MG - Multiple time frame pivot alert - 1.0
Indicator currently allows pivots from two time frames (ideally a trading time frame and a higher time frame) to be specified.
In the example, the 1H time frame is being used for entries using the 4H time frame (8 candles pivot width = 2 4H candles) as the trading time frame and the daily chart (48 candles pivot width = 2 daily candles) as the higher time frame.
This allows one to visually higher time frame Fibonacci swings and allows them to accurately perform Fibonacci analysis without having to switch to a higher time frame
In the example, the 1H time frame is being used for entries using the 4H time frame (8 candles pivot width = 2 4H candles) as the trading time frame and the daily chart (48 candles pivot width = 2 daily candles) as the higher time frame.
This allows one to visually higher time frame Fibonacci swings and allows them to accurately perform Fibonacci analysis without having to switch to a higher time frame
Versionshinweise:
Added entry time frame (can be stopped in display settings)
The main reason is you may want to trading the 1H chart with the 4H chart as your higher time frame but still want to see the daily chart pivots
The main reason is you may want to trading the 1H chart with the 4H chart as your higher time frame but still want to see the daily chart pivots