Get started
OPEN-SOURCE SCRIPT

GoldenSBS

By batleth
This script detects market structure breaks using significant pivot points and then draws a Fibonacci retracement between the swing low prior to the market structure break to the swing high after the market structure break. This tool can be used for backtesting the Golden SBS strategy by Stoic Trader which enters a trade at the 61.8% retracement and takes profit at the 23.6% retracement.
Pivot points and levels
batleth

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 publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.