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Fib Pivot?

  • #1
  • First Post: Jan 5, 2007 10:20am Jan 5, 2007 10:20am
does anybody have the fib pivot indicator with daily, weekly and monthly pivots? thanks a lot!

I'm still not sure what the difference between regular pivots and fib pivots..but I'm just curious how it looks
  • #2
  • Jan 5, 2007 11:44am Jan 5, 2007 11:44am
Quoting hilmy83
does anybody have the fib pivot indicator with daily, weekly and monthly pivots? thanks a lot!

I'm still not sure what the difference between regular pivots and fib pivots..but I'm just curious how it looks
I've played with this indicator. It is the one that was used in Dynamicsoul's thread on M/T. He seemed to have good luck with it. In my opinion it is always easier to point to great examples after the fact. I don't think you can display more than one time frame at a time with out renaming the indicator and running several versions with different settings. You can adjust time period. It is set to the default = one day = 1440. Use 10080 for week etc.. Leave the settings in the default position. If you turn pivots on you get S1 R1 instead of fib pivots.

Example: Indicator on 5min chart.
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File Type: mq4 Live Charts Fib Pivots.mq4   17 KB | 2,095 downloads
  • #3
  • Last Post: Jan 5, 2007 2:46pm Jan 5, 2007 2:46pm
Quoting nvwine
I've played with this indicator. It is the one that was used in Dynamicsoul's thread on M/T. He seemed to have good luck with it. In my opinion it is always easier to point to great examples after the fact. I don't think you can display more than one time frame at a time with out renaming the indicator and running several versions with different settings. You can adjust time period. It is set to the default = one day = 1440. Use 10080 for week etc.. Leave the settings in the default position. If you turn pivots on you get S1 R1 instead of fib pivots.

Example: Indicator on 5min chart.
thank you very much..i'll check it out
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