FibExtender Pro [tradeviZion]

11 בדצמ׳ 2024

FibExtender Pro [tradeviZion]: User Guide and Settings Reference

A comprehensive guide to configuring and using the FibExtender Pro indicator for TradingView

Introduction

FibExtender Pro is an advanced Fibonacci analysis tool that implements and automates FibQueen's proven methodology for identifying high-probability trading opportunities. Through automatic cluster detection and dynamic Fibonacci extensions, it provides traders with precise entry and exit points based on fractal pivot points and price confluence.

The indicator offers these core features:

• Cluster Analysis System
• Automatic detection of price clusters with customizable tolerance
  
• Dynamic strength assessment (3-10 level minimum)
  
• Real-time cluster visualization
  
• Strength-based opacity adjustment
  
  
• Fibonacci Extension Framework
• Five customizable Fibonacci levels (0.618, 1.000, 1.272, 1.618, 2.618)
  
• Fractal-based pivot detection (default 13 periods)
  
• Dual anchor point options (Last Pivot/Recent Swing)
  
• Up to 21 simultaneous sequences
  
  
• Visual Analysis Tools
• Trend connection lines with three styles (Dashed/Dotted/Solid)
  
• Dynamic cluster zone highlighting
  
• Staggered label system for better visibility
  
• Customizable color themes (Dark/Light/Custom)
  
  
• Real-time Analysis Table
• Cluster type identification (Support/Resistance)
  
• Strength visualization (⭐ rating system)
  
• Price and distance measurements
  
• Motivational trading messages
  

Proper configuration of these settings is essential as it affects:

• Cluster detection accuracy and sensitivity
  
• Fibonacci level calculations and display
  
• Visual presentation clarity
  
• Real-time analysis updates
  

This guide provides detailed explanations of each component and setting to help you optimize the indicator for your trading strategy while maintaining adherence to FibQueen's proven methodology.

📊 Direction Settings

This section controls the basic display and calculation of Fibonacci levels for both long and short sides.

Primary Settings

• Show Long Levels
• Enables long-side Fibonacci extensions
  
• Default: true
  
• Essential for bullish setups
  
• Controls visibility of upward projections
  
  
• Show Short Levels
• Enables short-side Fibonacci extensions
  
• Default: true
  
• Essential for bearish setups
  
• Controls visibility of downward projections
  
  
• Long Color
• Customizes color for long setups
  
• Default: Blue
  
• Affects all long-side visuals
  
• Used for trend connections and labels
  
  
• Short Color
• Customizes color for short setups
  
• Default: Red
  
• Affects all short-side visuals
  
• Used for trend connections and labels
  

🔄 Fractal Settings

The fractal detection system forms the foundation of pivot point identification and Fibonacci calculations.

Fractal markers identify key pivot points for Fibonacci calculations

Core Settings

• Fractal Periods
• Default: 13
  
• Range: 1 to unlimited
  
• Controls pivot point sensitivity
  
• Higher values = stronger pivots
  
• Lower values = more frequent signals
  
  
• Show Fractals
• Enables fractal marker display
  
• Default: true
  
• Visual confirmation of pivots
  
• Helps validate cluster points
  

Understanding Fractal Period Selection

• Default (13)
• Optimal for most timeframes
  
• Balances sensitivity and reliability
  
• Matches common market cycles
  
  
• Lower Values (1-8)
• More frequent signals
  
• Better for shorter timeframes
  
• Increased noise potential
  
  
• Higher Values (14+)
• Stronger confirmation required
  
• Better for longer timeframes
  
• Fewer but more reliable signals
  

📐 Fibonacci Settings

This section controls the core Fibonacci calculations and visual presentation.

Fibonacci extension levels and their visual representation

Sequence Settings

• Number of Fib Sequences
• Default: 21
  
• Range: 1 to 50
  
• Controls maximum analyzed sequences
  
• Affects calculation complexity
  
• Higher values = more potential clusters
  
  
• Show Fib Labels
• Enables price level annotations
  
• Default: false
  
• Provides price information
  
• Helps with level identification
  
  
• Show Fib Levels
• Controls extension line visibility
  
• Default: false
  
• Essential for pattern recognition
  
• Affects overall chart clarity
  
  
• Fib Line Length
• Default: 50
  
• Range: 10 to 200
  
• Controls visual extension length
  
• Affects chart readability
  

4. Fibonacci Level Configuration

• Level 1: 0.618
  - Classic golden ratio retracement
  - Often used for initial extension targets
  - Default color: Gray (#9598a1)
  
  
• Level 2: 1.000
  - 100% extension of the measured move
  - Key psychological level
  - Default color: Dark Blue
  - Enabled by default
  
  
• Level 3: 1.272
  - Square root of 1.618
  - Important harmonic pattern level
  - Default color: Light Blue (#5db5c5)
  
  
• Level 4: 1.618
  - Golden ratio extension
  - Major profit target level
  - Default color: Blue (#4a9af5)
  
  
• Level 5: 2.618
  - Extended golden ratio
  - Ultimate target level
  - Default color: Turquoise
  - Enabled by default
  

5. Cluster Analysis Settings

• Cluster Tolerance (%) - Default: 0.2%
  - Defines the maximum distance between levels to form a cluster
  - Lower values create tighter, more precise clusters
  - Higher values capture broader zones of confluence
  - Recommended range: 0.1% - 0.5%
  
  
• Minimum Cluster Size - Default: 3
  - Minimum number of Fibonacci levels required to form a valid cluster
  - Range: 3-10 levels
  - Higher values indicate stronger confluence zones
  - Recommended: 3 for normal analysis, 4+ for stricter filtering
  
  
• Cluster Zone Color
  - Customizable highlight color for cluster zones
  - Default: Gold (#FFD700) with 70% transparency
  - Opacity adjusts automatically based on cluster strength
  
  
• Show Cluster Zones
  - Toggle visibility of cluster zone highlighting
  - Recommended: Enabled for visual confirmation of confluence
  

6. Table Display Settings

• Show Empowering Message
  - Display motivational trading messages
  - Messages rotate every 5 bars
  - Customized for trader psychology
  
  
• Table Position
  - Options: Top Right, Middle Right, Bottom Right, Top Left, Middle Left, Bottom Left
  - Default: Top Right
  - Choose based on your chart layout
  
  
• Title Text Size
  - Options: Tiny, Small, Normal, Large, Huge
  - Default: Normal
  - Affects indicator name and header
  
  
• Data Text Size
  - Options: Tiny, Small, Normal, Large, Huge
  - Default: Small
  - Affects cluster data and measurements
  

Recommended Cluster Settings

For Precise Analysis:

• Cluster Tolerance: 0.1-0.2%
  
• Minimum Cluster Size: 4
  
• Show All Fibonacci Levels
  
• Enable Cluster Zones
  

For General Trading:

• Cluster Tolerance: 0.2-0.3%
  
• Minimum Cluster Size: 3
  
• Show Levels 2 and 5
  
• Enable Cluster Zones
  

For Trend Following:

• Cluster Tolerance: 0.3-0.5%
  
• Minimum Cluster Size: 3
  
• Focus on 1.618 and 2.618 levels
  
• Enable Cluster Zones
  

👁️ Visual Settings

Configure the visual presentation and analysis tools for optimal chart reading.

Display Options

• Show Labels
• Enables price annotations
  
• Default: true
  
• Provides level information
  
• Helps with analysis
  
  
• Show Connections
• Enables trend lines
  
• Default: true
  
• Shows price structure
  
• Validates patterns
  
  
• Show Table
• Enables analysis table
  
• Default: true
  
• Provides real-time data
  
• Shows cluster information
  
  
• Show Fib Levels
• Controls level visibility
  
• Default: true
  
• Essential for analysis
  
• Affects chart clarity
  

Line Properties

• Line Length
• Default: 1.0
  
• Range: 0.1 to 10
  
• Controls vertical extension
  
• Affects visual clarity
  
  
• Connection Opacity
• Default: 70
  
• Range: 0 to 100
  
• Controls line transparency
  
• Balances visibility
  
  
• Projection Opacity
• Default: 40
  
• Range: 0 to 100
  
• Controls level transparency
  
• Reduces chart noise
  

🎨 Theme Settings

Customize the visual theme for different chart modes and preferences.

Theme Options

• Dark Theme
• Long Color: #00bcd4
  
• Short Color: #ff5252
  
• Table Text: White
  
• Table Background: #333333
  
• Table Header: #4a4a4a
  
  
• Light Theme
• Long Color: #0097a7
  
• Short Color: #d32f2f
  
• Table Text: Black
  
• Table Background: #f5f5f5
  
• Table Header: #e0e0e0
  
  
• Custom Theme
• Fully customizable colors
  
• Individual element control
  
• Personalized appearance
  
• Saved preferences
  

Integration with Fibonacci Time Zone Pro


FibExtender Pro's effectiveness is significantly enhanced when used in conjunction with Fibonacci Time Zone Pro.

Benefits of Integration

• Enhanced Probability
• Price-time confluence
  
• Stronger reversal signals
  
• Better entry/exit timing
  
• Reduced false signals
  
  
• Improved Analysis
• Multi-dimensional view
  
• Time cycle validation
  
• Pattern confirmation
  
• Trend alignment
  

Best Practices

"Success in Fibonacci trading comes from the disciplined application of proven principles. The tools provide the framework, but your execution determines the outcome."

Setup Identification

• Look for minimum 3-level clusters
  
• Confirm with time zone alignment
  
• Validate with trend direction
  
• Wait for proper triggers
  

Trade Management

• Use cluster edges for stops
  
• Scale out at extensions
  
• Trail stops with clusters
  
• Monitor time projections
  

Risk Management

• Never skip triggers
  
• Maintain position sizing
  
• Honor stop levels
  
• Follow exit rules
  

Conclusion

FibExtender Pro combines FibQueen's proven methodology with advanced automation and cluster detection. Success requires:

• Understanding the methodology
  
• Proper configuration
  
• Disciplined application
  
• Consistent execution
  
• Continuous learning
  

Remember: The power lies not just in the tools, but in your ability to use them consistently within a disciplined trading approach.

"Where Vision Meets Mathematical Precision" - tradeviZion

Configuration Guide

1. Direction Settings

• Show Long Levels - Toggle the display of bullish Fibonacci extension levels
  
• Show Short Levels - Toggle the display of bearish Fibonacci extension levels
  
• Long Color - Customize the color for bullish extensions (Default: Blue)
  
• Short Color - Customize the color for bearish extensions (Default: Red)
  

2. Fractal Settings

• Fractal Periods - Number of periods used to identify pivot points (Default: 13)
  - Lower values create more frequent pivot points
  - Higher values identify more significant pivots
  - 13 is optimized for most timeframes
  
• Show Fractals - Display fractal pivot points on the chart
  - Triangles appear above/below bars indicating pivot points
  - Up fractals: Blue triangles above bars
  - Down fractals: Red triangles below bars
  

3. Fibonacci Settings

• Number of Fib Sequences - Maximum number of concurrent Fibonacci sequences (Default: 21)
  - Controls how many past pivot points are considered
  - Higher values show more potential levels
  - Recommended range: 13-34 for optimal visibility
  
  
• Show Fib Labels - Display price labels for Fibonacci levels
  
• Show Fib Levels - Display horizontal lines for Fibonacci levels
  
  
• Fib Line Length - Length of Fibonacci extension lines (Default: 50)
  - Measured in bars from current bar
  - Affects visibility of extension levels
  - Adjust based on your chart zoom level
  
  
• Fibonacci Anchor Point - Method for selecting the anchor point
  - Last Pivot: Uses the most recent fractal pivot
  - Recent Swing: Uses the highest/lowest price within lookback period
  
  
• Swing Lookback Period - Number of bars to look back for swing points (Default: 20)
  - Only used when "Recent Swing" anchor point is selected
  - Shorter periods are more responsive to recent price action
  - Longer periods identify more significant swings
  
  
• Show Connection Lines - Display lines connecting pivot points
  
• Connection Line Style - Visual style of connection lines
  - Options: Dashed, Dotted, Solid
  
• Connection Line Transparency - Opacity of connection lines (Default: 70)
  - Range: 0 (solid) to 100 (invisible)
  

Recommended Settings for Different Trading Styles

Intraday Trading:

• Fractal Periods: 8-13
  
• Number of Sequences: 13-21
  
• Swing Lookback: 15-20
  
• Show Fractals: Enabled
  
• Connection Lines: Enabled with Dashed style
  

Swing Trading:

• Fractal Periods: 13-21
  
• Number of Sequences: 21-34
  
• Swing Lookback: 20-30
  
• Show Fractals: Enabled
  
• Connection Lines: Enabled with Solid style
  

Position Trading:

• Fractal Periods: 21-34
  
• Number of Sequences: 34-55
  
• Swing Lookback: 30-50
  
• Show Fractals: Optional
  
• Connection Lines: Optional
  

7. Visual Settings

• Color Theme
  - Options: Dark, Light, Custom
  - Default: Dark
  - Optimized for different chart backgrounds
  - Affects all indicator elements
  
  
• Custom Colors (Available when Custom theme is selected)
  
  • Long Color - Customizable color for bullish patterns
    
  • Short Color - Customizable color for bearish patterns
    
  • Table Text - Color of text in analysis table
    
  • Background - Table background color
    
  • Table Header - Header section color
    

Theme Color Presets

Dark Theme:

• Long Color: #00bcd4 (Cyan)
  
• Short Color: #ff5252 (Red)
  
• Table Text: #ffffff (White)
  
• Background: #333333 (Dark Gray)
  
• Table Header: #4a4a4a (Gray)
  

Light Theme:

• Long Color: #0097a7 (Dark Cyan)
  
• Short Color: #d32f2f (Dark Red)
  
• Table Text: #000000 (Black)
  
• Background: #f5f5f5 (Light Gray)
  
• Table Header: #e0e0e0 (Gray)
  

Practical Example: NVDA Analysis

Let's examine how FibExtender Pro identifies key levels and clusters on NVIDIA Corporation (NVDA):

Cluster Identification:

• Support Clusters
  - Price: 125.72
  - Strength: ⭐⭐⭐ (3 levels)
  - Distance: 11.51 pts
  - Confluence: 3 levels
  
  
• Key Fibonacci Levels
  - Multiple extension levels converging around 124-126 zone
  - Strong support cluster formation
  - Connection lines showing pivot relationships
  

Visual Elements in Action:

• Fractal Pivots
  - Blue triangles: Bullish pivots
  - Red triangles: Bearish pivots
  - Clear identification of swing points
  
  
• Cluster Zones
  - Yellow highlighted areas showing level convergence
  - Opacity indicating cluster strength
  - Multiple levels confirming support/resistance
  
  
• Connection Lines
  - Showing relationships between pivots
  - Helping visualize market structure
  - Identifying potential reversal zones
  

Recommended Settings for Different Chart Themes

Dark Chart Background:

• Use Dark theme
  
• Cluster Zone Color: Gold (#FFD700)
  
• Connection Line Transparency: 70
  
• Enable Fractal Display
  

Light Chart Background:

• Use Light theme
  
• Cluster Zone Color: Orange (#FFA500)
  
• Connection Line Transparency: 50
  
• Enable Fractal Display
  

Custom Theme Tips:

• Match long/short colors with your trading platform
  
• Use contrasting colors for better visibility
  
• Adjust transparency based on chart timeframe
  
• Consider color-blind friendly options
  

Beginner's Trading Guide: FibExtender Pro Strategy

This section provides a step-by-step guide for beginners using FibExtender Pro, following FibQueen's proven methodology.

Step 1: Setup Identification

• Price Cluster Setup
  - Look for zones with 3 or more Fibonacci levels converging
  - Use FibExtender Pro's cluster detection (minimum cluster size: 3)
  - Verify cluster strength (⭐⭐⭐ or more)
  
  
• Time Frame Selection
  Setup Charts:
  - Daily: Major trend identification
  - 120-minute: Swing trade setups
  - 30-minute: Intraday setups
  - 15-minute: Scalp setups
  - 5-minute: Quick trades
  
  Trigger Charts:
  - 2-minute: Fast entries
  - 5-minute: Standard day trading
  

Step 2: Trade Setup Validation

• Price Action Requirements
  - Price must test and respect the cluster zone
  - Look for rejection wicks or reversal candles
  - Confirm with fractal pivot formations
  
  
• Entry Triggers
  For Buy Setups:
  - Switch to lower timeframe (2-5 min)
  - Wait for 8 EMA to cross above 34 EMA
  - Confirm breakout above prior swing high
  
  For Sell Setups:
  - Switch to lower timeframe (2-5 min)
  - Wait for 8 EMA to cross below 34 EMA
  - Confirm breakdown below prior swing low
  

Step 3: Risk Management

• Stop Loss Placement
  Option 1 (Conservative):
  - Buys: Below the pre-trigger low
  - Sells: Above the pre-trigger high
  
  Option 2 (Cluster-Based):
  - Buys: 30-50 cents below cluster zone
  - Sells: 30-50 cents above cluster zone
  
  
• Position Sizing
  - Never risk more than 1-2% of account per trade
  - Calculate position size based on stop distance
  - Consider scaling in at strong cluster levels
  

Step 4: Profit Targets & Exit Strategy

• Target Levels
  Primary Targets:
  - 1.272 extension (first partial exit)
  - 1.618 extension (second partial)
  - 2.618 extension (final target)
  
  
• Trailing Stop Methods
  - Move to breakeven after 1.272 target hit
  - Trail using prior swing highs/lows
  - Use WillStop Pro for optimal stop placement
  

Advanced Integration: FibExtender Pro + Fibonacci Time Zones Pro

Combining these tools creates a powerful timing and price analysis system:

• Time + Price Confluence
  - Use FibExtender Pro to identify price clusters
  - Apply Fibonacci Time Zones Pro to same chart
  - Look for time zone intersections with price clusters
  - Strongest setups occur at time/price confluence points
  
  
• Entry Optimization
  - Time zones confirm potential reversal periods
  - Price clusters provide exact entry levels
  - Combined confirmation reduces false signals
  - Higher probability trade setups
  
  
• Exit Timing
  - Use time zones to anticipate potential reversals
  - Plan exits ahead of major time zone lines
  - Consider scaling out at time/price intersections
  

Example Trade Setup

Using NVDA as our example:

• Setup Identification
  - Price cluster identified at 125.72
  - Three Fibonacci levels converging (⭐⭐⭐ strength)
  - Support zone validated by multiple touches
  
  
• Time Zone Confirmation
  - Check Fibonacci Time Zones Pro for timing
  - Look for time zone lines near cluster area
  - Stronger setup when time and price align
  
  
• Trade Execution
  - Switch to 5-minute chart for trigger
  - Wait for 8/34 EMA crossover
  - Enter on break of prior swing
  - Initial stop below cluster zone
  

Common Mistakes to Avoid

• Trading without cluster confirmation
  
• Ignoring time zone alignments
  
• Entering without proper triggers
  
• Using wrong timeframe combinations
  
• Moving stops too tight too soon
  
• Not following the trading plan
  

Remember: Setup + Trigger = Trade Entry. No trigger means no trade, regardless of how good the setup looks!

Important Note: Cluster Tolerance Across Timeframes

When switching between timeframes, particularly when moving to lower timeframes for trade execution, users should be aware of an important behavior regarding cluster tolerance:

Cluster Tolerance Behavior

• Default Setting (0.2%)
  - On higher timeframes: Provides good cluster definition
  - On lower timeframes: Clusters appear wider relative to price movement
  - This is because the percentage is calculated based on absolute price
  
• Example using NVDA
  With default 0.2% tolerance:
  - Higher timeframe clusters show clear zones
  - When switching to 15min chart, clusters become notably wider
  - Makes precise entry/exit points more difficult to identify
  
  After adjusting to 0.06% tolerance:
  - Clusters become more precise on lower timeframes
  - Better defined zones for entry/exit
  - More accurate price levels for stop placement
  

Recommended Adjustments

• Higher Timeframes (Daily, 4H)
  - Default tolerance (0.2%) works well
  - Provides good balance of cluster identification
  
  
• Lower Timeframes (15min, 5min)
  - Reduce tolerance to 0.05-0.1%
  - Helps maintain precise cluster zones
  - Better for exact entry/exit points
  
  
• Scalping Timeframes (2min, 1min)
  - Use very low tolerance (0.03-0.06%)
  - Ensures tight cluster definition
  - Critical for precise scalping entries
  

Pro Tip: When following FibQueen's methodology of finding setups on higher timeframes and executing on lower timeframes, consider creating two separate indicator settings:

• Setup Chart: 0.2% tolerance for broader cluster identification
  
• Execution Chart: 0.06% tolerance for precise entry/exit levels
  

This dual-setting approach helps maintain the best of both worlds - reliable setup identification and precise trade execution.

14 בדצמ׳ 2024

הערות שחרור

FibExtender Pro [tradeviZion] - Version 2.0
Release Date: 14 December 2024

What's New
We've significantly enhanced FibExtender Pro with intelligent cluster detection and real-time alerts, making it easier than ever to identify and act on high-probability Fibonacci convergence zones.

Key Feature Updates

• Smart Cluster Detection with Auto-Sizing
  
• Real-Time Price Alerts for Cluster Zones
  
• Enhanced Price Formatting and Readability
  
• Improved Pivot Label Visibility
  
• Dynamic Information Table with Real-Time Stats
  

Technical Improvements

• Intelligent Cluster Detection
  Previous implementation:
  

  // Old code
  var float clusterTolerance = input.float(0.2, 'Cluster Tolerance (%)')
  if math.abs(currentLevel - currentClusterStart) <= tolerance
      currentClusterSum := currentClusterSum + currentLevel

  
  
  New implementation:
  

  // New code
  calculateAutoTolerance(visibleLevels) =>
      timeframeAdjustment = switch timeframe.period
          '1' => 0.05  // 1min
          'D' => 0.25  // 1day
          'W' => 0.3   // 1week
          => 0.1       // default
      
      baseDistance * timeframeAdjustment * switch autoTolerance
          'Tight' => 0.5
          'Wide' => 2.0
          => 1.0

• Real-Time Alert System
  Added sophisticated alert functionality:
  

  alertCluster(price, strength, isResistance, atrDistance) =>
      message = "🎯 FibExtender Pro Alert\n" +
                "Type: " + clusterType + " Cluster\n" +
                "Price: " + formatPrice(price) + "\n" +
                "Strength: " + strengthStars + "\n" +
                "Distance: " + formatDistance(atrDistance * globalAtr, close)

• Price Formatting Enhancement
  Improved price display with dynamic formatting:
  

  formatPrice(float price) =>
      if price >= 1000000     // 1M or greater
          str.tostring(price / 1000000, '#.##') + 'M'
      else if price >= 1000   // 1K or greater
          str.tostring(price / 1000, '#.##') + 'K'
      else
          str.tostring(price, '#.##')

Benefits for Traders

• More accurate cluster identification with timeframe-aware sizing
  
• Never miss important price levels with real-time alerts
  
• Better readability with smart price formatting (K/M suffixes)
  
• Reduced noise with intelligent cluster filtering
  
• Improved visual feedback with enhanced pivot labels
  

Comprehensive User Guide

1. Smart Cluster Detection
The new cluster detection system offers two modes:

Auto Mode (Recommended for Beginners)

• Select 'Auto' in Cluster Mode
  
• Choose Auto Tolerance:
  - Tight: For precise entries in lower timeframes
  - Normal: Balanced detection suitable for most trading
  - Wide: For longer-term trend analysis
  
• The system automatically adjusts to your timeframe
  

Manual Mode (Advanced Users)

• Select 'Manual' in Cluster Mode
  
• Set Manual Cluster Tolerance:
  - 1-5min charts: 0.01% to 0.05%
  - 15-30min charts: 0.05% to 0.1%
  - 1-4H charts: 0.1% to 0.3%
  - Daily charts: 0.2% to 1.0%
  

2. Alert System Setup

• Enable Alerts: Toggle main alert functionality
  
• Alert Types:
  - Support Clusters: Alerts when price approaches support
  - Resistance Clusters: Alerts when price approaches resistance
  
• ATR Distance Multiplier:
  - 1.5 (default): Balanced between early warning and accuracy
  - Lower values (e.g., 1.0): Earlier warnings
  - Higher values (e.g., 2.0): More confirmed moves
  
• Alert Cooldown:
  - Set bars between alerts (default: 20)
  - Prevent alert spam while maintaining awareness
  
• Require Zone Exit:
  - Enable for cleaner alerts
  - Only alerts again after price leaves the zone
  

3. Information Table Guide
The enhanced table provides real-time information:

• Type: Shows if cluster is Support or Resistance
  
• Price: Displays cluster center price (now with K/M formatting)
  
• Strength: ⭐ rating system (more stars = stronger cluster)
  
• Distance: Shows how far price is from cluster
  
• Levels: Number of Fibonacci levels in the cluster
  
• Stats Row: Shows total clusters and current mode settings
  

4. Best Practices for Beginners

• Start with Auto Mode and Normal tolerance
  
• Enable alerts with default settings (1.5 ATR)
  
• Watch for clusters with 3 or more stars (stronger confirmation)
  
• Use the distance column to gauge potential entry points
  
• Pay attention to both support and resistance clusters for complete market context
  
• Start with higher timeframes (4H, Daily) for clearer signals
  
• Use cluster strength (stars) to prioritize trading decisions
  

5. Advanced Features

• Customize table position and text sizes for your setup
  
• Adjust cluster zone colors for better visibility
  
• Fine-tune alert settings based on your trading style
  
• Combine cluster signals with traditional technical analysis
  
• Use multiple timeframe analysis with different tolerance settings
  

This major update transforms FibExtender Pro into a more intelligent and user-friendly tool. The addition of auto-sizing clusters and real-time alerts significantly enhances the trading experience, while improved formatting makes price levels more readable across all timeframes. The comprehensive settings allow both beginners and advanced traders to optimize the tool for their specific needs.

15 בדצמ׳ 2024

הערות שחרור

FibExtender Pro [tradeviZion] - Version 3.0

Major Improvements:

• Redesigned Fibonacci extension logic with complete 3-point sequence validation
  
• Enhanced pivot point processing with multiple combination support
  
• Added High/Low points display with percentage change tracking
  
• Introduced maximum cluster distance configuration (ATR-based)
  

12 בינו׳

הערות שחרור

FibExtender Pro [tradeviZion] - Version 4.0

Major Improvements:

• Multi-Timeframe Confirmation System with real-time analysis
  
• Historical Cluster Tracking with comprehensive safety checks
  
• Enhanced Cluster Analysis with timeframe-aware adjustments
  
• Advanced Alert System with ATR-based calculations
  
• Improved Theme System with better customization options
  

Interface Improvements:

• Reorganized settings into logical groups:
  - 🎯 Direction Settings
  - 📊 Fractal Settings
  - 🌀 Fibonacci Settings
  - 🎯 Cluster Settings
  - 🔔 Alert Settings
  - 📈 Table Settings
  - 🎨 Visual Settings
  
  
• Enhanced visual feedback:
  - Multi-timeframe confirmation table
  - Historical cluster visualization
  - Improved price formatting
  

12 בינו׳

הערות שחרור

FibExtender Pro [tradeviZion] - Version 5.0

What's New:

• Added price format selection (Auto, Billions, Millions, Thousands, None)
  
• Added tooltips showing exact values when hovering over:
  - MA values
  - Fractal status
  - Cluster prices
  
• Improved table display with more detailed information
  

Improvements:

• Better price formatting options in Display Settings
  
• Enhanced data visibility with exact numerical values
  
• More user-friendly interface with hover information
  

Version 5.0 makes it easier to view both formatted and exact numerical values throughout the indicator.