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Thread: Fibo Pivot

  1. #1
    Senior Member
    Join Date
    Oct 2011
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    Italia
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    273

    Fibo Pivot

    Hi guys, this is a simple fibo pivot indicator, it calculate the main fibo resistances and supports every day, it's very simple, and in many cases our patterns are going to bounce on these levels, here an example of the 15 min butterfly of this morning, the D point it s on the support 2 of the fibo pivot, later this evening on the 1h bearish gartley, the price reached the resitance 3 and then reversed... now the price it's capped by the resistance 2



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    fibo pivot 2.ex4fibo pivot 2.mq4

  2. #2
    Member
    Join Date
    Nov 2011
    Posts
    89
    nice.. I'll be happy to try it, maybe I'll load some screenshot.. thanks kid!

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