VR Pivot MT5

VR Pivot is an indicator of key pivot points.

Pivot points are a special type of support and resistance levels that are used to determine the strongest price zones. Professional traders use pivot levels to determine prices at which there is a high probability of a price reversal. The levels are calculated using special mathematical formulas, which include the closing, opening, high, and low prices of the previous time period. The most effective is the daily period. It is important to note that at first glance it may seem that there is nothing special about these levels, but if you analyze the price movement using pivot levels, you can clearly see that in most cases these levels show good, accurate results.

You can request technical support, settings and demo versions of programs in the author's profile.

Pivot levels can be used not only as pivot points, but also as levels at which Take Profit can be used as efficiently as possible to maximize profit, Stop Loss to minimize losses as much as possible, and transfer positions to a no-loss zone to reduce risks.

Advantages of the VR Pivot Indicator:

  • The indicator supports the calculation of several formulas:
    • Classic Pivot - the classic formula for pivot points
    • DeMark Pivot - DeMark formula
    • Woodie Pivot - Woodie Formula
    • Camarilla Pivot - Camarilla Formula
    • Fibonacci Pivot - Fibonacci Formula
  • The program is implemented as an indicator and can work together with your Expert Advisors and other indicators
  • It is possible to analyze historical data
  • The program is written in such a way that it displays information for the period set by the user and does not clutter the chart with historical data.
  • The indicator can calculate losses for any financial instruments (Forex, Crypto, CFD, Futures, Metals)
  • The trader can choose any time frames for the calculation
  • The indicator has a large number of settings that allows you to customize it in any style

Indicator operation algorithm

After you drag the indicator from the navigator to the chart, you will see a settings window where you can select the calculation formula and adjust the colors of the levels. After you click the "Ok" button, the chart will display horizontal levels and one vertical level. Using the vertical level, the trader can move the starting point of the calculations. Use the vertical level to study the historical data. To calculate new key levels, move the vertical level to the current period.

Indicator Settings

  • Main settings - main indicator settings
  • Type Pivot - type of pivots
    • Classic Pivot - the classic formula for pivot points
    • DeMark Pivot - DeMark formula
    • Woodie Pivot - Woodie Formula
    • Camarilla Pivot - Camarilla Formula
    • Fibonacci Pivot - Fibonacci Formula
  • Length of lines - the length of horizontal levels in bars
  • Show Price - display prices on levels
  • Time Frame - The period for calculating the levels, must be greater than the period for which the indicator is set
  • Prefix - prefix for indicator objects
  • Color settings - indicator color settings
Versions for MetaTrader 5 Versions for MetaTrader 4
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Ottaviano De Cicco
5 (1)
The Oracle Pro: Synthetic Multi-Timeframe Bias Engine for MT5 ️ Summer Launch Offer — Get The Oracle Pro for USD 199 (early buyers). Price rises with traction; final price USD 399. The Oracle Pro is a premium multi-timeframe bias engine for MetaTrader 5, built for demanding and professional traders. It answers one question with discipline: what is the directional bias on each timeframe right now, how strong is it, and how much do the timeframes agree? Everything is computed on closed bars only
FX Power MT5 NG
Daniel Stein
5 (33)
FX Power: Analyze Currency Strength for Smarter Trading Decisions Overview FX Power is your go-to tool for understanding the real strength of currencies and Gold in any market condition. By identifying strong currencies to buy and weak ones to sell, FX Power simplifies trading decisions and uncovers high-probability opportunities. Whether you’re looking to follow trends or anticipate reversals using extreme delta values, this tool adapts seamlessly to your trading style. Don’t just trade—trade
Currency Strength Wizard   is a very powerful indicator that provides you with all-in-one solution for successful trading. The indicator calculates the power of this or that forex pair using the data of all currencies on multiple time frames. This data is represented in a form of easy to use currency index and currency power lines which you can use to see the power of this or that currency. All you need is attach the indicator to the chart you want to trade and the indicator will show you real s
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VR Ticks
Vladimir Pastushak
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The VR Orders History script is designed to upload a trade report to a csv file. This format is intended for additional analysis of trading history in programs such as EXCEL, Openoffice, and Libreoffice. Thanks to the script, it is now much easier for a trader to analyze their trading history. The program facilitates the analysis of the trading history for the MetaTrader 5 terminal. The trader sees structured trading. The entire report is based on the following principle: Position > Order on the
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Vladimir Pastushak
1 (1)
The VR Close orders script is designed to close positions in the terminal at a profit or loss mark set by the trader. The program is written as a script and can work together on the same chart with any other indicators and expert advisors. The program has a simple visual panel and is easy to configure with the mouse. With this program's help, the trader can automatically close positions and delete orders depending on the conditions set.  There is often a situation when you need to close position
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Vladimir Pastushak
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The VR Object Delete All script solves the problem of garbage on the chart. it is often necessary to completely clear the chart of everything that is put on it, comments, lines, objects. The script completely deletes everything, even those objects that are not visible. When working, VR Object Delete All writes everything it does in the terminal log, as well as the names of objects to delete. Displays the number of deleted objects as a separate line. in case of any errors, it will display an erro
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3.5 (4)
The VR Close orders script is designed to close positions in the terminal at a profit or loss mark set by the trader. The program is written as a script and can work together on the same chart with any other indicators and expert advisors. The program has a simple visual panel and is easy to configure with the mouse. With this program's help, the trader can automatically close positions and delete orders depending on the conditions set.  There is often a situation when you need to close position
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VR Object Delete All
Vladimir Pastushak
5 (1)
The VR Object Delete All script solves the problem of garbage on the chart. it is often necessary to completely clear the chart of everything that is put on it, comments, lines, objects. The script completely deletes everything, even those objects that are not visible. When working, VR Object Delete All writes everything it does in the terminal log, as well as the names of objects to delete. Displays the number of deleted objects as a separate line. in case of any errors, it will display an erro
FREE
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Oluseyi Elemosho
314
Oluseyi Elemosho 2021.08.18 19:53 
 

User didn't leave any comment to the rating

Vladimir Pastushak
113736
Reply from developer Vladimir Pastushak 2021.08.19 09:51
Thank you!!
Andrey Ivanitsky
120
Andrey Ivanitsky 2021.04.27 21:09 
 

User didn't leave any comment to the rating

Vladimir Pastushak
113736
Reply from developer Vladimir Pastushak 2021.04.28 07:25
Спасибо!
Quantum Trader
3029
Quantum Trader 2021.04.20 18:39 
 

User didn't leave any comment to the rating

Vladimir Pastushak
113736
Reply from developer Vladimir Pastushak 2021.04.20 19:47
Thank you!!
varon
532
varon 2021.03.27 08:50 
 

User didn't leave any comment to the rating

Vladimir Pastushak
113736
Reply from developer Vladimir Pastushak 2021.03.27 08:54
Thanks!
Vladimir Shumikhin
4312
Vladimir Shumikhin 2021.03.24 05:10 
 

User didn't leave any comment to the rating

Vladimir Pastushak
113736
Reply from developer Vladimir Pastushak 2021.03.27 08:55
Спасибо!
Sergei Viakhirev
252
Sergei Viakhirev 2021.03.23 22:10 
 

User didn't leave any comment to the rating

Vladimir Pastushak
113736
Reply from developer Vladimir Pastushak 2021.03.27 08:55
Спасибо!
Cleverson Santos
751
Cleverson Santos 2021.03.22 00:41 
 

User didn't leave any comment to the rating

Vladimir Pastushak
113736
Reply from developer Vladimir Pastushak 2021.03.22 08:58
Thank!
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