High Accuracy Reversal Indicator 🔻🔺High Accuracy Reversal Indicator 🔻🔺 is a powerful custom indicator designed to detect precise market reversal points with minimal noise.
🚀 Key Features:
✅ Red 🔻 triangle = potential sell/reversal signal at swing highs
✅ Green 🔺 triangle = potential buy/reversal signal at swing lows
✅ ATR-based filtering to reduce false signals
✅ Works on any market (Forex, Crypto, Stocks) and any timeframe
✅ Great for scalping, swing trading, or trend reversals
Whether you're a beginner or pro, this tool will help you identify high-probability entries and exits like never before.
🔍 Use with price action or your favorite trend indicator for best results.
Tiện ích Pine
Box Range with RSI Divergence (OKX)Strategy Name: Box Range with RSI Divergence (Dynamic Fibonacci DCA Logic for OKX Signals)
This advanced trading strategy integrates Box Range Breakout, Dynamic DCA (Dollar-Cost Averaging) based on Fibonacci levels, and RSI Divergence to build a robust and adaptive trading system. The strategy is designed to dynamically adjust its position size based on market conditions and account performance, while providing precise entry and exit signals compatible with OKX trading bots.
Core Mechanisms:
Box Range Logic:
The strategy identifies the highest and lowest price levels within a defined box length (e.g., 333 bars).
These levels act as dynamic support and resistance zones, triggering trades when prices break out or revert from these levels.
RSI Divergence for Entry & Exit:
Detects bullish RSI divergence at key support levels for potential long entries.
Detects bearish RSI divergence at resistance levels for short exits or reversals.
RSI divergence helps confirm the strength of breakouts or reversals, reducing false signals.
Dynamic Fibonacci-Based DCA for Loss Recovery:
When a position moves into a loss, the strategy applies Dynamic Dollar-Cost Averaging (DCA).
Position-sizing is calculated using Fibonacci adjustment factors based on the percentage drawdown.
This ensures that larger positions are added at key Fibonacci retracement levels to improve the average entry price.
Dynamic Fibonacci-Based Exit for Profit Maximization:
As a position moves into profit, Dynamic Fibonacci Profit Scaling is used.
Gradual position reductions occur at Fibonacci extension levels, locking in profits dynamically as prices trend favorably.
Adaptive Position Sizing:
Entry and exit amounts are dynamically adjusted based on the account balance, current drawdown, and market conditions.
Prevents overleveraging while maximizing capital efficiency.
Take Profit and Stop Loss:
Configurable percentage-based take profit and stop loss ensure disciplined risk management.
Protects gains and prevents excessive losses in volatile markets.
OKX Bot Signal Integration:
Automatically generates alerts in the OKX signal format, including all required parameters:
Order type (market/limit)
Investment type (percentage-based)
Dynamic position size (calculated automatically)
When to Use This Strategy:
This strategy is ideal for traders who:
Prefer systematic, rule-based trading.
Use automated trading bots like OKX for signal execution.
Want to take advantage of RSI divergence for precision entries and exits.
Require adaptive position management for both loss recovery and profit scaling.
中文描述 (Chinese Description)
策略名称: Box Range with RSI Divergence (动态斐波那契 DCA 策略,支持 OKX 信号格式)
这是一种高级交易策略,结合了 箱体区间突破、基于 斐波那契动态加仓 (DCA) 和 盈利动态斐波那契离场 的逻辑,同时配合 RSI 背离检测,构建出一个高度自适应的交易系统。此策略可根据市场条件及账户表现动态调整仓位大小,并生成与 OKX 交易机器人兼容的精确入场与离场信号。
核心机制:
箱体区间逻辑:
策略通过定义的 箱体周期(例如 333 根 K 线)检测最高点和最低点。
这些点位作为动态的 支撑和阻力区域,当价格突破或从这些区域反弹时触发交易信号。
RSI 背离检测:
在支撑区域检测到 RSI 看涨背离 时触发多头开仓信号。
在阻力区域检测到 RSI 看跌背离 时触发空头平仓或反转信号。
RSI 背离确认了突破或反转的强度,有助于过滤虚假信号。
基于斐波那契的动态加仓 (DCA):
当仓位进入亏损状态时,策略应用 动态加仓 (DCA)。
加仓比例基于 斐波那契调整因子 和 亏损百分比 计算。
在关键斐波那契回撤位进行加仓,从而优化持仓均价,快速恢复盈利能力。
基于斐波那契的盈利动态离场:
当仓位进入盈利状态时,策略应用 盈利动态斐波那契离场。
在价格到达斐波那契扩展位时逐步减仓,动态锁定利润。
自适应仓位管理:
根据账户余额、当前亏损情况及市场条件动态调整开仓与平仓金额。
避免过度杠杆的同时,充分利用资金效率。
止盈与止损管理:
提供基于百分比的止盈与止损设置,确保纪律化的风险管理。
在极端行情中保护盈利,限制亏损。
OKX 交易信号集成:
自动生成兼容 OKX 信号格式 的警报:
包括订单类型(市价/限价)、投资类型(百分比仓位)、动态仓位大小等参数。
适用场景:
此策略适合以下交易者:
偏好 系统化、规则化交易 的用户。
使用 OKX 自动化交易机器人 进行信号执行的用户。
需要通过 RSI 背离 精确捕捉入场与离场时机的用户。
需要 自适应仓位管理 来应对亏损和锁定盈利的用户。
核心亮点 (Key Highlights)
箱体突破 + RSI 背离确认:
结合动态支撑/阻力与指标背离,精准捕捉趋势反转与延续。
动态斐波那契加仓与离场:
亏损时按斐波那契比例动态加仓,优化均价。
盈利时按斐波那契扩展位逐步减仓,动态锁定收益。
OKX 信号兼容:
信号格式完全符合 OKX 机器人要求,支持自动化交易。
适配账户动态调整:
基于账户余额与亏损比例自动调整仓位,灵活应对不同市场环境。
止盈止损风控:
内置动态止盈与止损,合理控制风险。
中文最后提醒一下注意改里面参数,英文的描述我就不提醒了,老外都觉得比华人聪明,让他们自己去看去改,箱体参数越大,加仓越不频繁,箱体参数越小加仓越频繁,加仓参数设置小,箱体K线周期设置小,加仓参数设置大,箱体就要设置大,不然就是baocang.
Futures/CFD converterMy take on converting the futures to CFD in real time and keeping it in the same window. This is written with help of POE App Builder, I will iterate and see where it leads me.
GranDoc - Week, Day, Month, and Session Separator5Indicator Name: GranDoc's - Week, Day, Month, and Session Separator
Version: Pine Script v5
Author: Jonpaul Nnamdi Opara (GranDoc )
Description
The "GranDoc - Week, Day, Month, and Session Separator" is a highly customizable TradingView indicator designed to enhance chart analysis by visually marking critical time-based transitions. Developed by Jonpaul Nnamdi Opara, this tool plots vertical lines with labels or background highlights to denote the start and end of weeks, days, months, and major trading sessions (Frankfurt, London, NY Morning, NY Afternoon, Sydney, and Tokyo). Traders can tailor colors, line styles, widths, transparency, and session times to align with their strategies and timezones.
Ideal for forex, stocks, futures, and crypto traders, this indicator simplifies the identification of key market periods—such as session openings/closings or new weeks—that often signal increased volatility or trend shifts. It’s optimized for intraday timeframes for session separators but supports all timeframes for week, day, and month markers, making it a versatile addition to any trader’s toolkit.
Features
Week Separators: Marks Monday starts with customizable lines and "Week Start" labels.
Day Separators: Highlights daily openings with lines and "Day Start" labels.
Month Separators: Indicates new months with lines and "Month Start" labels.
Session Separators: Plots lines and labels for major trading sessions’ start and end:
Frankfurt (default: 07:00–15:00 UTC)
London (default: 08:00–16:00 UTC)
NY Morning (default: 13:00–16:00 UTC)
NY Afternoon (default: 16:00–21:00 UTC)
Sydney (default: 22:00–06:00 UTC)
Tokyo (default: 00:00–08:00 UTC)
Timezone Support: Adjusts session times with a UTC offset (±12 hours).
Display Flexibility : Toggle between labeled vertical lines or background highlights.
Customization: Fine-tune colors, line styles (solid, dashed, dotted), widths, and transparency.
Background Mode: Highlights periods with translucent backgrounds for cleaner charts.
[ i]Labeled Lines: Each line includes descriptive labels (e.g., "London Open", "Tokyo Closed") when not in background mode.
How to Use
Add to Chart:
Copy the script into TradingView’s Pine Editor.
Click "Add to Chart" to apply the indicator.
Customize Settings:
Open settings via double-click or the "Settings" gear icon.
Timezone Offset: Set your UTC offset (e.g., -5 for EST) to align sessions.
Toggles: Enable/disable week, day, month, or session separators.
Appearance: Adjust colors, line styles, widths, and transparency for each separator.
Session Times: Modify start/end hours and minutes if defaults don’t suit your market.
Background Mode: Enable "Show as Background" for colored backgrounds instead of lines, and tweak "Session Background Transparency."
Labels: Labeled lines (e.g., "Sydney Open") appear automatically unless background mode is active.
Chart Compatibility:
Session separators require intraday timeframes (e.g., 1-minute to 4-hour).
Week, day, and month separators work across all timeframes.
Confirm your chart’s timezone aligns with your analysis.
Analyze:
Use separators to pinpoint session transitions, daily openings, or weekly shifts for trade planning.
Labels make it easy to spot key periods on busy charts.
Pair with indicators like RSI, volume, or support/resistance for deeper insights.
Example Use Cases
Forex Trading: Highlight London and NY session opens/closes for high-liquidity entries.
Day Trading: Reset strategies at daily separators and monitor intraday volatility.
Swing Trading: Use week/month separators to track longer-term trends.
Session Focus: Isolate sessions like Tokyo for regional market analysis.
Chart Clarity: Background mode declutters charts while marking key times.
Notes
Session separators are disabled on daily+ timeframes to prevent clutter.
Verify timezone offset for accurate session alignment.
Background mode suits lower timeframes for readability.
Labels are visible only when background mode is disabled.
Feedback
Share your thoughts or suggestions to make this indicator even better! Reach out via TradingView or connect with the author for insights. Happy trading!
About the Author
Dr. Jonpaul Nnamdi Opara, a PhD graduate from Ehime University, Japan, is a researcher and developer specializing in AI and machine learning. His work on automated landslide mapping and defect detection, published in journals like GEOMATE, showcases his precision-driven approach. With the "GranDoc" indicator, Jonpaul brings intuitive, data-driven clarity to financial markets, reflecting his expertise in creating impactful tools.
Win-Loss Streak PlotterWin-Loss Streak Plotter
This indicator tracks the win/loss streaks of moving average crossovers (using simple moving averages for illustration purposes). It calculates the price change after each crossover, marking each as a win (green) or loss (red). The win rate is shown separately.
Inputs:
Source: Price series (default: open)
Fast MA: Fast moving average (default: open)
Slow MA: Slow moving average (default: open)
Total Crosses to Analyze: Number of crossovers to track
Crosses per Row: Number of crossovers per row in the table
Output:
A table displays each crossover’s result (win/loss).
A separate win rate table shows the percentage of wins.
Suggestions are always welcomed!
5 MACD+EMA Setups - Single AlertThis is a trading strategy that is based on the use of the EMA and MACD indicators. It has 5 setups.
NQ/MNQ Position Sizing
Despite having my own position sizing calculator in an excel sheet, the manual process of having to identify my next trade, switch tabs/screens, input my values into the sheet, go back into TV, input the trade parameters with appropriate contract sizing, has always really gotten to me. I also found that I would often miss ideal entries due to the delay this caused.
I searched TV for position sizing calculators but almost all the ones I found seemed to be similar: based on some form of manual input for the entry and stop parameters, many of which had way more settings and parameters than I needed, also over complicated things.
I just needed something that would allow me to dynamically set my entry and stop levels directly on the chart, and spit out the appropriate contracts I should be using, either on NQ or MNQ, to maintain my desired level of risk, so I could quickly execute the necessary trade.
So, I coded my own and it's been a huge help to me already, so I thought I may as well publish the script as can't imagine there aren't others out there that also hate the manual data entry process of calculating risk.
Upon first load, the script will ask you to set your Entry and Stop levels, before drawing respective lines for these on the chart, and calculating contract sizing based on your risk settings, which you can update directly. The reset values may be buggy, will be easier to just remove the script and re-apply it to your chart if you ever lose track of the levels you've set.
Hope it's useful.
Candle Close CountdownPlots a candle close countdown timer ('mm:ss') directly on the chart. It sits in a convenient position slightly offset to the right of the current candle and adjusts up and down as price moves. Really only good for shorter timeframes (i.e. < 1 hour)
B.TCharts That Could Help Earnings For Beginners
I share the changes made to the previously used indicators as I refer to them.
I'd like to refer to it and help!
Entry Signals (SMA50/RSI/MACD/Vol) with Pivot TP/SLIndikator der die im 1m Chart ein Entry Signal mit TP und SL gibt.
RSI Full [Titans_Invest]RSI Full
One of the most complete RSI indicators on the market.
While maintaining the classic RSI foundation, our indicator integrates multiple entry conditions to generate more accurate buy and sell signals.
All conditions are fully configurable, allowing complete customization to fit your trading strategy.
⯁ WHAT IS THE RSI❓
The Relative Strength Index (RSI) is a technical analysis indicator developed by J. Welles Wilder. It measures the magnitude of recent price movements to evaluate overbought or oversold conditions in a market. The RSI is an oscillator that ranges from 0 to 100 and is commonly used to identify potential reversal points, as well as the strength of a trend.
⯁ HOW TO USE THE RSI❓
The RSI is calculated based on average gains and losses over a specified period (usually 14 periods). It is plotted on a scale from 0 to 100 and includes three main zones:
Overbought: When the RSI is above 70, indicating that the asset may be overbought.
Oversold: When the RSI is below 30, indicating that the asset may be oversold.
Neutral Zone: Between 30 and 70, where there is no clear signal of overbought or oversold conditions.
⯁ ENTRY CONDITIONS
The conditions below are fully flexible and allow for complete customization of the signal.
______________________________________________________
🔹 CONDITIONS TO BUY 📈
______________________________________________________
• Signal Validity: The signal will remain valid for X bars .
• Signal Sequence: Configurable as AND/OR .
📈 RSI Conditions:
🔹 RSI > Upper
🔹 RSI < Upper
🔹 RSI > Lower
🔹 RSI < Lower
🔹 RSI > Middle
🔹 RSI < Middle
🔹 RSI > MA
🔹 RSI < MA
📈 MA Conditions:
🔹 MA > Upper
🔹 MA < Upper
🔹 MA > Lower
🔹 MA < Lower
📈 Crossovers:
🔹 RSI (Crossover) Upper
🔹 RSI (Crossunder) Upper
🔹 RSI (Crossover) Lower
🔹 RSI (Crossunder) Lower
🔹 RSI (Crossover) Middle
🔹 RSI (Crossunder) Middle
🔹 RSI (Crossover) MA
🔹 RSI (Crossunder) MA
🔹 MA (Crossover) Upper
🔹 MA (Crossunder) Upper
🔹 MA (Crossover) Lower
🔹 MA (Crossunder) Lower
📈 RSI Divergences:
🔹 RSI Divergence Bull
🔹 RSI Divergence Bear
______________________________________________________
______________________________________________________
🔸 CONDITIONS TO SELL 📉
______________________________________________________
• Signal Validity: The signal will remain valid for X bars .
• Signal Sequence: Configurable as AND/OR .
📉 RSI Conditions:
🔸 RSI > Upper
🔸 RSI < Upper
🔸 RSI > Lower
🔸 RSI < Lower
🔸 RSI > Middle
🔸 RSI < Middle
🔸 RSI > MA
🔸 RSI < MA
📉 MA Conditions:
🔸 MA > Upper
🔸 MA < Upper
🔸 MA > Lower
🔸 MA < Lower
📉 Crossovers:
🔸 RSI (Crossover) Upper
🔸 RSI (Crossunder) Upper
🔸 RSI (Crossover) Lower
🔸 RSI (Crossunder) Lower
🔸 RSI (Crossover) Middle
🔸 RSI (Crossunder) Middle
🔸 RSI (Crossover) MA
🔸 RSI (Crossunder) MA
🔸 MA (Crossover) Upper
🔸 MA (Crossunder) Upper
🔸 MA (Crossover) Lower
🔸 MA (Crossunder) Lower
📉 RSI Divergences:
🔸 RSI Divergence Bull
🔸 RSI Divergence Bear
______________________________________________________
______________________________________________________
🤖 AUTOMATION 🤖
• You can automate the BUY and SELL signals of this indicator.
______________________________________________________
______________________________________________________
⯁ UNIQUE FEATURES
______________________________________________________
Signal Validity: The signal will remain valid for X bars
Signal Sequence: Configurable as AND/OR
Condition Table: BUY/SELL
Condition Labels: BUY/SELL
Plot Labels in the Graph Above: BUY/SELL
Automate and Monitor Signals/Alerts: BUY/SELL
Signal Validity: The signal will remain valid for X bars
Signal Sequence: Configurable as AND/OR
Condition Table: BUY/SELL
Condition Labels: BUY/SELL
Plot Labels in the Graph Above: BUY/SELL
Automate and Monitor Signals/Alerts: BUY/SELL
______________________________________________________
📜 SCRIPT : RSI Full
🎴 Art by : @Titans_Invest & @DiFlip
👨💻 Dev by : @Titans_Invest & @DiFlip
🎑 Titans Invest — The Wizards Without Gloves 🧤
✨ Enjoy the Spell!
______________________________________________________
o Mission 🗺
• Inspire Traders to manifest Magic in the Market.
o Vision 𐓏
• To elevate collective Energy 𐓷𐓏
📝 Expandable NotesA clean and easy-to-use notes dashboard that lets you add up to 10 personal reminders and color-code them for better organization.
TrendTwisterV1.5 (Forex Ready + Indicators)A Precision Trend-Following TradingView Strategy for Forex**
HullShiftFX is a Pine Script strategy for TradingView that combines the power of the **Hull Moving Average (HMA)** and a **shifted Exponential Moving Average (EMA)** with multi-layered momentum filters including **RSI** and **dual Stochastic Oscillators**.
It’s designed for traders looking to catch high-probability breakouts with tight risk management and visual clarity.
Chart settings:
1. Select "Auto - Fits data to screen"
2. Please Select "Scale Price Chart Only" (To make the chart not squished)
### ✅ Entry Conditions
**Long Position:**
- Price closes above the 12-period Hull Moving Average.
- Price closes above the 5-period EMA shifted forward by 2 bars.
- RSI is above 50.
- Stochastic Oscillator (12,3,3) %K is above 50.
- Stochastic Oscillator (5,3,3) %K is above 50.
- Hull MA crosses above the shifted EMA.
**Short Position:**
- Price closes below the 12-period Hull Moving Average.
- Price closes below the 5-period EMA shifted forward by 2 bars.
- RSI is below 50.
- Stochastic Oscillator (12,3,3) %K is below 50.
- Stochastic Oscillator (5,3,3) %K is below 50.
- Hull MA crosses below the shifted EMA.
---
## 📉 Risk Management
- **Stop Loss:** Set at the low (for long) or high (for short) of the previous 2 candles.
- **Take Profit:** Calculated at a risk/reward ratio of **1.65x** the stop loss distance.
---
## 📊 Indicators Used
- **Hull Moving Average (12)**
- **Exponential Moving Average (5) **
- **Relative Strength Index (14)**
- **Stochastic Oscillators:**
- %K (12,3,3)
- %K (5,3,3)
Futures Position Size CalculatorFutures Position Size Calculator by vmkhats
Streamline your futures trading risk management with this intuitive Pine Script utility designed for TradingView. Created by vmkhats, this tool automates position sizing calculations for popular futures contracts, ensuring precise risk control while eliminating manual errors.
Key Features:
Supports 15+ Instruments: Trade confidently with preconfigured settings for indices (ES, NQ, RTY), commodities (CL, GC), currencies (6E), and micro contracts (MES, MNQ, MCL).
Customizable Inputs: Set your risk amount (e.g., $1,000) and stop-loss size in points, tailored to your strategy.
Automatic Calculations: The script computes stop-loss size in ticks, risk per contract, and optimal position size using floor rounding to prevent over-leveraging.
Clear Visual Output: A table displays results (instrument, risk, stop size, contracts) with color-coded alerts for invalid configurations (e.g., zero position size).
Ideal for both novice and seasoned traders, this utility enforces disciplined risk management while saving time. Enhance your TradingView workspace with this essential tool and trade futures with confidence.
Created by vmkhats — ensuring traders stay precise, proactive, and risk-aware.
Futures Position Size CalculatorFutures Position Size Calculator by vmkhats
Streamline your futures trading risk management with this intuitive Pine Script utility designed for TradingView. Created by vmkhats, this tool automates position sizing calculations for popular futures contracts, ensuring precise risk control while eliminating manual errors.
Key Features:
Supports 15+ Instruments: Trade confidently with preconfigured settings for indices (ES, NQ, RTY), commodities (CL, GC), currencies (6E), and micro contracts (MES, MNQ, MCL).
Customizable Inputs: Set your risk amount (e.g., $1,000) and stop-loss size in points, tailored to your strategy.
Automatic Calculations: The script computes stop-loss size in ticks, risk per contract, and optimal position size using floor rounding to prevent over-leveraging.
Clear Visual Output: A table displays results (instrument, risk, stop size, contracts) with color-coded alerts for invalid configurations (e.g., zero position size).
Ideal for both novice and seasoned traders, this utility enforces disciplined risk management while saving time. Enhance your TradingView workspace with this essential tool and trade futures with confidence.
Created by vmkhats — ensuring traders stay precise, proactive, and risk-aware.
RSI Divergence Strategy (3-Minute Base Rules with Backtest)ENGLISH (Main Description)
This Pine Script implements an advanced RSI Divergence Strategy with integration for OKX automated trading signals. It is designed to detect bullish and bearish divergences in RSI, with the following key features:
Base Rule on 3-Minute RSI:
The strategy uses a 3-minute timeframe RSI as the base rule to restrict trade directions:
If RSI ≤ 50, only long positions are allowed.
If RSI ≥ 50, only short positions are allowed.
Divergence Detection:
Bullish Divergence: When price makes a new low, but RSI fails to make a new low.
Bearish Divergence: When price makes a new high, but RSI fails to make a new high.
The divergence detection is based on the current selected timeframe.
OKX Signal Integration:
The script outputs trading signals in JSON format, compatible with OKX automated trading bots.
Signals include detailed information such as action type (ENTER_LONG or ENTER_SHORT), instrument, order type, and investment amount.
Backtest Enabled:
This script is fully backtest-ready, allowing users to test historical performance using TradingView's strategy tester.
Parameters like RSI length and divergence lookback period can be customized for optimization.
Visual Signal Markers:
When a valid trade signal is detected, it is displayed on the chart with green ("LONG") or red ("SHORT") arrows for easy visualization.
This strategy is ideal for active traders looking to combine divergence-based trading with automated execution on OKX. It works best on volatile assets and can be further optimized by adjusting the input parameters.
中文:
该 Pine Script 实现了一个先进的 RSI 背离策略,并集成 OKX 自动交易信号,主要功能如下:
基于 3 分钟 RSI 的规则:
使用 3 分钟 RSI 限制交易方向:
当 RSI ≤ 50 时,只允许开多。
当 RSI ≥ 50 时,只允许开空。
背离检测:
看涨背离:价格创新低但 RSI 未创新低。
看跌背离:价格创新高但 RSI 未创新高。
背离检测基于当前选择的时间周期。
OKX 信号集成:
以 JSON 格式输出交易信号,可直接应用于 OKX 自动交易机器人。
支持回测:
提供完整的回测功能,可通过 TradingView 策略测试器评估历史表现。
信号可视化:
在图表上显示多头和空头信号,便于观察和验证。
此策略适合希望结合 RSI 背离和自动化交易的活跃交易者,尤其适用于波动性较高的资产。通过调整参数可以进一步优化策略效果。
默认设置
RSI Length: 14
Divergence Lookback Period: 33
Base Timeframe: 3-Minute RSI
伦敦开盘突破策略 V3(含统计+盈亏比)Used for 5-minute BTC perpetual contracts, open an order with a fixed position of 0.1 BTC and a balance of USD 1,000. COINBASE:BTCUSD
ATH Levels with % DistanceThis Indicator for Use in Pine Scanner for find the Latest Distance from All Time High
is also make a Pine Scanners to search on Watchlist.
TuxTune - Dynamic Vertical LineDynamic vertical line. Can be used to help gauge the size of the candles/price range.
Niveles intradía reinicio diario📌 Script Description: Projected Intraday Fibonacci Levels from 02:00 (Madrid)
This advanced Fibonacci level indicator is specially designed for intraday traders who seek high-precision reaction zones starting from a fixed daily control point.
🕑 How does it work?
Each day at 02:00 Madrid time (GMT+1), the indicator captures the opening price of that candle as the base level (0.84), and then projects upper and lower levels based on custom, non-standard but highly effective proportions.
🔢 Included Levels:
Upper levels: 0.068, 0.42, 0.21, 0, and extensions to 1.79, 2.00
Lower levels: 1, 1.26, 1.47, 1.68, 1.89, 2.10
Key level (0.84): visually highlighted in light blue for quick reference
💼 Use Cases — Ideal for:
Detecting high-confluence entry and exit zones
Spotting reversals or continuations from projected areas
Building intraday strategies based on breakouts, pullbacks, or mean reversion
🎯 Key Advantage:
Unlike traditional Fibs that use the high/low of the day, this tool activates at a fixed time (02:00), allowing for consistency, automation, and daily comparability.