Pivot Point Fibo RSJ
- Indicators
-
JETINVEST
Roberto Junqueira, is Trader for over 20 years and has been developing indicators and trading experts for more than 10 years for the Forex, Cryptocurrencies and Stock Exchanges markets. - Version: 1.0
Up to 7 Fibonacci pivot levels per side. For graded supply/demand zones with retest count: Supply Demand RSJ PRO
Pivot Point Fibo RSJ draws the daily pivot point and its support and resistance levels calculated with Fibonacci ratios.
It plots up to 7 support levels and 7 resistance levels from the previous day's high, low and close. Traders use these levels as reference areas to plan entries, exits and stop placement during the day.
Features
- Up to 7 levels of support and 7 levels of resistance
- Four calculation types: three Fibonacci variants and the classic pivot
- Individual colors for each level
Inputs
- Pivot Type
- Pivot Fibo RSJ1 = Fibonacci ratio set 1
- Pivot Fibo RSJ2 = Fibonacci ratio set 2
- Pivot Fibo RSJ3 = Fibonacci ratio set 3
- Pivot Fibo Classic = classic pivot calculation
- Minimum Pivot Levels: 3, 4, 5, 6 or 7 levels per side
If you have questions, please send me a direct message: https://www.mql5.com/en/users/robsjunqueira/

a good guide for me...i use it also as a measure of volatility