Logo "Fibonacci Pitchfan"
Fibonacci Pitchfan
0.0
06/08/2025
22
Desktop

🚀 10,000+ traders already use our TOP indicators🏆

Discover why professionals choose us – the most powerful tools on cTrader (indicators, algorithms, and cBots) are waiting for you.

👉 Get all our TOP systems here:

_______________________________________________

📌 Market Structure Indicators

·     ✅ AdvancedMarket Structure: Bos, Choch, SwinLevels, Order Blocks,  Market Structure& Liquidity Finder

·     🔄 Dynamic Market StructureAnalysis of Turning Points

·     🧱 Order Block

·     ⚖️ Market Imbalance

·     ⛓️ BOS & CHOCH

·     🧠 ICT Power of 3

·     🌀 Market Polarity Zones

_______________________________________________

🔚 Smart Exit Systems

·     📍 Trailing Smart Algorithm

_______________________________________________

📐 ZigZag Indicators

·     🔍 ZigZag Price LiquidityProjection

·     🧭 S&R Structural ZigZag

·     ➖ ZigZag

·     🎯 Zig-Zag Extremity Tracker

_______________________________________________

🧱 Support & Resistance Indicators

·     🟩 SmartTrend Support &Resistance Lines

·     🧱 All Support and ResistanceLevels

_______________________________________________

📊 Trend & Channel Indicators

·     🔄 Auto-Trend Channel

·     📊 Supertrend

·     ⚡Momentum Trend Analyzer

·     🧠 Adaptive Trend Channel

·     💥 Channel Breakout System

·     🌈 Dynamic Trend Gradient

·     ⭐ PREMIUM SSL CHANNEL

·     🔁 Reactive Moving Average

_______________________________________________

💧 Volume & Liquidity Tools

·     🔥 Volume POC Heatmap

·     📉 Leverage Liquidation Map

·     🔍 Momentum Fair Value Gap

·     🕒 Fair Value Gap Sessions

_______________________________________________

Momentum & RSI Indicators

·     📈 RSI Trend Trigger

·     🚀 Dynamic Range Momentum

·     🔎 Multi-Level Candle Bias
Tracker

_______________________________________________

🔮 Prediction & Projection Tools

·     📐 Prediction Based on Linreg& ATR

·     📏 Fibonacci Linear RegressionMulti-timeframe

·     📈 Volume-Powered Market Flow Projector

______________________________________________________________________________________________

Fibonacci Pitchfan 📊✨

An advanced technical indicator that combines pivot detectiondynamic trendlines, and Fibonacci levels to create a visual tool helping traders identify trends, support/resistance zones, and potential reversal points. 🎯 Highly customizable, it adapts to different trading styles via configurable parameters. Below is a breakdown of its logic and calculations.

Core Components 🔧

The indicator relies on three key elements working together:

1. Pivot Detection 🔄

  • Identifies key price reversal points (high/low pivots).
  • Uses a user-defined bar range (pivot depth) to determine if a bar is a significant high/low vs. surrounding bars.
  • Filters noise by requiring pivots to exceed an ATR-based deviation threshold, ensuring only relevant price swings are considered.

2. TrendFan & Fibonacci Levels 📐

  • Projects a fan of dynamic trendlines from a historical pivot into the future, using predefined levels (e.g., 0.25, 0.5, 1.0) to mark potential support/resistance.
  • Optional Fibonacci levels (horizontal lines) highlight retracement/extensions between key pivots.

Calculation Logic 🧮

1. Pivot Identification

  • For each bar, the algorithm scans a symmetrical range of prior/following bars (based on pivot depth).
  • high pivot is confirmed if the bar’s high is the highest in the range; a low pivot if its low is the lowest.
  • The deviation threshold (a % of ATR relative to price) filters out minor fluctuations, focusing on meaningful market moves.

2. TrendFan Generation 🌪️

  • reference historical pivot (configurable) is paired with the latest pivot to form a baseline.
  • median line is drawn between them, and projected trendlines (at predefined levels) extend into the future, creating a "fan" of key price zones.

3. Fibonacci Projections 🔢

  • Retracement levels (e.g., 0.236, 0.5, 0.618) mark potential pullback areas within the prior price move.
  • Extension levels project price targets beyond the initial range, adjusted for trend direction.
  • Levels can be inverted or extended based on user settings.

Customizable Settings ⚙️

  • Deviation Threshold: Adjusts sensitivity to price moves (ATR-based).
  • Pivot Depth: Defines the bar range for pivot detection (affects signal frequency).
  • Historical Reference: Sets how far back the initial pivot is selected for the TrendFan.
  • Visibility: Toggles TrendFan/Fibonacci display and selects specific levels to show.

Conclusion 🏆

The Fibonacci Pitchfan is a powerful all-in-one tool for traders seeking a clear, dynamic view of market structure. By merging pivots, trendlines, and Fibonacci levels, it provides actionable insights to anticipate price movements and make informed decisions. 🚀


More from this author
Indikator
breakout
btcusd
supertrend
+6
ZigZag
ZigZag filters noise, spots trends, patterns, pivots, aiding analysis, trade management, and confirmations. 📉📈
Indikator
breakout
btcusd
supertrend
+6
Order Block
Identify bullish and bearish Order Blocks to spot key support/resistance levels and potential trend reversals! 📈🔄
Indikator
breakout
btcusd
supertrend
+5
Auto-Trend Channel
Adaptive trend channel using linear regression and Pearson correlation for dynamic support, resistance, and trends.
Indikator
breakout
btcusd
supertrend
+5
BOS & CHOCH
Market structural patterns , specifically the concepts of Change of Character (ChoCH) 🔄 and Break of Structure (BoS) 💥
Indikator
breakout
btcusd
supertrend
+5
Zones Supply Demand
📊Zones Supply & Demand: Identifies key price levels with high volume concentration, marking Supply/Demand Zones & Marke
Indikator
breakout
btcusd
supertrend
+5
Supertrend
💹 Define a price channel 📈 and determine trend direction (bullish 🟢 or bearish 🔴).
Indikator
breakout
btcusd
supertrend
+6
Volume POC Heatmap
📊 Shows volume by price levels, highlights POC, and key zones. Identifies dynamic support/resistance and imbalances.
Indikator
breakout
supertrend
rsi
All Support and Resistance Levels
"Identify key market zones and visualize support/resistance from multiple timeframes on a single chart.
Indikator
breakout
btcusd
supertrend
+6
Fair Value Gap Sessions
identify and highlight temporary market inefficiencies known as "fair value gaps" 🚨 within specific trading Sessions.
Indikator
breakout
btcusd
supertrend
+4
Dynamic Market Structure Analysis of Turning Points
Identify market structure effortlessly with swing highs, lows, CHoCH, and BOS levels for smart trading decisions! 📊🔍"
Indikator
breakout
indices
btcusd
+7
RSI Divergence
Detects bullish and bearish divergences
Indikator
breakout
supertrend
rsi
Trend Heikin Multi MA
🚀 TrendHeikinMultiMA: Advanced trend detection using Heikin-Ashi smoothing & MAs! Eliminates noise, confirms real trend
Indikator
breakout
btcusd
supertrend
+4
Multi-Level Candle Bias Tracker
Price direction by calculating the probability of reaching new highs/lows. Shows levels & stats📈
Indikator
breakout
supertrend
rsi
Leverage Liquidation Map
📊 Liquidation Map: Potential areas where highly leveraged investors might face liquidations.
Indikator
breakout
supertrend
rsi
Market Trend OB
Price action to detect when the market changes trend (MSB) and defines, order blocks , ZigZag etc.📊
Indikator
breakout
supertrend
rsi
Zig-Zag Extremity Tracker
Dynamically adjusts regression channels based on ZigZag extremes, resetting when price breaks bands to track real trends
Indikator
breakout
bollinger
supertrend
+3
Fibonacci Linear Regression Multi-timeframe
Combining Fibonacci levels and regression to analyze multidimensional market trends across multiple timeframes¡
Indikator
breakout
supertrend
rsi
+1
Dynamic Trend Gradient
Identifies trends with moving averages & volatility. Base levels = bullish 🐂 or bearish 🐻 signals. Reversals detected!
Anda mungkin juga suka
Breakout Mode Patterns
Brooks price action breakout mode patterns
Time zone pro
FREE Global Trading Sessions Indicator
Ctrader Liniar Chart
Simple and efficient Indicator Designed to be profitable .With alarms for trend changes and support - resistance
Indikator
supertrend
atr
PMAX
It's a combination of two trailing stop loss and the other one is well-known ATR-based SuperTrend.
Indikator
breakout
rsi
macd
ZigZagColor
The ZigZag indicator is a technical analysis tool primarily used to identify key price reversal points.
Indikator
breakout
ai
signal
Verve Ai Range Scalper
ICT Channel – Precision buy/sell signals , customizable settings , User-Friendly Interface
Indikator
breakout
btcusd
supertrend
+6
Fair Value Gap Sessions
identify and highlight temporary market inefficiencies known as "fair value gaps" 🚨 within specific trading Sessions.
Supertrend Indicator v1.1
SUPERTREND INDICATOR v1.1
Indikator
indices
atr
rsi
AlgoCorner Crosshair Edge
Pinpoint, highlight and lock market data easily
CandleColourFlow_MultiFx
CandleColourFlow MultiFx - optimized to work on Fx Majors, Fx MInors, Fx Crosses
Indikator
breakout
supertrend
rsi
TrendMaster Pro MultiMA
Connects each moving average value from candle to candle, forming a fan-like structure of trendlines.
Chart Overview
ChartOverview – The Comprehensive Market Snapshot
market session
Market session indicator (Asia, Frankfurt, New York, London)
Candles_Painter
Overlay HTF context on any chart: color bars by HTF and draw filled HTF bodies with optional High/Low lines.
Indikator
breakout
btcusd
supertrend
+5
Auto-Trend Channel
Adaptive trend channel using linear regression and Pearson correlation for dynamic support, resistance, and trends.
Vwap Manav Indi Button
Automated VWAP bot executes trades at key volume-weighted average price zones with adaptive risk management
Bars color 1
This is the first version I offer you for free.
NNFX TP AND SL V1.1
A lightweight cTrader indicator that overlays ATR-based SL and TP levels in pips directly on your chart