KitoBoy_trading_Bay/Sell_GRAAL

This script is an indispensable tool for traders, which includes such tools as support and resistance levels, Slip Loss or Super trend, display of maximum volume levels and trading. Average moving averages. Using Fibonacci and Camarilla levels, as well as pivot reversal levels, the indicator shows buy zones and optimal sell zones for any instrument.

The indicator can be used on different timeframes, which makes it suitable for both intraday and medium-term trading.

For example, on a 15-minute timeframe, this indicator shows optimal points for buying and selling during the day, buying at the lower levels, highlighted in red, such as Target 1 and Target 2, which are often good points for buying.

These levels are automatically updated once a day and are dynamic, every day at 03:00 with new price values and targets, thereby showing where to buy the instrument and where to sell with targets for each day.

The essence of this indicator is as follows:

it divides the chart into zones where... The optimal zone for buying any instrument is Bay Reversal and is highlighted in green.

When the price goes below, the next zone for buying is the Break Down zone and level. This level is the lower boundary of the price channel and most often becomes a reversal level during standard corrections.

In the event of a breakout and consolidation of the price below this level, most often the price comes and reverses from the following levels - these are the lower Target 1 and Target 2, which are the main targets for correction and the best points for entering a position.

Most often, the price falsely pierces them, collecting stop orders under them and reverses, through reversal formations, changing the trend to the opposite.

Having bought and gained a position between the values from the Bay Reversal - Break Down - Targets levels and having received a great average purchase price for the instrument, we place limit orders for sale at the levels - Sell Reversal - we transfer the first take and stop to no loss.

The next targets for taking profit will be the Break Out levels and the two upper Targets, these are the main targets for fixing the position.

I will give you an example of a successful and correct setup using this indicator:

I want to buy bitcoin for $ 200 full pose ✍️

I divide the entry into 4 parts:

- where the first purchase is for $ 10 from the level according to the Bay Reversal indicator

- the 2nd purchase is for $ 20 from the Break Down level, which is important! double volume

- 3rd purchase for $40 from the lower level of Target 1, the price comes there in 90% of cases❗️and most often reverses from it

- 4th top-up happens rarely, so I hold $130 for this case and buy from the last lower target 2 and wait for the targets.

The first take to fix the profit occurs at the Sell Reversal level, where we fix part of the position and move the stop to no loss❗️

Next by targets🎯, where the level of the next profit fixation = Break Out control and exit the position completely at the upper values = Target 1 and Target 2, where the deal is completely closed.

IMPORTANT! We always hide the stop for these setups behind the lower target 2 by 5%

Ideally, the best prices are to buy at the lower targets and sell at the upper targets
with a clear stop, behind the lower targets. I do not recommend ignoring stops. Safety first.

We have thought of everything for you, here are the pivots and levels, and trend and Fibonacci levels.... In a word, the grail! No analogues. Works like a clock on all time frames.

The nearest frame is a daily, the beginning of the month, new targets. Working out according to the timing is 1 month

Time frame is a week - working out according to the timing is half a year

Time frame is 15 minutes, targets within a day, at 03.00 each day = new targets for the day.

TF 1 hour - 4 hours - 12 hours = targets for the week. Every Monday at 03.00 new targets for the new week.

Month - working out for a year, main goals for the cycle.

For any questions, write to me in a personal message @Igor_Vorobyev

A truly worthy, necessary and useful script.