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Fibonacci Magic Pivot Levels

Fibonacci Magic Pivot Levels

The Fibonacci Magic Pivot Levels is a powerful yet easy to use indicator. It continuously monitors intra-day price action and uses complex algorithms to calculate and detect key support, resistance and pivot levels, using the D1 timeframe as a filter. The  Fibonacci Magic Pivot Levels is optimized for H4, H1, M30, M15, M5 & M1 timeframes and can be used on ALL Currencies, Indices, Commodities, and Cryptocurrency pairs. Trade with improved confidence and maximize your success rate.

Benefits

  • FMPL works with any asset. It can be used on currencies, indices, commodities and stocks using the MT4 platform.
  • Optimized for all chart timeframes. It is best viewed oon the H1 and lower timeframes.
  • Provides signals for any direction. Whether price action is in an uptrend, downtrend or trading sideways, FMPL is always consistent.
  • User friendly and suitable for beginners and experts. FMPL is a simple drag-and-drop indicator, and if you understand the basic theory of Fibonacci levels and trading strategies, this tool becomes that much more powerful

How to use

  • Buy/Rent and install the indicator in your MT4 terminal.
  • Select, drag and drop the indicator onto any chart.
  • Adjust the colour settings of the various magic pivot levels as you wish.
  • That's it! Let FMPL show you its power and reveal the magic pivot levels; The rest is up to you to use your trading knowledge and experience to maximize your success rate.

 

Disclaimer

Forex and synthetic indices trading involves risk. Carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.

None of the information contained herein are a recommendation or financial advice in any meaning whatsoever, also in the meaning of any trading act or law. I am not accountable for your trading in any way.

Under no circumstance will we provide refunds for our EA's (Robots), Indicators and other software and trading tools purchased from us.

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缠中说禅在MT4的应用,该指标自动识别分型,划笔,划线段,显示笔中枢,线段中枢,也可以根据需求在参数中设置显示自己所需要的。 1.笔采用条件较为宽松的新笔。 2.当前分型与前面分型不能构成笔时,若与前面笔同向且创新高或新底时会延伸笔,若与前面笔异向且符合替换条件则去除倒数第一笔,直接倒数第二笔。 3.线段的终结第一类情况:缺口封闭,再次创新高或新底新低,则判为终结,同时破坏那一笔的右侧考虑特征序列包含。 4.线段终结的第二类情况,缺口未封闭,考虑后一段特征序列分型出现新的顶底分型,同时做了包含处理。 5.中枢必须有退出段才进行显示,中枢的进入段和退出段必须同向。 中枢的进入段起始点 ( 上下上结构的) 必须高于GG,或( 下上下结构的)必须 低于DD; 中枢的退出段结束点 (下上下结构的) 必须高于GG,或 (上下上结构的)  必须低于DD。
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Version 1.2 2023.07.24
- Code optimization for better and more accurate detection of fibonacci pivot levels.
Version 1.1 2022.08.14
> Optimized and improved code, for more efficient running and use of PC resources
> Improved calculation and placement of key pivot levels and support and resistance zones