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BeST Classic Pivot Points

BeST_ Classic Pivot Points is an MT4 Indicator that is based on the widely known and definitely classic Pivot Point of a market prices activity.
A pivot point is calculated as an average of significant prices (high,low,close) from the performance of a market in the prior trading period. If the market in the following period trades above the pivot point it is usually evaluated as a bullish sentiment, whereas trading below the pivot point is seen as bearish.

A pivot point and the associated support and resistance levels are often turning points for the direction of price movement in a market.

In an up-trending market, the pivot point and the resistance levels may represent a ceiling level in price above which the uptrend is no longer sustainable and a reversal may occur.In a declining market, a pivot point and the support levels may represent a low price level of stability or a resistance to further decline ( Wikipedia).


The calculation for a PP and its associated S & R levels is shown below:
  • Pivot point (PP) = (High + Low + Close)/3
  • First resistance (R1) = (2 x PP) – Low
  • First support (S1) = (2 x PP) – High
  • Second resistance (R2) = PP + (High – Low)
  • Second support (S2) = PP – (High – Low)
  • Third resistance (R3) = High + 2(PP – Low)
  • Third support (S3) = Low – 2(High – PP)

Trading with pivot points is the ultimate support and resistance strategy.It takes away the subjectivity involved with manually plotting S and R levels.


Input Parameters


Basic Settings
  • Select Current Day's Rectangle Color – for selecting the color of the Rectangle that includes all the bars of the current day
  • Select Current Day's Vertical Line Color - for selecting the color of the Vertical Line that specifies the starting moment of the current day
  • Show Sunday Trading Hours – true if on our Chart there are trading bars on some hour of Sunday and false otherwise
  • Sunday Trading Start Time – for making input the exact time that trading starts on 

Pivots Settings

For selecting the color, style and size of drawn lines and text.

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Identifizieren Sie Bereiche und die nächsten wahrscheinlichen Bewegungen   |  Erhalten Sie früheste Signale und die Stärke von Trends   |  Klare Ausstiegssignale vor Umkehrung   |  Erkennen Sie die Fibo-Levels, die der Kurs testen wird Indikator, der nicht zurückverfolgt, nicht verzögert - ideal für den manuellen und automatisierten Trading - geeignet für alle Vermögenswerte und Zeiteinheiten Zeitlich begrenztes Angebot   >> 50% OFF Nach dem Kauf,   bitte kontaktieren Sie mich auf diesem Kanal  
Currency Strength Wizard ist ein sehr leistungsstarker Indikator, der Ihnen eine Komplettlösung für erfolgreichen Handel bietet. Der Indikator berechnet die Stärke dieses oder jenes Forex-Paares anhand der Daten aller Währungen in mehreren Zeitrahmen. Diese Daten werden in Form von benutzerfreundlichen Währungsindizes und Währungsstärkelinien dargestellt, anhand derer Sie die Stärke dieser oder jener Währung erkennen können. Sie müssen lediglich den Indikator an das Diagramm anhängen, mit dem Si
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Mohamed Hassan
5 (15)
This indicator is unstoppable when combined with our other indicator called Katana. After purchase, send us a message and you could get Katana for FREE as a BONUS After purchase, send us a private message for your instructions.  MT5 version: click here There are limited copies available at $55. Next price is $105. Don't miss this great deal!  The Trend Forecasting indicator is a very unique & easy tool that is able to make prediction about future price movement based on the signal
DERZEIT 31% RABATT! Die beste Lösung für jeden Newbie oder Expert Trader! Dieser Indikator ist ein einzigartiges, qualitativ hochwertiges und erschwingliches Handelsinstrument, da wir eine Reihe von proprietären Funktionen und eine geheime Formel eingebaut haben. Mit nur EINEM Chart liefert er Alerts für alle 28 Währungspaare. Stellen Sie sich vor, wie sich Ihr Handel verbessern wird, weil Sie in der Lage sind, den genauen Auslösepunkt eines neuen Trends oder einer Scalping-Gelegenheit zu e
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4.6 (35)
Erhalten Sie Ihr tägliches Marktupdate mit Details und Screenshots über unser Morning Briefing hier auf mql5 und auf Telegram ! FX Volume ist der ERSTE und EINZIGE Volumenindikator, der einen ECHTEN Einblick in die Marktstimmung aus Sicht eines Brokers bietet. Es bietet fantastische Einblicke in die Positionierung von institutionellen Marktteilnehmern, wie z.B. Brokern, auf dem Forex-Markt, viel schneller als COT-Berichte. Diese Informationen direkt auf Ihrem Chart zu sehen, ist der wahre Game
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Guner Koca
4.67 (9)
up-down indicator is no repaint and works all pairs and lower than weekly time frames charts. it is suitable also 1 m charts for all pairs. and hold long way to signal. dont gives too many signals. when red histogram cross trigger line that is up signal.and price probably will down when blue histogram cross trigger line that is down signal.and price probably will go up. when the signals not seen press + button on terminal . too see weekly chart because of low data on chart ,it needs to lower p
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4.68 (59)
Dieser Indikator erkennt harmonische Muster, die manuell oder automatisch auf dem Chart gezeichnet wurden. Sie können das Benutzerhandbuch unter diesem Link einsehen: Fügen Sie Ihre Bewertung hinzu und kontaktieren Sie uns, um es zu erhalten. Es gibt eine kostenlose Version, um dieses Produkt auf MT4 auszuprobieren. Sie können es verwenden, um Gartley- und Nenstar-Muster zu erkennen: https://www.mql5.com/en/market/product/30181 Sie können die vollständige MT4-Version von kaufen: https://www.mql5
TakePropips Donchian Trend Pro
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TakePropips Donchian Trend Pro   (MT4) ist ein leistungsstarkes und effektives Tool, das mithilfe des Donchian-Kanals automatisch die Richtung des Trends erkennt und Ihnen Handelssignale für den Ein- und Ausstieg liefert! Dieser Multifunktionsindikator umfasst einen Trendscanner, Handelssignale, ein statistisches Panel, einen Screener, Handelssitzungen und ein Dashboard für den Verlauf von Warnungen. Es wurde entwickelt, um Ihnen Handelssignale zu liefern und Ihnen Stunden beim Analysieren der C
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merky16
179
merky16 2022.11.10 22:19 
 

Hola, muy buen producto para mi, me gusta que este el precio en cada linea, lo estoy usando a diario con buenos resultados. Muchas gracias por su labor.

Eleni Koulocheri
26598
Antwort vom Entwickler Eleni Koulocheri 2022.11.11 05:24
I am glad that you like this particular product, but especially because it helps you get good results in trading.
Also thank you for your kind words,
Have you always a good and successful trading. BeST Regards Eleni
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