Jauqius

Automatic Fibonacci Pivot Point S/R Levels

This is a great tool to find confluences between Fibonacci Pivot point on various time frames.

Fib Pivots used
23.6%
38.2%
50%
61.8%
76.4%
100%
127.2%
141.4%
161.8%
200%

If price is between two levels on the update the lines shift

Yearly Pivots shown on 1m - Daily timeframes
PIvots recalculate on every day

Monthly pivots show on 1m - 60m timeframes
Pivots recalculate every hour

Weekly pivots show on 1m - 15m timeframes
Pivots recalculate every 30m

There is a lot of code but it got the job done.
It would easy to interchange if you prefer different types of pivots
It would be easy to add an on/off if you dont want so many levels on your smaller time frames

If anyone can streamline it please do
Release Notes: A much cleaner code...

A huge shoutout goes out to Quant Nomad and HPotter for the different pieces that helped me bring this together.

I few notes I wanted to add. This tool is built to be used along your standard fibonacci pivot points to find pivot point confluences from higher timeframes
It is not to user friendly being that I do not have many changeable inputs but code should be relatively easy to change at will

Noted Updates

- The 15 minute chart now shows all of the S/R (Yearly, Monthly, and Weekly)
- The labeling for 1H chart line is cleaned up
- The changes now correctly occur across all trading instruments
Remove from Favorite Scripts Add to Favorite Scripts

Comments

WOWWWWW THANKS
+1 Reply
Amaizing
+1 Reply
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