OPEN-SOURCE SCRIPT

OTE optimal trade entry (ICT); visible chart only: Dynamic

Aktualisiert
-simple tool based on ICT free YouTube material of many years.
-Highlights a box showing Optimal Trade Entry (OTE): 61.8% - 78.6% retracement
-Auto shifts depending on Bull or Bear move on chart.
--If visible chart is Bullish (low then high): shows OTE box 61.8-78.6% retracement down from the high
--If visible chart is Bearish (high then low): shows OTE box 61.8-78.6% retracement up from the low

-Thanks the use of PineCoders Visible Chart Library, and some of the example code there



Versionshinweise
Added color formatting options
Versionshinweise
removed redundant code; made some explanatory comments
Versionshinweise
removed redundant variables for Bar, volume and Label
Versionshinweise
-corrected small error in Fib number (inverse of 78.6 is 21.4 not 23.6)
-added more Fib levels to play around with (default toggled off)
Versionshinweise
-added option to plot two user input Fib Extensions (projected Fib extensions) for cases where price might fully reverse and reach beyond the high / low
-added user toggle show/hide labels for Fib Extensions
Versionshinweise
fixed issue with fib extension labels
Versionshinweise
-Added option to flip/invert Fib projections (above range or below range)
-tweaked code for Extension labels to always display positive numbers
Versionshinweise
(removed unrelated drawings from displayed chart)
Versionshinweise
~Added user choice of Bodies or wicks (i.e. draw the high-low fib range from body high/low or from wick high/low; default is wicks)
~Removed Library dependency and put all the required functions directly into the script
Versionshinweise
Corrected default Fib extension levels
Versionshinweise
Revised this to call from a custom library to reduce code length
Versionshinweise
-Added more Fib Extensions: total of 6 optional fib extensions now
Versionshinweise
-corrected Fib titles in settings box
Versionshinweise
-Added option to toggle on/off Fib Retracement price labels. Default is off
Fibonacci RetracementictoptimaltradeentryOTEPivot points and levels

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?


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