This elegant indicator automatically draws Fibonacci-based Pivot Point levels directly on your chart, providing you with a complete daily trading roadmap at a glance.

How It Works:
The indicator calculates yesterday's trading range (High - Low) and applies Fibonacci ratios to create 7 key levels:

📊 The Math Behind It:
Pivot Point (P) = (High + Low + Close) ÷ 3 (Standard Floor Pivot formula)
Range (R) = High - Low
Resistance Levels: R1 = P + (R × 0.382) | R2 = P + (R × 0.618) | R3 = P + (R × 1.000)
Support Levels: S1 = P - (R × 0.382) | S2 = P - (R × 0.618) | S3 = P - (R × 1.000)
What it draws on your chart:
7 horizontal lines representing S3, S2, S1, Pivot, R1, R2, R3
Each level is fully customizable – choose your own colors, line styles, and widths
Clear text labels for each level (Support 1/2/3, Resistance 1/2/3, Pivot Level)
Displays yesterday's High, Low, and Close in the top-left corner for quick reference

Note: This indicator works on all timeframes below Daily (M1 through H4) and automatically updates at the start of each new trading day.

Key Features
🎨 Fully Customizable – Individual colors, line styles, and widths for EACH of the 7 levels
📊 Intelligent Weekend Handling – Automatically detects Monday's opening and uses Friday's data correctly
📌 Clear Labeling – Each level is clearly labeled with its name and exact price
⚡️ Ultra-Lightweight – No buffers, no lag, no performance drain – just clean lines on your chart
🔄 Auto-Updating – Levels recalculate automatically at the start of each new trading day
📱 Optimized Display – Works perfectly with any broker, any symbol, any timeframe
🔍 Visual Reference – Shows yesterday's High/Low/Close in a convenient on-chart comment
🎯 Fibonacci Ratios – Uses golden ratio (0.382 and 0.618) for more accurate levels than standard pivots