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Mt5 Classic PivotPoints

The Classic Pivot Points indicator is fully configurable and can be adjusted to work in different ways. If you are a manual trader and prefer a clean chart, you can configure the indicator so that it only draws pivot points for the current session. Otherwise if you are developing an expert advisor that uses pivot points, you can configure the indicator to show historical pivot points as well.

Another unique feature of this indicator is that, when calculating daily pivots, it is possible to set a custom start time for the day. Instead of calculating pivots using the usual 00:00 to 23:59 time period, you can set a custom start time for the day. For example if you choose a start time of 17:00 the indicator will calculate the pivots by regarding the bar at 17:00 as the open time of the daily session and bar at 16:59 (the next day) as the closing bar of the day.

It is also possible to choose whether to display historical pivot point values in the data window.


Indicator input parameters:

  • SetTimeFrame - sets the time frame from which the pivot points will be calculated.
  • ShowValuesInDataWindow - either set to true or false, this parameter sets whether to show the pivot values in the data window.
  • ShowMedians - (true/false) the parameter only has effect when the ShowHistoricalIndicatorValuesOnChart parameter is set to FALSE, if set to true, the median lines between the pivot, resistance and support values will be drawn.
  • UseCustomStartTime - (true/false) please note that this feature only works when SetTimeFrame is set to the daily time frame.
  • StartTime - input the custom start time in the format shown i.e, hh:mm, of course this parameter has effect only if the UseCustomStartTime value is set to true.
  • ShowHistoricalIndicatorValuesOnChart - (YES/NO) this parameter is for choosing whether to draw historical pivot values on the chart. In order to display pivots for the current session only set this value to NO.
  • pcolor - set color for pivot point.
  • scolor - set color for all support levels.
  • rcolor - set color for all resistance levels.
  • medianscolor - set color for all median values.

NB. Note that when setting the StartTime value, it must correspond with the open time of any bar on the current chart. For example, you cannot set a StartTime of 17:30 if the indicator is applied to the Hourly chart, as there is no bar that opens at that time on this chart.

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Breakout Trading and Reveral Trading Fractal Pattern Scanner will do the complicated calculation at background. However, it provides simple trading operation. The Mother Wave pattern will provide you breakout trading opportunity. When the price crosses the breakout line, there is a good chance to catch profit from this breakout. The good thing is that it also provides the potential reversal price level as soon as the breakout pattern is detected. In summary, you use breakout for the first profi
220 USD
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The center of gravity indicator is best used to confirm major turning points, and distinguish price extremes. Generally if price reaches the upper or lower levels one should expect a turn around coming soon, or at least a pull back towards the centre line if there is a strong trend. The upper and lower levels are the regions starting from the dotted lines and beyond.
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DoubleSmoothedStochasticMt5
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The double smoothed Stochastic indicator is similar to the standard Stochastic. The difference is the double smoothing. This feature of the oscillator does help to overcome some of the limitations of the standard Stochastic oscillator to a certain extent. This relates to the Stochastic Oscillator's tendency to fail when the market is trending strongly. The result is a smoother indicator that responds slower to price fluctuations, enabling its usefulness even when the market is trending. This ind
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AdaptiveBollingerBandsMt4
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AdaptiveRSiMt5
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RssReaderMt5
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SuperScalpMt4
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SuperScalpMt5
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This is a plain and simple indicator for scalping on 1-minute chart. SuperScalpMt5 uses pure price action to keep track of micro trends on M1 timeframe by uniquely analyzing highs and lows for each bar. There are no input variables to worry about. The indicator should be used only on M1 timeframe for any Forex pair. The indicator does not repaint. The blue bars signal upward movement of price and red ones warn of a downward movement. Simply buying and selling when the indicator bar changes color
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Mt5 Camarilla Pivots
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The Camarilla Pivots indicator is fully configurable and can be adjusted to work in different ways. If you are a manual trader and prefer a clean chart, you can configure the indicator so that it only draws camarilla pivot points for the current session. Otherwise if you are developing an expert advisor that uses pivot points, you can configure the indicator to show historical camarilla pivots as well. Another unique feature of this indicator is that, when calculating daily camarilla pivots, it
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Reply to review
Version 1.5 2020.07.17
Added input parameter LookBack which controls the number of bars the indicator will be displayed on. The default value is 500 bars. If zero or a negative number is input then the indicator will default to 500 or a more appropriate number if the chart has less than 500 bars. The introduction of this parameter also helps to speed up initialization of the indicator.

Also addressed in this update is the correction of a bug relating to indicator display after restarting the terminal with the indicator already loaded.
Version 1.3 2017.08.31
The indicator will not delete other horizontal objects when it is removed from the chart.
Version 1.1 2015.06.05
Bug fix.