TP Labels (default On): display TP1–TP4 at key levels — Show Level % Labels (default Off): display percentage text next to each line 📊 Dashboard The info panel displays: — Trend direction (Bullish / Bearish) based on swing sequence — Signal status (Entry Zone / Target Zone / —) when price enters a key zone — Swing range in price units — Current timeframe and indicator version 🔔 Alerts Two alert conditions (each fires once per zone entry on bar close): — Entry Zone touch : price closes inside the 61.8%–78.6% retracement zone — Target Zone touch : price closes inside the −50% to −61.8% extension zone Both support standard text and JSON webhook format. ⚠️ IMPORTANT NOTES — This indicator anchors to the visible chart range — it recalculates when you scroll or zoom. This is a feature, not a bug: it lets you analyze any swing by simply framing it on your screen. However, it means the grid will change if you move the chart. — Fibonacci levels are not predictive — they are reference points based on the measured swing range. Price may or may not react at any given level. — The Entry Zone (61.8%–78.6%) is derived from the OTE concept used in ICT/SMC methodology. It represents a high-probability retracement area, but no retracement zone guarantees a reversal. — Zone alerts require bar-close confirmation and fire once per entry — they do not repeat while price remains in the zone. — Works across all asset classes and timeframes. No volume data required.
Pine Script®指標
由WillyAlgoTrader提供
8
ICT MMM/AMD (Power of 3) [UAlgo]ICT MMM / AMD (Power of 3) is an intraday market structure framework that models the classic Accumulation, Manipulation, Distribution cycle using configurable killzones. The script tracks the Asia range as the accumulation anchor, looks for a liquidity sweep during the London window, waits for a Market Structure Shift confirmation, and then maps a clean entry model using Fair Value Gap logic and optional displacement requirements. Beyond the core cycle, the indicator provides two additional layers of context: Previous Day High and Previous Day Low levels for higher timeframe objectives A dynamic Dealing Range built from recent pivots to visualize premium, discount, and equilibrium The result is a structured workflow tool that organizes ICT style intraday logic into clear, step by step states with optional filters for cleaner execution. 🔹 Features 1) Session Based Cycle Engine (Killzones) The script is built around three sessions selected by the user and evaluated in a chosen IANA timezone: Accumulation window, typically Asia Manipulation window, typically London Distribution window, typically New York AM Each day begins a new cycle at the start of the accumulation session. The script tracks the running high and low during accumulation, then finalizes those boundaries at the end of the session to create the reference range used by later steps. 2) Accumulation Range Mapping During accumulation, the indicator maintains: Accumulation High Accumulation Low Optional border only box around the session range Optional ACC label When the accumulation window ends, the high and low are frozen and drawn as clean horizontal guides using your selected line style and width. 3) Liquidity Sweep Detection With ATR and Tick Filters During the manipulation window, the indicator checks for a sweep beyond the accumulation boundaries. The sweep threshold is adaptive and uses the larger of: A minimum tick distance A minimum ATR based distance You can also choose whether sweep validation uses wicks or closes: Wicks uses High and Low Closes uses Close only When a sweep is confirmed, the script labels it as BSL sweep if it sweeps above highs, or SSL sweep if it sweeps below lows. Optional sweep level and wick markers can also be drawn for precise reference. 4) Market Structure Shift Confirmation After a sweep, the script waits for a Market Structure Shift using confirmed pivots. Pivot Length controls strictness. Higher values require cleaner structure and reduce false shifts, at the cost of added confirmation delay. Bullish MSS is confirmed when price closes above the most recent confirmed pivot high after an SSL sweep Bearish MSS is confirmed when price closes below the most recent confirmed pivot low after a BSL sweep Optional MSS break lines can be displayed so you can see the exact level that defined the shift. 5) Displacement Qualification (Optional Gate Before FVG) Displacement can be required before Fair Value Gap detection. This filter attempts to enforce a strong impulse candle after MSS by checking: Body to range proportion Body size relative to ATR Directional strength by requiring a break beyond the prior candle extreme This helps separate soft rotations from decisive expansions, which tends to improve FVG quality in many market conditions. 6) Fair Value Gap Detection and Management After MSS, the script scans a configurable number of bars for a valid FVG. Bullish FVG condition uses a three candle gap where the current low is above the high two bars ago Bearish FVG condition uses a three candle gap where the current high is below the low two bars ago Once an FVG is active, the script draws top and bottom boundary lines and optionally labels it. When price returns into the gap, the script treats it as mitigated. If the remove option is enabled, the FVG drawings are deleted after mitigation to keep the chart clean. 7) Entry Marking With Optional Distribution Filter When price touches the active FVG, the script can print an ENTRY label and place a stop line. Entry can be restricted to the distribution window if desired This can reduce off session prints and align entries with the intended time of day logic The stop level is anchored to the sweep extreme with an optional tick padding so you can adapt to spread and micro structure noise. 8) Target Framework Per Cycle Targets are evaluated after MSS using your selected Target Mode: PDH PDL only Range only PDH PDL plus Range For bullish MSS, targets can include PDH and the accumulation high For bearish MSS, targets can include PDL and the accumulation low Target lines update forward and can stop extending once price hits them, keeping the cycle output visually informative without turning into permanent clutter. 9) Dealing Range Premium Discount Map A Dealing Range is built from the most recent confirmed pivot high and pivot low using a separate pivot length setting. The script then computes: Premium as the upper boundary Discount as the lower boundary Equilibrium as the midpoint Optional labels mark DR PREMIUM, DR DISCOUNT, and DR EQ (50%) so you can quickly align entries with premium and discount logic. 10) Previous Day High and Low Overlay PDH and PDL are pulled from the daily timeframe and drawn as global reference levels. These update at each new day and can be displayed with labels. This keeps higher timeframe objectives visible even when trading lower timeframes. 11) Visual Control and Cycle Retention The indicator offers full control over: Line styles Line widths Whether lines extend into the future Whether to show boxes, labels, sweep lines, MSS lines, targets, and dealing range Completed cycles are stored and older cycles are pruned based on Keep Last Cycles. This preserves recent context while keeping object counts under control. 🔹 Calculations 1) Session State Logic Each session is evaluated using the chart timeframe, the session input, and the selected timezone. A cycle starts when the accumulation session turns on and ends when it turns off. Conceptually: inAcc is true when the current bar time falls inside the accumulation session accStart is the transition from not inAcc to inAcc accEnd is the transition from inAcc to not inAcc These transitions control the lifecycle of each MMM cycle object. 2) Accumulation Range Construction During accumulation, the script continuously updates the running high and low: accHigh becomes the maximum observed high within the session accLow becomes the minimum observed low within the session At accEnd, these values are finalized and turned into horizontal range guides that define the boundaries used for sweep validation and optional range targets. 3) Sweep Threshold Model Sweep threshold is a conservative maximum of two measurements: Minimum sweep distance in ticks Minimum sweep distance as a fraction of ATR This creates a single threshold thr that adapts to volatility while still respecting a hard minimum in ticks. Sweep evaluation then compares either: High and Low if wicks are used Close if closes are used A sweep is confirmed when price probes beyond accHigh plus thr or beyond accLow minus thr. 4) MSS Pivot Framework Confirmed pivots are used for structure shift validation. The script stores the most recent confirmed pivot high and pivot low and their bar indexes. After a BSL sweep, bearish MSS triggers when close breaks below the last pivot low After an SSL sweep, bullish MSS triggers when close breaks above the last pivot high This ensures MSS is a structural confirmation rather than a subjective interpretation. 5) Displacement Filter Metrics Displacement quality is checked using: Body size relative to total candle range Body size relative to ATR Directional break beyond the previous candle extreme Only when these requirements pass does the cycle allow the displacement flag, which can be used as a gate for FVG detection when enabled. 6) FVG Definition The script uses a strict three candle gap model: Bullish FVG when current low is above the high two bars ago Bearish FVG when current high is below the low two bars ago FVG is only searched within a fixed number of bars after MSS, which keeps the model aligned with the intended timing of the intraday cycle. 7) Mitigation and Entry Touch Logic When an active FVG is present, a touch is defined as price overlapping the gap region. On the first touch: If entry marking is enabled and the time filter allows it, the script prints ENTRY and places SL FVG is marked as mitigated and can optionally be removed from the chart Stop is computed from the sweep wick extreme plus optional tick padding, aligned with the idea that the sweep should remain the invalidation anchor. 8) Target Selection Logic Targets are chosen based on direction and the Target Mode: For bullish MSS, PDH can be Target A, accumulation high can be Target B For bearish MSS, PDL can be Target A, accumulation low can be Target B Targets are updated forward each bar and can stop extending once hit, which keeps the current cycle readable. 9) Dealing Range Computation The dealing range uses the latest confirmed pivot high and pivot low: DR high equals the higher of the two pivot prices DR low equals the lower of the two pivot prices DR equilibrium equals the midpoint of DR high and DR low This provides a clean premium and discount map that updates as new pivots confirm. 10) Previous Day High and Low Retrieval PDH and PDL are sourced from the daily timeframe using a security call that references the prior day values. They are reset at each new day, ensuring the lines represent the most recent completed daily range.
Pine Script®指標
由UAlgo提供
1
Session Range ProjectionsSession 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®指標
由thraxxtrades提供
17
Fibonacci Optimal Entry Zone [OTE] (Zeiierman)█ Overview Fibonacci Optimal Entry Zone (Zeiierman) is a high-precision market structure tool designed to help traders identify ideal entry zones during trending markets. Built on the principles of Smart Money Concepts (SMC) and Fibonacci retracements, this indicator highlights key areas where price is most likely to react — specifically within the "Golden Zone" (between the 50% and 61.8% retracement). It tracks structural pivot shifts (CHoCH) and dynamically adjusts Fibonacci levels based on real-time swing tracking. Whether you're trading breakouts, pullbacks, or optimal entries, this tool brings unparalleled clarity to structure-based strategies. Ideal for traders who rely on confluence, this indicator visually synchronizes swing highs/lows, market structure shifts, Fibonacci retracement levels, and trend alignment — all without clutter or lag. ⚪ The Structural Assumption Price moves in waves, but key retracements often lead to continuation or reversal — especially when aligned with structure breaks and trend shifts. The Optimal Entry Zone captures this behavior by anchoring Fibonacci levels between recent swing extremes. The most powerful area — the Golden Zone — marks where institutional re-entry is likely, providing traders with a sniper-like roadmap to structure-based entries. █ How It Works ⚪ Structure Tracking Engine At its core, the indicator detects pivots and classifies trend direction: Structure Period – Determines the depth of pivots used to detect swing highs/lows. CHoCH – Break of structure logic identifies where the trend shifts or continues, marked visually on the chart. Bullish & Bearish Modes – Independently toggle uptrend and downtrend detection and styling. ⚪ Fibonacci Engine Upon each confirmed structural shift, Fibonacci retracement levels are projected between swing extremes: Custom Levels – Choose which retracements (0.50, 0.618, etc.) are shown. Real-Time Adjustments – When "Swing Tracker" is enabled, levels and labels update dynamically as price forms new swings. Example: If you disable the Swing Tracker, the Golden Level is calculated using the most recent confirmed swing high and low. If you enable the Swing Tracker, the Golden Level is calculated from the latest swing high or low, making it more adaptive as the trend evolves in real time. █ How to Use ⚪ Structure-Based Entry Wait for CHoCH events and use the resulting Fibonacci projection to identify entry points. Enter trades as price taps into the Golden Zone, especially when confluence forms with swing structure or order blocks. ⚪ Real-Time Reaction Tracking Enable Swing Tracker to keep the tool live — constantly updating zones as price shifts. This is especially useful for scalpers or intraday traders who rely on fresh swing zones. █ Settings Structure Period – Number of bars used to define swing pivots. Larger values = stronger structure. Swing Tracker – Auto-updates fib levels as new highs/lows form. Show Previous Levels – Keep older fib zones on chart or reset with each structure shift. ----------------- Disclaimer The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Pine Script®指標
由Zeiierman提供
15
CandelaCharts - Fib Retracement (OTE) 📝 Overview The CandelaCharts Fib Retracement (OTE) indicator is a precision tool designed to help traders identify Optimal Trade Entry (OTE) levels based on Fibonacci retracement principles, as taught in ICT (Inner Circle Trader) methodology. This indicator automatically plots Fibonacci retracement levels between a selected swing high and swing low, highlighting the key OTE zone between the 61.8% and 78.6% retracement levels—a prime area for potential reversals in trending markets. 📦 Features Automatic & Custom lookback modes Customizable fib levels Dynamic coloring Reverse & extend ⚙️ Settings Lookback: Controls the number of bars to look back. You can choose between **Automatic** or **Custom** mode. Line Style: Sets the line style for the Fibonacci levels. Levels: 0, 0.236, 0.0.382, 0.500, 0.620, 0.705, 0.790, 0.886, 1.000. Allows you to toggle the visibility of Fibonacci levels. Dynamic Coloring: Colors Fibonacci levels according to trend direction. Show Labels: Shows the price value at each Fibonacci level. Reverse: Flips the Fibonacci levels in the opposite direction. Extend Left: Extends the Fibonacci levels to the left. ⚡️ Showcase Dynamic Coloring Manual Coloring Fib Retracement Extended Custom Length 📒 Usage Using the CandelaCharts Fib Retracement (OTE) is pretty straightforward—just follow these steps to spot high-probability trade setups and refine your entries. Identify the Trend – Determine whether the market is in an uptrend or downtrend. Select Swing Points – The indicator automatically plots from the most recent swing high to swing low (or vice versa). Wait for Price to Enter OTE Zone – Look for price action confirmation within the optimal entry zone (61.8%-78.6%). Enter the Trade – Consider longs in an uptrend at the OTE zone, and shorts in a downtrend. Set Stop & Target – Place stops below/above the swing low/high and target extension levels (127.2%, 161.8%). 🎯 Key takeways The CandelaCharts Fib Retracement (OTE) is a must-have tool for traders looking to refine their entries and maximize risk-reward potential with precision-based ICT trading strategies. 🚀 🚨 Alerts The indicator does not provide any alerts! ⚠️ Disclaimer Trading involves significant risk, and many participants may incur losses. The content on this site is not intended as financial advice and should not be interpreted as such. Decisions to buy, sell, hold, or trade securities, commodities, or other financial instruments carry inherent risks and are best made with guidance from qualified financial professionals. Past performance is not indicative of future results.
Pine Script®指標
由CandelaCharts提供
5
Discount/Premium OTE LevelsThis indicator is created to identify discount/premium areas to provide additional confluence to trades taken. The underlying theory is that the trades taken in discounted areas are likely to have less risk due to a smaller stop loss and a higher reward/risk ratio. The indicator operates by first identifying a zone between the last major swing high and low. These highs and lows are determined as price points that at the extremes within the number of bars to the left, as defined by the "Swing Sensitivity" setting. Once a price zone is established, the indicator verifies that the zone meets the minimum size in points as configured via the "Minimum size" setting to be considered tradable. Zones that are too small may not provide a sufficient range even for scalping. The default value is 42 points based on Nasdaq, which means that the distance between inner most OTE levels (0.382 and 0.618) is at least 10 points. When a valid zone is identified, it is then subdivided into areas of interest based on OTE levels, which can be configured/adjusted via the "Levels to Draw" setting. These levels represent the midpoint (50%), which distinguishes between premium and discount, and the three OTE levels 0.79, 0.705, 0.618, above the 50% for discount and below the 50% for premium. For example, if a zone is formed initially by a swing low followed by a swing high with the assumption that the draw is higher, the indicator can be used to formulate long positions from below the 50% level starting at 0.38 OTE level, or ideally at 0.295 OTE level using 0 as a stop loss. Alternatively, if the 50% level is not yet tapped, short scalp positions can be made from 0.79-0.618 OTE levels with 50% as a partial or TP target. See for long/short example Typically, the indicator will show only a single zone. However, there may be cases with two zones: one larger parent zone containing a smaller, valid price zone within itself. The indicator will automatically invalidate and remove the zone once the high/low of the zone is invalidated. Configuration: The indicator provides several visualization options for customization, including: Color settings for OTE levels, with separate settings for edge/50% color, premium, and discount levels. Settings for line style for OTE levels. Settings to determine whether to show prices on level labels. Settings to decide if lines should be extended to the right.
Pine Script®指標
由outofoptions提供
7
Monday_Weekly_Range/ErkOzi/Deviation Level/V1"Hello, first of all, I believe that the most important levels to look at are the weekly Fibonacci levels. I have planned an indicator that automatically calculates this. It models a range based on the weekly opening, high, and low prices, which is well-detailed and clear in my scans. I hope it will be beneficial for everyone. ***The logic of the Monday_Weekly_Range indicator is to analyze the weekly price movement based on the trading range formed on Mondays. Here are the detailed logic, calculation, strategy, and components of the indicator: ***Calculation of Monday Range: The indicator calculates the highest (mondayHigh) and lowest (mondayLow) price levels formed on Mondays. If the current bar corresponds to Monday, the values of the Monday range are updated. Otherwise, the values are assigned as "na" (undefined). ***Calculation of Monday Range Midpoint: The midpoint of the Monday range (mondayMidRange) is calculated using the highest and lowest price levels of the Monday range. ***Fibonacci Levels: // Calculate Fibonacci levels fib272 = nextMondayHigh + 0.272 * (nextMondayHigh - nextMondayLow) fib414 = nextMondayHigh + 0.414 * (nextMondayHigh - nextMondayLow) fib500 = nextMondayHigh + 0.5 * (nextMondayHigh - nextMondayLow) fib618 = nextMondayHigh + 0.618 * (nextMondayHigh - nextMondayLow) fibNegative272 = nextMondayLow - 0.272 * (nextMondayHigh - nextMondayLow) fibNegative414 = nextMondayLow - 0.414 * (nextMondayHigh - nextMondayLow) fibNegative500 = nextMondayLow - 0.5 * (nextMondayHigh - nextMondayLow) fibNegative618 = nextMondayLow - 0.618 * (nextMondayHigh - nextMondayLow) fibNegative1 = nextMondayLow - 1 * (nextMondayHigh - nextMondayLow) fib2 = nextMondayHigh + 1 * (nextMondayHigh - nextMondayLow) ***Fibonacci levels are calculated using the highest and lowest price levels of the Monday range. Common Fibonacci ratios such as 0.272, 0.414, 0.50, and 0.618 represent deviation levels of the Monday range. Additionally, the levels are completed with -1 and +1 to determine at which level the price is within the weekly swing. ***Visualization on the Chart: The Monday range, midpoint, Fibonacci levels, and other components are displayed on the chart using appropriate shapes and colors. The indicator provides a visual representation of the Monday range and Fibonacci levels using lines, circles, and other graphical elements. ***Strategy and Usage: The Monday range represents the starting point of the weekly price movement. This range plays an important role in determining weekly support and resistance levels. Fibonacci levels are used to identify potential reaction zones and trend reversals. These levels indicate where the price may encounter support or resistance. You can use the indicator in conjunction with other technical analysis tools and indicators to conduct a more comprehensive analysis. For example, combining it with trendlines, moving averages, or oscillators can enhance the accuracy. When making investment decisions, it is important to combine the information provided by the indicator with other analysis methods and use risk management strategies. Thank you in advance for your likes, follows, and comments. If you have any questions, feel free to ask."
Pine Script®指標
由ErkOzi提供
OTE optimal trade entry (ICT); visible chart only: Dynamic-simple tool based on ICT free YouTube material of many years. -Highlights a box showing Optimal Trade Entry (OTE): 61.8% - 78.6% retracement -Auto shifts depending on Bull or Bear move on chart. --If visible chart is Bullish (low then high): shows OTE box 61.8-78.6% retracement down from the high --If visible chart is Bearish (high then low): shows OTE box 61.8-78.6% retracement up from the low -Thanks the use of PineCoders Visible Chart Library, and some of the example code there
Pine Script®指標
由twingall提供
37