Moving Pivot Average MT5

Moving Pivot Average  

The Moving pivot indicator compares the selected period with its counterpart from the previous period.

The indicator uses very flexible algorithm for pivot value calculating. It allows you to allocate in days a certain time intervals (custom bars) and calculate the average pivot value based on High, Low and Close prices of these bars. How many custom bars will be taken into account is determined by the "Days" setting.

The pivot line can be considered an average trend line and use it in a variety of trading strategies.


 

If you have any question about the indicator, your comments are welcome.

 

Features

  • Works for all timeframes.
  • 100% non-repaint indicator.
  • Settings are customizable.

 

Parameters

  • Days - number of days selected.
  • Show Alert - choose to use or stop alert sound and message (default is true).
  • Send Email - send notification (default is false).
  • Send Notification - option to send a notification to the user (default is false).
  • Bars Limit - number of bars chosen.

 


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Eric Venturi-Bloxs
Indicators
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Eric Venturi-Bloxs
Indicators
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Eric Venturi-Bloxs
Indicators
The FFx Watcher PRO is a dashboard displaying on a single chart the current direction of up to 15 standard indicators and up to 21 timeframes. It has 2 different modes: Watcher mode: Multi Indicators User is able to select up to 15 indicators to be displayed User is able to select up to 21 timeframes to be displayed Watcher mode: Multi Pairs User is able to select any number of pairs/symbols User is able to select up to 21 timeframes to be displayed This mode uses one of the standard indicators
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