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Fractal with swings and fibonacci levels [AY¹]

4 667
Fractal with Swings and Fibonacci Levels [AY¹]
Advanced Market Structure and Confluence Analysis Tool
This indicator combines multiple professional trading analysis techniques into a single powerful tool to help identify high-probability trading opportunities through market structure analysis.
🎯 Key Features:

Fractal Pattern Detection: Automatically identifies critical market reversal points
Multi-Timeframe Structure Analysis: Deep analysis of market structure dynamics
Dynamic Fibonacci Levels: Real-time support/resistance levels based on market swings
Confluence Detection: Identifies powerful zones where multiple analysis methods converge
Change in State Detection (CISD): Trend change signals with built-in alert system

📊 How It Works:
The indicator analyzes price action swing structures to determine critical levels. When different analysis methods converge at the same point, these confluence areas are marked with red arrows - representing high-probability trading opportunities.
⚙️ Settings:

Fractal Settings: Pattern detection sensitivity
Fibonacci Settings: Retracement level configurations
CISD Settings: Trend change analysis (optional)

💡 Suitable For:
Swing traders, intraday traders, and all traders using market structure-based strategies across different timeframes.
Note: This tool works on price action and market structure principles. Basic technical analysis knowledge is recommended for optimal results.

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.