Chan Lun Bi, Pivot & MACD Div - INVESTCHI

vor 11 Stunden

This indicator combines Chan Lun (Zen Theory) structure with MACD Divergence to help you spot trends and potential reversals easily.

Key Features

1. Auto Lines (Bi): Automatically connects highs and lows to visualize the market trend (Strokes).

2. Pivots (Blue Boxes): Automatically highlights consolidation zones (Zhong Shu). These areas act as key Support and Resistance.

3. Buy & Sell Signals (New!)

🟢 BUY Label: Appears when Bottom Divergence occurs (Price makes a lower low, but MACD momentum is stronger).

🔴 SELL Label: Appears when Top Divergence occurs (Price makes a higher high, but MACD momentum is weaker).

How to Use

- Trend Following: Use the connected lines to see the main direction.

- Reversals: Look for Green BUY labels at the bottom of a trend and Red SELL labels at the top.

- Breakouts: Watch how price reacts to the Blue Pivot Boxes.

Settings

- Fractal Length: Adjusts how sensitive the lines are (default is 5).

- Strict Filter: Keeps the chart clean by filtering out small noise.

Disclaimer: For educational purposes only.

vor 11 Stunden

Versionshinweise

Update: Auto-Colored Pivots

We made the Pivot Boxes smarter and cleaner!

Smart Colors:

- Up Trend Pivots: Now match your Up Line color (e.g., Red).

- Down Trend Pivots: Now match your Down Line color (e.g., Green).

- Why? This helps you see if the market structure is Bullish or Bearish instantly.

Cleaner Look:

- The boxes are now very transparent (only 4% visibility).

- This keeps your chart clean so you can see the candles clearly.

vor 10 Stunden

Versionshinweise

Update: English & Larger Labels

- English Translation: All settings, menus, and code comments are now in English.

- Larger Signals: The font size for 1B/2S/3B buy and sell labels has been increased (to size.normal) for better readability.