Best Pivot Point Indicator MT5

Best Pivot Point Indicator display pivot points and support and resistance lines for the intraday trading.

It calculates them using its own formula based on the previous trading session

The indicator can display the following levels in addition to plain pivot points:

  • Previous session's High and Low, today's Open.
  • Sweet spots.
  • Fibonacci levels.
  • Camarilla pivots.
  • Midpoint pivots.


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Abdelkhabir Yassine Alaoui
Indicator  can be used for dxy correlation trading. it calculates the dollar index (USDX or DXY) using the EUR/USD, USD/JPY, GBP/USD, USD/CAD, USD/CHF and USD/SEK currency pairs. In order to trade them, you need to find a confirmed technical analysis pattern on the DXY chart and look for a correlated currency pair that has the same picture on its price chart. The formula used for calculation is the following: USDX = 50.14348112 × EURUSD -0.576   × USDJPY 0.136   × GBPUSD -0.119   × USDCAD 0.091
Support And Resistance indicator that can display round levels and zones . It shows them directly on the chart, providing an easy help when you want to set stop-loss or take-profit level, or when you want to see the next market target.   If an asset price is moving down and bounces back up, the level is called support (think: price floor). If an asset price is moving upward and hits a level where it reverses downward, this is called resistance (think: price ceiling).
The Candle Remaining Closing Time indicator displays the amount of time left before the current candlestick closes on your chart. This tool is essential for traders who rely on precise timing to enter or exit trades, especially in fast-moving markets. By showing a real-time countdown, it helps you stay aware of upcoming candle completions across any timeframe—from 1-minute to daily charts. Whether you're a scalper watching minute-by-minute action or a swing trader timing key setups on higher tim
The Swing High Low and Fibonacci Retracement Indicator is a powerful technical analysis tool designed to identify key price levels and potential reversal zones in the market. It automatically detects recent swing highs and swing lows on the chart and overlays Fibonacci retracement levels based on these points. This indicator helps traders: Visualize market structure by highlighting recent swing points. Identify support and resistance zones using Fibonacci ratios (e.g., 38.2%, 50%, 61.8%). Adapt
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4587hyu854ert 2024.04.15 11:20 
 

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