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Death Metal Fire & Ice

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A dynamic support/resistance system built from modified Fibonacci-based moving averages, designed to assist with structure identification in trending markets — particularly when price is moving into uncharted territory.

🧠 Core Logic
Twelve Fibonacci-based moving averages are mathematically adjusted by the square root of a standard trading Fibonacci ratio to create projected zones above and around price. These dynamic levels are labeled L1 to L12 and automatically adjust with trend velocity and volatility.

Faster levels (L1–L5) often serve as immediate reaction zones in volatile markets and provide ceilings for rising price action.

Slower levels (L6–L12) tend to behave as longer-term structure — both above and below current price.

These levels are dynamic, non-static, and provide forward-looking structure that adapts as markets move. Price tends to range between these levels until conditions change, which becomes visually apparent through the breaking of support/resistance.

⚙️ Features
Smart Mode: Hides levels that are not relevant to current price proximity. Price action needs to get within 10% of the level for it to appear. If price action moves away from the level, there will be a cooldown period for the line to cease printing on the chart.

Gradient Mode: Fills space between levels with a visual overlay to help visualize distance and potential volatility.

Levels can be toggled on/off individually.

🧩 Use Case
Designed for trending markets where traditional support/resistance is unavailable or unreliable.

Applicable across all assets and timeframes — stocks, crypto, futures, etc.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.