This indicator automatically draws up to Three Sets of Fibonacci Pivot levels based on the previous Candle period's Range (High-Low). The HLC3 is used as the default Pivotal level. Only the most Recent period Candle Levels are displayed. The longer Weekly and Monthly sets are particularly useful in finding long term Supply and Demand levels.
The three sets of selectable periods are spit into the following sets:
Daily Set (1,2,3,4,5,7,10 or 14 Days)
Weekly Set (1,2,3,4,5,10, or 13 Weeks)
Monthly Set (1,2,3,4,5,6,9 or 12 months)
Each set has the option to display Extension levels.
The Pivotal Level HLC3 and Range = (High - Low), are extracted from previous Period Candle.
FIB LEVELS Colours (same in each period set):
Yellow = Pivot and Pivot Zone (HLC3 by default)
Fuchsia = R1,S1 Levels 0.368 * Range
Lime = R2,S2 Levels 0.618 * Range
Red = R3,S3 Levels 0.786 * Range
Aqua = R4,S4 Levels 1.000 * Range
Green = R5,S5 Levels 1.236 * Range
Orange = R6,S6 Levels 1.382 * Range
Black = R7,S7 Levels 1.618 * Range
Maroon = R8,S8 Levels 2.000 * Range
ملاحظات الأخبار
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R3 Patch
Change "tickerid" to "ticker" in security calls, this allows script to work with Renko charts.
@JustUncleL could you explain how to adjust this on the chart? The pivot levels are not fixed and is moving while I scroll or scale the chart. Scale auto is turned on. Am I missing something?
JustUncleL
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@peterquillv2, The Pivot lines are fixed to the current time, so when you scroll back in time they will scroll off the chart.
dhavalec0586
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@JustUncleL, Hi . . .First Thanks that You Have done Tremendous Work . . Really Appreciated your Work But Mr. Peter Quillv2 is Right When you are in AUTO Mode over Chart you are able to see the Levels but you are not in Auto Mode Levels are not align . .
kingrex
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Applied to and SPY 3min chart, but nothing plots. Any idea why? Thank you for your help in advance.
Hello there,
Thank you for your interesting indicator
But I need to just have previous high,low,close of daily and weekly in a single float for example for usdjpy something look like this --> 109.085
Not a series of number just on candle back
Can you help with this issue?
Best regards
Going2BNerfedNextPatch
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How could we change the code so it shows the last x pivots on the chart and not only the current one?