Daily Pivots with Time Shift And Alerts

Indicators
Crispin Scruby
Version: 3.2
Updated: 27 November 2021
Activations: 5

The Daily pivots indicator calculates and displays daily pivot levels on MT4 charts. The indicator allows the trader to adjust the calculation window so that the pivots can be synchronised with the market the trader is active within. So traders looking to trade the London open or the US open can adjust the calculation basis of the pivot system so that the pivots on their chart are the same as the majority of the market participants.

All the FX AlgoTrader pivot systems use HOURLY data for their pivot calculations... this means you can tune your pivot calculation window by the hour!!... It also means you can generate hyper accurate pivot levels which will be virtually pip perfect with published levels from leading authorities such as Mataf.

Indicator Parameters:

Shift for Calculation Start Time: Values in integers representing hours - can be positive or negative - positive values retard the calculation basis
Shift for Calculation End Time: Values in integers representing hours - can be positive or negative - positive values retard the calculation basis
Enable Alert on R3-S3 (13 levels) : if set to 'true' the system will monitor price action and alert the trader if it comes within the specified range of the active pivot level as defined by the Pivot Trigger Threshold parameter
Pivot Trigger Threshold: Defines the active alert trigger channel around any pivot levels which are alert enabled - the value is an integer in pips.
Send Email Alerts: If set to 'true' the system will send email alerts to the designated
Alert Sound: Allows the trader to select any wav file held in the MT4 sounds folder
Max number of Alerts: Sets the maximum number of permitted alerts within the current alert cycle
Show Intermediate 'M' Levels: If set to true displays the M levels
R3-S3 Colour: Set the colour for each pivot level.
Line Style: Sets the line style for the pivot levels - options are Solid, Dash, Dot etc
Ray: If set to 'true' extends the pivot levels 'into the future'
Pivot Label Shift (periods): Allows the trader to shift the pivot level by X period left or right - can be positive or negative values
M1-MN1 Line Lengths: Allows the trader to specify the line lengths for each chart timeframe
Show Pivot Calculation Data Window: If set to 'true' the calculation data window will be shown on the chart
Calculation Data X Position: sets the x coordinates for the calc data
Calculation Data Y Position: sets the y coordinates for the calc data
Calculation Data Colour: sets the colour for the calc data
Calc Data Font Size: Sets the calc data font size
Vis_M1_Chart-Vis_MN1_Chart: Allows the trader to define whether the pivots are displayed on specific chart timeframes
Show Calculation Points: If set to 'true' the calculation window start and end points will be shown with a dot on the chart
Calculation Point Colour: Defines the colour for the calculation point
Show Yesterday's High/Low: If set to 'true' Yesterday's high and low will be displayed
Yesterday's High/Low Colour: Sets the colour for Yesterday's high and low
Yesterday's High Text: Sets the text shown for yesterday's High level
Yesterday's Low Text: Sets the text shown for yesterday's Low level

more...

1525

pnutfx503 2017.04.27 07:27 #

Yes you can get pivots for free but they don't work like these one's. You get what you pay for and free isn't never good when your putting real money on the line. Yes I bought All three and use them daily!

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