OPEN-SOURCE SCRIPT

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

Actualizado
-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



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

Script de código abierto

Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.

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