OPEN-SOURCE SCRIPT

LANZ Strategy 3.0

275
🔷 LANZ Strategy 3.0 — Asian Range Fibonacci Strategy with Execution Window Logic

LANZ Strategy 3.0 is a rule-based trading system that utilizes the Asian session range to project Fibonacci levels and manage entries during a defined execution window. Designed for Forex and index traders, this strategy focuses on structured price behavior around key levels before the New York session.

🧠 Core Components:
  • Asian Session Range Mapping: Automatically detects the high, low, and midpoint during the Asian session.
  • Fibonacci Level Projection: Projects configurable Fibonacci retracement and extension levels based on the Asian range.
  • Execution Window Logic: Uses the 01:15 NY candle as a reference to validate potential reversals or continuation setups.
  • Conditional Entry System: Includes logic for limit order entries (buy or sell) at specific Fib levels, with reversal logic if price breaks structure before execution.
  • Risk Management: Entry orders are paired with dynamic SL and TP based on Fibonacci-based distances, maintaining a risk-reward ratio consistent with intraday strategies.


📊 Visual Features:
  • Asian session high/low/mid lines.
  • Fibonacci levels: Original (based on raw range) and Optimized (user-adjustable).
  • Session background coloring for Asia, Execution Window, and NY session.
  • Labels and lines for entry, SL, and TP targets.
  • Dynamic deletion of untriggered orders after execution window expires.


⚙️ How It Works:
  • The script calculates the Asian session range.
  • Projects Fibonacci levels from the range.
  • Waits for the 01:15 NY candle to close to validate a signal.
  • If valid, a limit entry order (BUY or SELL) is plotted at the selected level.
  • If price structure changes (e.g., breaks the high/low), reversal logic may activate.
  • If no trade is triggered, orders are cleared before the NY session.


🔔 Alerts:
  • Alerts trigger when a valid setup appears after 01:15 NY candle.
  • Optional alerts for order activation, SL/TP hit, or trade cancellation.


📝 Notes:
  • Intended for semi-automated or discretionary trading.
  • Best used on highly liquid markets like Forex majors or indices.
  • Script parameters include session times, Fib ratios, SL/TP settings, and reversal logic toggle.


Credits:
Developed by LANZ, this script merges traditional session-based analysis with Fibonacci tools and structured execution timing, offering a unique framework for morning volatility plays.

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.