PZ Pivot Points MT5

4.95

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
  • 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

Author

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

Reviews 28
Prasha Farizy
176
Prasha Farizy 2025.02.12 02:33 
 

Great

Martins Skudra
320
Martins Skudra 2024.12.10 05:24 
 

Good and usefull indicator, recomend.

Marek Borys
171
Marek Borys 2024.02.21 18:36 
 

OK

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Order block hunter indicator is the best indicator for  hunt the order blocks that area where there has been a large concentration of limit orders waiting to be executed Order blocks are identified on a chart by observing previous price action and looking for areas where the price experienced significant movement or sudden changes in direction .This indicator does that for you by using very complicated codes and helps you to take the best areas To buy and sell because it make marks at the best a
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4.6 (10)
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Filter:
Prasha Farizy
176
Prasha Farizy 2025.02.12 02:33 
 

Great

Martins Skudra
320
Martins Skudra 2024.12.10 05:24 
 

Good and usefull indicator, recomend.

Marek Borys
171
Marek Borys 2024.02.21 18:36 
 

OK

Fr332gon
14
Fr332gon 2023.06.10 08:08 
 

I must have done something wrong. All I get is a series of lines in a very thin band following price. so at this stage I wouldnt rate it a success or usable

po8748hwh
14
po8748hwh 2023.02.24 18:07 
 

Good

gegm0709
24
gegm0709 2022.07.29 05:55 
 

Thank you

Fernando Silva
58
Fernando Silva 2022.06.01 03:19 
 

Indicador excelente, serve como um ótimo filtro.

raizut2y
14
raizut2y 2022.04.30 04:48 
 

GOOD!

NssN
14
NssN 2022.01.21 07:53 
 

Good

BRUNOPVA
16
BRUNOPVA 2022.01.05 23:33 
 

O melhor indicador de pivot free que encontrei. Parabéns!

DimitarMB
34
DimitarMB 2021.12.08 08:39 
 

Good! Thanks

Андрей Авдась
18
Андрей Авдась 2021.10.06 08:07 
 

Хороший индикатор, но хотелось бы иметь возможность самому выставлять коэффициент для уровней R2, R3, R4 и соответственно для S2, S3, S4. А так приходиться пользоваться только уровнями R1 и S1, а остальные уровни рисовать с помощью Фибоначчи. Да и названия уровней справа нет возможности убрать - не знаю как кому - но для меня иметь возможность убирать надписи или писать их под уровнями важно. Обновление индикатора или прорисовка как-то притормаживает, не знаю в чём причина - я это исправляю переключением таймфрейма на неделю и снова на день и всё прорисовывается. Для бесплатного индикатора - это великолепно!

PrincipeRk
34
PrincipeRk 2021.09.12 00:39 
 

Muy buen complemento de indicador

Pak Hong Poon
2906
Pak Hong Poon 2021.09.08 17:00 
 

good, thanks for sharing

LUIZ.O.E.R
114
LUIZ.O.E.R 2021.06.06 15:35 
 

Show!

sinh927
117
sinh927 2021.04.17 16:19 
 

It's a great tool, except for one problem. It would be an even better tool if it could delete past Pivots.

PZ TRADING SLU
812152
Reply from developer Arturo Lopez Perez 2021.05.18 23:36
I'll do it for next version. Thank you.
vasanton
108
vasanton 2021.03.15 18:13 
 

Это лучший, на мой взгляд индикатор PP для МТ5.

Darrel Balucos
267
Darrel Balucos 2021.03.12 19:16 
 

very helpful

Sergey Zhuravkov
2115
Sergey Zhuravkov 2021.01.09 19:53 
 

Пригодится

Silvio Araujo
97
Silvio Araujo 2020.11.04 12:24 
 

Excelente indicador

12
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