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Opit78 Auto Overbalance & Fibo

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This is a comprehensive automated tool for Market Geometry and Fibonacci Analysis. It combines the classic Overbalance (1:1) methodology with a fully automated, dynamic Fibonacci Grid to help traders identify high-probability reversal zones, trend continuations, and price targets.

The indicator automatically detects the main market structure using a ZigZag algorithm and then projects key levels based on the most recent active swing.

核心 Features (Key Features):
1. Auto Overbalance (1:1 Geometry)

The indicator scans the current trend to find the largest correction that has occurred within the active impulse.

It projects a Gray Box (Pattern) representing this largest historical correction.

It projects a Colored Box (Support/Resistance) at the current price action.

Green Box: Support Zone in an Uptrend.

Red Box: Resistance Zone in a Downtrend.

Trading Logic: As long as the price respects this box, the trend is considered valid. A breakout suggests a potential trend reversal (Overbalance condition).

2. Dynamic Fibonacci Grid

Automatically draws Fibonacci levels from the start (Point A) to the end (Point B) of the current ZigZag leg.

Retracements: Includes standard levels like 38.2%, 50.0%, and the "Golden Pocket" 61.8% to catch pullbacks.

Extensions & Targets: Includes negative levels -27.2% and -61.8% to help identify Take Profit zones after a breakout.

Deep Levels: Includes 127.2% and 161.8% to identify potential "Stop Hunts" or exhaustion points (False Breakouts).

3. Smart Visualization & Customization

Clean Charts: Optimized rendering ensures crisp lines and boxes on live candles without visual clutter or stacking artifacts.

Full Control: You can toggle every Fibonacci level individually.

Style Options: Customize line styles (Solid, Dotted, Dashed), colors, and line thickness.

Color Modes: Choose between independent colors or "Match Trend" mode, where Fibonacci lines automatically adapt to the bullish (Green) or bearish (Red) market structure.

How to Use:
Trend Continuation: Look for confluence. If the price pulls back into the Colored Overbalance Box and aligns with a key Fibonacci level (e.g., 50% or 61.8%), this is a strong zone to look for trend-following entries.

Targeting: If the trend resumes and breaks the recent high/low, use the -27.2% and -61.8% extension lines as potential profit-taking levels.

Trend Reversal: If the price closes firmly beyond the Overbalance Box (breaking the 1:1 geometry), the current trend may be over.

Settings:
ZigZag Sensitivity: Adjust Depth, Deviation, and Backstep to fit your timeframe.

Visuals: Toggle Backgrounds, Borders, and Labels on/off to keep your chart clean.

Fibo Levels: Enable or disable specific levels (e.g., turn off 23.6% if you only trade deep pullbacks).

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.