Gym Bro Strategy
- Göstergeler
- Karim Abdelwahab
- Sürüm: 1.17
Gym Bro Strategy is a technical indicator based on the classic Weekly Pivot Point system. It is designed to assist traders in identifying trend direction, potential entry zones, and risk management levels using a fitness-themed visualization interface.
The name "Gym Bro" refers to the indicator's unique visual metaphor, which categorizes market trends into "Bulking" (Upward Momentum) or "Cutting" (Downward Momentum) phases. This thematic approach simplifies complex price action into clearly defined zones for traders who prefer an alternative to traditional line charts.
Underlying Strategy
The core logic is based on mathematical Pivot Points (High + Low + Close / 3). The indicator automatically calculates:
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Central Pivot: Determines the weekly directional bias.
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Support & Resistance (S1/R1): Identifies optimal retracement zones for potential entries.
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Extensions (R2/S2): Projects statistical probability targets for take-profit levels.
Visual Key & Terminology
This tool uses specific labels to represent standard technical levels:
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The Rack: Represents the Central Pivot Point. Price holding above this level indicates a bullish bias; price below indicates a bearish bias.
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Pre-Workout Zone: Represents the area between the Central Pivot and the first Support/Resistance level. This is the Retracement Zone for identifying entries in the direction of the trend.
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Personal Best: Represents Target 1 (Conservative Take Profit).
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Mr. Olympia: Represents Target 2 (Extended Take Profit).
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Skipped Leg Day: Represents the Invalidation Level (Stop Loss). A break of this level signals a potential trend reversal.
Features
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Automated Calculations: No manual drawing required. Levels update automatically at the start of each week.
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Trend Filtering: Select between "Bulking Mode" (Long positions) or "Cutting Mode" (Short positions) to filter signals.
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History Display: Option to view past performance of zones and levels for backtesting.
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Dashboard: A text panel displaying the current status of the pivot levels relative to live price.
Input Parameters
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Bias Mode: Select the direction of the analysis (Bulking/Bullish or Cutting/Bearish).
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Timeframe: Set the period for pivot calculations (Default: Weekly).
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History Depth: Number of past periods to display on the chart.
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Visual Settings: Customizable colors for all zones, lines, and text labels.
Risk Warning
This product is a technical analysis tool provided for informational purposes. Trading involves significant risk. Past performance of pivot points is not indicative of future results.
