ETH 1-2-3 Rigor Strategy Entry & 2:1 Risk-Rewar- By: Labaxuria

Descrição em Inglês (Copy & Paste):
This script is a technical analysis tool designed specifically for ETH/USDT on Daily (1D) and Weekly (1W) timeframes. It identifies the classic 1-2-3 reversal pattern to provide high-probability entry points with a strictly disciplined risk management approach.

Core Features:

C3 Trigger Identification: The indicator highlights the "Candle 3" (Confirmation Candle) where the breakout of "Point 2" occurs, validating the market structure shift.

Automated 2:1 Risk-Reward: Upon a BUY or SELL signal, the script automatically plots a Red Line (Stop Loss) at the recent pivot and a Green Line (Take Profit) at a fixed 2:1 ratio. This ensures that every win is twice the size of a potential loss.

Trend Filtering (Gray Line): It includes a 20-period Moving Average to ensure trades are aligned with the prevailing market momentum.

Compression Detection (White Candles): Identifies "Inside Bars" by coloring the candle body or borders white. This warns the trader of price compression and potential volatility buildup before a breakout.

How to Use:

BUY + C3: Enter long when the price closes above Point 2, ideally while trading above the gray 20-SMA.

SELL + C3: Enter short when the price closes below Point 2, ideally while trading below the gray 20-SMA.

Exit Strategy: Follow the plotted levels strictly. Exit at the red line to protect capital or at the green line to book profits.