Enigma Unlocked 2.0

3 日前

Description for "Enigma Unlocked 2.0" Pine Script Indicator
Overview
Enigma Unlocked 2.0 is an advanced and highly customizable indicator designed to deliver actionable buy and sell signals by leveraging precise candlestick logic during specific market transitions. This indicator is built for flexibility, helping traders identify high-probability trade setups during key trading periods, specifically the transitions between the Asian Kill Zone and London Kill Zone as well as the London Kill Zone and New York Kill Zone on the 30-minute timeframe.

By combining Enigma Unlocked 2.0 with the ICT Killzones & Pivots [TFO] indicator, traders can gain a deeper understanding of the timing and location of these transitions. Waiting for signals during these defined kill zones increases the likelihood of finding high-probability trade setups.

How to Use
Follow the Kill Zone Transitions:

Use the ICT Killzones & Pivots [TFO] indicator to clearly visualize the boundaries of the Asian, London, and New York kill zones.
Focus on the signals generated by Enigma Unlocked 2.0 that align with these kill zone transitions.
Plotting Entries and Targets with Gann Box:

For Buy Signals:

Use the Gann Box tool to mark the high and low of the signal candle.
Ensure your Gann Box settings include only the 50%, 0%, and 100% levels.
Your entry zone lies between the 50% and 100% levels (discount zone). This is where buy trades are expected to offer an optimal risk-reward ratio.
For Sell Signals:

Similarly, plot the Gann Box on the high and low of the signal candle.
The 50% to 100% zone acts as the premium area for sell trades.
Setting Stop Loss and Targets:

To identify a safe stop loss, split the 50% zone of the Gann Box using another Gann Box.
Draw the secondary Gann Box from 50% to 100% of the initial box, then extend it to double the height.
For sell trades, place the stop loss above the extended 100% level.
For buy trades, place the stop loss below the extended 100% level.
Aim for a minimum of 1:1 risk-to-reward to ensure optimal trade management.
How It Works
Buy Logic:

Buy Logic 1: Detects a bullish candle (close > open) that:
Closes above its midpoint (50% of the candle body).
Has a low lower than the previous candle's low.
Buy Logic 2: Identifies a bearish candle (close < open) that:
Closes above its midpoint (50% of the candle body).
Has a low lower than the previous candle's low.
Sell Logic:

Sell Logic 1: Detects a bearish candle (close < open) that:
Closes below its midpoint (50% of the candle body).
Has a high higher than the previous candle's high.
Sell Logic 2: Identifies a bullish candle (close > open) that:
Closes below its midpoint (50% of the candle body).
Has a high higher than the previous candle's high.
Real-Time Alerts and Visual Cues:

Green triangles below candles indicate buy opportunities.
Red triangles above candles indicate sell opportunities.
Built-in alert conditions notify you of signals in real-time, so you never miss a trading opportunity.
Why Use Enigma Unlocked 2.0?
Precision: Advanced candlestick logic ensures that signals are generated only under optimal conditions.
Session-Based Filtering: Signals occur exclusively during the most active market sessions (kill zones), improving trade quality.
Visualization: Simple yet effective tools like Gann Box integration and clear visual signals make this indicator easy to use and highly effective.
Real-Time Alerts: Stay informed of potential trades even when you're away from your screen.
Enigma Unlocked 2.0 empowers traders to harness the power of candlestick analysis and session-based strategies for disciplined and effective trading. Pair this with a solid understanding of risk management and kill zones to achieve consistent results in your trading journey.

一昨日

リリースノート

Description for "Enigma Unlocked 2.0" Pine Script Indicator
Enigma Unlocked 2.0 is an advanced and highly customizable indicator designed to deliver actionable buy and sell signals by leveraging precise candlestick logic during specific market transitions. This indicator is built for flexibility, helping traders identify high-probability trade setups during key trading periods, specifically the transitions between the Asian Kill Zone and London Kill Zone as well as the London Kill Zone and New York Kill Zone on the 30-minute timeframe.


By combining Enigma Unlocked 2.0 with the ICT Killzones & Pivots [TFO] indicator, traders can gain a deeper understanding of the timing and location of these transitions. Waiting for signals during these defined kill zones increases the likelihood of finding high-probability trade setups.

New Feature: EMA Filter
The latest update introduces an optional EMA filter, allowing traders to refine their signals further. When enabled, the EMA filter restricts buy signals to conditions where the EMA is trending upwards and sell signals to conditions where the EMA is trending downwards. This enhancement adds another layer of confirmation, improving signal quality and trader confidence.



How to Use
Follow the Kill Zone Transitions:

Use the ICT Killzones & Pivots [TFO] indicator to clearly visualize the boundaries of the Asian, London, and New York kill zones.
Focus on the signals generated by Enigma Unlocked 2.0 that align with these kill zone transitions.
Enable the EMA Filter:
Toggle the EMA filter on to apply an additional trend-based condition to your signals.
Customize the EMA period to match your trading style and preferences.

Plotting Entries and Targets with Gann Box:

For Buy Signals:
Use the Gann Box tool to mark the high and low of the signal candle.
Ensure your Gann Box settings include only the 50%, 0%, and 100% levels.
Your entry zone lies between the 50% and 100% levels (discount zone). This is where buy trades are expected to offer an optimal risk-reward ratio.

For Sell Signals:
Similarly, plot the Gann Box on the high and low of the signal candle.
The 50% to 100% zone acts as the premium area for sell trades.

Setting Stop Loss and Targets:
To identify a safe stop loss, split the 50% zone of the Gann Box using another Gann Box.
Draw the secondary Gann Box from 50% to 100% of the initial box, then extend it to double the height.
For sell trades, place the stop loss above the extended 100% level.
For buy trades, place the stop loss below the extended 100% level.
Aim for a minimum of 1:1 risk-to-reward to ensure optimal trade management.

How It Works
Buy Logic:

Buy Logic 1: Detects a bullish candle (close > open) that:
Closes above its midpoint (50% of the candle body).
Has a low lower than the previous candle's low.

Buy Logic 2: Identifies a bearish candle (close < open) that:
Closes above its midpoint (50% of the candle body).
Has a low lower than the previous candle's low.

Sell Logic:

Sell Logic 1: Detects a bearish candle (close < open) that:
Closes below its midpoint (50% of the candle body).
Has a high higher than the previous candle's high.

Sell Logic 2: Identifies a bullish candle (close > open) that:
Closes below its midpoint (50% of the candle body).
Has a high higher than the previous candle's high.

EMA Filter Logic:
When enabled, the EMA filter ensures:
Buy signals are generated only if the EMA is trending upwards.
Sell signals are generated only if the EMA is trending downwards.

Real-Time Alerts and Visual Cues:
Green triangles below candles indicate buy opportunities.
Red triangles above candles indicate sell opportunities.
Built-in alert conditions notify you of signals in real-time, so you never miss a trading opportunity.

Why Use Enigma Unlocked 2.0?
Precision: Advanced candlestick logic ensures that signals are generated only under optimal conditions.
EMA Filtering: The optional EMA filter adds a trend-following dimension to signal generation.
Session-Based Filtering: Signals occur exclusively during the most active market sessions (kill zones), improving trade quality.
Visualization: Simple yet effective tools like Gann Box integration and clear visual signals make this indicator easy to use and highly effective.
Real-Time Alerts: Stay informed of potential trades even when you're away from your screen.

Enigma Unlocked 2.0 empowers traders to harness the power of candlestick analysis, trend filtering, and session-based strategies for disciplined and effective trading. Pair this with a solid understanding of risk management and kill zones to achieve consistent results in your trading journey.