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Fibonacci & Volume Bell Curve

90
Bell Curve + Fibonacci Retracement

This custom indicator combines Fibonacci retracement levels with volume-weighted statistics (VWAP Bell Curve) to provide high-probability trading signals.

Indicator Components:

Fibonacci Retracement
Key Level Used:
Cyan (61.8%) – Golden Ratio: Most significant for identifying potential reversals.

Volume-Weighted Bell Curve (VWAP Bands)
White Line – VWAP (Volume Weighted Average Price).

Orange Bands (±2σ) – Represent two standard deviations above and below VWAP. Indicates the range where approximately 95% of volume-weighted price action occurs.

Trading Strategies:

Support & Resistance Trading

Fibonacci levels act as dynamic support/resistance.
The 61.8% level is especially effective for spotting reversal opportunities.

VWAP Mean Reversion
When price moves outside the ±2σ orange bands, expect a reversion back to the white VWAP line.

High-probability trades occur when price is extended to extremes.
Confluence Trading (High-Probability Setups). Strongest signals occur when Fibonacci levels align with VWAP bands. Look for overlap between Fib levels and VWAP support/resistance zones.

Pro Tips for Best Results:

Volume Confirmation: Look for increased volume at key levels for stronger signals.
Timeframes: Effective on all timeframes; higher timeframes offer more reliable signals.
Market Context: Always consider overall market direction and news events.
Multiple Touches: Levels become more valid when tested multiple times.

My settings:
Fibonacci Settings
Lookback Period: 50
Swing Detection Sensitivity: 5
Show Fibonacci Labels: ✅ Enabled
Bell Curve (VWAP Bands) Settings
Bell Curve Period: 100
VWAP Source: (H + L + C) / 3 (typical price)
Show Bell Curve Bands: ✅ Enabled
Confidence Levels: 2 Standard Deviations (±2σ)
Visual Settings
Fibonacci Line Width: 2
Bell Curve Line Width: 2
Extend Lines Right: ✅ Enabled

Fibonacci Levels
61.8% – ✅ Enabled, Color: Bright Blue
Other levels are disabled

VWAP & Bell Curve Bands
VWAP (White Line) – ✅ Enabled
Upper 1 SD – ✅ Enabled, Color: Gray
Lower 1 SD – ✅ Enabled, Color: Gray
Upper 2 SD – ✅ Enabled, Color: Orange-Red (with transparency)
Lower 2 SD – ✅ Enabled, Color: Orange-Red (with transparency)

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.