Fibonacci Magic Pivot Levels
- Tumelo Trevor Thudinyane
- Version: 1.1
- Aktualisiert: 14 August 2022
- Aktivierungen: 5
The Fibonacci Magic Pivot Levels is a powerful yet easy to use indicator. It continuously monitors intra-day price action and uses complex algorithms to calculate and detect key support, resistance and pivot levels, using the D1 timeframe as a filter. The Fibonacci Magic Pivot Levels is optimized for H4, H1, M30, M15, M5 & M1 timeframes and can be used on ALL Currencies, Indices, Commodities, and Cryptocurrency pairs. Trade with improved confidence and maximize your success rate.
Benefits of the Fibonacci Magic Pivot Levels Indicator
- FMPL works with any asset
It can be used on currencies indices commodities, stocks, and cryptocurrencies with any broker using the MT4 platform.
- Provides signals for any direction
Whether price action is is an uptrend, downtrend or trading sideways, FMPL is consistent in always providing superiors signals.
- Potential to maximize profits
Gain confidence in understanding the direction of the trend and key pivot levels, and trade like a pro.
- Does not affect the functioning of the terminal
FMPL indicator has a very lightweight and optimized codebase so it avoids overloading the terminal.
- Optimized for all chart timeframes
FMPL is fully optimized for all chart timeframes. It is best viewed on the H1 and lower time frames.
- Suitable for all Windows-powered PCs
The indicator can be installed on any PC.
- User friendly and suitable for beginners and experts
FMPL indicator is a simple drag and drop indicator, and if you understand the basic theory of Fibonacci levels and trading strategies, this tool becomes that much more powerful.
How to use the Fibonacci Magic Pivot Levels indicator
- Buy/Rent and install the indicator in your MT4 terminal.
- Select, drag and drop the indicator onto any chart.
- Adjust the colour settings of the various magic pivot levels as you wish.
- That's it! Let FMPL show you its power and reveal the magic pivot levels; The rest is up to you to use your trading knowledge and experience to maximize your success rate.