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TIL Pivot Points Indicator

Pivot Point is a technical indicator widely used by traders to predict major price movements by calculating various levels of support and resistance. Investopedia defines the pivot point as follows:

A technical analysis indicator 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 bullish sentiment, while trading below the pivot point indicates bearish sentiment.

A pivot point analysis is often used in conjunction with calculating support and resistance levels, similar to a trend line analysis. In a pivot point analysis, the first support and resistance levels are calculated by using the width of the trading range between the pivot point and either the high or low prices of the previous day. The second support and resistance levels are calculated using the full width between the high and low prices of the previous day.

TIL Pivot Points indicator employs the seven point system:

  • Resistance 3 (R3) – dotted green line
  • Resistance 2 (R2) – dash-dotted green line
  • Resistance 1 (R1) – dashed green line
  • Pivot Point (P) – solid yellow line
  • Support 1 (S1) – dashed red line
  • Support 2 (S2) – dash-dotted red line
  • Support 3 (S3) – dotted red line

TIL Pivot Points indicator also allows you to select the base timeframe from which the pivot points and its levels are calculated. You can do this by changing the HLC (stands for High, Low, and Close) parameter. There are eleven timeframes to choose from:

  • NEXT_TIMEFRAME – this is the default setting. For example, if the current chart is H4, the pivot point is calculated from values on D1. However, if the current chart is MN, the pivot point is calculated from the values on MN as well.
  • CURRENT_TIMEFRAME – the pivot point is calculated from the values on the current timeframe.
  • M1 – the pivot point is calculated from the values on M1.
  • M5 – the pivot point is calculated from the values on M5.
  • M15 – the pivot point is calculated from the values on M15.
  • M30 – the pivot point is calculated from the values on M30.
  • H1 – the pivot point is calculated from the values on H1.
  • H4 – the pivot point is calculated from the values on H4.
  • D1 – the pivot point is calculated from the values on D1.
  • W1 – the pivot point is calculated from the values on W1.
  • MN – the pivot point is calculated from the values on MN.
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Gold ATR MTF   – das ist ein guter technischer Aktienindikator. Der Algorithmus des Indikators ATR (Average True Range) analysiert die Bewegung des Vermögenspreises und spiegelt die Volatilität wider, indem er die entsprechenden Niveaus in bestimmten Prozentsätzen (%) des Eröffnungspreises des angegebenen Zeitrahmens (D1) zeichnet. Indikatoren (rot und/oder blau D1 H4) der Symbolpreisbewegungsrichtung und Pfeilsignale sind zusätzliche und wesentliche Hilfsmittel für komfortables und profitables
Shepherd Harmonic Pattern
Abdullah Alrai
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
This indicator is based on the work of legendary trader William Gann, specifically using mathematical models and data from past days. It calculates potential time for a reversal based on selected parameters for the current day. The time is displayed in the future, at the opening of the day and does not change thereafter. The indicator also includes alerts when potential reversal time approaches. An algorithm for possible price movement is built into the indicator. When the time comes, an alert i
FX Volume
Daniel Stein
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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Version 1.1 2021.11.21
Recompiled for newer MT4 builds