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 - default False
  • close - default False
  • _autoplot - default True
  • level1 - default 0.382
  • level2 - default 0.618
  • level3 - default 1

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.