Golden Pockets

Identify high-probability bounce zones using the 0.618 Fibonacci retracement.

When price touches a golden pocket level, it is expected to react and reverse, making these levels ideal for entries or exits.

This indicator automatically detects swing highs and lows using a 5-bar pivot and plots a golden pocket each time a new structure forms:

Bullish GP forms on a higher-high. The 0.618 of the swing low to high is plotted as a support level where price is expected to bounce upward.
Bearish GP forms on a lower-low. The 0.618 of the swing high to low is plotted as a resistance level where price is expected to reject downward.

Levels recalculate if the swing extends further and are removed the moment price closes through them, keeping only valid, untested zones on the chart.

Features

Levels recalculate in real time if the swing extends to a new extreme
Levels are removed automatically when price closes through them
Levels with more history behind them are shown at full opacity — newer, closer levels are dimmed to reflect lower reliability
An optional swing trace shows the range used to calculate each level
Built-in alerts notify you when price reaches a golden pocket

Settings

Show controls how many levels are visible per side (set to 0 to disable)
Color, Style, Width customize the appearance of bullish and bearish lines independently
Show the trace toggles the dashed swing line on or off
Enable alerts activates the built-in alert conditions

版本注释

- Changed MAX_DIM to 50
- Changed bufferSize to 10
- Made code formatting consistent

版本注释

Rewrote internals using a user-defined type (GpLevel) replacing 10 parallel arrays with 2 typed arrays
Unified all bull/bear logic into shared functions (createGp, updateGp, removeGp, capGp, rankLevels, checkAlerts, findConsolExtreme)
Replaced magic number line extensions (+200, +20) with extend.right for cleaner level drawing
Fixed alerts: removed redundant "Enable alerts" toggle — alerts now fire correctly via TradingView's native alert system
Alerts now only trigger for visible levels (matching what's shown on chart)
Fixed float comparison for anchor deduplication using epsilon tolerance (syminfo.mintick)
Buffer size is now decoupled from display count — levels persist in a fixed buffer so visible levels aren't prematurely evicted
Display count (Show) maxval is now derived from a single BUFFER_SIZE constant
Skipped GP creation entirely when Show is set to 0
Renamed variables for clarity: showSwing → showTrace, swingLine → traceLine, slDet → isSwingLow, shDet → isSwingHigh
Adopted Pine Script v6 method syntax throughout (.get(), .push(), .delete(), .set_y1(), etc.)
Extracted consolidation scan into findConsolExtreme, eliminating duplicated lookback logic
Defined named constants for fib ratio, max fade, lookback limit, and buffer size

版本注释

Swing detection changed from manual strict 5-bar checks to ta.pivotlow/ta.pivothigh (2,2)
Safer delete logic for optional trace lines (na-check before delete)
Style mapping refactor to switch-based line-style resolver
Consolidation extreme seed now uses dynamic back index
Removed epsilonEq helper; anchor dedupe now uses direct equality
Selection/ranking internals switched to visited-array tracking
Alert scan adds early-exit once hit is found

版本注释

New

"Use closes instead of wicks" option: builds swings and anchors from closing prices, matching the line chart. Off by default, candle behavior is unchanged.
Up to 20 golden pockets per side can now be tracked (previously 9), so older large-structure levels are no longer pushed out.

Fixed

Potential runtime error when a structure reached close to 10,000 bars back.
Levels silently disappearing when many pockets were active, due to the chart's default drawing limit.
Potential "historical offset" runtime error on charts with very deep history.
Exact anchor selection around double bottoms and double tops with equal extremes.

Changed

Cleaner alerts: a pocket broken by a close through it no longer fires a "hit" alert on the breaking bar. Alerts only signal touches of still-valid levels.

Under the hood

Fully modernized to Pine Script v6: enums, user-defined types and methods, native index sorting, official style-guide formatting. About 15% smaller with the core logic unchanged.

开源脚本

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开源脚本

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