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TCL Auto Pivot Points

FREE

Published: 22 June 2026

Current version: 1.4

TCL Auto Pivot Points

Indicators
Stratos Digital (PVT) Ltd
Stratos Digital (PVT) Ltd
CEO at Stratos Digital (PVT) Ltd

Sri Lanka

2187
Version: 1.4

TCL Auto Pivot Points is a daily, weekly, and monthly pivot-point indicator for MetaTrader 4. It calculates classic institutional support and resistance levels (R1 through R3 and S1 through S3) using a choice of four formulas and plots them automatically on the chart.

What It Plots

The indicator draws seven horizontal lines: the central Pivot Point (P), three Resistance levels (R1, R2, R3) above it, and three Support levels (S1, S2, S3) below. The lines update at the start of each pivot period (daily, weekly, or monthly).

Calculation Methods

Classic — the standard floor-trader formula based on the previous period's high, low, and close.
Fibonacci — distances between pivot levels follow Fibonacci ratios (0.382, 0.618, 1.000).
Woodie — gives extra weight to the previous period's close when calculating the pivot.
Camarilla — narrower levels designed for intraday mean-reversion analysis.

Inputs

Calculation Method — Classic, Fibonacci, Woodie, or Camarilla (default Classic)
Timeframe Mode — Daily, Weekly, Monthly, or Auto Detect based on the current chart (default Auto Detect)
Show R1 to R3 and S1 to S3 — toggle individual level visibility
Line colors, styles, and widths — fully configurable
Show labels with price values — toggle text labels at each level

Compatibility

The indicator works on MetaTrader 4. It is compatible with all instruments and all chart timeframes from M1 to MN. Pivot levels themselves are calculated from the chosen pivot period (Daily, Weekly, or Monthly).

Installation

Download the file from MQL5 Market
Restart MetaTrader if needed
Drag the indicator onto any chart

For questions about parameters or behavior, please use the Comments tab.

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FREE

TCL SQ Super Bands is a volatility band indicator for MetaTrader 4. It replaces the symmetric Standard Deviation math used by Bollinger Bands with either Semi-Sigma (asymmetric volatility) or Quantile (percentile) calculations, producing bands that adapt to market skewness. How It Works Standard Bollinger Bands assume price moves symmetrically around the mean, but real markets often show skew, with larger or more frequent moves in one direction. This indicator offers two alternative band logics

FREE

TCL Correlation Matrix is a multi-symbol correlation dashboard for MetaTrader 4. It scans up to 42 symbols across Forex majors, crosses, exotics, commodities, and cryptocurrencies, calculating a real-time Pearson correlation coefficient between each symbol and the chart's symbol. What It Shows Each symbol's correlation value is displayed as a coefficient between -1.00 and +1.00. Values close to +1.00 mean the two symbols move together; values close to -1.00 mean they move opposite; values near 0

FREE

TCL Power Meter is a currency strength dashboard for MetaTrader 4. It analyzes eight major currencies (USD, EUR, GBP, JPY, CHF, AUD, CAD, NZD) against the entire matrix of cross pairs using an aggregated Relative Strength Index (RSI) formula, producing a single 0-to-100 strength score per currency. How It Works For each of the eight major currencies, the indicator computes RSI values across every pair that currency is part of, then aggregates those values into a single strength score. The result

FREE

TCL MA Crossovers is a Moving Average crossover indicator for MetaTrader 4 with independent Fast and Slow MA settings for every chart timeframe. It plots crossover markers and sends multi-channel alerts when a confirmed crossover occurs. How It Works Most crossover indicators apply one Fast and one Slow Moving Average to whichever timeframe is open. This indicator stores a separate Fast and Slow MA configuration for each timeframe (M1, M5, M15, M30, H1, H4, D1, W1, MN). When the chart timeframe

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TCL Auto Pivot Points

Stratos Digital (PVT) Ltd

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