TMX Pivot Levels Pro MT5

TMX Pivot Levels — Multi-Method Pivot, Support & Resistance Indicator

Automatically draws the pivot, resistances and supports used by floor traders and institutions every session — using Classic, Fibonacci and Woodie methods, individually or all at once.


For the best experience and to get the most out of this indicator, please contact me through the MQL5 Community to receive the User Manual.


Key Benefits

  • Instant levels — Pivot (P), R1–R3, S1–S3 drawn the moment you attach the indicator, recalculated at every new session.
  • 3 methods in 1 indicator — Classic, Fibonacci, Woodie.
  • All mode: confluence at a glance — plots all 3 methods together, merges identical levels, and shades the zone between them so you instantly see where methods agree (narrow zone = high confidence).
  • Any timeframe, any instrument — set the reference period to Daily, Weekly, Monthly or higher, for scalping, intraday or swing trading.
  • Clean chart — each level segment stays confined to its own period, no overlap, no repaint.
  • Fully customizable — colors, widths, styles, label size/offset, object prefix (multi-instance safe).
  • Lightweight — 100% chart-object engine, no indicator buffers, no handles.

What's Included

  • Pivot & levels: P, R1–R3, S1–S3
  • Reference lines: current Open, previous High/Low/Close
  • History: display up to 50 previous periods
  • All mode: method letters (C/F/W), auto-merged lines, agreement zones

Recommended Setups

Chart TF Reference TF Use case
M5 / M15 Daily Intraday / scalping
H1 Daily or Weekly Intraday swing
H4 Weekly Swing trading
D1 Monthly Position trading

Reliability

  • Idles cleanly (no crash, no removal) if chart TF ≥ reference TF; resumes automatically when you switch back.
  • Identical formulas and settings on MT4 and MT5.

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