OPEN-SOURCE SCRIPT
Fib Sweep Structure
as a trend trader you will look for the current trend on your HTF
confirm a middle time frame is moving in your direction
go to the 5m tf and wait for a retracement with a valid internal liquidity sweep using the fib retracement you are able to see if you are in the golden zone for ote and with a CHOCH on the 1m you enter in the direction of the trend
confirm a middle time frame is moving in your direction
go to the 5m tf and wait for a retracement with a valid internal liquidity sweep using the fib retracement you are able to see if you are in the golden zone for ote and with a CHOCH on the 1m you enter in the direction of the trend
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.
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.