Thanks for the valuable share above. How do I use fibonacci pivots indicator for intraday trading? Can someone please the user reference of this indicator?
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How do I use fibonacci pivots indicator for intraday trading?
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Hi Nyman, thanks for writing in.
The documentation for Fibonacci Pivots can be found here with an example of how to use it:
Start out by using Print on the values it outputs:
Code:// Evaluates that this is a valid pivot point value if (FibonacciPivots(PivotRange.Daily, HLCCalculati onMode.DailyBars, 0, 0, 0, 20).Pp.IsValidDataPoint (0)) { // Prints the current pivot point value double valuePp = FibonacciPivots(PivotRange.Dail y, HLCCalculationMode.DailyBars, 0, 0, 0, 20).Pp[0]; Print("The current Pivots' pivot value is " + valuePp.ToString()); }
-ChrisLChris L.NinjaTrader Customer Service
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Does anyone know why I'm getting this error message and how to fix it? I'm using a multi timeframe chart, a daily in the background and a 15 min for entries. Fibonacci Pivot setup as follows:
else if (State == State.Configure)
{
AddDataSeries(Data.BarsPeriodType.Day, 1);
}
else if (State == State.DataLoaded)
{
FibonacciPivots1 = FibonacciPivots(Closes[1], PivotRange.Daily, HLCCalculationMode.CalcFromIntradayData, 0, 0, 0, 20);
FibonacciPivots1.Plots[0].Brush = Brushes.Goldenrod;
FibonacciPivots1.Plots[1].Brush = Brushes.DodgerBlue;
FibonacciPivots1.Plots[2].Brush = Brushes.DodgerBlue;
FibonacciPivots1.Plots[3].Brush = Brushes.DodgerBlue;
FibonacciPivots1.Plots[4].Brush = Brushes.Crimson;
FibonacciPivots1.Plots[5].Brush = Brushes.Crimson;
FibonacciPivots1.Plots[6].Brush = Brushes.Crimson;
AddChartIndicator(FibonacciPivots1);
}
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