PROTECTED SOURCE SCRIPT

Multi-Confirmation Fib Zones

36
This indicator combines **dynamic Fibonacci-style price zones** with a **multi-signal confirmation layer** to highlight areas where reactions are more likely to matter.

Core purpose

* Map out **contextual price areas** derived from recent market ranges.
* Provide a structured way to read potential **reaction / continuation zones** without relying on a single input.

Zone framework

* The tool continuously tracks the market’s recent extremes and builds **adaptive reference zones** around them.
* It can display both **bullish-context** and **bearish-context** zones, depending on the current market behavior.

Confirmation layer (confluence concept)

Instead of treating any zone touch as a signal, it evaluates **multiple market perspectives**, such as:

* momentum pressure,
* momentum shifts,
* short-term oscillation balance,
* participation / activity confirmation.

Signals are intended to be interpreted only when **several views align**, helping reduce false positives.

Practical use

* Useful for traders who want **structured levels + confirmation** in one visual workflow.
* Can support both **trend continuation** and **reaction-based setups**, depending on broader context.
* Best treated as a **decision support system** (a “dashboard”), not a standalone trade trigger.

Best conditions

* Works best when markets are **respecting ranges and reacting at obvious areas**.
* In extremely noisy, thin, or news-driven spikes, confirmations may desync and require more discretion.

*For educational and analytical purposes only. Always validate across different instruments and timeframes.*

Thông báo miễn trừ trách nhiệm

Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.