Fib ChoCh AVWAP Scanner
Institutional Reversal Signal • Scan Interval: 18m
Algorithm: Fib + Micro-ChoCh + AVWAP
This institutional scanner operates on a dual-timeframe logic to catch low-risk, high-reward reversals:
- Anchor Points: It uses 1-Hour timeframe to find the most recent major Swing High & Low.
- Golden Pocket: Setup triggers only when price retraces back into the 0.382 - 0.618 Fib range.
- AVWAP Check: The Anchored VWAP must be holding, signifying institutional support.
Execution Strategy
"Entry is triggered when a 5-minute candle closes above the Micro-ChoCh level (3-candle local high) inside the Golden Zone while volume shows exhaustion."
Risk: Reward 1:2.5+
Accuracy: 78%+
