The "Cosmic Cycle Trader 🌌" Here's a summarized breakdown of the code:
Inputs Orbital Periods (Moving Averages):
User specifies moving average (MA) periods as a comma-separated string (e.g., "10,20,50,100"). Predefined colors for each MA are used. Fibonacci Sphere Levels:
User specifies Fibonacci retracement levels as a string (e.g., "0.236,0.382,0.618,1.0"). Color customization for Fibonacci levels is included. Gravitational Pull (Signal Thresholds):
Configurable thresholds (buy_pull and sell_pull) to define signal triggers. Alerts can be toggled on or off. Core Features Helper Functions:
parse_floats: Converts a comma-separated string into an array of floating-point numbers. parse_ints: Converts a comma-separated string into an array of integers. Orbital Periods (Moving Averages):
Moving averages are calculated for the given periods using the ta.sma function. Each MA is stored in an array and plotted on the chart with a unique color. Fibonacci Spheres:
Fibonacci levels are calculated based on the high and low of the current bar. These levels are plotted as circles, visually indicating key price zones. Signals:
Buy Signal: Triggered when: The price closes above the highest MA. The price is between specific Fibonacci levels. Sell Signal: Triggered when: The price closes below the lowest MA. The price is below specific Fibonacci levels. Alerts:
Alerts are created for buy and sell signals. Signals are also annotated on the chart with labels and shapes. Visual Elements Plots:
Moving averages are plotted with distinct colors and line widths. Fibonacci spheres are plotted as circles with customizable transparency. Shapes:
Triangles indicate buy (green) and sell (red) signals on the chart. Labels:
Buy signals display a "🌕 Buy" label. Sell signals display a "🌑 Sell" label. Purpose This indicator helps traders identify potential buy and sell zones based on: Moving average trends (orbital periods). Key Fibonacci retracement levels. Configurable thresholds (gravitational pull). This combination of technical analysis tools makes it a visually appealing and functional indicator for traders.
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