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Essa - Market Structure & Fibonacci Toolkit

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Overview
The Essa Market Structure & Fibonacci Toolkit is a comprehensive trading indicator that combines advanced market structure analysis with customizable fibonacci levels and fair value gap detection. It identifies high-probability trading opportunities by detecting confluence zones where multiple technical factors align, providing traders with precise entry and exit points based on institutional trading concepts.

Key Features
📊Market Structure Analysis
  • Pattern Recognition: Automatically detects Higher Highs (HH), Higher Lows (HL), Lower Highs (LH), Lower Lows (LL)
  • Change of Character (CHoCH): Identifies trend changes and market structure breaks
  • Pattern Locking: Fibonacci levels lock to specific swing patterns (LH→LL for bearish, HL→HH for bullish)
  • Multi-Timeframe Analysis: Analyzes trend strength across multiple timeframes with scoring system

🧮 Custom Fibonacci System
  • Fully Configurable Levels: Set any percentage (e.g., 25%, 65%, 87.5%) - not limited to traditional levels
  • Dynamic Labels: Shows your actual percentages, not hardcoded values
  • Golden Zone Trading: Customizable optimal entry zones between any two fibonacci levels
  • Auto-Extension: Levels automatically extend as price moves
  • Distance Tables: Real-time pip distances to nearest fibonacci levels

📈 Fair Value Gap (FVG) Detection
  • Smart Detection: Identifies bullish and bearish fair value gaps with size filtering
  • Age Tracking: Shows how long each FVG has been active (bars or time format)
  • Confluence Highlighting: Enhanced colors when FVGs overlap with fibonacci golden zones
  • Width Filtering: ATR-based minimum width requirements to filter noise

🎯 Confluence Trading
  • Multi-Factor Analysis: Combines market structure + fibonacci + FVGs + golden zones
  • High-Probability Zones: Highlights areas where multiple factors converge
  • Trend Strength Scoring: 0-100% scoring system based on multiple confluence factors
  • Smart Alerts: Notifications for high-confluence setups only

⚡ Advanced Features
  • Trend Analysis Table: Real-time trend bias, strength score, and pattern identification
  • Adaptive Sensitivity: Automatically adjusts to market volatility using ATR
  • Professional Alerts: Customizable alerts for structure breaks, golden zone touches, and FVG confluence

Clean Interface: Basic/Advanced settings organization with inline controls
🎨 Visual Excellence
  • Professional Styling: Clean, institutional-grade visual presentation
  • Customizable Colors: Full color customization for all elements
  • Smart Labeling: Context-aware labels that don't overlap
  • Performance Optimized: Efficient rendering with visual element limits
  • Perfect for: Swing traders, day traders, and institutional-style traders who want to identify high-probability setups using confluence of market structure, fibonacci levels, and fair value gaps.
Note di rilascio
Bug Fix
Note di rilascio
Name
Note di rilascio
Bug Fixes
Added Prices to Structure

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.