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"

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//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

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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.

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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/

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,...

Nicolas Pour créer des alertes, vous pouvez suivre ce petit tutoriel : https://www.prorealtime.com/f...

thibault76 Bonjour Nicolas, cette stratégie est intéressante. Par contre, en 2022, le code ne fonction...

Nicolas Aucun message d'erreur pour ma part en version 11.1. Tu es certain de créer un code d'indica...

Bhanu Pratap Great Work Sir, Hats Off.

bolsatonimora2 Hi Roberto, It is possible to modify this indicator which it marks the supports and resist...

robertogozzi What do you mean by "very high volume"? What do you want to be printed exactly?

Meta Signals Pro Pleasure ! Please let us know if you make good trades with it and if you see improvements we...

francis59 Bonjour, Bonjour, comment puis-je créer un screener basé sur cet indicateur, qui affiche le...

Trader Sab I am curious to try it how, however I get an error message for line 47 and 48 - drawsegment,...

rama what is the buy condition or sell condition for this can you suggest a code k1=1 buy and k1...

rama I would like to know at point 1 an alert or binary indicator so that I can place order

maxlys Bonjour Nicolas, merci pour ce code qui a l'air intéressant. Comment ajouter dans le code l'...

Bard Very interesting approach Vonasi! I'm getting a 404 error when trying to download though?

Vonasi I just tested and I was able to download with no error.

Psari Hi Vonasi, I am a newbie and was wondering whether you could possibly help me with this pro...

Nicolas Add indicator on price doesnt require any specific type of subcription. Click on the wrench ...

tahiti bonjour j'ai une petite question comment peux on enlevé la bar blanche sur la bougie en cour...

sixeight Hi Kris, is there a way to increase the number of rows? I get a loop error

Kris75 Hi, This is great !! anyone ever developped a strategy about it ???

swapping hello Kris75, not that I know but it is possible to make a scenario ;)

digitation Hi swapping, Thanks for sharing this useful tool. I was wondering how difficult it would be...

Hans63 Thank you swapping

FREDNC @Nicolas merci pour se remarquable indicateur, reste à voir comment on va pourvoir l'intégre...

Diamant Bonjour à vous tous, D'après vous, quelle serais la bonne période pour du trading 15 minute...

swapping fib1236 = (hiday-lowday)*1.236+lowday DrawSegment(startbar,fib1236,barindex,fib1236) colou...

swapping Oups ! Nicolas il y a un problème avec l'insertion de code en utilisant le bouton [Add PRT ...

swapping fib1236 = (hiday-lowday)*1.236+lowday DrawSegment(startbar,fib1236,barindex,fib1236) colour...

mscharstrom Hi @robertogozzi, I really love this indicator. However, I'd like to tinker with it to fit ...

Ahimsa Hi Roberto I cannot thank you enough for writing this code. It could help me more than you ...

Nicolas With PRT v11, you have to click on "price" at the upper left side of the price chart.

Nicolas Sure, I suggest you open a new topic in the forum to discuss about your ideas.

hdgm Bonjour Nicolas, est ce que l'on peut en faire une stratégie de trading automatisée ?

Nicolas Non, pas en utilisant l'indicateur zigzag traditionnel de la plateforme.

Vonasi The indicator code can easily be adapted for use as a filter in strategies as well. For exam...

AVT Tested today in manual DAX trading (transcripted to MT and changed look into aka oszillator)...

Vonasi I think that short time frame charts will be too noisy for this indicator. One blue bar real...

Vonasi I forgot to mention in the description that Sunday pivot lines are ignored and Monday's pivo...

AVT Like that, simple and clear!

Vonasi Thanks AVT. I like simple - some people would say that I do simple very well! Sometimes you ...

Van Salt Hi Bianca, the indicator shows you some interesting cluster-zones from long- and shortterm f...

Vinci1966 Questo indicatore è molto interessante. Mi sono permesso di apportare alcune modifiche nell'...

Vinci1966 // VAN SALT´s <> Version 20171105 // This Indicator draws the Shortterm and Longtern ...

Trading_En_El_Ibex35 Para calcular el punto pivote y los niveles de soporte y resistencia para operar durante la ...

supertiti Hola mis disculpas, creia que tu eres Jose Antonio Madrigal ! gracias por las explicaci...

Trading_En_El_Ibex35 espero que las explicaciones te hayan sido de ayuda saludos

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