OPEN-SOURCE SCRIPT
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OTE optimal trade entry (ICT); visible chart only: Dynamic

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-simple tool based on ICT free YouTube material of many years.
-Highlights a box showing Optimal Trade Entry (OTE): 61.8% - 78.6% retracement
-Auto shifts depending on Bull or Bear move on chart.
--If visible chart is Bullish (low then high): shows OTE box 61.8-78.6% retracement down from the high
--If visible chart is Bearish (high then low): shows OTE box 61.8-78.6% retracement up from the low

-Thanks the use of PineCoders Visible Chart Library, and some of the example code there



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Added color formatting options
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removed redundant code; made some explanatory comments
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removed redundant variables for Bar, volume and Label
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-corrected small error in Fib number (inverse of 78.6 is 21.4 not 23.6)
-added more Fib levels to play around with (default toggled off)
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-added option to plot two user input Fib Extensions (projected Fib extensions) for cases where price might fully reverse and reach beyond the high / low
-added user toggle show/hide labels for Fib Extensions
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fixed issue with fib extension labels
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-Added option to flip/invert Fib projections (above range or below range)
-tweaked code for Extension labels to always display positive numbers
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(removed unrelated drawings from displayed chart)
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~Added user choice of Bodies or wicks (i.e. draw the high-low fib range from body high/low or from wick high/low; default is wicks)
~Removed Library dependency and put all the required functions directly into the script
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Corrected default Fib extension levels
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Revised this to call from a custom library to reduce code length
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-Added more Fib Extensions: total of 6 optional fib extensions now
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-corrected Fib titles in settings box
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-Added option to toggle on/off Fib Retracement price labels. Default is off

면책사항

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