Pivot minus 0.382 of the prior UTC day range, in price.
Preview
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What it measures
The same pivot, with its levels stepped off at Fibonacci fractions of the prior range.
- Inputs
- First ratio 0.382
- Output
- A line, in price
- Feeds
- Entry and exit rules
- Warm-up
- 2 bars before its first reading
- Updates
- When each bar closes
- Filters entries
- No. It’s measured and charted, and doesn’t change which entries are taken.
- Part of
- Pivot Points Fibonacci
- Also known as
- Fib Pivots