FiboPiv V2 Indicator
Fibonacci + pivot-point combined levels · 3 R/S levels · Free · MT4
About FiboPiv V2 Indicator
The FiboPiv V2 indicator, documented at mt4collection.com and best-metatrader-indicators.com, is a free MetaTrader 4 tool that merges classic pivot-point levels with Fibonacci expansion channels, giving traders clear breakout and target zones in a single view.
It plots the standard pivot point along with three resistance and three support levels, combining Fibonacci-derived support/resistance with pivot-based entry/exit signals. It's suited to day traders, swing traders, and breakout traders alike, distributed as a compressed archive containing both the compiled (.ex4) and source (.mq4) files.
- Platform: MetaTrader 4
- Type: Fibonacci + pivot-point combined level indicator
- Levels plotted: Pivot point + 3 resistance + 3 support levels
- Distribution: .ex4 + .mq4 included
- Price: Free
- Source: mt4collection.com · FiboPiv V2 MT4 Indicator
Key Features
✓ Free with both compiled and source files — auditable and customisable
✓ Combines two well-understood level types (Fibonacci + pivots) rather than relying on one alone
⚠ A level/zone indicator, not a full trading system — pair with your own entry/confirmation rules