MTF Zone Trading [SSAS] v2

לפני 7 ימים

🔥 MTF Zone Trading System [SSAS] v2 🔥

A powerful Multi-Timeframe Engulfing Pattern Detection System that identifies high-probability trading zones across 8 timeframes (Monthly to 5-Minute) with automatic MTF confluence detection, RSI divergence analysis, and a smart alert system.

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🎯 KEY FEATURES
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✅ Multi-Timeframe Zone Detection (M, W, D, 4H, 2H, 1H, 15M, 5M)
✅ Automatic MTF Confluence Detection (2-5+ TF zones overlapping)
✅ RSI Divergence Detection (Regular + Hidden)
✅ Smart Entry System with SL/TP Management
✅ Color-Coded Zones by Timeframe
✅ Ready & Touch Alert System
✅ Master Alerts (2 alerts cover everything!)
✅ Real-time RSI Dashboard

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📊 HOW IT WORKS
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1️⃣ ZONE CREATION
• Detects Engulfing Bullish (EB) and Engulfing Sell (ES) patterns
• EB Zone: 1st Bearish + 2nd Bullish candle (Close > High of 1st)
• ES Zone: 1st Bullish + 2nd Bearish candle (Close < Low of 1st)
• Zone = 1st candle's High-Low range

2️⃣ ZONE VALIDITY
• EB zones only shown BELOW current price (Support)
• ES zones only shown ABOVE current price (Resistance)
• Zones auto-delete when price touches them

3️⃣ MTF CONFLUENCE
• When a higher TF zone contains lower TF zones inside
• More overlapping zones = Stronger signal
• MTF ZONE (2 TF) → STRONG MTF (3 TF) → VERY STRONG MTF (4 TF) → SUPER MTF (5+ TF)

4️⃣ ENTRY SIGNALS
• Price touches zone + Confirmation EB/ES pattern = Entry
• Automatic SL (below/above recent swing)
• Automatic TP (based on Risk:Reward ratio)

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🎨 COLOR SCHEME
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🩷 Monthly - Pink/Magenta
💜 Weekly - Purple
💙 Daily - Blue
🧡 4H - Orange
💛 2H - Yellow
🩵 1H - Cyan
🟢 15M - Green
🟢 5M - Light Green

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🔔 ALERT SYSTEM
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MASTER ALERTS (Recommended - saves alert limit):
• 🎯 ALL ZONE TOUCH - Any zone touch
• 🚀 ALL ENTRY SIGNALS - Any BUY/SELL entry

INDIVIDUAL ALERTS:
• Ready alerts (price approaching zone)
• Touch alerts (price touching zone)
• Separate BUY/SELL alerts

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⚙️ SETTINGS
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TIMEFRAME SCANNING: Enable/disable each timeframe
ENTRY SETTINGS: Confirmation TF, SL Buffer, TP Ratio
RSI SETTINGS: Length, Divergence display options
ZONE COLORS: Customize colors for each timeframe
ALERT SETTINGS: Ready distance, Enable/disable alerts

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📈 BEST PRACTICES
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• Use on 15M or 5M chart for intraday trading
• Focus on MTF zones (2+ timeframes) for higher probability
• Combine with RSI divergence for confirmation
• Use master alerts to save TradingView alert limits
• Always use proper risk management



### 1. MTF CONFLUENCE DETECTION

When multiple timeframe zones overlap, the system automatically detects and labels them:

| Overlap | Label | Strength |
|---------|-------|----------|
| 2 TF zones | MTF ZONE | Good |
| 3 TF zones | ⭐ STRONG MTF | Better |
| 4 TF zones | ⭐⭐ VERY STRONG MTF | Great |
| 5+ TF zones | ⭐⭐⭐ SUPER MTF | Best |

**Example**: If a Weekly ES zone contains a Daily ES zone and a 4H ES zone inside it, the Weekly zone will be labeled as "⭐ STRONG MTF (3 TF)"

### 2. RSI DIVERGENCE

The indicator detects 4 types of RSI divergence:

| Type | Price | RSI | Signal | Line Style |
|------|-------|-----|--------|------------|
| 🟢 Regular Bullish | Lower Low | Higher Low | Buy | Solid Green |
| 🟡 Hidden Bullish | Higher Low | Lower Low | Buy (Trend) | Dashed Lime |
| 🔴 Regular Bearish | Higher High | Lower High | Sell | Solid Red |
| 🟠 Hidden Bearish | Lower High | Higher High | Sell (Trend) | Dashed Orange |

### 3. ENTRY SYSTEM

**Entry Conditions**:
1. Price touches a fresh zone
2. Confirmation EB/ES pattern forms on lower timeframe
3. Entry is taken at candle close

**Stop Loss**:
- BUY: Below the lower of last 2 candles - buffer
- SELL: Above the higher of last 2 candles + buffer

**Take Profit**:
- Based on Risk:Reward ratio (default 1:2)

### 4. SETTINGS EXPLAINED

#### Timeframe Scanning
- Enable/disable each timeframe (M, W, D, 4H, 2H, 1H, 15M, 5M)
- Disable lower timeframes on higher TF charts to reduce clutter

#### Entry Settings
- **Confirmation TF**: Timeframe for entry confirmation patterns
- **SL Buffer**: Extra points added to stop loss
- **TP Ratio**: Risk:Reward ratio for take profit

#### RSI Settings
- **RSI Length**: Period for RSI calculation (default 14)
- **Show RSI Divergence**: Toggle divergence display
- **Show Regular/Hidden Divergence**: Filter divergence types
- **Pivot Lookback**: Bars to look back for pivot detection

#### Alert Settings
- **Ready Alert Distance**: Points away from zone to trigger ready alert
- **Enable Ready/Touch Alert**: Toggle alert types

### 5. ALERT SETUP

#### Recommended: Master Alerts (2 alerts only)
1. Right-click on chart → "Add Alert"
2. Condition: "MTF Engulfing Zone System [SSAS] v2"
3. Select "🎯 ALL ZONE TOUCH" for zone notifications
4. Create another alert for "🚀 ALL ENTRY SIGNALS"

#### Individual Alerts (for specific filtering)
- Ready alerts for each zone strength level
- Touch alerts for each zone strength level
- Separate BUY and SELL entry alerts

### 6. BEST TRADING PRACTICES

1. **Chart Timeframe**: Use 15M or 5M for intraday, 1H or 4H for swing
2. **Focus on MTF Zones**: Higher confluence = Higher probability
3. **Wait for Confirmation**: Don't enter just on zone touch
4. **Use RSI Divergence**: Additional confirmation
5. **Risk Management**: Never risk more than 1-2% per trade
6. **Market Context**: Consider overall trend direction

### 7. TROUBLESHOOTING

**Too many zones on chart?**
- Disable lower timeframes (5M, 15M)
- Increase chart timeframe

**Zones not appearing?**
- Check if timeframe is enabled in settings
- Ensure sufficient historical data is loaded

**Alerts not firing?**
- Verify alert is created correctly
- Check if alert conditions are enabled in settings
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⚠️ DISCLAIMER
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This indicator is for EDUCATIONAL PURPOSES ONLY. It is not financial advice. Trading involves substantial risk of loss. Past performance does not guarantee future results. Always do your own research and consult a financial advisor before trading.

**IMPORTANT RISK DISCLOSURE**

This indicator ("MTF Engulfing Zone System [SSAS] v2") is provided for **EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY**. It is not intended to be and should not be construed as financial advice, investment advice, trading advice, or any other type of advice.

**NO GUARANTEE OF PROFITS**: The use of this indicator does not guarantee profits or protect against losses. Trading in financial markets involves substantial risk of loss and is not suitable for all investors.

**PAST PERFORMANCE**: Past performance of any trading system or methodology is not necessarily indicative of future results. Historical results shown by this indicator should not be interpreted as a promise or guarantee of future performance.

**NOT A RECOMMENDATION**: Nothing contained in this indicator or its documentation constitutes a recommendation to buy, sell, or hold any security, financial product, or instrument.

**DO YOUR OWN RESEARCH**: Before making any investment decisions, you should conduct your own research, review your financial situation, and consult with a qualified financial advisor.

**RISK WARNING**:
- Trading foreign exchange, CFDs, cryptocurrencies, and other financial instruments on margin carries a high level of risk
- You may sustain a loss of some or all of your invested capital
- You should not invest money that you cannot afford to lose
- The leverage associated with trading can work against you as well as for you

**LIABILITY**: The developer of this indicator ("Shiv Shakti Algo Systems") shall not be liable for any direct, indirect, incidental, special, or consequential damages arising out of the use of this indicator.

By using this indicator, you acknowledge that you have read, understood, and agree to this disclaimer.

© 2024 Shiv Shakti Algo Systems | All Rights Reserved
#MTF #Engulfing #SupplyDemand #SmartMoney #TradingZones #RSIDivergence #Confimation Entry #Order Block #Panding Order

לפני 7 ימים

הערות שחרור

Update

לפני 6 ימים

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New Time Frame Added for Scalping And Intraday

לפני 5 ימים

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Entry And Exit Conditions Removed