Essa - Market Structure & Fibonacci Toolkit

4 giorni fa

Essa – Market Structure & Fibonacci Toolkit” is an all-in-one TradingView Pine Script indicator that detects and labels multi-tier market structure (HH, HL, LH, LL), draws dynamic Fibonacci retracements with customizable levels and a highlighted “Golden Zone,” marks Fair Value Gaps, and overlays enhanced session ranges. It also computes a weighted multi-timeframe trend strength score, displays comprehensive tables for trend analysis and Fibonacci distance/touches, and generates optional alerts for confluence events.

Key Features

• Adaptive Pivot Detection: Volatility-scaled lookbacks automatically adjust pivot sensitivity.
  
• Multi-Tier Structure Labelling: Short, intermediate, and long-term swing highs/lows with CHoCH (change-of-character) break lines.
  
• Custom Fibonacci Toolkit: 0–100% retracements plus user-configurable 23.6, 38.2, 50, 61.8, 70.5, 78.6 levels; dynamic Golden Zone shading.
  
• Fair Value Gaps (FVG): Bullish/bearish gap detection, age display, and confluence highlighting when in the Golden Zone.
  
• Session Analysis: Colorized backgrounds, high/low/mid plots and range calculations for London, New York, and Asia sessions.
  
• Multi-Timeframe Confirmation: Auto-selected higher-timeframe pivot alignment and weighted scoring.
  
• Trend Strength Table: Scores HTF alignment, current-TF pattern, momentum, and confluence in a compact dashboard.
  
• Distance & Touch Tracking: Fibonacci price-distance table with pip/point calculations, touch counts, and session annotations.
  
• Alert System: Configurable alerts for CHoCH, Golden Zone entries, FVGs, and level touches.
  

Who It’s For

• Price-Action Traders seeking visual confirmation of market swings and trend shifts.
  
• Fibonacci Enthusiasts who want fully custom retracement levels with confluence zones.
  
• Multi-Timeframe Analysts needing a single overlay to gauge alignment across chart horizons.
  
• Session Strategists trading specific forex or equity sessions with clear range and momentum cues.
  
• Advanced Traders who appreciate consolidated tables, exact touch markers, and automated alerting for high-conviction setups.
  

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Note di rilascio

Lots of Refinements and Tidy up