Indicator IronBot v3 for TradingView

Description

Introduction
IronBot V3 is a TradingView indicator that analyzes market trends, identifies potential trading opportunities, and helps manage trades by visualizing entry points, stop-loss levels, and take-profit targets.

How It Works
The indicator evaluates price action within a specified analysis window to determine market trends. It uses Fibonacci retracement levels to identify key price levels for trend detection and trading signals. Based on user-defined inputs, it calculates and displays trade levels, including entry points, stop-loss, and multiple take-profit levels.

Trend Definition:

1. The highest high and lowest low are calculated over a specified number of candles.
2. The price range is determined as the difference between the highest high and lowest low.
3. Three Fibonacci levels are calculated within this range:
   – Fib Level 0.236
   – Trend Line (0.5 level)
   – Fib Level 0.786

Determining Long and Short Conditions:
Long Conditions (Buy):

• The closing price must be above both the trend line (0.5 level) and the Fib Level 0.236.
• Additionally, the market must not currently be in a bearish trend.