twingall

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

twingall Updated   
-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



Release Notes:
Added color formatting options
Release Notes:
removed redundant code; made some explanatory comments
Release Notes:
removed redundant variables for Bar, volume and Label
Release Notes:
-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)
Release Notes:
-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
Release Notes:
fixed issue with fib extension labels
Release Notes:
-Added option to flip/invert Fib projections (above range or below range)
-tweaked code for Extension labels to always display positive numbers
Release Notes:
(removed unrelated drawings from displayed chart)
Release Notes:
~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
Release Notes:
Corrected default Fib extension levels
Release Notes:
Revised this to call from a custom library to reduce code length
Release Notes:
-Added more Fib Extensions: total of 6 optional fib extensions now
Release Notes:
-corrected Fib titles in settings box
Release Notes:
-Added option to toggle on/off Fib Retracement price labels. Default is off

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Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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