[IMBA] ALGO
[IMBA] ALGO is a market-analysis and trade-signal indicator designed to identify potential LONG and SHORT opportunities using dynamic sensitivity, price-channel analysis, and Fibonacci-based trend levels.
The indicator calculates a dynamic lookback based on the selected sensitivity and uses the highest/lowest price range to derive key Fibonacci levels (23.6%, 38.2%, 50%, 61.8%, and 78.6%). The 50% Fibonacci level is used as the primary IMBA trend line to help identify bullish and bearish market conditions.
Features include:
• Dynamic float-based sensitivity
• LONG and SHORT trend signals
• Entry, Stop Loss and TP1–TP4 levels
• Configurable TP percentages and partial allocations
• Break-Even target selection
• Fixed or Fibonacci-based Stop Loss
• Optional RSI confirmation signals
• TP, SL and Break-Even event markers
• Configurable risk and initial deposit settings
• Alert conditions for trade and target events
The indicator is intended as a market-analysis and signal-generation tool. Users should perform their own analysis and apply appropriate risk management before making trading decisions.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by GoCharting. Read more in the Terms of Use.
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