DiNapoli Target Oscillator
- Indicatori
- Olurotimi Olugbenga Awolade
- Versione: 1.0
- Attivazioni: 5
The DiNapoli Target Oscillator normalises price action within the Fibonacci swing structure, giving you a clear visual of where price sits relative to key Fibonacci levels at all times. Inspired by the DiNapoli trading method, this oscillator plots your position within the current swing and generates buy/sell signals precisely at pullback entry zones — with TP levels drawn automatically as horizontal dotted lines.
Why This Indicator?
Unlike standard oscillators that react to price noise, the DiNapoli Target Oscillator is anchored to actual swing structure. Signals only fire on closed bars — zero repainting, zero guessing. The EMA trend gate ensures you only trade with momentum, not against it.
Key Features
✓ Fibonacci-normalised oscillator (0–100 scale) based on real swing highs and lows
✓ Buy/Sell triangles plotted at optimal pullback entry zones (fully configurable)
✓ Automatic TP levels as dotted horizontal lines at Fibonacci extensions
✓ Fast/Slow EMA trend gate — only signals in the direction of trend
✓ Zero repainting — all signals confirmed on closed bars only
✓ Built-in alerts and push notifications
✓ Works on all instruments and timeframes
Input Parameters
✓ Swing Lookback (default 5) — bars used to detect swing highs/lows
✓ Swing Depth (default 30) — max bars to search for swings
✓ Oscillator Smoothing (default 3 EMA) — reduces noise
✓ Fast EMA / Slow EMA (9/21) — trend direction filter
✓ Entry Zone Lower/Upper Bounds (35/55) — customise pullback sensitivity
✓ Min Bar Spacing (6) — prevents signal clustering
✓ Alerts and Push Notifications toggles
