Kreslik.com - traders community since 2006

Posted: **Wed Mar 19, 2008 2:59 pm**

I originally posted this on TSD then ND burried it in some old piv thread. So I'm putting it here for discussion, where it belongs in the first place.

This is a combination of Triangular price calculation and Fibonacci retracement levels. The levels can be deadly accurate, especially when they overlap a key fib or pivot point.

How are they calculated?
The IND searches for triangular rings containing the chart symbol. It then calculates the new pivot levels based on the 0% and 100% fibonacci retracement levels of the remaining two symbols using the 1=(a/b)*(b/c)*(c/a) formula.

Why does it work?
FM

Posted: **Sat Sep 20, 2008 2:24 am**

Thanks Nicholishen for sharing your indicator. I assume the market must be open in order for it to display. I look forward to testing this out!

Posted: **Mon Oct 13, 2008 2:26 pm**

Thanks for sharing this indicator!I will test it in my strategy that is both fibo and pivot based.

Posted: **Sat Oct 18, 2008 3:03 pm**

I am new to this forum.
where can i find this indicator?

Posted: **Sat Oct 18, 2008 3:05 pm**

Ooopss! Now i see it!!

Posted: **Wed Feb 16, 2011 5:14 am**

Thank for sharing "Nicholishen"

Posted: **Mon Aug 01, 2011 9:35 pm**

Anybody care to share the best way to use this indi?

Kreslik.com - traders community since 2006

FPI + Fibonacci = Triangular FM Pivots

FPI + Fibonacci = Triangular FM Pivots

Where can i find this indicator?