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📏 Daily Pivots

Master market movements with precision Fibonacci pivot levels based on daily ranges

📊
Market Type
Ranging
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Best Timeframes
All TFs
đŸ”Ĩ
Difficulty
đŸ”Ĩ Advanced

📋 Overview

Daily Pivots are sophisticated Fibonacci-based levels calculated from the previous day’s high, low, and close. RelicusRoad Pro’s implementation provides a complete 13-level Fibonacci retracement and extension system that helps traders identify key support, resistance, and target levels with mathematical precision.

Unlike traditional pivot points that use simple arithmetic, our Fibonacci pivot system harnesses the natural mathematical ratios found throughout markets. The system automatically calculates and updates daily, providing both retracement levels for pullbacks and extension levels for breakouts, creating a comprehensive trading framework for intraday precision and multi-session planning.

✨ Key Features

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13-Level Fibonacci Grid

Complete system with retracement levels (23.6%-100%) and extension targets (123.6%-200%)

⚡
Automatic Daily Calculation

Updates at day change using previous day's high, low, and range for consistent reference

🔧
Golden Ratio Focus

Emphasizes 38.2% and 61.8% levels - the most respected Fibonacci ratios in trading

📊
Extension Target System

Provides breakout targets at 123.6%, 161.8%, and 200% for momentum continuation

âš™ī¸ How It Works

đŸ”Ŧ The Technology Behind Road Levels

📊
Fibonacci Mathematics

Mathematical level calculation

  • └ Base Level (0%): Previous day's low as foundation point
  • └ Retracement Levels: 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%
  • └ Extension Levels: 123.6%, 138.2%, 150%, 161.8%, 178.6%, 200%
🔄
Daily Reset System

Automatic level updates

  • └ Calculates at day change (midnight broker time)
  • └ Uses previous day's actual high and low prices
  • └ Maintains level validity throughout trading session
⭐
Level Priority System

Importance hierarchy

  • └ Golden Ratio (61.8%): Strongest reaction probability
  • └ Complementary Golden (38.2%): High probability reactions
  • └ Psychological (50%): Trader psychology and sentiment

📊 Visual Representation

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Retracement Levels (R1-R6)

Levels above previous day's low: 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%

    🔴
    Extension Levels (S1-S6)

    Levels below previous day's low: -23.6%, -38.2%, -50%, -61.8%, -78.6%, -100%

      ⭐
      Golden Ratio (61.8%)

      The strongest Fibonacci level with highest reaction probability

        đŸ”ĩ
        Breakout Extensions (E1-E6)

        Extension targets above previous high: 123.6%, 138.2%, 150%, 161.8%, 178.6%, 200%

          đŸŽ¯ Trading Modes Explained

          Golden Ratio Trading
          High Probability Best for: Traders seeking reliable reaction levels with strong mathematical foundation
          • ✓ Focus on 38.2% and 61.8% levels for entry
          • ✓ Highest reaction probability levels
          • ✓ Suitable for all timeframes and sessions
          • ✓ Clear stop and target placement
          Extension Breakout Trading
          Momentum Best for: Breakout traders seeking continuation targets beyond daily range
          • ✓ Trade breakouts beyond 100% level
          • ✓ Target 161.8% (Golden ratio extension)
          • ✓ Volume confirmation required
          • ✓ Trail stops at extension levels
          Fibonacci Range Trading
          Range Bound Best for: Scalpers and range traders in consolidating markets
          • ✓ Trade between multiple Fibonacci levels
          • ✓ Use 50% level for bias determination
          • ✓ Multiple profit opportunities per session
          • ✓ Conservative risk management
          Multi-Timeframe Confluence
          Precision Best for: Professional traders combining multiple Fibonacci timeframes
          • ✓ Daily + 4H + 1H Fibonacci alignment
          • ✓ Highest probability setups
          • ✓ Increased position sizing justified
          • ✓ Multiple confirmation layers

          💡 Best Practices

          ✅

          Focus on 38.2% and 61.8% levels - they show the strongest reactions

          ✅

          Wait for price action confirmation at levels before entering trades

          ✅

          Use volume analysis to confirm level strength and potential breakouts

          ✅

          Combine with candlestick patterns for precise entry timing

          ✅

          Place stops 8-15 pips beyond levels depending on timeframe and volatility

          ✅

          Target next Fibonacci level minimum for systematic profit taking

          ✅

          Monitor session timing - London offers most volatility and level tests

          ✅

          Look for confluence with round numbers and previous support/resistance

          ✅

          Use smaller position sizes for minor levels (23.6%) vs major levels (61.8%)

          ✅

          Trail stops at extension levels when trading breakouts beyond 100%

          đŸŽ›ī¸ Settings & Configuration

          Scalping (M5-M15)
          Mode: Quick Reactions
          Sensitivity: High Frequency
          ✓ Focus on 38.2%, 50%, and 61.8% levels
          ✓ 8-12 pip stops beyond levels
          ✓ Target next level for 1:1.5 to 1:2 R:R
          ✓ London and NY session optimization
          Day Trading (M15-H1)
          Mode: Balanced Approach
          Sensitivity: Standard
          ✓ All retracement levels displayed
          ✓ 15-20 pip stops for false break protection
          ✓ Multi-level target system
          ✓ Extension trading when breakouts occur
          Swing Trading (H4-D1)
          Mode: Major Levels
          Sensitivity: Low Noise
          ✓ Focus on 38.2%, 61.8%, and 100% levels
          ✓ Wide stops (25-40 pips) for higher timeframe
          ✓ Extension targets for trend continuation
          ✓ Multi-session level validity

          ⚡ Quick Setup Guide

          1. Add Daily Pivots indicator to your preferred intraday timeframe
          2. Note the 13 Fibonacci levels: 6 retracements, 6 extensions, 1 base level
          3. Focus primarily on 38.2% and 61.8% levels for highest reaction probability
          4. Use previous day's high (100%) and low (0%) as major support/resistance
          5. Set alerts for price approaches to key levels for timing entries

          📚 Complete Guide

          đŸŽ¯ Trading Strategies

          Golden Ratio Trading
          Easy

          Focus on 38.2% and 61.8% levels for highest probability reactions

          Setup:
          1. Wait for price approach to 38.2% or 61.8% Fibonacci level
          2. Look for reversal signals: rejection candles, divergence, volume
          3. Enter on confirmation candle close
          4. Place stop 10-15 pips beyond Fibonacci level
          5. Target next Fibonacci level for systematic profit taking
          Risk:Reward 1:2.2
          Extension Breakout Trading
          Medium

          Trade breakouts beyond 100% level targeting Fibonacci extensions

          Setup:
          1. Wait for clean break above previous day's high (100% level)
          2. Confirm breakout with increased volume and momentum
          3. Enter on successful retest of broken 100% level
          4. Target 161.8% extension as primary objective
          5. Trail stops at each extension level reached
          Risk:Reward 1:3.2
          Fibonacci Range Trading
          Easy

          Trade between multiple levels in ranging market conditions

          Setup:
          1. Identify range-bound market between key Fibonacci levels
          2. Use 50% level to determine bias direction
          3. Buy at lower levels (23.6%, 38.2%), sell at upper levels (61.8%, 78.6%)
          4. Take partial profits at 50% midpoint level
          5. Reverse positions at opposite range extremes
          Risk:Reward 1:1.8
          Multi-Timeframe Confluence
          Advanced

          Combine multiple timeframe Fibonacci levels for maximum probability

          Setup:
          1. Identify where Daily, 4H, and 1H Fibonacci levels align
          2. Mark confluence zones within 10-15 pip clusters
          3. Use larger position size (1.5x normal) for high-probability setups
          4. Apply tighter stops due to strong confluence support
          5. Target next major confluence zone or extension levels
          Risk:Reward 1:2.8

          🚀 Ready to Master Daily Pivots?

          Join thousands of traders using RelicusRoad Pro to improve their trading results.