Best Golden Zone modded Indicator TradingView

Currency Pairs: Any

Timeframes:  Any

Minimum Deposit: Any

Recommended Account Type: ECN or Raw Spread

Leverage: From 1:30 to 1:1000

Recommend broker: Roboforex
Recommend Vps: GoVPSFX

Best Golden Zone Modded Indicator is a modified indicator for the TradingView platform, designed to simplify market analysis by automatically highlighting the “golden zone” – a key price range where the probability of a price reversal or consolidation is considered high. The indicator is based on the principles of Fibonacci and adapted to improve accuracy and ease of use compared to basic versions, such as the standard Fibonacci Retracement tool. It is likely to include improvements such as dynamic adaptation to market conditions, additional filters or visual elements.

Golden Zone Definition:
– The Golden Zone is defined as the range between the 50% and 61.8% Fibonacci levels (or 38.2%–61.8% in some modifications), which is considered a zone of high interest for traders due to the likelihood of a retest or price reversal.
– The indicator automatically calculates this zone based on the latest local maximums (Swing High) and minimums (Swing Low).