Fibonacci Pivots Points 4 Hours, Daily, Weekly and Monthly

This is a whole new pivot points indicator with multiple timeframe capabilities:

4 different timeframes possible, make selection with “PivotTF” setting:

0 = Daily pivot points

1 = Weekly pivot points

2 = Monthly pivot points

3 = 4 hours pivots points

This pivots points indicator display also Fibonacci retracement numbers from previous period.

In settings, you also have the possibility to plot or not some informations:

_ middle pivot points (lines)

_ pivots and Fibonacci pivot points labels

_ pivots prices

_ “zones”(plotted with rectangles) between S1 and S2, and between R1 and R2

//PRC_PivotFibo MTF | indicator
//03.11.2017
//Nicolas @ www.prorealcode.com
//Sharing ProRealTime knowledge

defparam drawonlastbaronly=true

// --- settings 
//PlotPivots=1
//PlotPivotsLabels=1
//PlotPivotsPrices=1
//PlotMiddle=0
//PlotFibots=1
//PlotFibotsLabel=1
//PlotZones=1
//PivotTF = 3 //0=daily , 1=weekly , 2=monthly, 3=4 hours
// --- end of settings 

if intradaybarindex=0 then
 if PivotTF=0 then
  firstbar=barindex
  cclose=close[1]
  hhigh=hh
  llow=ll
 endif
 hh=0
 ll=close*10
endif

if PivotTF=0 then
 hh=max(hh,high)
 ll=min(ll,low)
elsif  PivotTF=1 then
 if DayOfWeek<DayOfWeek[1] then
  hhigh = Highest[BarIndex - lastWeekBarIndex](High)[1]
  llow = Lowest[BarIndex - lastWeekBarIndex](Low)[1]
  cclose=close[1]
  lastWeekBarIndex = BarIndex
  firstbar=barindex
 Endif
elsif PivotTF=2 then
 If Month<>Month[1] then
  hhigh = Highest[BarIndex - lastMonthBarIndex](High)[1]
  llow = Lowest[BarIndex - lastMonthBarIndex](Low)[1]
  cclose=close[1]
  lastMonthBarIndex = BarIndex
  firstbar=barindex
 endif
elsif PivotTF=3 then //H4 timeframe
 if minute=0 and (hour=0 or hour=4 or hour=8 or hour=12 or hour=16 or hour=20) then
  hhigh = Highest[BarIndex - last4HourBarIndex](High)[1]
  llow = Lowest[BarIndex - last4HourBarIndex](Low)[1]
  cclose=close[0]
  last4HourBarIndex = BarIndex[0]
  firstbar=barindex[0]
 endif
endif

if(PlotPivots) then
 PP = (hhigh+llow+cclose)/3.0
           
 R1 = PP+0.382*(hhigh-llow)
 rR2 = PP+0.618*(hhigh-llow)
 R3 = PP+1.000*(hhigh-llow)
            
 S1 = PP-0.382*(hhigh-llow)
 S2 = PP-0.618*(hhigh-llow)
 S3 = PP-1.000*(hhigh-llow)

 if(PlotMiddle) then
  M0=0.5*(S2+S3)
  M1=0.5*(S1+S2)
  M2=0.5*(PP+S1)
  M3=0.5*(PP+R1)
  M4=0.5*(R1+rR2)
  M5=0.5*(rR2+R3)
 endif

 if(PlotPivotsLabels) then
  drawtext("PP",barindex,PP-2*pointsize,Dialog,Standard,10)coloured(255,255,255)
  drawtext("R1",barindex,R1-2*pointsize,Dialog,Standard,10)coloured(128,0,0)
  drawtext("R2",barindex,RR2-2*pointsize,Dialog,Standard,10)coloured(128,0,0)
  drawtext("R3",barindex,R3-2*pointsize,Dialog,Standard,10)coloured(128,0,0)
  drawtext("S1",barindex,S1-2*pointsize,Dialog,Standard,10)coloured(0,128,0)
  drawtext("S2",barindex,S2-2*pointsize,Dialog,Standard,10)coloured(0,128,0)
  drawtext("S3",barindex,S3-2*pointsize,Dialog,Standard,10)coloured(0,128,0)
 endif
 if(PlotPivotsPrices) then
  drawtext("#PP#",firstbar,PP-4*pointsize,Dialog,Standard,13)coloured(255,255,255)
  drawtext("#R1#",firstbar,R1-4*pointsize,Dialog,Standard,13)coloured(128,0,0)
  drawtext("#rR2#",firstbar,RR2-4*pointsize,Dialog,Standard,13)coloured(128,0,0)
  drawtext("#R3#",firstbar,R3-4*pointsize,Dialog,Standard,13)coloured(128,0,0)
  drawtext("#S1#",firstbar,S1-4*pointsize,Dialog,Standard,13)coloured(0,128,0)
  drawtext("#S2#",firstbar,S2-4*pointsize,Dialog,Standard,13)coloured(0,128,0)
  drawtext("#S3#",firstbar,S3-4*pointsize,Dialog,Standard,13)coloured(0,128,0)
 endif
 if(PlotZones) then
  drawrectangle(firstbar,rr2,barindex,(rr2+r1)/2) coloured(255,160,122,100)
  drawrectangle(firstbar,s2,barindex,(s1+s2)/2) coloured(32,178,170)
 endif
endif
     
if(PlotFibots) then
 f236 = (llow+(((hhigh-llow)/100)*(100-23.6)))
 f382 = (llow+(((hhigh-llow)/100)*(100-38.2)))
 f50  = (llow+(((hhigh-llow)/100)*(100-50)))
 f618 = (llow+(((hhigh-llow)/100)*(38.2)))
 f786 = (llow+(((hhigh-llow)/100)*(21.4)))
 if(PlotFibotsLabel) then
  drawtext("23.6%",barindex,f236-1*pointsize,Dialog,Standard,10)coloured(100,100,100)
  drawtext("38.2%",barindex,f382-1*pointsize,Dialog,Standard,10)coloured(100,100,100)
  drawtext("50%",barindex,f50-1*pointsize,Dialog,Standard,10)coloured(100,100,100)
  drawtext("61.8%",barindex,f618-1*pointsize,Dialog,Standard,10)coloured(100,100,100)
  drawtext("78.6%",barindex,f786-1*pointsize,Dialog,Standard,10)coloured(100,100,100)
 endif
endif

return f236 coloured(100,100,100), f382 coloured(100,100,100), f50 coloured(100,100,100), f618 coloured(100,100,100), f786 coloured(100,100,100), M0,M1,M2,M3,M4,M5, PP coloured(255,255,255) style(line,3) as "PP", R1 coloured(128,0,0) style(line,3) as "R1", rR2 coloured(128,0,0) style(line,3) as "R2", R3 coloured(128,0,0) style(line,3) as "R3", S1 coloured(0,128,0) style(line,3) as "S1",S2 coloured(0,128,0) style(line,3) as "S2", S3 coloured(0,128,0) style(line,3) as "S3"

100

101

102

103

104

105

106

107

108

109

110

111

112

113

114

115

116

117

118

//PRC_PivotFibo MTF | indicator

//03.11.2017

//Nicolas @ www.prorealcode.com

//Sharing ProRealTime knowledge

defparam drawonlastbaronly=true

// --- settings

//PlotPivots=1

//PlotPivotsLabels=1

//PlotPivotsPrices=1

//PlotMiddle=0

//PlotFibots=1

//PlotFibotsLabel=1

//PlotZones=1

//PivotTF = 3 //0=daily , 1=weekly , 2=monthly, 3=4 hours

// --- end of settings

if intradaybarindex=0 then

if PivotTF=0 then

firstbar=barindex

cclose=close[1]

hhigh=hh

llow=ll

endif

hh=0

ll=close*10

endif

if PivotTF=0 then

hh=max(hh,high)

ll=min(ll,low)

elsif PivotTF=1 then

if DayOfWeek<DayOfWeek[1] then

hhigh = Highest[BarIndex - lastWeekBarIndex](High)[1]

llow = Lowest[BarIndex - lastWeekBarIndex](Low)[1]

cclose=close[1]

lastWeekBarIndex = BarIndex

firstbar=barindex

Endif

elsif PivotTF=2 then

If Month<>Month[1] then

hhigh = Highest[BarIndex - lastMonthBarIndex](High)[1]

llow = Lowest[BarIndex - lastMonthBarIndex](Low)[1]

cclose=close[1]

lastMonthBarIndex = BarIndex

firstbar=barindex

endif

elsif PivotTF=3 then //H4 timeframe

if minute=0 and (hour=0 or hour=4 or hour=8 or hour=12 or hour=16 or hour=20) then

hhigh = Highest[BarIndex - last4HourBarIndex](High)[1]

llow = Lowest[BarIndex - last4HourBarIndex](Low)[1]

cclose=close[0]

last4HourBarIndex = BarIndex[0]

firstbar=barindex[0]

endif

if(PlotPivots) then

PP = (hhigh+llow+cclose)/3.0

R1 = PP+0.382*(hhigh-llow)

rR2 = PP+0.618*(hhigh-llow)

R3 = PP+1.000*(hhigh-llow)

S1 = PP-0.382*(hhigh-llow)

S2 = PP-0.618*(hhigh-llow)

S3 = PP-1.000*(hhigh-llow)

if(PlotMiddle) then

M0=0.5*(S2+S3)

M1=0.5*(S1+S2)

M2=0.5*(PP+S1)

M3=0.5*(PP+R1)

M4=0.5*(R1+rR2)

M5=0.5*(rR2+R3)

endif

if(PlotPivotsLabels) then

drawtext("PP",barindex,PP-2*pointsize,Dialog,Standard,10)coloured(255,255,255)

drawtext("R1",barindex,R1-2*pointsize,Dialog,Standard,10)coloured(128,0,0)

drawtext("R2",barindex,RR2-2*pointsize,Dialog,Standard,10)coloured(128,0,0)

drawtext("R3",barindex,R3-2*pointsize,Dialog,Standard,10)coloured(128,0,0)

drawtext("S1",barindex,S1-2*pointsize,Dialog,Standard,10)coloured(0,128,0)

drawtext("S2",barindex,S2-2*pointsize,Dialog,Standard,10)coloured(0,128,0)

drawtext("S3",barindex,S3-2*pointsize,Dialog,Standard,10)coloured(0,128,0)

endif

if(PlotPivotsPrices) then

drawtext("#PP#",firstbar,PP-4*pointsize,Dialog,Standard,13)coloured(255,255,255)

drawtext("#R1#",firstbar,R1-4*pointsize,Dialog,Standard,13)coloured(128,0,0)

drawtext("#rR2#",firstbar,RR2-4*pointsize,Dialog,Standard,13)coloured(128,0,0)

drawtext("#R3#",firstbar,R3-4*pointsize,Dialog,Standard,13)coloured(128,0,0)

drawtext("#S1#",firstbar,S1-4*pointsize,Dialog,Standard,13)coloured(0,128,0)

drawtext("#S2#",firstbar,S2-4*pointsize,Dialog,Standard,13)coloured(0,128,0)

drawtext("#S3#",firstbar,S3-4*pointsize,Dialog,Standard,13)coloured(0,128,0)

endif

if(PlotZones) then

drawrectangle(firstbar,rr2,barindex,(rr2+r1)/2) coloured(255,160,122,100)

drawrectangle(firstbar,s2,barindex,(s1+s2)/2) coloured(32,178,170)

endif

if(PlotFibots) then

f236 = (llow+(((hhigh-llow)/100)*(100-23.6)))

f382 = (llow+(((hhigh-llow)/100)*(100-38.2)))

f50 = (llow+(((hhigh-llow)/100)*(100-50)))

f618 = (llow+(((hhigh-llow)/100)*(38.2)))

f786 = (llow+(((hhigh-llow)/100)*(21.4)))

if(PlotFibotsLabel) then

drawtext("23.6%",barindex,f236-1*pointsize,Dialog,Standard,10)coloured(100,100,100)

drawtext("38.2%",barindex,f382-1*pointsize,Dialog,Standard,10)coloured(100,100,100)

drawtext("50%",barindex,f50-1*pointsize,Dialog,Standard,10)coloured(100,100,100)

drawtext("61.8%",barindex,f618-1*pointsize,Dialog,Standard,10)coloured(100,100,100)

drawtext("78.6%",barindex,f786-1*pointsize,Dialog,Standard,10)coloured(100,100,100)

endif

return f236 coloured(100,100,100), f382 coloured(100,100,100), f50 coloured(100,100,100), f618 coloured(100,100,100), f786 coloured(100,100,100), M0,M1,M2,M3,M4,M5, PP coloured(255,255,255) style(line,3) as "PP", R1 coloured(128,0,0) style(line,3) as "R1", rR2 coloured(128,0,0) style(line,3) as "R2", R3 coloured(128,0,0) style(line,3) as "R3", S1 coloured(0,128,0) style(line,3) as "S1",S2 coloured(0,128,0) style(line,3) as "S2", S3 coloured(0,128,0) style(line,3) as "S3"

fibonacci pivot pivot points

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments :

Filename : download the ITF files

How to import ITF files into ProRealTime platform?

Find other exclusive trading pro-tools on

PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials


swapping • 11/03/2017 #
Toujours aussi prolifique notre ami Nicolas 🙂 Je vais certainement le “détourner” pour utiliser le tracé des niveaux Fibonacci afin d’avoir les niveaux d’intervention en continu comme par exemple le
“max/min”

d’un actif…
Merci pour tout ce travail, cordialement

jhonhamy • 11/03/2017 #
Un grand merci Nicolas pour ton travail.

MERCI

wglsdzb • 11/03/2017 #
Each time you switch the time period or First loading, the indicator shows a line that is crowded to one line. You need to pull it manually. How do you improve it?
- Nicolas • 11/03/2017 #
  Make vertical scaling to use price only in price settings.

Alai-n • 11/03/2017 #
Bonjour,

Pourquoi le “//PRC_PivotFibo MTF | indicator” ne s’affiche t’il pas sur les graphiques en Ticks???
- Nicolas • 11/03/2017 #
  Puisque l’indicateur se référe à des données qui peuvent être très loin dans le passé (changement d’un mois à un autre par exemple), assurez vous d’avoir assez d’historique affiché !!!
- Alai-n • 11/03/2017 #
  Je ne peux aller plus loin que le 30.10.2017 sur un graphique en Ticks. Et cela ne fonctionne pas! Quoiqu’il en soit merci pour ce travail c’est un outil très utile…
- Alai-n • 11/03/2017 #
  Merci pour ce travail…

Bianca • 11/03/2017 #
Bonjour Nicolas, tu as fait qc avec les estensioni de Fibonacci? daily et weeckly?
2) question, est’il possible de donner une petite tollerance aux niveaux fibo en partant de volumes?

HouseChuck • 11/03/2017 #
Bonjour Nicolas, ils sont super tes programmes. Une question: sais-tu comment faire des lignes horizontaux, comme ici les pivots, sans qu’il y a des traits/lignes diagonales/verticales entre les periodes? PRT le fasse avec ses pivots (et PRT ajoute un label à la fin de chaque segment) mais je n’arrive pas a le réproduire dans mes propres programmes. Dans tout cas, merci pour tes contributions et bonne fêtes de fin d’année.
- Nicolas • 11/03/2017 #
  Il faut tracer des segments d’un point à l’autre.

HouseChuck • 11/03/2017 #
D’accord, merci beaucoup.

redz • 11/03/2017 #
bonjour nicolas,
comment on peut faire pour que les points pivots apparaissent en 15min , c.a.d calculés en pivot fibo de 15min.
- Nicolas • 11/03/2017 #
  Il faudrait recoder un tout autre indicateur.

redz • 11/03/2017 #
c’est pas si simple, puisque j’utilise des ut 1min pour scalper, donc avec des PP fibo 15 min , cela aurait été plus simple.
moi qui croyait qu’il fallait juste rajouter 2 ou 3 lignes de code.
merci nicolas pour ton travail
- Nicolas • 11/03/2017 #
  Merci de faire une demande spécifique sur le forum et j’essaierai d’y remédier.

redz • 11/03/2017 #
voila nicolas c’est fait
https://www.prorealcode.com/topic/demande-de-programmation-point-fibo-sur-timeframe-de-15-min-et-5-min/
- Nicolas • 11/03/2017 #
  Merci, je m’en occupe dès que possible.

Nostromo111 • 11/03/2017 #
Hi Nicolas, I love this indicator except one thing, the vertical lines linking the horizontal pivot lines are really annoying to me, can you please show me or link how to change this indicator so it draws just horizontal lines for the pivots? I am guessing it needs to use code like this (https://www.prorealcode.com/documentation/drawline/) but plot the lines for each period (weekly) and I don’t know how to do that bit. Any help is much appreciated!
- Nicolas • 11/03/2017 #
  Please open a new topic in the forum for this specific coding question, and respect the posting rules.

IV Mcm • 11/03/2017 #
Fibonacci pivots represent the price evolution much better than classical pivots.

It is more efficient to work with these levels, thank you Nicolas.

FXTT • 11/03/2017 #
Hi Nicholas, thanks for the indicator, is it possible to modify it to include the previous days range Fib extensions i.e. previous day’s range x 1.618, just as you have down the fib retracements of the precious days range? Also, is it possible to define the start and end time of the pivot calculation?. Many thanks in advance

FXTT • 11/03/2017 #
further to my comment this thread : https://www.prorealcode.com/prorealtime-indicators/intraday-flexible-camarilla-pivot-points/ has the ability to define timeframe and start and end times for the pivot calculation but only for Camarilla. If that could be included in Nicholas’s above pivot indicator it would further enhance it. is it possible to modify it? apologies but i am new here so don’t know if requests for modifications accepted. Ifnot then apologies and thanks for your efforts.
- Nicolas • 11/03/2017 #
  Please open a new forum topic, and respect the posting rules. Add a precise description of what you need.

FXTT • 11/03/2017 #
ok will do, apologies, as I said I am new here. many thanks
- Noobywan • 11/03/2017 #
  Version v2 including requested additions: https://www.prorealcode.com/prorealtime-indicators/fibonacci-pivots-points-v2-inc-custom-time-settings-for-daily/

Razz Hello, thank you for your indicator. Can you please tell me how I can change the text size,...

Iván Hi! you have all information about it here (https://www.prorealcode.com/documentation/drawte...

Miro Mis felicitaciones por este indicador. Funciona muy bien en el corto plazo. Gracias gracias ...

Regisnew finaly the screener could be something like this for green blocks but it probably could be b...

efahmy the support and resistance colors become darker and darker with the time, could you please c...

Iván Hi. You can change colors in lines 75,76,91,92

Iván Hi, Sorry, but what do you mean?

luiskohnen Hola, queria saber si el indicador repinta, porque a mi me parecio que si. Saludos y gracias...

Diamant Bonsoir, L'un d'entre vous peut-il me donner les définissions de LL-HH-LH et HL. Merci d'av...

Iván Hi We could find stocks with sweep on: //PRC_Sweep Institucional //version = 0 //28.0...

inverse Like the way you think Ivan ... :)

ar Bonjour Ivan et merci pour ton partage, Est-il possible d'avoir ce code en ITF

YvesRobert Hi smp, how should I configure this indicator because everything is at zero -> High, Clos...

smp Hi, this is an end of day pivots indicator, so you need to find the end of day pivot info; t...

YvesRobert Thank you smp.

cdc.andersson Hej! Jag försöker lära mig att koda PRT. Jag vill testa en strategi med RSI-värde, ATR-värde...

Swingforfortune Du kan väl jämföra om open > close (röd) eller open < close (grön)

Jigsaw20000 Bonjour, Je voudrais mettre le liens du code en format .itf mais je n'y arrive pas , quelqu'...

Corto78 Il faut aller dans la liste des ProBacktest & Trading Automatique (là ou tu as créer ton...

Malloc Bonjour, Votre système a l'air intéressant et prometteur mais en l'état il est inutilisable...

Noobywan (My apologies for unformatted code, the formatting only works in forum or library posts not ...

Noobywan Hi FXTT, no problem for requests (as long as no one requests me singing), just usually it’s ...

JC_Bywan Bug fix at line 38, should be: if changebarre or (opentime[1]=start) then (same as in ...

Nicolas Oui c'est possible. Merci de ne pas poster des demandes qui sont hors sujets. Pour les deman...

Igor Merci pour cet itf. Question : comment faire pour instruire un screener ?

Nicolas tester le croisement du Close avec la première valeur de l'indicateur : "TrailingStop", faci...

Nicolas Oui le code est correct et il fonctionne, j'ai de bons résultats sur la liste NASDAQ par exe...

pincherman Bonjour :-) J'ai coller le script dans prorealtime pour jouer avec le supertrend et j'ai un...

Nicolas Vous l'avez sans doute collé au mauvais endroit, dans l'éditeur de code pour les stratégies,...

Share this

Likes