GJPivot support and resistance

5

PLEASE HELP REVIEW/ SUPPORT/ SHARE THIS OTHER INDICATOR  HERE https://www.mql5.com/en/market/product/51637 AS YOU DOWNLOAD THIS ONE FOR FREE. THANKS.


A. This pivot indicator shows the days Pivot Price. Yellow line is pivot point. Blue line is resistance and red line is support.

B. It also shows Resistance  R0.5, R1, R1.5, R2, R2.5, and R3

C.It also shows support S0.5, S1, S1.5, S2, S2.5, and S3

INPUT:

Under input you will see 3 Variables

1.ExtFomula. Here you can set your preferred exit at a resistance or support on the chart window at not more than 1 or 2 or 3 value. 1 represents exit at resistance or support 1. 2 represents exit at resistance or support 2. 3 represents exit at resistance or support 3.

2. ExtHowmanyDays. The default is for 30 days. If either 1 or 2 or 3 is entered in ExtFomula, the exit support and resistance price for thirty past days will show on the chart window

3.ExtDraw. Select true to allow support and resistance to be drawn on the chart window, or vice visa.

ADVANTAGES

1. The indicator allows you to see up to support 3 or resistance 3

2. The indicator allows you to set an exit point on the chart at any of the selected resistance or support.

3. The set exit of either the support or resistance can serve as take profit and/or stop loss depending on the prevailing trend.

4. By setting the Exitfomula to 1 or 2 or 3, the indicator will give a clear idea of the extent of up or down move that price could make daily. 


Reviews 1
PeterMacalpine
14
PeterMacalpine 2021.04.26 04:16 
 

Excellent and easy to use. I replaced the other pivot indicator that I use with GJPIVOT. Thanks.

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BreakAxis — Precision Signals at the Turning Point Join the channel to stay updated on new releases:  https://www.mql5.com/en/channels/forexnewadvisor Crossover-Based Signal Logic BreakAxis Signal has been designed to detect directional shifts based on zero-axis crossovers. Histogram transitions are used to highlight potential market momentum changes, supported by visual confirmation via directional arrows. Signal Confirmation and Stability Each signal is generated after specific mathematic
PZ ABCD Retracement
PZ TRADING SLU
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Indicators
Identify precise entry and exit points with AB=CD patterns This indicator finds AB=CD retracement patterns. The AB=CD Retracement pattern is a 4-point price structure where the initial price segment is partially retraced and followed by an equidistant move from the completion of the pullback, and is the basic foundation for all harmonic patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products   ] Customizable pattern sizes Customizable AC and BD ratios Customizable b
Trend Lines PRO
Roman Podpora
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TREND LINES PRO    helps understand where the market is truly changing direction. The indicator shows real trend reversals and points where major players re-enter. You see   BOS lines   Trend changes and key levels on higher timeframes — without complex settings or unnecessary noise. Signals don't repaint and remain on the chart after the bar closes. VERSION MT 5     -     Reveals its maximum potential when paired with the   RFI LEVELS PRO  indicator What the indicator shows: Real shifts   tren
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This indicator uses binary codes to predict price movement within the "multiverse and mini-verse" of price. (Due to the coding instruction to capture every momentum, it leaves static lines in DEMO TESTING mode. At the end of testing click on the indicator to open and click OK. It will adjust and remove broken and static lines)  It also draws lines at entry price levels on the chart. Just open your positions accordingly at these price levels. You will get many trading opportunities each day with
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Perfect for one minutes high trading and scalping. This indicator is very effective for trading on one minutes, in the hour. A combination of moving averages and STOCHASTICS calculation to produce a very convincing signal every hour. Blue colour signals a buy opportunity. Follow the X signs for possible buy points. The Blue average line serves as possible trend direction and support. Red colour signals a sell opportunity. Follow the X signs for possible sell points. The Red average line serves a
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Average moving Pivot
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This indicator is very effective for trading everyday. A combination of moving averages and 2X Pivots calculation to produce a very convincing signal everyday. Blue colour signals a buy opportunity. Follow the arrows for possible buy points. The Blue pivots and average line, serves as possible support. Red colour signals a sell opportunity. Follow the arrows for possible sell points. The Red pivots and average line, serves as possible resistance.  Best use on the 15 minutes, 30 minutes or 1 hour
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PeterMacalpine
14
PeterMacalpine 2021.04.26 04:16 
 

Excellent and easy to use. I replaced the other pivot indicator that I use with GJPIVOT. Thanks.

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