Munkhtur

Nov 6, 2018 1:06 PM

Fibonacci-Pivot Point

OANDA:GBPUSD60

GBP/USDOANDA

Description

⋅ Nov 6, 2018 1:06 PM

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

Release Notes

⋅ Nov 7, 2018 6:43 AM

Extended Pivot lines

Release Notes

⋅ Nov 7, 2018 7:01 AM

setoff=0

Release Notes

⋅ Nov 7, 2018 11:16 AM

possible to add alert on the zones.

Release Notes

⋅ Jan 25, 2019 3:17 PM

Updated zones.
Zones are fibo 78-100levels.

Release Notes

⋅ Jan 25, 2019 3:26 PM

Update.

Release Notes

⋅ Jan 25, 2019 3:32 PM

added 138 161 levels.

Release Notes

⋅ Dec 5, 2019 11:45 AM

updated

Release Notes

⋅ Dec 5, 2019 12:02 PM

update

Release Notes

⋅ Dec 5, 2019 3:21 PM

update

Comments

yossi223

⋅ Dec 2, 2021 6:42 AM

Awesome tool!
Well done

raiinzen

⋅ Aug 6, 2020 5:49 PM

This indicator is awesome. With a few EMAs, I feel like this has improved my strategy about 80%. Thank you!

Munkhtur

⋅ Mar 10, 2022 4:43 AM

@raiinzen, Happy to hear that.

Munkhtur

⋅ Nov 22, 2018 1:45 AM

Results.

lukegray86

⋅ Dec 1, 2021 5:14 AM

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

⋅ Mar 10, 2022 4:49 AM

Hi @lukegray86, I'm not sure what is your idea. DM me if you are still interested. I will try to modify.

vensonom

⋅ Jul 27, 2021 9:01 PM

Hi, any idea why the Pivot levels change completely when using Heiken-Ashi Bars ?

Munkhtur

⋅ Mar 10, 2022 4:42 AM

@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

⋅ Oct 13, 2020 7:59 PM

how can i use this

Munkhtur

⋅ Mar 10, 2022 4:42 AM

@mangelv942, Hello? You can add it to your chart.