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Fibonacci with Golden Zone - Trend Aware

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๐ŸŽฏ What This Indicator Does:
This advanced Fibonacci tool automatically detects trend direction and adapts Golden Zone calculations accordingly, providing dynamic support/resistance levels with market structure analysis.
โœจ Key Features:

๐Ÿ”„ Trend-Aware Golden Zone: Automatically adjusts 61.8%-78.6% zone based on market direction
๐Ÿ“ˆ Market Structure Labels: Shows HH, HL, LH, LL patterns with price levels
๐ŸŽฏ Smart Fibonacci Levels: Retracements (0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%)
๐Ÿš€ Extension Targets: 127.2%, 161.8%, 200%, 261.8% projections
๐Ÿ“Š Pivot Points: Optional daily/weekly pivot levels
๐Ÿ”” Smart Alerts: Golden Zone entry and extension target alerts

๐Ÿง  How It Works:

Uptrend: Golden Zone acts as support (retracement from swing high)
Downtrend: Golden Zone acts as resistance (retracement from swing low)
Auto-Detection: Uses trend MA to determine market direction
Structure Analysis: Identifies swing patterns for better entries

โš™๏ธ Settings:

Lookback Period: Swing detection sensitivity (5-50)
Trend Period: Moving average for trend detection (20-200)
Golden Zone: Toggle 61.8%-78.6% zone display
Market Structure: Show HH/HL/LH/LL labels
Pivot Points: Optional daily pivot levels

๐Ÿ“‹ Best Use Cases:

๐Ÿฅ‡ Gold/Forex Trading: Perfect for XAUUSD analysis
๐Ÿ“ˆ Swing Trading: Identify key reversal zones
๐ŸŽฏ Target Setting: Extension levels for profit taking
๐Ÿ“Š Trend Following: Align trades with market direction

๐ŸŽจ Visual Features:

๐ŸŸก Golden Zone Box: Highlighted support/resistance area
๐Ÿท๏ธ Price Labels: Exact levels on all Fibonacci lines
๐ŸŽจ Color Coding: Green for uptrend, Red for downtrend
๐Ÿ“ฑ Clean Interface: Professional, non-cluttered design

๐Ÿ”” Alert System:

๐Ÿ† Price entering Golden Zone
๐ŸŽฏ Approaching extension targets (127.2%, 161.8%)
๐Ÿ“Š Includes trend direction in alerts

Disclaimer

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