Bijnor Pivot Extended

Overview: The Bijnor Pivot Extended (BP+) indicator is a powerful visual tool designed to help traders identify key price levels using Fibonacci-based pivots. It dynamically plots Support and Resistance levels based on your chosen timeframe (Daily, Weekly, or Monthly) and displays them only for the current session, reducing chart clutter and improving focus.

🔧 Features:
📆 Pivot Timeframe Selection: Choose between Daily, Weekly, or Monthly pivots.

🎯 Fibonacci Pivot Levels:

Central Pivot (P)

Resistance: R1, R2, R3, R4 (Extended)

Support: S1, S2, S3, S4 (Extended)

🎨 Full Customization:

Toggle labels and prices on/off

Position labels to the left or right

Change line width and individual colors for pivot, support, and resistance lines

🧠 Smart Line Plotting:

Lines are drawn only during the selected session, keeping your chart clean

🕹️ Max Performance: Optimized to stay lightweight with max_lines_count and max_labels_count set to 500

🧭 How to Use It:
Use this indicator to:

Plan entries and exits around key Fibonacci pivot zones

Identify overbought/oversold zones at R3/R4 and S3/S4

Enhance your intraday, swing, or positional trading setups

Combine with price action, candlestick patterns, or volume for maximum edge.

✅ Bonus:
This script is ideal for traders looking for a minimalist yet powerful pivot framework, with extended levels for breakout or reversal scenarios.