OPEN-SOURCE SCRIPT
Updated Macro Accumulation System (Suhaib's Signals)
This indicator is designed to identify high-probability long-term accumulation zones using a combination of macro Fibonacci levels and trend filtering.
It automatically plots the 200 EMA to define overall market direction and calculates a single Fibonacci range from the all-time high (ATH) to the all-time low (ATL)—ensuring a true macro perspective with no noise or overfitting.
The key focus is the Golden Zone (0.618 – 0.705), widely regarded as an institutional accumulation area.
It automatically plots the 200 EMA to define overall market direction and calculates a single Fibonacci range from the all-time high (ATH) to the all-time low (ATL)—ensuring a true macro perspective with no noise or overfitting.
The key focus is the Golden Zone (0.618 – 0.705), widely regarded as an institutional accumulation area.
Release Notes
The key focus is the Golden Zone (0.705 - 0.79), widely regarded as an institutional accumulation area.Release Notes
Updated Version 1.3Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.