I need an indicator made pinescript v5

Can you recreate this indicator in pinescript v5

search for it in tradingview through google.

Automated-MSB-OTE-Fibs-and-Premium-Discount/

Must have alerts for fib crossing different levels.



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This is what i need replicated.

/script/TwHt6Vvd-Automated-MSB-OTE-Fibs-and-Premium-Discount/

add

t r a d i n g v i e w . c o m

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indicator automatically draws OTE levels and premium/discount ranges, particularly following a market structure break (MSB).

It uses pivot points and candle body analysis to draw these lines. The indicator provides real-time updates and has various customization options, including adjusting pivot strength, lookback period for MSBs, and visual settings. Additionally, it offers features like multi-time frame functionality, custom time frames, and the ability to identify "ChoCh" (Change of Character), MSB in the trend.

Inputs: Allows configuring the Period and ATR Multiple parameters. Also Multi-timeframe

OTE High/Low: Uses the highest() and lowest() functions to find the highest high and lowest low over the specified Period. This establishes the OTE (origin of trend extreme) levels.

ATR: Calculates the Average True Range (ATR) over the Period using the atr() function.

Upper/Lower Fibs: Calculates the Upper and Lower Fibonacci retracement levels by taking the OTE High/Low and adding/subtracting the ATR * ATR Multiple.

Fib Lines: Plots horizontal lines for the Upper and Lower Fib levels.

Premium %: Calculates the premium as the percentage difference between the close price and the Upper Fib level. Provides a visualization of how much the price has extended above the upper Fib.

Premium Histogram: Plots the premium percentage as a histogram for easy visualization. Histogram bars grow taller as premium increases.

Colors: Customizable colors for the Fib lines and Premium Histogram.


Building the function of this indicator in Pine Script :

1. Identify MSB (Market Structure Break): The indicator first needs to find a pivot point in the price data, then check if this pivot has been broken by a candle body.

2. Calculate Premium/Discount Range: After identifying the MSB, the indicator calculates the premium/discount range. This involves finding the high and low prices before and after the MSB.

3. it draws OTE levels and Fibonacci retracement levels based on the calculated premium/discount range.


5. itmust allow customization of various settings, such as pivot strength, lookback period, and visual appearance.