Pivot Point Expert

5

This indicator calculates support and resistance prices in multi-timeframe with different formulation and draw them on the chart that style do you choose. And If you want, Indicator can alert you when the current price arrive these pivot levels.

Formulations: Classic, Camarilla, Woodie, Demark, Floor, Fibonacci
Alert Options: Send Mobil Message, Send E-mail, Show Message, Sound Alert
Levels: PP, S1, S2, S3, S4, S5, R1, R2, R3, R4, R5, TC, BC and Middle Points

Why do you need this indicator:

  • Time Shifting: You can set start hour for calculating. And that way you can see levels independently from broker server's time-zone.
  • Extended Levels: You can enable R5 and R4 Resistance levels or S4 and S5 Support levels
  • Previous Period: You can show previous period prices that used to calculate support and resistance levels. Such as open price, close price, high price and low price.
  • Middle Points: You can show midpoints between Support and Resistance levels
  • CPR: You can show CPR(Central Pivot Range) levels. TC(Top Central) and BC(Bottom Central)
Other features:
  • Style: You can set style settings for all pivot levels separately. For example Type, Width, Color, length (short or long line), Draw Background and Disable Selection, etc.
  • Compatibility: This indicator works flawless with other indicators on the same chart. And If you want, you can use it in the other custom indicator or expert advisor' code for getting all support and resistance prices from indicator buffer.
  • Multi-Use: You can use more than one time on the same chart with different period setting. For example: one with a daily period setting and second one with a weekly period setting or if you want, also you can add third with the monthly period setting.
  • Dual-Alert: If you like, you can set two alert type. Such as you can get push message to your phone and e-mail message at the same time.
  • Re-Calculate: When start the new period, Indicator calculates the new prices and draw pivot levels on the chart automatically.
  • Different Periods: You can choose Hourly, Daily, Weekly or Montly period for calculation pivot levels.
  • Save-Time: Time is the most valuable thing. Don't waste your precious time for calculating pivot levels every day.
  • Toggle Button: You can enable toggle button for pivot lines. (Button position can be changeable by xdistance and ydistance inputs)

Recommends:

  • AlertPreviousPeriod: False (If one of the previous period level is very close the one of the current level, you should not enable it for not getting a lot of alert.)
  • PipDeviation: 3 (You must set max 10 to prevent from getting a lot of alert.)

Alert Options:

* If you choose to SendEmail, you must configure the E-Mail settings (MetaTrader > Tools > Options > E-Mail)

* If you choose to SendMobilMessage, you must configure the push notification settings (MetaTrader > Tools > Options > Notifications)

* Send E-mail and Send Mobil Message options cannot be used in Demo mode. But you can select ShowAlertMessage option and see all created alarm in the strategy tester's journal section.

 

Reviews 1
Chapa
574
Chapa 2022.05.29 18:27 
 

I am blown away by the lack of Love this indicator has gotten. I bought it even though I have a Pivots Indicator that can plot custom start times which the author refers to "time shifting" (they are hard to find)why... Because it has the Central Pivot Range (BC/PP/TC) which you can also time shift. Think ICT, you can plot them at NY est time 12:00am, at the beginning of a session or whenever the hell you want to. The only issue I have is that the CPR cannot be plotted for multiple preceeding trading days as taught by the Pivot Boss Book. Doing so, you can forecast trending or sideways price behavior more easily based on expanding or contracting ranges in relation to the current day. For that I had to get a free CPR tool which has up to 15 days but currently does not have time shifting. So currently I have 3 pivot indicators instead of one. If only the author could add the CPR with at least a trading week, then it would truly be an ALL IN ONE PIVOT INDICATOR! No need for multiple pivot indicators or a subscription to Tradingview! Great work. Many Thanks!

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Attention: beware of SCAMS, TRENDMAESTRO is only ditributed throught MQL5.com market place. note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.5 TRENDMAESTRO recognizes a new TREND from the start, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes a
This product was   updated   for the   2026 market   and   optimized   for the   latest MT5 builds . PRICE UPDATE NOTICE: Smart Price Action Concepts   is currently available for $200. The price will   increase to $299   after the next   30 purchases. SPECIAL OFFER:  After purchasing , send me a private message to claim FREE Bonus + Gift. First of all Its worth emphasizing here that this Trading Tool is Non Repainting , Non Redrawing and Non Lagging Indicator , Which makes it ideal for profes
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This utility exports candle data   which you chosed by input parameter  to CSV  file. Time Frames:  M1,M5,M15,M30,H1,H4 Inputs: StartTime: Start time for exporting data. EndTime:   End time for exporting data. DataType: Close, Open, High, Low, Median(HL/2), Typical(HLC/3), Weighted(HLCC/4), Pip(H-L). DecimalSeperator: Decimal seperator for candle price data. (Default = ".") CSVDelimiter: Delimiter character for CSV file.  (Default = ";") * This utility exports candle data horizontally. That me
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Chapa
574
Chapa 2022.05.29 18:27 
 

I am blown away by the lack of Love this indicator has gotten. I bought it even though I have a Pivots Indicator that can plot custom start times which the author refers to "time shifting" (they are hard to find)why... Because it has the Central Pivot Range (BC/PP/TC) which you can also time shift. Think ICT, you can plot them at NY est time 12:00am, at the beginning of a session or whenever the hell you want to. The only issue I have is that the CPR cannot be plotted for multiple preceeding trading days as taught by the Pivot Boss Book. Doing so, you can forecast trending or sideways price behavior more easily based on expanding or contracting ranges in relation to the current day. For that I had to get a free CPR tool which has up to 15 days but currently does not have time shifting. So currently I have 3 pivot indicators instead of one. If only the author could add the CPR with at least a trading week, then it would truly be an ALL IN ONE PIVOT INDICATOR! No need for multiple pivot indicators or a subscription to Tradingview! Great work. Many Thanks!

Ali Gokay Duman
17157
Reply from developer Ali Gokay Duman 2022.05.31 10:51
Thank you very much for your feedback. I'll absolutely consider your advice.
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