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RSI For LoopTitle: RSI For Loop SurgeQuant’s RSI with Threshold Colors and Bar Coloring indicator is a sophisticated tool designed to identify overbought and oversold conditions using a customizable Relative Strength Index (RSI). By averaging RSI over a user-defined lookback period, this indicator provides clear visual signals for bullish and bearish market conditions. The RSI line and price bars are dynamically colored to highlight momentum, making it easier for traders to spot potential trading opportunities. How It Works RSI Calculation: Computes RSI based on a user-selected price source (Close, High, Low, or Open) with a configurable length (default: 5). Optional moving average smoothing refines the RSI signal for smoother analysis. Lookback Averaging: Averages the RSI over a user-defined lookback period (default: 5) to generate a stable momentum indicator, reducing noise and enhancing signal reliability. Threshold-Based Signals: Long Signal: Triggered when the averaged RSI exceeds the upper threshold (default: 52), indicating overbought conditions. Short Signal: Triggered when the averaged RSI falls below the lower threshold (default: 48), indicating oversold conditions. Visual Representation The indicator provides a clear and customizable visual interface: Green RSI Line and Bars: Indicate overbought conditions when the averaged RSI surpasses the upper threshold, signaling potential long opportunities. Red RSI Line and Bars: Indicate oversold conditions when the averaged RSI drops below the lower threshold, signaling potential short opportunities. Neutral Gray RSI Line: Represents RSI values between thresholds for neutral market conditions. Threshold Lines: Dashed gray lines mark the upper and lower thresholds on the RSI panel for easy reference. Customization & Parameters The RSI with Threshold Colors and Bar Coloring indicator offers flexible parameters to suit various trading styles: Source: Select the input price (default: Close; options: Close, High, Low, Open). RSI Length: Adjust the RSI calculation period (default: 5). Smoothing: Enable/disable moving average smoothing (default: enabled) and set the smoothing length (default: 10). Moving Average Type: Choose from multiple types (SMA, EMA, DEMA, TEMA, WMA, VWMA, SMMA, HMA, LSMA, ALMA; default: ALMA). ALMA Sigma: Configure the ALMA smoothing parameter (default: 5). Lookback Period: Set the period for averaging RSI (default: 5). Thresholds: Customize the upper (default: 52) and lower (default: 48) thresholds for signal generation. Color Settings: Transparent green and red colors (70% transparency) for bullish and bearish signals, with gray for neutral states. Trading Applications This indicator is versatile and can be applied across various markets and strategies: Momentum Trading: Highlights strong overbought or oversold conditions for potential entry or exit points. Trend Confirmation: Use bar coloring to confirm RSI-based signals with price action on the main chart. Reversal Detection: Identify potential reversals when RSI crosses the customizable thresholds. Scalping and Swing Trading: Adjust parameters (e.g., RSI length, lookback) to suit short-term or longer-term strategies. Final Note SurgeQuant’s RSI with Threshold Colors and Bar Coloring indicator is a powerful tool for traders seeking to leverage RSI for momentum and reversal opportunities. Its combination of lookback-averaged RSI, dynamic threshold signals, and synchronized RSI and bar coloring offers a robust framework for informed trading decisions. As with all indicators, backtest thoroughly and integrate into a comprehensive trading strategy for optimal results.
Pine Script® indicator
by SurgeQuant
Market Killer & Scalper [SUKH-X] [Only 1% can understand it]Advanced XAUUSD Scalper Pro - Complete Trading System 🎯 Overview The Advanced XAUUSD Scalper Pro is a comprehensive Pine Script indicator specifically designed for scalping XAUUSD (Gold/USD) on 5-minute timeframes. This professional-grade tool combines multiple technical analysis methods to provide high-accuracy entry and exit signals for short-term traders. 🔧 Core Features Dynamic Support & Resistance System Automatic Pivot Detection : Identifies key pivot highs and lows based on customizable strength settings Visual S&R Boxes : Color-coded boxes highlighting support (green) and resistance (red) zones Adaptive Levels : Maintains up to 10 dynamic S&R levels that update in real-time Breakout Detection : Alerts when price breaks through significant levels with volume confirmation Advanced Breakout Analysis [ /i] Threshold-Based Detection : Customizable breakout percentage thresholds (default 0.02%) Volume Confirmation : Optional volume spike validation for stronger signals Consolidation Zones : Identifies sideways markets before potential breakouts Multi-Timeframe Support : Works across different timeframes with adaptive parameters ### **Reversal Signal System** - **RSI Integration**: 14-period RSI with customizable overbought (70) and oversold (30) levels - **Stochastic Oscillator**: Dual %K and %D lines for momentum confirmation - **Candlestick Patterns**: Incorporates bullish/bearish candlestick analysis - **Divergence Detection**: Identifies potential trend reversals at key levels ### **Scalping Optimization** - **Dual EMA System**: Fast EMA (8) and Slow EMA (21) for trend direction - **ATR-Based Calculations**: Dynamic stop-loss and take-profit levels using Average True Range - **Trend Strength Filter**: Background coloring indicates strong uptrends (green) and downtrends (red) - **Noise Reduction**: Filters out false signals in choppy market conditions ## 📊 **Visual Elements** ### **Signal Types** - **🟢 Green Triangle Up**: Long entry signal with confluence of bullish factors - **🔴 Red Triangle Down**: Short entry signal with bearish confirmation - **🟡 Yellow X**: Exit signals for both long and short positions - **Blue/Orange Lines**: Fast and slow EMAs for trend visualization ### **Information Dashboard** - **Real-Time Statistics**: Live price, ATR, RSI, trend direction, and volume status - **S&R Level Counter**: Shows active support and resistance levels - **Consolidation Indicator**: Identifies low-volatility periods - **Market Condition**: Current trend strength and direction ## ⚙️ **Customizable Parameters** ### **Support & Resistance Settings** - S&R Period: 5-100 (default: 20) - S&R Strength: 1-5 (default: 2) - Maximum S&R Levels: 3-10 (default: 5) - Visual box display toggle ### **Breakout Configuration** - Breakout threshold: 0.01%-0.1% (default: 0.02%) - Volume confirmation on/off - Minimum consolidation bars: 5-50 (default: 10) ### **Reversal Settings** - RSI period: 2-50 (default: 14) - Overbought/oversold levels: customizable - Stochastic %K and %D periods ### **Scalping Parameters** - Fast EMA: 3-20 (default: 8) - Slow EMA: 10-50 (default: 21) - ATR period and multiplier for risk management ## 🚀 **Best Practices** ### **Optimal Setup** - **Timeframe**: 5-minute charts (can be adapted for 1m, 3m, 15m) - **Instrument**: XAUUSD (Gold/USD) - specifically optimized for gold volatility - **Session**: Best during London and New York overlaps - **Market Conditions**: Most effective in trending and breakout scenarios ### **Risk Management** - Use ATR multiplier (1.5x default) for stop-loss placement - Take profit at 2:1 or 3:1 risk-reward ratios - Enable volume confirmation for higher-probability trades - Monitor news events that affect gold prices ### **Signal Interpretation** - **Strong Signals**: Multiple confirmations (trend + S&R + momentum) - **Weak Signals**: Single indicator signals during consolidation - **Exit Strategy**: Use yellow X markers or when price hits opposite EMA ## 📈 **Performance Features** ### **Accuracy Enhancements** - **Multi-Confirmation System**: Requires multiple technical factors to align - **False Signal Filtering**: Reduces noise through trend and volume filters - **Adaptive Levels**: S&R levels update based on recent price action - **Market Structure Analysis**: Considers overall market context ### **Alert System** - **Entry Alerts**: Long and short signal notifications - **Exit Alerts**: Position closure recommendations - **Level Alerts**: S&R breakout notifications - **Custom Messages**: Detailed alert information including price and ATR ## 🎨 **Visual Customization** - Toggle all visual elements on/off - Customizable colors and transparency - Adjustable line widths and styles - Statistics table positioning - Background coloring for trend identification ## 📋 **Technical Requirements** - Pine Script v5 compatible - Maximum 500 boxes and lines for optimal performance - Real-time data feed recommended - Works on TradingView Pro, Pro+, and Premium plans ## 🔍 **Unique Selling Points** 1. **XAUUSD Specific**: Optimized parameters for gold's unique volatility patterns 2. **Scalping Focus**: Designed for quick entries and exits with minimal lag 3. **Complete System**: Combines trend, momentum, and S&R analysis 4. **Professional Grade**: Institutional-quality technical analysis 5. **User-Friendly**: Intuitive visual signals with comprehensive customization ## ⚠️ **Disclaimer** This indicator is a technical analysis tool designed to assist in trading decisions. It should not be used as the sole basis for trading decisions. Always combine with proper risk management, fundamental analysis, and market awareness. Past performance does not guarantee future results. Trading gold (XAUUSD) involves substantial risk and may not be suitable for all investors. ## 🏷️ **Tags** `XAUUSD` `Gold` `Scalping` `Support` `Resistance` `Breakout` `Reversal` `EMA` `RSI` `Stochastic` `ATR` `Volume` `Alerts` `5min` `Intraday`
Pine Script® indicator
by chhajugwmk
7
ZY Legend İndikatörü (Hedge Modda)The ZY Legend Indicator (in Hedge Mode) can be used with the ZY Legend Indicator. When used alone, it allows entering into a transaction in an already established trend. Its use with the ZY Legend Indicator is as follows: When transactions taken with the ZY Legend Indicator are hedged with the signals of the same indicator, it shows the TP target of the position performing the hedge transaction (the last opened position). When the relevant TP signal arrives, the position should be closed with a market order, and the profit/loss from the position should be added to or deducted from the profit/loss of the main position at the TP target.
Pine Script® indicator
by zekeriyayaman20
XAUUSD - KEM-CHE IndicatorA simple indicator that support XAUUSD traders who follow KEM day trading system to identify the opportunities during the valid trading sessions, with SL and TP automatically calculated. NOTEs: - Early Exit is a feature that wasn't defined in KEM day trading system, so use it at your own risks. - Win rate calculation is mainly for quick confirmation purposes. Please verify the strategy performance using the published KEMCHE Strategy instead (Link: )
Pine Script® indicator
by kenkemdayfx
Crptopastor support & Resistance ProWhat is “Cryptopastor SR Pro (v2)”? An adaptive support-and-resistance engine that clusters swing points into price zones , then auto-draws trade plans (entry, stop-loss, multi-stage take-profits) and breakout alerts — in a single, self-contained Pine v6 study. Why traders use it Cuts through chart noise by keeping only the strongest confluence zones. Updates widths automatically to match recent volatility. Plots ready-made long or short setups you can accept, ignore or tweak. Fires alerts the instant price closes across a zone’s midpoint. Works on any symbol and any timeframe, from 1 min scalps to weekly swing charts. How it works (under the hood) Pivot harvesting – Every bar, the script scans the last prd candles for confirmed highs/lows with ta.pivothigh / ta.pivotlow . Data pool maintenance – It stores only the most recent maxnumpp pivots, keeping the dataset light. Clustering – Pivots lying inside a dynamic channel width ( ChannelW % of the past 300-bar range) merge into a common zone. Strength scoring – Each zone’s score = number of pivots inside it. The top maxnumsr zones that beat min_strength survive; weaker or overlapping zones are discarded. Visual rendering – Zones appear as translucent boxes: lime below price (potential support) or red above (potential resistance). Mid-prices are auto-labelled with timeframe + value. Breakout detection – When a candle closes across any zone midpoint, an alert fires (“Support Broken” / “Resistance Broken”). Trade-plan overlay (optional) – The script finds the closest valid zone and prints:  • Entry at midpoint  • Stop-loss buffered by sl_buffer_pct of zone height  • Up to num_tp_levels take-profit labels on successive opposite zones Key inputs & typical tweaks Pivot Period (prd) – Higher on H4/D1, lower on scalps. Source – “High/Low” (classic) or “Close/Open” for body-based pivots. Maximum Channel Width % – Tighten in ranging markets, widen in trending ones. Minimum Strength – Raise to display only the most respected zones. Show Trade Setups – Toggle if you want a pure S/R map without entries/SL/TPs. Practical guide Add the indicator to your chart and adjust ChannelW % until each zone looks realistic for your symbol’s volatility. Hover a zone to view its pivot count; more pivots = stronger level. Enable alerts → “Support or Resistance Broken” to catch live momentum shifts. If you trade the built-in setups, confirm them with your own filters (volume, trend filters, etc.) and size positions around the printed stop-loss. Disable the Trade Setup layer when back-testing other strategies — the S/R boxes remain. What makes it different from classic horizontal lines? Zone widths breathe with market range instead of staying fixed. Self-filtering strength score removes the clutter of weak levels. Integrated, label-based trade plans eliminate spreadsheet math. Pure price-action logic — no MAs, RSI, Bollinger Bands or repackaged public code. Pine-snip preview // simplified glimpse only float ph = ta.pivothigh(high, prd, prd) float pl = ta.pivotlow(low, prd, prd) // …clustering & scoring… Disclaimer This indicator is a technical-analysis tool, not financial advice. Test thoroughly on demo or small size before risking capital.
Pine Script® indicator
by cryptopastor001
Peak TradePeakTrade AI Strategy The PeakTrade AI strategy is an advanced crypto trading system, specifically optimized for the 15-minute BTC/USDT.P chart. It is not recommended for use on other timeframes or different assets. One of the key components of the strategy is Alpha Trend, which uses a custom calculation based on ATR (Average True Range) to measure market volatility. It also incorporates momentum indicators like RSI (Relative Strength Index) and MFI (Money Flow Index) to determine the direction of the trend. This allows for a dynamic and real-time identification of trend strength and direction. While the commonly used ATR multiplier is 3.0, PeakTrade AI internally determines the most suitable value for its strategy. In addition, it uses adaptive threshold levels for RSI and MFI to calculate trend levels that continuously adjust to changing market conditions. This dynamic adjustment significantly improves signal accuracy. The strategy also integrates the Zero Lag Hull Moving Average (HMA) to track market momentum and direction with minimal delay. Compared to traditional moving averages, HMA responds faster to price action, offering an edge in identifying precise entry and exit points. Specifically, the strategy analyzes the interaction between 46-period and 200-period HMAs, using mathematical momentum calculations to determine optimal entry and exit conditions. Originality and Confirmation System This strategy is not a simple combination of open-source indicators. It introduces a unique confirmation mechanism by analyzing USDT Dominance (USDT.D) data across multiple timeframes (1, 3, 5, 15, and 240 minutes). This allows it to assess market sentiment and risk appetite, effectively filtering out trades during unfavorable conditions. This filtering system improves the signal confirmation rate by up to 20%. Additionally, moving average filters and volatility-based confirmation mechanisms are used to reduce false signals and enhance the overall reliability of trade entries. Default Backtest Settings: Date Range: 01.01.2025 – 01.07.2025 Initial Capital: 1000 USDT Leverage: 10x Commission: 0.075% Slippage: 0.1% Average Risk/Reward Ratio: 2.917 Timeframe: Only for 15-minute charts Optimized TP/SL Values for Risk Management: Take-Profit (TP): 6.6% Stop-Loss (SL): 2.0% These values have been specifically optimized to balance profitability and risk, and have shown the best performance within the defined backtest period.
Pine Script® strategy
by PeakTradeAIOG
xGhozt Wickless Candle Streak ProbabilityThe xGhozt Wickless Candle Streak Probability is a custom Pine Script indicator designed to identify and quantify the occurrence of consecutive "wickless" candles of the same trend (either bullish or bearish). Key Features: Wickless Candle Detection: It first identifies candles that lack an upper or lower wick (meaning their open/close is equal to their high/low, respectively). Consecutive Streak Tracking: The indicator tracks how many wickless bullish candles occur in a row, and similarly for wickless bearish candles. User-Defined Streak Length: You can specify a Streak Length in the indicator's settings. This defines how many consecutive wickless candles are needed to register a "streak." Probability Calculation: For the chosen Streak Length, the indicator calculates the historical probability (as a percentage) of encountering such a streak for both bullish and bearish wickless candles. This is done by dividing the number of times a streak of that length has occurred by the total number of candles scanned. On-Chart Display: The results, including the total wickless candles, total scanned candles, and the calculated streak probabilities, are displayed in a convenient table directly on your chart. Purpose: This indicator helps traders and analysts understand the historical likelihood of sustained, strong directional moves as indicated by consecutive wickless candles. By quantifying these probabilities, it can provide insights into potential continuation patterns or extreme market conditions, which might be useful for developing trading strategies or confirming market biases.
Pine Script® indicator
by xGhozt
xGhozt Wickless Candles with TailSimple script showing candles missing an upper or lower wick. As candles tend to have a low and a high, they will most certainly form wicks. It is rare to have wickless candles on longer time frames, so it's more relevant on 1h and above. Additionally, this indicator now visually tracks these 'missing wicks' as horizontal 'tails'. These tails extend from the wickless candle's extreme (low for bullish, high for bearish) and continue to stretch to the right until price action finally touches that level. Once touched, the tail disappears, signifying that the 'missing wick' has been filled or 'mitigated'. What can you do about it? If you see for example a Bitcoin 4h candle that hasn't formed two wicks yet, there are high chances that the missing wick will be formed at one point or another. The persistent horizontal tail vividly highlights these unmitigated levels, allowing you to identify potential price magnets. You could therefore consider taking a trade in the direction of the missing wick. You can set alerts on wickless candles if needed.
Pine Script® indicator
by xGhozt
Liquidity Sweeps [SB1]Liquidity Sweeps This indicator detects liquidity sweep events where price briefly breaks above or below recent swing points before reversing. These sweeps often occur during stop hunts, fakeouts, or liquidity grabs, and are commonly used by smart money traders to trap breakout participants before reversing direction. 🔍 What It Does Identifies key swing highs and lows based on user-defined pivot strength. Detects: Bearish Sweeps: Price breaks a recent high but fails to close above it. Bullish Sweeps: Price breaks a recent low but fails to close below it. Tracks whether these sweeps are simply wicks, full breakouts and retests, or a combination of both. Highlights these zones with boxes and labels to signal high-probability reversal or reaction zones. 🧠 Why Use It Liquidity sweeps are often used by institutions and large players to trigger stops and create movement. Detecting these events helps traders: Avoid chasing false breakouts Time entries around exhaustion or reversal points Align trades with Smart Money Concepts (SMC), ICT principles, or Order Block Theory Avoid chasing false breakouts Time entries around exhaustion or reversal points Align trades with Smart Money Concepts (SMC), ICT principles, or Order Block Theory ⚙️ Settings & Customization Swings: Adjusts the sensitivity of swing high/low detection. Detection Type: Only Wicks: Detects when a wick pierces a level but closes back inside. Only Outbreaks & Retests: Detects when a candle breaks out and later retests. Wicks + Outbreaks & Retests: Shows both types for full coverage. Extend Zones: Draws boxes across future bars until invalidation. Colors: Fully customizable for bullish and bearish sweeps. 🧬 Original Enhancements This script is based on open-source work by LuxAlgo and has been significantly enhanced with: Multiple detection modes Real-time alert support📣 📣 Efficient pivot memory cleanup📣 📣 Sweep zone auto-extension until broken Improved visual clarity with dotted/dashed lines, and color-coded boxes ✅ Note: The original version had no alerts. This version adds real-time detection alerts for practical trading use. Credit: Original swing detection logic inspired by LuxAlgo’s open-source Liquidity Sweep framework. This version is extended and modified under the terms of the CC BY-NC-SA 4.0 license. 📣 📣 Alerts Included📣📣 🔼 Bullish Wick Sweep📣 🔽 Bearish Wick Sweep📣 These alerts allow traders to be notified the moment a liquidity sweep occurs, providing immediate edge for reactive or anticipatory trading. 📈 How to Use It Add to your chart. Choose the detection type based on your trading style: Wicks for reversals and stop hunts Outbreaks for failed breakouts or retests Wait for sweep zones to form and monitor price behavior around them. Use in conjunction with: Fair Value Gaps (FVG) Order Blocks VWAP Anchors Market Structure Breaks/ Breaks of structures
Pine Script® indicator
by samb817
Auto YEAR High/Low with Fibonacci (MC) (Pub)This indicator automatically tracks and updates the current YEAR's HIGH and LOW levels in real-time. It calculates and plots key Fibonacci retracement and extension levels between the intra-year high and low, helping traders visualize potential reversal, breakout, and pullback zones. ✨ Key Features: ✅ Yearly High & Low Tracking Real-time dynamic update of the current year's intra-year high and low levels. Lines can extend left, right, both, or none, based on user preference. 📐 Fibonacci Level Plotting Computes Fibonacci levels between yearly high and low. Supports the following key retracement and extension levels: 88.6% Bear (Fib 11.4%) 78.6% Bear (Fib 23.6%) 61.8% Bear (Fib 38.2%) 50.0% Retracement 61.8% Bull 78.6% Bull 88.6% Bull 🧰 User Customization Options Toggle visibility of each Fib level independently. Selectable line extension behavior: left, right, both, or none. Option to show/hide the high/low lines (with suggested enhancement). Configurable line colors and styles for clarity. 🏷️ Informative Labels Labels display price values for high, low, and each active Fibonacci level. Positioned near the right of the chart for clear visibility. Labels auto-refresh yearly for clean, uncluttered information. 🧠 Use Cases Identify intra-year support/resistance zones. Spot pullback or breakout points for entries and exits. Enhance price action and confluence trading strategies
Pine Script® indicator
by mclee1.2006
Auto MONTH High/Low with Fibonacci (MC) (Pub)This indicator automatically tracks and updates the current MONTH's HIGH and LOW levels in real-time. It calculates and plots key Fibonacci retracement and extension levels between the intra-month high and low, helping traders visualize potential reversal, breakout, and pullback zones. ✨ Key Features: ✅ Monthly High & Low Tracking Real-time dynamic update of the current month's intra-month high and low levels. Lines can extend left, right, both, or none, based on user preference. 📐 Fibonacci Level Plotting Computes Fibonacci levels between monthly high and low. Supports the following key retracement and extension levels: 88.6% Bear (Fib 11.4%) 78.6% Bear (Fib 23.6%) 61.8% Bear (Fib 38.2%) 50.0% Retracement 61.8% Bull 78.6% Bull 88.6% Bull 🧰 User Customization Options Toggle visibility of each Fib level independently. Selectable line extension behavior: left, right, both, or none. Option to show/hide the high/low lines (with suggested enhancement). Configurable line colors and styles for clarity. 🏷️ Informative Labels Labels display price values for high, low, and each active Fibonacci level. Positioned near the right of the chart for clear visibility. Labels auto-refresh monthly for clean, uncluttered information. 🧠 Use Cases Identify intramonth support/resistance zones. Spot pullback or breakout points for entries and exits. Enhance price action and confluence trading strategies
Pine Script® indicator
by mclee1.2006
Auto WEEK High/Low with Fibonacci (MC) (Pub)This indicator automatically tracks and updates the current WEEK's HIGH and LOW levels in real-time. It calculates and plots key Fibonacci retracement and extension levels between the intra-week high and low, helping traders visualize potential reversal, breakout, and pullback zones. ✨ Key Features: ✅ Weekly High & Low Tracking Real-time dynamic update of the current week's intra-week high and low levels. Lines can extend left, right, both, or none, based on user preference. 📐 Fibonacci Level Plotting Computes Fibonacci levels between weekly high and low. Supports the following key retracement and extension levels: 88.6% Bear (Fib 11.4%) 78.6% Bear (Fib 23.6%) 61.8% Bear (Fib 38.2%) 50.0% Retracement 61.8% Bull 78.6% Bull 88.6% Bull 🧰 User Customization Options Toggle visibility of each Fib level independently. Selectable line extension behavior: left, right, both, or none. Option to show/hide the high/low lines (with suggested enhancement). Configurable line colors and styles for clarity. 🏷️ Informative Labels Labels display price values for high, low, and each active Fibonacci level. Positioned near the right of the chart for clear visibility. Labels auto-refresh weekly for clean, uncluttered information. 🧠 Use Cases Identify intra-week support/resistance zones. Spot pullback or breakout points for entries and exits. Enhance price action and confluence trading strategies
Pine Script® indicator
by mclee1.2006
Auto DAY High/Low with Fibonacci Levels (MC) (Pub)This indicator automatically tracks and updates the current DAY's HIGH and LOW levels in real-time. It calculates and plots key Fibonacci retracement and extension levels between the intraday high and low, helping traders visualize potential reversal, breakout, and pullback zones. ✨ Key Features: ✅ Daily High & Low Tracking Real-time dynamic update of the current day's intraday high and low levels. Lines can extend left, right, both, or none, based on user preference. 📐 Fibonacci Level Plotting Computes Fibonacci levels between daily high and low. Supports the following key retracement and extension levels: 88.6% Bear (Fib 11.4%) 78.6% Bear (Fib 23.6%) 61.8% Bear (Fib 38.2%) 50.0% Retracement 61.8% Bull 78.6% Bull 88.6% Bull 🧰 User Customization Options Toggle visibility of each Fib level independently. Selectable line extension behavior: left, right, both, or none. Option to show/hide the high/low lines (with suggested enhancement). Configurable line colors and styles for clarity. 🏷️ Informative Labels Labels display price values for high, low, and each active Fibonacci level. Positioned near the right of the chart for clear visibility. Labels auto-refresh daily for clean, uncluttered information. 🧠 Use Cases Identify intraday support/resistance zones. Spot pullback or breakout points for entries and exits. Enhance price action and confluence trading strategies
Pine Script® indicator
by mclee1.2006