Fibonacci Pivot Point (FIBONACCIPIVOTPOINT)
StratCraft indicator page for Fibonacci pivot levels.
Route: /indicators/fibonaccipivotpoint/
What It Does
Fibonacci Pivot Point calculates support and resistance levels using Fibonacci-style ratios.
Formula
Pivot levels are derived from the prior period's open, close, high, and low using ratios such as 0.382, 0.618, and 1.
Parameters
open- defaultFalseclose- defaultFalse_autoplot- defaultTruelevel1- default0.382level2- default0.618level3- default1
C++23 API
#include <nonabt/indicators/fibonaccipivotpoint.hpp>
auto fib = std::make_unique<nonabt::FIBONACCIPIVOTPOINT>(data(), false, false, true, 0.382, 0.618, 1.0);
Common Usage
- Use Fibonacci pivots for target and stop placement.
- Combine them with intraday swing analysis.
- Helpful for support and resistance mapping.
Practical Pattern
Price reaction around the 0.382 and 0.618 levels often provides clean trade reference points.
