ISV-200 - PRO
The indicator automatically finds peaks or troughs in combination with Bollinger Bands and MACD divergence to enable entry points.
Indicator
Isv-200
Institutional Structure & Volatility (ISV-200)Key Features:
Triple Top / Triple Bottom Confirmation: With the Fractal 12 setting, this indicator filters out 90% of market noise. When you see three identical fractal triangles appearing in the same price zone near the BB 200 bands, it serves as a high-conviction confirmation for a Triple Top or Triple Bottom pattern.
Institutional BB 200: The 200-period Bollinger Bands act as a "psychological wall" for institutional players. Price reactions at the BB 200 bands combined with Fractal confirmations provide high-probability reversal signals.
ATR Clean UI: To maintain a clutter-free chart, volatility values are displayed exclusively in the Status Line. This allows for rapid Risk/Reward calculations (e.g., MIL:SL = 2 \times ATR$) without visual distraction.
How to Trade Triple Tops & Bottoms:
Monitor the Zones: Watch for price action as it approaches the Upper BB (for shorts) or Lower BB (for longs).
Wait for Confirmation: Look for three consecutive Fractals of the same color to form within that price zone.
Execute the Trade: Enter your position at the formation of the third peak or third trough (the 3rd Fractal).
Risk Management: Use the ATR value shown in the top-left corner to set your stop loss. A common rule is: SL = Entry +- (2ATR)
Technical Specifications:
BB Length: 200 (Institutional Trend)
Fractal Period: 12 (High-frequency noise reduction)
Visuals: Automatic trendlines connecting recent structure highs/lows for easier pattern recognition.
Indicator
