This indicator has been created to automatically find the sweet spot for two fib levels. 0.618 & 0.66
- Using 3 Time Frame pivot points for fibs
- Each Time Frame pivot has fib retracement levels with customizable levels
- dynamic pivot left and right lookback period to adjust the lag in the higher highs and lower lows
Note: You need to have the chart time frame on the lowest fib time frame.
Recommended to use for scalping
0.618 & 0.66 for each Time frame.
1hr, 4hr, 1day
Recommended to use for Swing
0.618 & 0.68 for each Time frame.
4hr, 1day, 3day
but you can still use your own strategy using 4 fib levels.
The idea is based on the course material from Chart Champions
Its recommended using S&R levels or session volume to confirm entry or exit
- Using 3 Time Frame pivot points for fibs
- Each Time Frame pivot has fib retracement levels with customizable levels
- dynamic pivot left and right lookback period to adjust the lag in the higher highs and lower lows
Note: You need to have the chart time frame on the lowest fib time frame.
Recommended to use for scalping
0.618 & 0.66 for each Time frame.
1hr, 4hr, 1day
Recommended to use for Swing
0.618 & 0.68 for each Time frame.
4hr, 1day, 3day
but you can still use your own strategy using 4 fib levels.
The idea is based on the course material from Chart Champions
Its recommended using S&R levels or session volume to confirm entry or exit
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update chart image, and version number