Indicador Dinapoli Pivos

Developed by smart2trader.com

About Dinapoli Pivôs

Dinapoli Pivôs is a Double Repenetration setup indicator that plots buy and sell arrows on your chart based on the displaced moving average (DMA 3x3) and five swing pivots. It also catalogs past signals and shows the latest signal of each timeframe in a panel.

Main advantages

  • Double Repenetration setup detected automatically: the DMA, the close crossings and the pivots are calculated for you.
  • Signal history on the chart, so you can study how the setup behaved on the symbol and timeframe you trade.
  • Multi-timeframe panel with the latest buy or sell signal of each timeframe and how many candles ago it happened.
  • Retracement of the move shown in the panel with Fibonacci references, plus an optional filter to display only signals inside the range you choose.
  • Suggested take profit and stop loss drawn on the chart, with the take projected from the previous leg.
  • Pivots on mouse hover over the arrow: the lines and labels of the five pivots appear only when you want to see them.
  • Alerts for new signals by popup and by mobile push notification.

Symbols and timeframes

Works on any symbol and timeframe in MetaTrader 5 (forex, indices, futures and more). The panel follows up to six timeframes at the same time, and all of them are configurable.

How signals are calculated

Signals use closed candles only. The arrow appears at the open of the candle that follows the last crossing and does not change afterwards. Try the demo to check whether the setup fits your trading, and leave your questions in the product comments.

Dinapoli indicator: Buffers

  • [0]: Signal (1 = buy, -1 = sell, 0 = no signal)
  • [1]: Suggested Take Profit
  • [2]: Suggested Stop Loss
  • [3]: Last High
  • [4]: Previous High
  • [5]: Last Low
  • [6]: Previous Low
  • [7]: DMA (displaced moving average)
  • [8]: Buy arrow
  • [9]: Sell arrow

Buffers [0] to [6] only hold a value on the signal entry candle and stay at zero elsewhere. For automated decisions in Expert Advisors, read the entry candle after it has closed (shift 1).

FAQ

Does the signal change after it appears?

No. It is calculated from closed candles only and appears at the open of the entry candle.

Can I use the signals in an Expert Advisor?

Yes. Buffer [0] returns 1 for buy and -1 for sell, and buffers [1] and [2] provide the suggested take and stop.

Can I filter signals by retracement?

Yes. Enable the retracement filter and set the minimum and maximum range. The panel keeps showing the latest real signal.

Which symbols and timeframes does it work on?

Any symbol and any timeframe. In the panel you choose up to six timeframes to follow.

How do I request new features?

Leave your suggestion in the product comments. The team reviews it and may include it in a future update.

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