ZOBAKAFXAI – Price Action Swing Setup

The ZOBAKAFXAI Price Action Swing Setup is a swing trading indicator that helps traders identify clear market structure, trend direction, and potential entry/exit zones using EMA and pivot-based price action.

🔹 Features:
✅ Automatically detects swing highs & swing lows (market structure)
✅ EMA-based trend direction filter (EMA50 / EMA200)
✅ Higher timeframe trend filter option (4H bias on lower TFs)
✅ ATR-based Stop Loss & TP calculation
✅ TP1 / TP2 / TP3 based on Risk-to-Reward ratio
✅ Works on all pairs – Forex, Gold, Crypto, Indices
✅ Clean design – ideal for 4H swing trading

🔹 How to Use:

Trade in the direction of the EMA trend

Buy when price forms a higher low above EMA & breaks previous swing high

Sell when price forms a lower high below EMA & breaks previous swing low

Stop Loss = ATR × selected multiplier

TP levels are auto-calculated based on Risk/Reward (2R, 3R, etc.)

⚠ Disclaimer:
This script is for educational and technical analysis purposes only. It is not financial advice. Always use risk management.