Setting Up Pivots

jborup 2006.01.30 22:17

I'm new to the MT4 and recently downloaded the automatic pivots onto my chart, pretty much every one I could find. I'm not exactly sure what formula I have to enter or setting I have to change to get them to calculate correctly from Midnight to Midnight each day. I understand that each period is representative of minutes per candle but it seems my pivots are not calculating correctly, or is it simply because it is Monday? If there is someone who uses these on a daily basis and knows how to adjust them please let me know.

Thanks

Thruline 2006.01.30 22:27 #1

A thread that talks about pivots, how to use the various pivot indicators out there, advantages and disadvantages of each, how to adjust them (eg. setting start and stop times), and, yes, even how to apply them in trading (this is actually easier for me conceptually than getting the bloody indicators setup properly!) could be very helpful to many traders. If we already have such a thread here, link me! Otherwise, this could be it.

Thru

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schwager 2006.01.31 08:18 #2

Pivot

I hope it help!

http://www.babypips.com/forex-school/forex-pivot-points.html

Greeting

jborup 2006.02.01 21:22 #3

Thanks for the link, That helps a ton!

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