May i know what is this Fib Pivots used for?

I got this indicator called Fibonacci Pivots which i not sure where i got it. May i know how it works and what time frame is it used for? thanks

Fib Pivots is not the world's most useful indicator. How do I know? Well I have never heard of it and I've read most of this forum. If you are a rookie stick to indicators that others use. Then an expert will be able to help.

I quite like the idea of support and resistance as a learning starting point, though.

You could probably go to action forex dot com and see that they have daily pivots calculated in several different ways. Fibonacci being one of them.

I'm going to agree with smikester on this one. Stick to the standard daily pivots. That's the one that gets used.

it maybe a fib line combined with daily pivot.

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swing trade

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