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PZ Pivot Points

This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • It plots historical levels for backtesting purposes
  • It allows you to select the reference timeframe
  • It implements different Pivot Point calculation modes
  • It implements different SR calculation modes
  • It implements customizable colors and sizes

Calculation Modes

The indicator implements different calculation modes for the pivot point.
  • (H+L+C)/3
  • (H+L+O)/3
  • (H+L+C+O)/4
  • (H+L+C+C)/4
  • (H+L+O+O)/4
  • (H+L)/2
  • (H+C)/2
  • (L+C)/2

It also implements many different calculation modes for SR Levels:

  1. Classic Formula
    • R4 = R3 + (High – Low)
    • R3 = R2 + (High – Low)
    • R2 = PP + (High – Low)
    • R1 = (2 * PP) – Low
    • S1 = (2 * PP) – High
    • S2 = PP – (High – Low)
    • S3 = S2 – (High – Low)
    • S4 = S3 – (High – Low)

  2. Woodie Pivot Points
    • R4 = R3 + (High – Low)
    • R3 = High + 2 * (PP – Low)
    • R2 = PP + (High – Low)
    • R1 = (2 * PP) – Low
    • S1 = (2 * PP) – HIGH
    • S2 = PP – (High – Low)
    • S3 = Low – 2 * (High – PP)
    • S4 = S3 – (High – Low)

  3. Camarilla Pivot Points
    • R4 = PP + (High – Low) * 1.1/2
    • R3 = PP + (High – Low) * 1.1/4
    • R2 = PP + (High – Low) * 1.1/6
    • R1 = PP + (High – Low) * 1.1/12
    • S1 = PP – (High – Low) * 1.1/12
    • S2 = PP – (High – Low) * 1.1/6
    • S3 = PP – (High – Low) * 1.1/4
    • S4 = PP – (High – Low) * 1.1/2

Input Parameters

  • PP Calculation Mode: Select the Pivot Points calculation mode desired
  • S/R Calculation Mode: Select the SR calculation mode desired
  • Timeframe: Choose the timeframe to calculate pivot points from
  • Mid Points: Display or hide mid points between SR levels
  • Display Labels: Display or hide name and price labels
  • Color of S levels: Color of support levels
  • Color of R levels: Color of resistance levels
  • Color of P level: Color of pivot point levels
  • Font size: Font size for name and price labels

Support

I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.

Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

Reviews 12
kuriimoh
14
kuriimoh 2021.08.21 17:51 
 

It's free but very useful for day trade.

Gavriil Mikhailov
47
Gavriil Mikhailov 2021.08.20 08:18 
 

Отличный индикатор

ayzwan2011
14
ayzwan2011 2021.07.10 05:03 
 

very nice.. really like it... it's part of my setup now...

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Daniel Stein
You want to become a constantly profitable 5-star forex trader?  1.  Read the basic description of our simple trading  system  &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat FX Trend   displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long they last and how powe
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RangeBorder Buy Sell Non Repaint
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Wartono
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Opengates Success International
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Robert Gerald Wood
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TRend Ride
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Nesimeye Oswald
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Pivots Dashboard
Nesimeye Oswald
Pivots Dashboard is the single most complete instruments set for Pivot Points trading currently available in the market. We have done a comprehensive research prior to the product design to make sure that this product meets every need of Pivot Point trading. Pivots Points are significant levels technical analysts can use to determine directional movement and potential support/resistance levels. Pivot Points are thus predictive or leading indicators. While the points were originally used by floor
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Vladimir Tkach
The cross-correlation indicator calculates the relationship between the specified pairs for the previous period. Automatically selects the instruments with the highest and the lowest correlation, and then simulates trading on the selected pairs on the same test period. Then indicator displays the pairs that have shown the best trading results. Visualizes the PAC (Pairs Arbitrage Correlation) criterion for the pairs selected by the trader. The signal to open trades is set by the PAC levels. When
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MaxiFinishTrend 2
MaxiFinishTrend 2
Stsiapan Kreidzich
(Today price/2).   All signals. Smart trading system.  Popular indicators give two signals - BUY and SELL, and you have to choose and put Take Profit. Usually it works quickly and the trend goes in your favor, but the indicator is “silent” until the trend change. You miss most of the profit. The first idea of MaxiFinish : give a third signal - GET PROFIT (CLOSE) when the trend line changes the slope or the M15 and M30 stochastics have reached an extremum and the profit began to decline. If, o
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Williams Dashboard
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Advanced Currency IMPULSE with ALERT
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Filter:
kuriimoh
14
kuriimoh 2021.08.21 17:51 
 

It's free but very useful for day trade.

Gavriil Mikhailov
47
Gavriil Mikhailov 2021.08.20 08:18 
 

Отличный индикатор

ayzwan2011
14
ayzwan2011 2021.07.10 05:03 
 

very nice.. really like it... it's part of my setup now...

Houmam Al-Ghraoui
18
Houmam Al-Ghraoui 2021.04.23 22:58 
 

it's very good and helpful but the extended (continuous) solid lines are very disturbing on the chart especially when using higher frames. the higher you go, the more disturbing the lines become! i used to use market info and sessions application which used to come with thin, dotted and short lines. if you can adjust the appearance of the lines to be similar to that, it would be really perfect. thanks anyways.

PZ TRADING SLU
980248
Reply from developer Arturo Lopez Perez 2021.05.18 23:38
You can adjust the lines in inputs, buffers tab. Please check. Then save a template.
adnanadnan
838
adnanadnan 2021.04.10 14:12 
 

deleted

richard1979
65
richard1979 2021.03.25 03:37 
 

Very helpful to understand point for support and resistance.

Lưu Danh
23
Lưu Danh 2021.02.03 10:01 
 

it's good, but it would be better if they make it more simple for the chart

Jesus Torres Parraga
956
Jesus Torres Parraga 2021.01.23 16:33 
 

That's the best support and resistance tool on the market!

sheltongw
115
sheltongw 2020.11.11 00:25 
 

Very helpful, I use it to trade candlestick pin bars and hammers off of pivot points for profit.

Valentin Butorin
3961
Valentin Butorin 2020.10.03 13:05 
 

Спасибо за индикатор

Csaba Jónás
78
Csaba Jónás 2020.09.25 09:24 
 

Me gusta mucho, el mercado muchas veces se respeta.

Corneliu Raileanu
177
Corneliu Raileanu 2020.01.11 13:29 
 

Amazing! That's the best support and resistance tool on the market! You can select between classic, camarilla, and woodie, and also change colors, style and text font. A huge thank you to Arturo Lopez Perez for developing this indicator and giving it out for free.

Reply to review
Version 4.0 2019.08.10
- Added mid points
- Added price labels
- Added different calculation modes for Pivot Points
(H+L+C)/3
(H+L+O)/3
(H+L+C+O)/4
(H+L+C+C)/4
(H+L+O+O)/4
(H+L)/2
(H+C)/2
(L+C)/2

- Added different calculation modes for SR
> Classic Formula
R4 = R3 + (High – Low)
R3 = R2 + (High – Low)
R2 = PP + (High – Low)
R1 = (2 * PP) – Low
S1 = (2 * PP) – High
S2 = PP – (High – Low)
S3 = S2 – (High – Low)
S4 = S3 – (High – Low)
> Woodie Pivot Points
R4 = R3 + (High – Low)
R3 = High + 2 * (PP – Low)
R2 = PP + (High – Low)
R1 = (2 * PP) – Low
S1 = (2 * PP) – HIGH
S2 = PP – (High – Low)
S3 = Low – 2 * (High – PP)
S4 = S3 – (High – Low)
> Camarilla Pivot Points
R4 = PP + (High – Low) * 1.1/2
R3 = PP + (High – Low) * 1.1/4
R2 = PP + (High – Low) * 1.1/6
R1 = PP + (High – Low) * 1.1/12
S1 = PP – (High – Low) * 1.1/12
S2 = PP – (High – Low) * 1.1/6
S3 = PP – (High – Low) * 1.1/4
S4 = PP – (High – Low) * 1.1/2


Version 2.0 2016.08.19
- Added mid points calculations