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BHUVANA Fibonacci squeezed 50%–61.8% band

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This indicator is designed based on XAUUSD and in the 5 min time frame,When it looks like upstairs it is BUY trend (uptrend),Wjen it looks like downstairs the trend is sell (ie)Down trend)

Swing mapping: Finds the active high/low over a user-defined lookback and computes Fib 50% and Fib 61.8%.

Squeeze detection: Measures the distance between 50% and 61.8%. If the band width is ≤ (ATR × multiplier), the zone is flagged as a Squeeze.

Breakout entries (on close):

Long when price crosses up through 50% while squeezed.

Short when price crosses down through 61.8% while squeezed.

Risk framework: Auto-plots stop lines from the signal bar:

Long SL = swing low; Short SL = swing high.

Visuals: Fib lines (50/61.8) + optional yellow zone highlight during squeeze.

면책사항

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