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GainMachine

Extended Fibonacci Pivot

GainMachine Updated   
Trend Analysis Moving Averages pivot fibonaccianalysis fibonaccipivotpoints
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trendanalysis movingaverage pivot fibonaccianalysis fibonaccipivotpoints
Editable Fibonacci Pivots. 0.236, 0.382, 0.618, 0.786, 1.000. Easy to extend further if needed. Can be used with intervals from 1 minute to 1 Day.

A Few Recommended timeframes:


  • 1 minute chart - 15 Minute Pivot Timeframe

    3 minute chart - 1 Hour Timeframe or Daily Timeframe

    15 Minutes to < 60 Minutes - Daily Timeframe

    1 Hour to 4 Hour - Weekly Timeframe

    Daily - Monthly Timeframe

snapshot
Release Notes:
V5

Extended to 10 pivot levels due to current market volatility
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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