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MyTime Hybrid Targets

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This script, "MyTime Hybrid Targets," is a professional-grade trading system that combines trend-following momentum with advanced liquidity concepts and volatility-adjusted targets. It is designed to provide traders with a high-probability "Institutional-style" framework for scalping or swing trading.

Here is a point-by-point breakdown of the script’s features:

1. 4-Layer Trend Confirmation Engine
The script uses a strict multi-layer filter to ensure you only trade in the direction of the "Strong Trend."

EMA Hybrid: Uses a 13-period and 20-period EMA crossover logic to detect short-term trend direction.

SuperTrend Integration: Filters entries through the SuperTrend algorithm to ensure the price has broken structural resistance/support.

RSI Momentum Filter: Only triggers Buy signals when RSI > 50 and Sell signals when RSI < 50, ensuring positive or negative momentum is present.

2. Smart Liquidity Sweep Logic
Unlike standard indicators that fire on every crossover, this script includes a Liquidity Sweep check:

Institutional "Stop-Hunts": It identifies when the price has swept the 10-bar low (for buys) or the 10-bar high (for sells).

Smart Money Entry: This identifies the "sweep before the move," allowing you to enter where big players are entering, rather than getting caught in the trap.

3. Volatility-Filtered Candle Entries
ATR Strength Gate: Only "Strong Candles" (Marubozu or high-momentum candles) trigger a signal. The candle body must be at least 50% of the recent ATR, filtering out weak, "indecisive" price action and dojis.

4. Triple-Stage Hybrid Profit Targets
The indicator automatically projects three distinct types of profit targets the moment a signal is fired:

T1 - Structural Fibonacci (0.618): Targets the next major structural level based on the recent 20-bar swing high/low. This is your high-probability "Scalp" target.

T2 - Dynamic Zone (1.5x ATR): A volatility-adjusted target that accounts for the current market environment.

T3 - Trend Extension (2.5x ATR): Designed for "Runners" to capture larger trend extensions during high-volatility moves.

5. Clean & Actionable UI
B/S Labels: Large, clear "B" (Buy) and "S" (Sell) labels appear below and above the bars to ensure you never miss an entry.

Multi-Target Dashboard: Floating labels on the chart tell you exactly which target is which (Fib vs. Zone vs. ATR), keeping your chart organized and professional.

Best Use Cases:
Scalping: 1m to 5m timeframes for quick T1/T2 hits.

Intraday/Swing: 15m to 1h timeframes for trend-following moves toward T3.

Haftungsausschluss

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