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Indicators

Dynamic pivots - any time frame - indicator for MetaTrader 4

Mladen Rakic
Views:
8755
Rating:
(28)
Published:
2021.11.29 18:32
Updated:
2021.12.04 23:53
Download as ZIP, How to download code from MetaEditor
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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:
  • You can use it as any pivots indicator


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