This update to an old SnR PIN first shared on ForexFactory allows the Pivot to be set on any timeframe (e.g. M15).
This simple PIN allows you to set a time-frame and a Fibonacci level. The maximum and minimum prices are calculated from the time-frame (e.g. Weekly = previous week’s typical price and range) and the Fibonacci level. Once the price moves above the maximum, or below the minimum, a signal is generated. You can choose this (more…)