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FloorPivot with SMHA

If you don't have time to analysis the chart then check out my above trading SIGNAL.


This indicator is used to identify key levels where the trend in price has a greater probability of halting and possibly changing direction. Interpretation of the degree of significance of a level depends on a trader's time frame.

It is great to see how the prices respect each level of this support and resistance. This Indicator works for me very well. If you have good knowledge of Price Action then you can make profitable trades with this indicator. If candle take support or resistance on any of these levels or make Hammer or Doji type candles it will get reversal from that price.

This indicator also helps you to identify TakeProfit and StopLoss.

To minimize the risk and get rid of false signal it has smoothed heiken ashi indicator.

If you are a manual trader, prefer a clean chart and use Support & Resistance to trade then this indicator suits you well.

Note : If you use Smoothed Heiken Ashi Candle {HA = true} then use Line Chart otherwise candle will overlap.

Note : It will work on different TimeFrames. For different intervals change its timeframe{ Daily, Weekly, Monthly, H1, H4 }.


Key Features :-

A key concept of technical analysis is that when a resistance or support level is broken, its role is reversed. If the price rises above a resistance level, it will often become support.

Horizontal support and resistance levels are the most basic type of these levels. They're simply identified by a horizontal line .

This indicator creates up to 7 levels of support and resistance through weekly price:

Green Level in the chart, is a Support Level.

Red Level in the chart, is a Resistance Level.

And the Purple Level in the chart, is a Central Pivot Level.


For confirm signal enable HeikenAshi.

You will also use other custom indicator for better conformation like MA, if HA crossover MA then you make trade.


Advantage of FloorPivot with SMHA {smoothed heiken ashi}:

Working with all pairs ( Forex, Crypto, Indices, and Commodities )

Working with all timeframes.

Recommended Interval : H3, H4, H6, H8, H12  on Weekly TimeFrame.

For Daily : M1 to H1

For Monthly : H4 to W1

For H1 and H4 : Minute candle useful.


Indicator input parameters :

  1. HA = true { To enable or disable Heiken Ashi candles }
  2. TimeFrame = To select for different timeframe Level (Daily, Weekly, Monthly).
  3. Variant = To select HeikenAshi or Price candles.
  4. Type = To select Japanese Candle or Coloured Bar


These Levels are now only on weekly basis. In next update comes with Daily and Monthly Levels.


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Try   My Signal   =   https://www.mql5.com/en/signals/2093706?source=Site+Signals+My If you don't have time to analysis the chart then check out my above trading   SIGNAL . Moving Average Crossover with Alert is a   indicator   that can show buy and sell arrow types of alerts supported by the platform based on the crossover of two moving averages according to the parameters given by the trader. You can change inputs by yourself.  This indicator only show the arrows to buy or sell to execute t
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Try   My Signal   = https://www.mql5.com/en/signals/2093706?source=Site+Signals+My If you don't have time to analysis the chart then check out my above trading SIGNAL . This Advanced Pivots Point is a   MT5 Indicator and the essence of this technical indicator is to transform the accumulated history data. Pivot Point Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. Pivot Points Fibonacci retracements Pre
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Try   My Signal   =   https://www.mql5.com/en/signals/2093706?source=Site+Signals+My If you don't have time to analysis the chart then check out my above trading   SIGNAL . A new box will be added, if the closing price is higher than the maximum (lower than the minimum) of the current box series no less than for the specified value. Reversal will be made, if the closing price is higher (lower) than the last box on a value no less than the specified. T his is a trend indicator and it can b
FREE
Try   My Signal   =   https://www.mql5.com/en/signals/2093706?source=Site+Signals+My If you don't have time to analysis the chart then check out my above trading   SIGNAL . Trade Sentiment or trade assistant is a MT5 Indicatior. That show buy or sell signal of different indicator to assist to take trades. That will help you to take right trades or to get confirmation for your trade. You don't need to have this indicators. Including indicators like  RSI , STOCH , CCI. And the signals are Bas
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Try   My Signal   =   https://www.mql5.com/en/signals/2093706?source=Site+Signals+My If you don't have time to analysis the chart then check out my above trading   SIGNAL . Color Candle Indicator. The indicator implements a breakout system using the channel. When price exits the gray channel, the candlestick color changes to the color corresponding to trend direction. Blue for growth, yellow color for fall. Bright colors denote coincidence of trend direction and direction of a candlestick.
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Try   My Signal   =   https://www.mql5.com/en/signals/2093706?source=Site+Signals+My If you don't have time to analysis the chart then check out my above trading   SIGNAL . This indicator is used to identify key levels where the trend in price has a greater probability of halting and possibly changing direction. Interpretation of the degree of significance of a level depends on a trader's time frame. It is great to see how the prices respect each level of this support and resistance. This Ind
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Version 5.66 2022.05.17
Added Moving Average Crossover Alert
Version 4.36 2022.04.29
Added H1 and H4 timeframe, Useful for scalping { Recommend Interval M1 and M5 }
Version 3.34 2022.04.28
Updated Time Frame,

Daily,
Weekly,
Monthly
Version 2.34 2022.04.26
Add Bool Value to hide or unhide Heiken Ashi.