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Munkhtur
6 Th11 2018 13:06

Fibonacci-Pivot Point 

GBP/USDOANDA

Mô tả

Fibonacci Pivot Point Indicator

Default Time Frame = Weekly
Buy Sell zones

Pivot Levels




  • PP 0.00% white line = Pivot point
    SR red lines = Support Resistance Level 1, Fibonacci 38.2
    SR aqua zones = Support Resistance Trading zone, Fibonacci 61.8~78.6
    SR blue lines = Support Resistance Level 4, Fibonacci 100

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Extended Pivot lines

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setoff=0

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possible to add alert on the zones.

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Updated zones.
Zones are fibo 78-100levels.

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Update.

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added 138 161 levels.

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updated

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update

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update
Bình luận
yossi223
Awesome tool!
Well done
raiinzen
This indicator is awesome. With a few EMAs, I feel like this has improved my strategy about 80%. Thank you!
Munkhtur
@raiinzen, Happy to hear that.
Munkhtur
Results.
lukegray86
Munkhtur,
I have been in search of Fib levels plotted on the Time (X) axis. Would it be possible to modify this script to project fib levels from Swings to represent reversals in time? I am looking to match these up with the price action clusters formed by the fib and pivot points.

Thanks
Munkhtur
Hi @lukegray86, I'm not sure what is your idea. DM me if you are still interested. I will try to modify.
vensonom
Hi, any idea why the Pivot levels change completely when using Heiken-Ashi Bars ?
Munkhtur
@vensonom, Hello? Because this script uses candle open close and high lows. So Heiken ashi candle OHLC's are different from regular candles. That's why.
mangelv942
how can i use this
Munkhtur
@mangelv942, Hello? You can add it to your chart.
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