Articles
Trading Strategy Based on Pivot Points Analysis for MetaTrader 4
Pivot Points (PP) analysis is one of the simplest and most effective strategies for high intraday volatility markets. It was used as early as in the precomputer times, when traders working at stocks could not use any ADP equipment, except for counting frames and arithmometers
Pivot Points Helping to Define Market Trends for MetaTrader 4
Pivot point is a line in the price chart that shows the further trend of a currency pair. If the price is above this line, it tends to grow. If the price is below this line, accordingly, it tends to fall