P3 Weekly Goldbach levels

5 ago

P3 Weekly Session Projections

Originality and Uniqueness:
Novel Time-Based Approach:

This indicator uniquely combines the previous weeks range analysis with mathematical Goldbach number sequences

Unlike standard Fibonacci retracements that use swing highs/lows, this script uses a specific weekly session window for consistent anchor points

The weekly reset mechanism ensures levels are always based on the most recent Sunday session, providing fresh, relevant levels

2. Mathematical Innovation:

First-of-its-kind application weekly Goldbach numbers (100, 97, 89, 83, 71, 59, 50, 47, 41, 29, 17, 11, 3, 0) as support/resistance levels

Dual-range projection system: Projects both standard deviations internally and overlays Goldbach levels for precise mathematical alignment

Auto-extending ranges when price breaks beyond 100/0 levels – automatically adds upper and lower GB ranges

3. Advanced Technical Features:

Dynamic label positioning with 4 different modes (Right Edge, Left of Line, Right of Line, Fixed Position)

Color-coded level hierarchy: Red (G:100), Green (G:0), Yellow (G:111/-111) for instant visual recognition

Session-based calculations using real market hours rather than arbitrary chart points

Clean weekly management – automatically removes previous levels and draws fresh ones each Sunday

Practical Usefulness:
1. Professional Trading Application:

Institutional session timing: plots when major institutions begin weekly positioning

Objective level placement: Eliminates subjective swing high/low selection - uses concrete session data

Multi-market applicability: Works on forex, indices, commodities, and crypto that trade during this session

2. Risk Management Benefits:

Predefined support/resistance zones based on mathematical progression rather than subjective analysis

Extension levels provide targets when price moves beyond normal ranges

Weekly refresh ensures levels remain relevant to current market structure

3. Unique Market Insights:

Goldbach number spacing provides mathematically-derived levels that often align with natural market movements

Session-based anchoring captures institutional weekly bias and positioning

Visual clarity with customizable labels and positioning for different trading styles

How It Differs from Existing Scripts:
Not a standard Fibonacci tool - uses specific mathematical sequence with weekly session anchoring

Not a generic pivot indicator - focuses on Sunday institutional session range

Not a simple support/resistance script - combines time-based analysis with mathematical projections

Not a rehash of existing indicators - genuinely novel approach combining session analysis with Goldbach mathematics

Target Audience:
Institutional traders using weekly analysis

Mathematical traders interested in number theory applications

Session-based analysts focusing on specific market opening periods

Risk management specialists needing objective level placement

This script represents genuine innovation in combining specific market session analysis with mathematical number theory, providing traders with a unique tool that doesn't exist elsewhere in the TradingView library.

5 ago

Note di rilascio

made erd, 0, 50, 100 levels bigger than others