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Actualizado RAVP+Fib[Trendoscope®+ChartPrime][Surge.Guru]
This is a sophisticated multi-dimensional technical analysis indicator that combines two powerful analytical tools: Rolling Angled Volume Profile and Fibonacci Trend Analysis. Here's a comprehensive breakdown of its functionality:
🎯 Core Purpose
The indicator provides a comprehensive market structure analysis by combining volume-based support/resistance levels with Fibonacci-based trend and retracement levels.
📊 Component 1: Rolling Angled Volume Profile (Trendoscope®)
What It Does:
Creates a dynamic, angled volume profile that shows where trading volume has occurred over a specified period
Unlike traditional horizontal volume profiles, this one angles with price movement, making it more relevant for trending markets
Key Features:
Loopback Period (50 bars default): Determines how many bars to analyze for volume distribution
Angled Calculation: The profile lines follow the price trend angle between start and end points
Volume-Based Width: Profile lines are thicker/wider where more volume was traded
Dynamic Box: Creates a bounding box around the active volume area
Visual Output:
Dotted lines (customizable) showing volume concentration
Yellow-colored profile lines with high transparency (98% by default)
Volume hotspots appear as denser line clusters
📈 Component 2: Fibonacci Trend (ChartPrime)
What It Does:
Uses a Supertrend indicator to determine market direction
Draws Fibonacci retracement levels based on the detected trend extremes
Provides dynamic support/resistance levels that extend into the future
Key Features:
Trend Detection: Uses Supertrend with customizable factor (2.0 default)
Auto-Extending Levels: Fibonacci lines automatically extend as new highs/lows are made
Multiple Fibonacci Levels: 0.236, 0.382, 0.5, 0.618, 0.786
Visual Fill: Colored areas between key Fibonacci levels (0.618-0.786 and 0.5-0.786)
Visual Output:
Uptrend: Green coloring (#26905d)
Downtrend: Purple coloring (#74286d)
Fibonacci Lines: Horizontal levels with price labels
Extension: Projects 15 bars into the future
🔄 Synergistic Benefits
1. Multi-Timeframe Analysis
Volume Profile shows historical volume distribution
Fibonacci shows current trend structure and potential reversal zones
2. Confirmation System
When Fibonacci levels align with volume profile dense areas → stronger support/resistance
Volume validates Fibonacci levels with actual trading activity
3. Dynamic Adaptation
Both components update in real-time as market structure evolves
Volume profile "rolls" with price action
Fibonacci levels extend with trend continuation
⚙️ Key Input Parameters
Volume Profile Settings:
Loopback: Analysis period (50 bars)
Number of Profile Lines: Density of volume display (2000 lines)
Use Confirmed Bars: Wait for bar completion
Fibonacci Settings:
Trend Factor: Supertrend sensitivity (2.0)
Extend: Future projection bars (15)
Fibonacci Levels: Customizable retracement ratios
🎨 Visual Design
Subtle Volume Profile: High transparency (98%) prevents chart clutter
Clear Fibonacci Levels: Bold colors for easy trend identification
Professional Layout: Clean, organized display without overwhelming the price chart
💡 Trading Applications
For Trend Following:
Use Fibonacci levels for entry points in direction of trend
Volume profile shows optimal accumulation zones
For Reversal Trading:
Watch for price reactions at Fibonacci levels that align with volume clusters
Volume profile indicates potential reversal zones
For Risk Management:
Fibonacci levels provide natural stop-loss and take-profit targets
Volume areas show high-liquidity zones for optimal positioning
🚀 Unique Value Proposition
This indicator stands out because it:
Combines volume and price analysis in one tool
Adapts to market angles rather than using static horizontal levels
Provides forward-looking projections through Fibonacci extensions
Offers customizable visibility for each component
Maintains chart clarity despite displaying complex information
🎯 Core Purpose
The indicator provides a comprehensive market structure analysis by combining volume-based support/resistance levels with Fibonacci-based trend and retracement levels.
📊 Component 1: Rolling Angled Volume Profile (Trendoscope®)
What It Does:
Creates a dynamic, angled volume profile that shows where trading volume has occurred over a specified period
Unlike traditional horizontal volume profiles, this one angles with price movement, making it more relevant for trending markets
Key Features:
Loopback Period (50 bars default): Determines how many bars to analyze for volume distribution
Angled Calculation: The profile lines follow the price trend angle between start and end points
Volume-Based Width: Profile lines are thicker/wider where more volume was traded
Dynamic Box: Creates a bounding box around the active volume area
Visual Output:
Dotted lines (customizable) showing volume concentration
Yellow-colored profile lines with high transparency (98% by default)
Volume hotspots appear as denser line clusters
📈 Component 2: Fibonacci Trend (ChartPrime)
What It Does:
Uses a Supertrend indicator to determine market direction
Draws Fibonacci retracement levels based on the detected trend extremes
Provides dynamic support/resistance levels that extend into the future
Key Features:
Trend Detection: Uses Supertrend with customizable factor (2.0 default)
Auto-Extending Levels: Fibonacci lines automatically extend as new highs/lows are made
Multiple Fibonacci Levels: 0.236, 0.382, 0.5, 0.618, 0.786
Visual Fill: Colored areas between key Fibonacci levels (0.618-0.786 and 0.5-0.786)
Visual Output:
Uptrend: Green coloring (#26905d)
Downtrend: Purple coloring (#74286d)
Fibonacci Lines: Horizontal levels with price labels
Extension: Projects 15 bars into the future
🔄 Synergistic Benefits
1. Multi-Timeframe Analysis
Volume Profile shows historical volume distribution
Fibonacci shows current trend structure and potential reversal zones
2. Confirmation System
When Fibonacci levels align with volume profile dense areas → stronger support/resistance
Volume validates Fibonacci levels with actual trading activity
3. Dynamic Adaptation
Both components update in real-time as market structure evolves
Volume profile "rolls" with price action
Fibonacci levels extend with trend continuation
⚙️ Key Input Parameters
Volume Profile Settings:
Loopback: Analysis period (50 bars)
Number of Profile Lines: Density of volume display (2000 lines)
Use Confirmed Bars: Wait for bar completion
Fibonacci Settings:
Trend Factor: Supertrend sensitivity (2.0)
Extend: Future projection bars (15)
Fibonacci Levels: Customizable retracement ratios
🎨 Visual Design
Subtle Volume Profile: High transparency (98%) prevents chart clutter
Clear Fibonacci Levels: Bold colors for easy trend identification
Professional Layout: Clean, organized display without overwhelming the price chart
💡 Trading Applications
For Trend Following:
Use Fibonacci levels for entry points in direction of trend
Volume profile shows optimal accumulation zones
For Reversal Trading:
Watch for price reactions at Fibonacci levels that align with volume clusters
Volume profile indicates potential reversal zones
For Risk Management:
Fibonacci levels provide natural stop-loss and take-profit targets
Volume areas show high-liquidity zones for optimal positioning
🚀 Unique Value Proposition
This indicator stands out because it:
Combines volume and price analysis in one tool
Adapts to market angles rather than using static horizontal levels
Provides forward-looking projections through Fibonacci extensions
Offers customizable visibility for each component
Maintains chart clarity despite displaying complex information
Notas de prensa
trend default setting changed from 2->4.You can always change it from the settings, theres more probability nailing the fibonacci engagement. if 4 works good, try 3,2,1 to get better initial trend point.
Notas de prensa
minor fixesScript protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.