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Pivot RPS

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Published: 11 March 2026

Current version: 1.3

Pivot RPS

Name: Pivot RPS
Rating: 5 (3 reviews)
Author: Raka

Indicators
Raka
Raka
Indonesia

Indonesia

7186
4.7 (16)
16 products
Version: 1.3
Updated: 26 March 2026

Pivot Point Multi-Method with Dashboard

This indicator is a technical analysis tool designed to calculate and display horizontal support and resistance levels based on various Pivot Point methodologies. It is built using the MQL5 Canvas library, ensuring efficient performance and a clean visual presentation on the chart.

The tool calculates levels using the data from the previous completed candle of a user-defined reference timeframe. This ensures that the levels remain fixed for the duration of the current period, providing consistent points of reference for market analysis.

Calculation Methodologies

The indicator includes five standard mathematical models for pivot point calculation:

Classic/Traditional: The standard formula using High, Low, and Close.
Camarilla: Focuses on a range-based approach with specific coefficients for R1-R5 and S1-S5.
Woodie: Places additional weight on the opening price of the current period.
DeMark: Provides a different approach based on the relationship between the open and close prices.
Fibonacci: Uses the range multiplied by specific Fibonacci ratios (0.382, 0.618, etc.).
Floor: to identify potential support and resistance levels based on the prior period's high, low, and closing prices. They represent a "pivot" or turning point for market sentiment, helping to determine potential reversals or breakouts for the current trading day.
COPTAH pivot

Key Features

Multi-Timeframe Integration: Users can choose a reference timeframe (e.g., Daily, Weekly, Monthly) regardless of the timeframe currently applied to the chart.
Automated Visibility Logic: To maintain chart clarity, the indicator automatically hides its visual elements if the chart timeframe is equal to or higher than the selected reference timeframe.
Historical Data Display: The indicator allows the display of a user-defined number of past pivot periods. Each period is drawn within its respective timeframe boundary to avoid overlapping and visual clutter.
Native Canvas Rendering: Instead of using thousands of standard chart objects, the indicator renders all lines and text onto a single bitmap layer. This significantly reduces CPU and GPU load, especially when viewing extensive historical data.
Interactive Dashboard: A professional graphical interface displays the current level prices in real-time. The dashboard features a modern "cardboard" design with rounded corners and semi-transparent backgrounds.
Dynamic Placement: The dashboard can be moved to any of the four corners of the chart window with adjustable horizontal and vertical offsets to suit individual workspace layouts.

User Settings and Customization

Pivot Settings: Select the calculation method and the reference timeframe.
History Limit: Choose how many previous periods to visualize on the chart history.
Color Configuration: Separate color inputs for Pivot Point (PP), Resistance levels (R1-R5), and Support levels (S1-S5).
Interface Customization: Adjust the dashboard's corner position, X/Y offsets, and opacity levels.
Label Precision: All prices are displayed according to the instrument's digit precision.

Performance Optimization

The use of the CCanvas class ensures that the terminal remains responsive even during high market volatility or when multiple instances of the indicator are applied. By utilizing bitmap rendering, the indicator manages complex drawings while maintaining a low resource footprint.

Parameters

Reference Timeframe: Timeframe used as the basis for calculation (e.g., PERIOD_D1).
Calculation Method: Choice between Classic, Camarilla, Woodie, DeMark, or Fibonacci.
History Count: Number of historical periods to show (0 = current only).
Dashboard Position: Corner placement (Upper Left, Upper Right, Lower Left, Lower Right).
Opacity: Transparency level for the graphical dashboard background.

more...

shintiars8 2026.06.29 10:15 #

Good indicator, thank you

2900

Findolin 2026.03.13 19:34 #

Excellent! Thank you so much! Small suggestion: It would be good if you could also turn off the dashboard.

wilkyang2781 2026.03.12 02:16 #

One of the best indicator from one of the best creator

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Advanced SMC & Volumetric Order Block Indicator Overview This enhanced-grade for MetaTrader 5 indicator is designed to decode market behavior using Smart Money Concepts (SMC) method . It goes beyond standard price action analysis by integrating Volumetric Data directly into market structure, helping traders identify high-probability reversal and continuation zones with precision. Key Features Volumetric Order Blocks: A unique, split-gauge visualization within Order Block zones that disp

FREE

Stochastic RSI-RVI Fusion is a next-generation oscillator that goes beyond the standard Stochastic RSI. By combining the momentum precision of the Relative Strength Index (RSI) with the energy and volatility analysis of the Relative Vigor Index (RVI) , this indicator provides a smoother, more reliable oscillating signal for traders looking to filter out market noise. Standard oscillators often give false signals during choppy markets. This "Fusion" edition solves that by averaging market

FREE

Enhanced FVG Enhanced FVG is a technical indicator for MetaTrader 5 that identifies Fair Value Gaps on the chart and measures the buyer-to-seller volume ratio within each detected gap. Volume classification is performed using M1 timeframe tick volume data, applying the same methodology used in standard Volume Profile analysis. How It Works The indicator scans three consecutive candlesticks to detect Fair Value Gaps. A Bullish FVG is identified when the high of the first candle does not overlap w

FREE

AstroCycles: Advanced Financial Astronomy Indicator Overview AstroCycles is a sophisticated technical analysis tool developed for the MetaTrader 4 (MQL4) platform. It bridges the gap between orbital mechanics and financial market analysis by calculating precise astronomical cycles and visualizing them directly on your trading chart. Unlike standard indicators that rely on past price data, AstroMaster utilizes high-precision astronomical algorithms (Keplerian Elements and Brown’s Lunar Theory)

FREE

PropFirm Copilot Trade Risk Management EA: The Ultimate Prop Firm Copilot The Trade Risk Management Copilot EA is an automated trading utility designed to assist manual traders and proprietary firm traders in managing their open positions and risk parameters. The tool automates the process of stop-loss and take-profit calculations, position trailing, and account drawdown monitoring. Managing multiple positions across various symbols requires continuous calculation of stops, break-even points, a

FREE

Are you ready to elevate your trading game and experience unparalleled accuracy in market predictions? The Scalping Range Grid Indicator is not just a tool—it’s your main weapon for pinpointing the next move in the financial markets. Designed for traders who demand the best, this cutting-edge indicator harnesses the power of grid-based analysis to scan future price transit zones with unmatched precision. Imagine having the foresight to know where the price is most likely to pause, consolidate,

50 USD

PropFirm AI Management is an Expert Advisor for MetaTrader 5 designed to assist traders operating under prop firm evaluation conditionsas well as independent personal trading. It integrates a generative AI pipeline with a structured multi-timeframe analysis engine, automated risk controls, and real-time position management — working within the specific constraints of funded account rules. How It Works PropFirm AI Management operates on a continuous timer cycle. On each tick, it evaluates a seque

250 USD

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shintiars8 2026.06.29 10:15 #

Good indicator, thank you

mikecalina 2026.05.05 08:42 #

User didn't leave any comment to the rating

213

Lifegoodqwe 2026.04.06 09:36 #

User didn't leave any comment to the rating

2900

Findolin 2026.03.13 19:34 #

Excellent! Thank you so much! Small suggestion: It would be good if you could also turn off the dashboard.

7186

Reply from developer Raka 2026.03.21 22:26 #

I will update the dashboard to turn it ON/OFF. *Update*
Hi, the option to show/hide the dashboard panel is available now. Thank you.

wilkyang2781 2026.03.12 02:16 #

One of the best indicator from one of the best creator

429

jgooi777 2026.03.11 05:44 #

User didn't leave any comment to the rating