Pivot Point MT5 Indicator by PipTick
- Michal Jurnik
- Version: 1.1
- Aktualisiert: 1 Dezember 2021
The Pivot Point indicator automatically calculates and displays the pivot point line and support and resistance levels. Pivot can be calculated according to the Classic, Floor, Fibonacci, Woodie, Camarilla or DeMark formula. It is also possible to select the period for calculating the indicator. A trader can choose from daily, weekly, monthly, or user-defined periods.
Types of pivots
- The indicator shows the current and historical pivot point level
- Pivot support and resistance levels
- Alert notifications for indicator lines
- Custom session time
- Works on every timeframe (M1, M5, M15, M30, H1, H4, D1, W1, MN)
- The indicator is non-repainting
- Ready for backtesting
- Customizable parameters (Colors, Line thickness, Visibility...)
- High-speed calculation
- Available for MT4 and MT5
Please visit the Pivot Point indicator product page for the input and output parameters settings.
Very useful indicator.