Monthly and Yearly only What is a Pivot Point? A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On the subsequent day, trading above the pivot point is...
What is a Pivot Point? A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On the subsequent day, trading above the pivot point is thought to indicate ongoing...
Sick of flipping through Pivot Point settings to change the time frame? Or to hide certain ones because it screws up the auto-zoom? Or are you just wishing there was something out there that was simple and effective? Well - me too, that's why I made this automatic Pivot Points detector. Right now it only goes to S3/R3 (will expand in the future), but I made this...
Pivot reversal strategy almost always works pretty good for crypto. Here is setup with 4 left, 4 right bars for pivot points for XBTUSD 1h chart. It shows a pretty nice performance of 350% with only 10% dd, Sharpe is 1.16. If you're interested in using this strategy in my scripts you can find alerts for it and a version with added backtesting range. And...
An utility tool that plots a dynamic level using the opening price of each year on the chart. Allows to highlight the change in the price relative to this level.
🔰 Pivot Points Standard Traditional Pivot Levels 📌Shows the same pivot levels from the Pivot Points Standard (Pivots) indicator on the Traditional settings. But with 3 indicators in one, can show the daily, weekly, and monthly levels all in one indicator. This indicator only shows the current pivot level and not the previous ones and will auto adjust update to...
This indicator plot several indicators togheter including WMA30, Supertrend ATR, pivots points and the QS Jamaica Bars
# Advantages over TV's indicator "Pivot Points Standard" 1. Show pivot lines for all history, which lets you gauge trading strategies throughout time 2. More sensible Default/Auto time frame; e.g. on intradays only and always the market values of yesterday's Day are used 3. The halves between the key levels are also shown, which it's useful for some...
Price action is easy to visualize. It is very easy to read price action if you have a reference point. These support/resistance lines are there to help you read where the buyers and sellers are likely to make a stand. You can also think of these indicators as moving pivot points. MasterChartsTrading Price Action Indicators show good price levels to enter or...
Hey everyone this is an exciting new script I have prepared for you. I was reading an old forex bulletin article some time ago when I came across this: solar.murty.net (or you can download the full bulletin with lots of other good articles here: www.forexfactory.com). You can already buy this for metatrader (www.mql5.com) so I figured to make it for free for...