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Weekly Pivot Point

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 you will go for reversal or breakout.

This indicator also helps you to identify Target and StopLoss.

To minimize the risk and get rid of false signal it has smoothed heikin 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 Heikin 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 }. { ONLY FOR PIVOT }


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 Heikin Ashi.

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


Advantage of This Indicator:

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 Heikin Ashi candles }
  2. TimeFrame = To select for different timeframe Level (Daily, Weekly, Monthly).
  3. Variant = To select Heikin Ashi or Price candles.
  4. Type = To select Japanese Candle or Coloured Bar.



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Obtenga su actualización diaria del mercado con detalles y capturas de pantalla a través de nuestro Morning Briefing aquí en mql5 y en Telegram ! FX Power MT5 NG es la nueva generación de nuestro popular medidor de fuerza de divisas, FX Power. ¿Y qué ofrece este medidor de fuerza de nueva generación? Todo lo que le encantaba del FX Power original PLUS Análisis de fuerza de ORO/XAU Resultados de cálculo aún más precisos Períodos de análisis configurables individualmente Límite de cálculo persona
Legacy of Gann for MT5
Pavel Zamoshnikov
5 (5)
The indicator very accurately determines the levels of the possible end of the trend and profit fixing. The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky. Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%) Indispensable for any trading strategy – every trader needs to determine the exit point from the market! Precisely determines targets on any timeframes and any instruments (forex, met
Auto Order Block with break of structure based on ICT and Smart Money Concepts (SMC) Futures Break of Structure ( BoS )             Order block ( OB )            Higher time frame Order block / Point of Interest ( POI )    shown on current chart           Fair value Gap ( FVG ) / Imbalance   -  MTF      ( Multi Time Frame )    HH/LL/HL/LH  -  MTF      ( Multi Time Frame )  Choch  MTF      ( Multi Time Frame )  Volume Imbalance     ,  MTF          vIMB Gap’s Power of 3 Equal High
PTS - Buscador de Compras por Divergencia de Precision Trading Systems El Buscador de Divergencias de Precisión fue diseñado para encontrar los mínimos del mercado con una precisión milimétrica y lo hace con frecuencia. En el análisis técnico, la habilidad de identificar mínimos generalmente es mucho más fácil que identificar máximos, y este elemento está diseñado precisamente para esa tarea. Después de identificar una divergencia alcista, es prudente esperar a que la tendencia se vuelva al
PTS - Buscador de Compras por Divergencia de Precision Trading Systems El Buscador de Divergencias de Precisión fue diseñado para encontrar los mínimos del mercado con una precisión milimétrica y lo hace con frecuencia. En el análisis técnico, la habilidad de identificar mínimos generalmente es mucho más fácil que identificar máximos, y este elemento está diseñado precisamente para esa tarea. Después de identificar una divergencia alcista, es prudente esperar a que la tendencia se vuelva al
Bill Williams Advanced
Siarhei Vashchylka
5 (5)
Bill Williams Advanced is designed for automatic chart analysis using Bill Williams' "Profitunity" system. The indicator analyzes four timeframes at once. Manual (Be sure to read before purchasing) Advantages 1. Automatically analyzes the chart using the "Profitunity" system of Bill Williams. The found signals are placed in a table in the corner of the screen. 2. Equipped with a trend filter based on the Alligator indicator. Most of the system signals are recommended to be used only accordi
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Simple Super Trend indicator for MetaTrader 5. A trend indicator similar to moving averages. Use it for entry and exit signals. It gives accurate signals on precise time. Works as a Trailing SL/TP. This indicator can also be used on multiple timeframes where you place it on a larger timeframe then go to a lower timeframe. Super Trend needs to be used in conjunction with other indicators like rsi, Parabolic SAR, MACD, etc to receive filtered signals.
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Advanced Pivot Point
Ayush Bhati -
4.75 (4)
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 Previous day’s open, high, low, and close.
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MA Alert
Ayush Bhati -
5 (5)
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 the trade you have to do it by yourself. For more information see the screenshot.
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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 be used as an alternative for the trend definition instruments which use averaging.
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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 Based on different Timeframes like 5M , 15H , 1H and 4H.
FREE
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. Dark colors correspond to the situation when the direction of a candlestick is opposite to trend.
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Versión 5.66 2022.07.02
Added Smoothed Heiken Ashi Candles with Moving Average Alert and Floor Pivot with different Time Frames.
Versión 1.14 2022.04.23
Weekly Floor Pivot Updated Some Issues.