Limit Zone Phenix Final

# Limit Zone Phenix Final — Description for TradingView

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LIMIT ZONE PHENIX FINAL
Professional Smart Money Concepts (SMC) Support & Resistance Indicator

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📊 WHAT IS LIMIT ZONE PHENIX FINAL?

Limit Zone Phenix Final is an institutional-grade indicator designed to identify and track significant support and resistance levels using pivot point methodology combined with advanced Smart Money Concepts (SMC) principles.

The indicator automatically detects swing highs and lows, creates horizontal limit zones, and manages them intelligently through a history-based architecture that never loses data due to object limits.

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🎯 KEY FEATURES

✅ PIVOT-BASED LEVEL DETECTION
• Identifies swing highs (resistance) and swing lows (support)
• Configurable left/right bar sensitivity for precise extremum confirmation
• Eliminates noise by requiring multi-bar confirmation

✅ INFINITE HISTORY ARCHITECTURE
• Stores up to 5,000 historical levels in memory
• Never loses data when display limits are reached
• When a level is invalidated, the next live level automatically appears
• Perfect for long-term analysis and backtesting

✅ DUAL INVALIDATION MODES
• Wick Break: Level invalidated when price wick crosses the zone
• Body Break: Level invalidated when candle body closes beyond the zone
• Choose the mode that matches your trading style

✅ INDEPENDENT ZONE CONTROL
• Separate maximum display limits for resistance and support zones
• Display 1-100 zones independently for each type
• Customize colors, line width, and line style for each

✅ ANTI-REPAINT PROTECTION
• All level creation and invalidation occurs only on confirmed candles (barstate.isconfirmed)
• Zero repainting — what you see is what you get
• Reliable for strategy backtesting and live trading

✅ PROFESSIONAL STYLING
• Separate Style menu for all visual parameters
• Separate Logic menu for all trading parameters
• Solid, Dashed, or Dotted line styles
• Full color customization

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⚙️ HOW TO USE

1. ADD TO CHART
• Open any chart on TradingView
• Search for "Limit Zone Phenix Final"
• Click "Add to Chart"

2. CONFIGURE LOGIC SETTINGS
• Pivot Left Bars: Number of bars to the left for extremum confirmation (default: 5)
• Pivot Right Bars: Number of bars to the right for extremum confirmation (default: 5)
• Max Resistance Zones: Maximum resistance lines to display (default: 10)
• Max Support Zones: Maximum support lines to display (default: 10)
• Invalidation Mode: Choose "Wick" or "Body" break (default: Wick)
• History Capacity: Maximum levels stored in memory (default: 1000)

3. CUSTOMIZE STYLE
• Resistance Color: Choose your preferred color for resistance zones
• Support Color: Choose your preferred color for support zones
• Resistance Width: Line thickness (1-5 pixels)
• Support Width: Line thickness (1-5 pixels)
• Resistance Style: Solid, Dashed, or Dotted
• Support Style: Solid, Dashed, or Dotted

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💡 TRADING APPLICATIONS

🔹 SWING TRADING
• Identify key support/resistance for entry and exit points
• Set stop losses below support or above resistance
• Take profits at next resistance/support level

🔹 SCALPING
• Use smaller pivot settings (Left/Right = 2-3) for micro-levels
• Combine with lower timeframes (5m, 15m)
• Quick reversals at limit zones

🔹 POSITION TRADING
• Use larger pivot settings (Left/Right = 10-20) for macro-levels
• Identify major support/resistance on daily/weekly charts
• Long-term trend analysis

🔹 CONFLUENCE TRADING
• Combine with other indicators (moving averages, trendlines, volume)
• Look for price reactions at multiple zones simultaneously
• Higher probability setups

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🔧 TECHNICAL SPECIFICATIONS

• Language: Pine Script v6
• Compatibility: TradingView (all chart types)
• Max Objects: 500 lines (optimized pool architecture)
• History Capacity: Up to 5,000 levels
• Repaint Protection: Full (barstate.isconfirmed)
• Performance: Optimized for all timeframes

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📈 EXAMPLE SCENARIOS

SCENARIO 1: Max Zones = 1
• Display only the most recent LIVE resistance and support
• When price breaks a level → next level appears instantly
• Perfect for traders who want minimal clutter

SCENARIO 2: Max Zones = 10
• Display 10 most recent resistance and 10 most recent support
• See multiple levels at once for confluence analysis
• Ideal for swing traders

SCENARIO 3: Wick vs Body Invalidation
• Wick Mode: More sensitive, levels invalidate on wick touch
• Body Mode: More conservative, levels invalidate on close beyond
• Choose based on your risk tolerance

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⚠️ IMPORTANT NOTES

• This indicator identifies PIVOT-BASED levels, not every price extreme
• Levels require multi-bar confirmation (Left/Right bars)
• Not all price swings will create zones — only confirmed pivots
• Combine with price action analysis for best results
• Always use proper risk management and stop losses

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🏆 PHENIX STANDARD

Limit Zone Phenix Final is built to institutional standards:
✓ Smart Money Concepts (SMC) methodology
✓ Anti-repaint architecture
✓ Infinite history management
✓ Professional code quality (Pine Script v6)
✓ Optimized performance

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📞 SUPPORT & FEEDBACK

If you have questions, suggestions, or encounter issues:
• Leave a comment below
• Check the chart examples
• Test on different timeframes and assets

Happy Trading! 🚀