These formulas are from the "bobokusfibo_v2" pivot point indicator. I noticed that the weekly timeframe does not take the previous week hi/lo like the daily timeframe does and 4hr etc. I would like to see it modified to take The previous week hi/lo and other values. If anybody can do this and post it that would be great thanks.
Hi-Lo=x
.5x=y
Lo+y=Intraweek pivot
Hi-Lo=x
.191x=y
Lo+y=Intraweek support1
Hi-Lo=x
.382x=y
Lo+y+Intraweek short
Hi-Lo=x
.618x=y
Lo+y=Intraweek Long
Hi-Lo=x
.809x=y
Lo+y= Intraweek resistance1
Hi-Lo=x
.34x=y
Hi+y= Weekly long target 1
Hi-Lo=x
.55x=y
Hi+y=Weekly long target 2
Hi-Lo=x
.764x=y
Hi+y=Weekly long Target 3
Hi-Lo=x
1.764x=y
Hi+y=Weekly long Target 4
Hi-Lo=x
.34x=y
Lo-y=Weekly short Target 1
Hi-Lo=x
.55x=y
Lo-y=Weekly short Target 2
Hi-Lo=x
.764x=y
Lo-y=Weekly short Target 3
Hi-Lo=x
1.764x=y
Lo-y=Weekly short Target 4
Here is the indicator
Hi-Lo=x
.5x=y
Lo+y=Intraweek pivot
Hi-Lo=x
.191x=y
Lo+y=Intraweek support1
Hi-Lo=x
.382x=y
Lo+y+Intraweek short
Hi-Lo=x
.618x=y
Lo+y=Intraweek Long
Hi-Lo=x
.809x=y
Lo+y= Intraweek resistance1
Hi-Lo=x
.34x=y
Hi+y= Weekly long target 1
Hi-Lo=x
.55x=y
Hi+y=Weekly long target 2
Hi-Lo=x
.764x=y
Hi+y=Weekly long Target 3
Hi-Lo=x
1.764x=y
Hi+y=Weekly long Target 4
Hi-Lo=x
.34x=y
Lo-y=Weekly short Target 1
Hi-Lo=x
.55x=y
Lo-y=Weekly short Target 2
Hi-Lo=x
.764x=y
Lo-y=Weekly short Target 3
Hi-Lo=x
1.764x=y
Lo-y=Weekly short Target 4
Here is the indicator
Attached File(s)
BobokusFibo_v2.mq4
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