OPEN-SOURCE SCRIPT
3GBH - Pivot Points & Fib Levels
This indicator displays Pivot Points & Fib Levels based on the timeframe you select.
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There are 3-levels of support/resistance to the Pivot Points.
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Currently there are only Fib-Levels based on the 1st Pivot Levels.
Fibs will be added to the other 2 levels in the near future.
The Golden Ratio is highlighted by default.
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The Pivot Line is either green or red depending on whether the price is above or below.
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Fibonacci tools are quickly becoming a favorite of mine. This helps me to practice working with them,
and may help to be more efficient in doing analysis.
-----
There are 3-levels of support/resistance to the Pivot Points.
-----
Currently there are only Fib-Levels based on the 1st Pivot Levels.
Fibs will be added to the other 2 levels in the near future.
The Golden Ratio is highlighted by default.
-----
The Pivot Line is either green or red depending on whether the price is above or below.
-----
Fibonacci tools are quickly becoming a favorite of mine. This helps me to practice working with them,
and may help to be more efficient in doing analysis.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.