Genie (AB=CD Fibonacci Extensions and Peaks & Valleys)

Our proprietary algorithm supports two types of Signals to choose from (and uses Matrices to keep track of the various waves): 'Fibonacci Extensions' where it spots extended waves (XABC) to predict AB=CD moves and puts the Take Profit levels accordingly to commonly used Fibonacci ratios; OR 'P&V' which stands for Peaks & Valleys (M and W) capturing full Peaks and Valleys formations to signal.

Signal Trigger for two types of positions: Breakout or Confirmation when price retraces back to them (so you wait for a candle to close away from price first to Trigger). The idea is whenever a proper Peak or Valley matching those conditions is printed, price usually reacts at those levels by doing a Reversal, so they represent potential entries.

For Confirmation signals, you want price to close away from the level first to then return to it, and that candle close is either a Close (only the close should be outside the level), Hard Close (OPEN and CLOSE outside the level) or Full Close (HIGH, OPEN, CLOSE, LOW all outside the level).

Note that the Signal is to be taken as soon as a Green or Red arrow appears (not before), based on your desired settings.

The Level of Entry is decided by the user; 'Extreme' means you want the algorithm to process based on the Wicks/Pins (Highs and Lows of candles) so while 'Body' means the Borders (Open and Close of candles). Based on this choice the Signal will change accordingly.

The indicator also provides recommended Take Profit levels as well as a Stop Loss levels. The Take Profits are measured based on the wave structure formation.

All features are configurable from the indicator's settings including setting Minimum Take Profit and Reward:Risk (RR) to filter Signals.

This indicator has Alerts for LONG and SHORT signals. You can create a new Alert, select the indicator from the "Condition" list and create it. You can create an Alert for each different timeframe if you want the indicator to monitor various timeframes and give you Alerts accordingly.

Note di rilascio:

- Changing indicator's title

Note di rilascio:

- Bug fix

Note di rilascio:

- Bug fix for Long signals

Note di rilascio:

- Code formatting fix.

Note di rilascio:

- Introduced OBV Divergence filter for signals.

Note di rilascio:

- The 2 algorithms now use Fibonacci Ratios (1, 1.272, 1.618, 2, 2.272 and 2.618) for TPs. 'ABC' where it spots extended waves (ABC) to predict AB=CD moves and puts the Take Profit levels at commonly used Fibonacci ratios; OR 'P&V' which stands for Peaks & Valleys (M and W) capturing full Peaks and Valleys formations to signal.
- Optimized code (removed redundant blocks)
- Sorting Long and Short matrices to capture bigger moves in case of confluence with smaller moves (eg. a bigger M breaking at the same exact point where a smaller M was created, so preference is given to the bigger M targets)
- Introduced "Donchian Trend Ribbon Filter"
- Ability to activate/deactivate Lines as well as Boxes for signals.

Note di rilascio:

- Fixed bug in algorithm
- Tight Stop loss is now placed at the Hold level of the ABC (or Peak and Valley). This will be the Body or Wick based on your choice of the "Body" or "Extreme" of the "Level" in settings.

Note di rilascio:

- Take Profit levels are now customizable: the default set Fibonacci Ratios are the best but you can edit them if needed.
- Bug fixes for Filters

Note di rilascio:

- Introduced Table showing current signal's values.
- Bug fix of Minimum Take Profits

Note di rilascio:

- Introduced Table showing current signal's values.
- Bug fix of Minimum Take Profits

Note di rilascio:

- Fixed default values in settings.

Note di rilascio:

- JSON format adjusted to ease integration with Discord and some other similar services requiring the message to contained within a "content" key:value pair.

Note di rilascio:

- Bug fix in JSON alert.

Note di rilascio:

-Introduced MFI and Accumulation and Distribution Momentum as filters.

Note di rilascio:

Settings Formatting fix.

Note di rilascio:

- Introduced TP7 and TP8.
- Changed MFI and AccDist into a combined confluence filter.

Note di rilascio:

- Bug fixes

Note di rilascio:

- Added a "UserID" field into the JSON alerts in case user wants to send a custom User ID field for execution server to identify who is sending the signal.