Pivot Bro
- Indicators
- Thushara Dissanayake
- Version: 1.2
- Updated: 26 March 2019
- Activations: 20
The Pivot Bro technical indicator is a powerful tool designed to identify retracement areas using Pivot, Fibonacci, ATR, and ADR levels. It goes beyond that by also recognizing price action based reversal candlestick patterns. Additionally, the Currency Meter is a valuable companion for assessing the true strength of major currencies. By analyzing 28 currency pairs and displaying their strength on the chart with color changes, it enables traders to make informed decisions on entry and exit points.
Featuring the inclusion of popular indicators such as Pivot, Fibonacci, ADR, ATR, reversal candlestick patterns, and the Currency Meter, this indicator offers a comprehensive set of tools for precise and accurate signals. Each indicator is fully customizable to suit individual trading preferences, allowing traders to tailor the settings to their specific needs. The quick Activate/Deactivate function for each indicator ensures convenient control over their display.
The Fibonacci parameters allow for the enabling or disabling of Fibonacci levels, customization of individual levels, and flexibility in choosing the bar range for drawing Fibonacci. Pivot Point parameters enable the activation or deactivation of Pivot levels, with the choice of the desired time frame. ATR and ADR parameters provide control over the display of ATR and ADR levels, including the customization of averaging periods. The inclusion of candlestick patterns allows traders to enable or disable their display, enhancing pattern recognition.
To further enhance trading efficiency, the indicator offers various alert filters, including Fibonacci and Pivot filters, enabling or disabling alerts for specific levels. Additional common filters allow for defining the alert reset period and activating alerts on specific zones or margins. Pop-up alerts, email alerts, and mobile notifications can be activated or deactivated based on individual preferences.
The graphic parameters provide comprehensive customization options, allowing traders to visually adjust the appearance of each indicator's graphic objects, such as line color, line style, line width, font, and font size. These customizable options ensure a personalized and visually appealing trading experience.
It is important to note that the real currency strength feature is not available in the testing mode (Strategy Tester).
Overall, the Pivot Bro technical indicator offers an array of features and customization possibilities, empowering traders to identify retracement areas, make well timed entries, and optimize their trading strategies.
Parameters
- Fibonacci Parameters - Customize Fibonacci indicator.
- Pivot Point Parameters - Customize Pivot Point indicator.
- ATR Parameters - Customize ATR indicator.
- ADR Parameters - Customize ADR indicator.
- Pattern Parameters - Customize Candlestick patterns.
- Alert Parameters - Customize alerts for specific conditions.
- Graphic Parameters - Customize visual appearance and colors.
Congratulations! Pleased with the purchase!