pivots ‣ MetaTrader Trading Robots

AUTO PIVOTS for MT5 – indicator MetaTrader 5

April 28, 2024 by

AUTO PIVOTS for MT5 - indicator for MetaTrader 5

Pivots are well known price action indicator . #property link ” #property version “1.00” #property indicator_plots 0 #property indicator_chart_window #property strict input color WeeklyColors = Yellow; input color MonthlyColors = Orange; input bool Use_Sunday_Data = true; input bool Daily = true; input bool Daily_SR_Levels = true; input bool Weekly = true; input bool Weekly_SR_Levels = false; input bool … Read more

Camarilla Level Pivots – indicator MetaTrader 4

March 2, 2024 by

Camarilla Level Pivots - indicator for MetaTrader 4

Author: Bill Halliday I used to use the Standard Pivot Points calculations for a long time. But I was never satisfied with them because the pivot lines were too far apart to be useful to me. Somehow I found a different set of Calculations for Pivot Points. They are called Camarilla Level Pivot Points. You … Read more

Camarilla Pivots – indicator MetaTrader 4

February 29, 2024 by

Camarilla Pivots - indicator for MetaTrader 4

Author: forex2stay The ideal indicator for those who like to work “by levels”. It clearly shows the reversal level, support/resistance levels for the current day. Camarilla Pivots – indicator MetaTrader 4

Dynamic Pivots – indicator MetaTrader 5

February 26, 2024 by

Dynamic Pivots - indicator for MetaTrader 5

Based on the Austin Passamonte’s idea, this indicator calculates intra-day pivots. This one is a version where default values for pivot levels are at 38,61% of the range, but you can easily change it through parameters to the Fibo levels Passamonte proposes in his TASC article (0.25,0.50 and 0.75) or whatever levels you want. If … Read more

Fibo Pivots – indicator MetaTrader 5

February 26, 2024 by

Fibo Pivots - indicator for MetaTrader 5

Fibonacci Pivot points indicator that can draw any number of levels for any of the known timeframes usable by MetaTrader 5. To insert any level, simply enter the level in the levels parameter separated by “;” in the list of levels. Defaults used are 38.2%, 61.8% and 100%, but you can customize those to any … Read more

SSM RSI pivots – indicator MetaTrader 5

February 23, 2024 by

SSM RSI pivots - indicator for MetaTrader 5

Theory : The original calculation of RSI is (in short) the following : Add the changes up and changes down. From those sums, we can then calculate the RSI (Relative Strength Index). At that particular step Welles Wilder used what sometimes is called Wilders EM for smoother results, And that gives us space to [produce … Read more

Rocket RSI pivots – indicator MetaTrader 5

February 23, 2024 by

Rocket RSI pivots - indicator for MetaTrader 5

Theory : “Rocket RSI” was (along with detailed description) published here : Rocket RSI This version is adding pivot calculation to such RSI. Pivots are calculated from the RSI itself, and you have 4 possible types that can be displayed : display pivot only display pivot and 1st level support and resistance display pivot and … Read more

Trix pivots – indicator MetaTrader 5

February 23, 2024 by

Trix pivots - indicator for MetaTrader 5

Theory : TriX oscillator is a nice trending indicator found as a built in indicator in metatrader. This version is adding pivot calculation to such TRiX. Pivots are calculated from the TRiXitself, and you have 4 possible types that can be displayed : display pivot only display pivot and 1st level support and resistance display … Read more

Pivots MT4 – indicator MetaTrader 4

February 23, 2024 by

This is not my code, but a conversion from an MT5 code here There were requests for this to be converted to MT4. The formulae used are: Resistance 3 = High + 2*(Pivot – Low)Resistance 2 = Pivot + (R1 – S1)Resistance 1 = 2 * Pivot – LowPivot Point = ( High + Close … Read more

Dynamic pivots – any time frame – indicator MetaTrader 5

February 22, 2024 by

Dynamic pivots - any time frame - indicator for MetaTrader 5

Based on the Austin Passamonte’s idea , this indicator calculates pivots for any time frame (provided that the chosen time frame is higher than the chart time frame). Two modes of calculation : original (when it calculates as in the Austin Passamonte’s idea) or alternate mode (when it is more support / resistance inclined) Recommendations: … Read more

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AUTO PIVOTS for MT5 – indicator MetaTrader 5

Camarilla Level Pivots – indicator MetaTrader 4

Camarilla Pivots – indicator MetaTrader 4

Dynamic Pivots – indicator MetaTrader 5

Fibo Pivots – indicator MetaTrader 5

SSM RSI pivots – indicator MetaTrader 5

Rocket RSI pivots – indicator MetaTrader 5

Trix pivots – indicator MetaTrader 5

Pivots MT4 – indicator MetaTrader 4

Dynamic pivots – any time frame – indicator MetaTrader 5