Fibonacci Pivots Monthly and Weekly Full (no history)
Inspired by FxChartAnalyst trader, with his great Monthly Weekly Daily Pivot Points Standard indicator tradingview.com/u/FxChartAnalyst/
This indicator calculates and plots both Monthly and Weekly pivots on a chart. Pivots are based on the Fibonacci ratios of the previous Month/Week candle close.
can u explain a little bit about how to take trades?
RAZNET
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@nilanjan62, Thanks for asking. Search internet for "davit pivot fibonacci" Good luck!
nilanjan62
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@RAZNET, i didnt found by typing that, can you please give me a link?
RAZNET
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Please search Internet on how to use/trade Fibonacci Pivot levels. Just can recommend trading Fibonacci Weekly pivots only while watching for the coincidence of Monthly, Weekly and possibly Daily fib pivots on one chart (which means strong support/resistance level)
Good luck everyone.
sudeepkumar264
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Sir I request you to provide toggle switch for turning on/off weekly or monthly levels for Better visibility. Amazing script..no doubt in that.
Traderhan_BIST
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Lines (red and blue) were seen before, but now the default lines are not visible. I made the default in the settings but it still didn't happen. So now only values are visible .. can you help .
RAZNET
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@Traderhan_BIST, This months just started. Go to M30 or lower timeframe and zoom out till you see the beginning of January (where fib levels should start plotting from) Thanks.