OPEN-SOURCE SCRIPT

FibVWAP_CCI_Strategy

This comprehensive Pine Script strategy combines Fibonacci retracement levels, Volume Weighted Average Price (VWAP), Commodity Channel Index (CCI), and Average True Range (ATR)-based stop levels to equip traders with essential tools for market analysis. Designed for intraday and swing traders, the script provides a detailed view of market momentum, dynamic support/resistance levels, and actionable buy/sell signals.

Key Features:
Fibonacci Levels:

Visualizes key support and resistance zones based on Fibonacci retracements.
Labels each level dynamically on the chart for easy reference.
VWAP with Standard Deviation Bands:

Tracks volume-weighted price trends to identify the true market value.
Includes upper and lower bands for detecting potential breakout or reversion zones.
CCI with Moving Average:

Highlights overbought/oversold conditions to anticipate market reversals.
Includes a smoothed moving average of CCI for trend validation.
ATR-Based Stop Levels:

Dynamic stop-loss levels (long and short) to manage risk effectively.
Helps traders maintain discipline with predefined exit strategies.
MACD:

Provides momentum signals with clear buy/sell crossovers.
Includes a histogram for identifying the strength of price movements.
Custom Alerts:

Bullish and bearish signals are triggered based on CCI crossovers and price action relative to VWAP.
Alerts are integrated for real-time decision-making.
Categories:
Indicators: Combines multiple technical indicators into a single script.
Volume Analysis: VWAP-based price tracking for volume-weighted trends.
Trend Analysis: CCI and MACD identify momentum shifts and trends.
How to Use:
Fibonacci Levels:

Use the displayed levels to identify potential support and resistance areas for trade entry and exit.
VWAP Bands:

Observe price interactions with VWAP and its bands to determine overbought/oversold conditions or breakout opportunities.
CCI and ATR Stops:

Use the CCI and its moving average to confirm trend direction and momentum.
Apply ATR stop levels for setting dynamic risk parameters.
MACD:

Monitor MACD crossovers for confirming bullish or bearish market momentum.
This script serves as a powerful toolkit for traders, offering robust functionality and visual clarity for effective decision-making in financial markets.
Trend Analysis

Script open-source

In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

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