The Golden Pocket Master Tool: High-Probability Retracement ZoneThe Golden Pocket is one of the most powerful "hidden" zones in technical analysis. While many traders look at basic Fibonacci levels, the area between the 0.618 and 0.65 retracement levels is where the most reliable trend reversals happen.
This indicator automates the entire process, identifying significant market swings and projecting high-probability Entry, Target, and Stop Loss levels directly on your chart.
How It Works
Auto-Swing Detection: The script identifies major "Impulse Moves" (pumps or dumps) using dynamic Pivot Highs and Lows.
The Golden Pocket: It draws a highlighted "Gold Box" at the 0.618–0.65 Fibonacci zone. This is your high-probability area to Buy the Dip (in an uptrend) or Sell the Bounce (in a downtrend).
Smart Targets: Unlike standard Fibonacci tools that use random extensions, this script sets realistic targets based on recent market structure (Previous Swing Highs/Lows).
Key Features
📊 Real-Time Trade Dashboard: See your exact Entry Zone, Take Profit, and Stop Loss prices in a clean, top-right table.
⚖️ Risk/Reward Calculator: Automatically calculates the R/R ratio for the current setup so you only take the best trades.
🏷️ Dynamic Labels: Floating "LONG ZONE" or "SHORT ZONE" labels ensure you always know the current market bias.
🛑 Invalidation Line: Includes a red dotted line at the 0.786 Fibonacci level. If price closes past this, the trade setup is invalidated.
How to Trade the Play
For Longs: Wait for a Green Bias. Price should pull back into the Gold Box. Look for bullish candle confirmation and target the Blue Line.
For Shorts: Wait for a Red Bias. Price should bounce up into the Gold Box. Look for bearish rejection and target the Blue Line.
Indicador Pine Script®






















