OTE optimal trade entry (ICT); visible chart only: Dynamic

-simple tool based on ICT free YouTube material of many years.
-Highlights a box showing Optimal Trade Entry (OTE): 61.8% - 78.6% retracement
-Auto shifts depending on Bull or Bear move on chart.
--If visible chart is Bullish (low then high): shows OTE box 61.8-78.6% retracement down from the high
--If visible chart is Bearish (high then low): shows OTE box 61.8-78.6% retracement up from the low

-Thanks the use of PineCoders Visible Chart Library, and some of the example code there

Note di rilascio

Added color formatting options

Note di rilascio

removed redundant code; made some explanatory comments

Note di rilascio

removed redundant variables for Bar, volume and Label

Note di rilascio

-corrected small error in Fib number (inverse of 78.6 is 21.4 not 23.6)
-added more Fib levels to play around with (default toggled off)

Note di rilascio

-added option to plot two user input Fib Extensions (projected Fib extensions) for cases where price might fully reverse and reach beyond the high / low
-added user toggle show/hide labels for Fib Extensions

Note di rilascio

fixed issue with fib extension labels

Note di rilascio

-Added option to flip/invert Fib projections (above range or below range)
-tweaked code for Extension labels to always display positive numbers

Note di rilascio

(removed unrelated drawings from displayed chart)

Note di rilascio

~Added user choice of Bodies or wicks (i.e. draw the high-low fib range from body high/low or from wick high/low; default is wicks)
~Removed Library dependency and put all the required functions directly into the script

Note di rilascio

Corrected default Fib extension levels

Note di rilascio

Revised this to call from a custom library to reduce code length

Note di rilascio

-Added more Fib Extensions: total of 6 optional fib extensions now

Note di rilascio

-corrected Fib titles in settings box

Note di rilascio

-Added option to toggle on/off Fib Retracement price labels. Default is off

Script open-source

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

twingall

You can buy me a coffee here...

PayPal.Me/twingall
BTC: 3JrhUwNRnKyqhaa1n1AXKeAubNeEFoch6S
ETH erc20: 0x4b0400B1c18503529ab69611e82a934DDe4Ab038
ETH bep20: 0x1F0f03F184079bb1085F8C9dF3a8191C9f5869B3

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Script open-source

twingall

You can buy me a coffee here...

PayPal.Me/twingall
BTC: 3JrhUwNRnKyqhaa1n1AXKeAubNeEFoch6S
ETH erc20: 0x4b0400B1c18503529ab69611e82a934DDe4Ab038
ETH bep20: 0x1F0f03F184079bb1085F8C9dF3a8191C9f5869B3