Pivot Lines

5

Description

Pivot Lines is a universal color multicurrency/multisymbol indicator of the Pivot Points levels systems. You can select one of its three versions: Standard Old, Standard New and Fibo. It plots pivot levels for financial instruments in both windows simultaneously.

The system will automatically calculate the Pivot Point on the basis of market data for the previous day (PERIOD_D1) or week (PERIOD_W1) and the system of support and resistance levels, three in each. It can also display price tags for each level.

You can color the indicator lines.

The only difference between Standard New and Standard Old version is the method of calculation of the third level of support (S3) and resistance (R3).


Inputs

  1. Currency_Name - the name of the financial instrument.
  2. Calc_Method - the Pivot Points calculation method:
    • Standard Old.
    • Standard New.
    • Fibonacci.
  3. Calc_Period - the Pivot Points calculation method:
    • Daily.
    • Weekly.
  4. Style - style of the line:
    • solid line (by default).
    • dashed line.
    • dotted line.
    • dashed and dotted line.
    • dashed and double dotted line.
  5. Width - width of the line (allowable values - 1, 2, 3, 4 and 5).
  6. Symbol_Right_Price - permission to display price tags.
  7. Bars_Number - the number of bars to be displayed in a separate window.
  8. Bars_Flag - a flag to allow display of the number of bars specified in the Bars_Number parameter:
    1. true - according to Bars_Number.
    2. false - maximum available bars in the history.
  9. Bulls_Color - the color of the bullish candlestick.
  10. Bears_Color - the color of the bearish candlestick.
  11. Bid_Line_Color - color of the Bid line.


Purpose

The indicator can be used for manual or automated trading in an Expert Advisor. Values of indicator buffers of the double type can be used for automated trading:

  1. Main Window:
    • Pivot Point - buffer 0.
    • Support level 1 - buffer 1.
    • Support level 2 - buffer 2.
    • Support level 3 - buffer 3.
    • Resistance level 1 - buffer 4.
    • Resistance level 2 - buffer 5.
    • Resistance level 3 - buffer 6.
  2. Separate Window:
    • Pivot Point - buffer 8.
    • Support level 1 - buffer 9.
    • Support level 2 - buffer 10.
    • Support level 3 - buffer 11.
    • Resistance level 1 - buffer 12.
    • Resistance level 2 - buffer 13.
    • Resistance level 3 - buffer 14.

Depending on the timeframe of the chart, on which the indicator is used, values of the indicator buffers towards the depth of the history should be requested with a shift relative to the zero bar and the same step on the following principle:

  1. Calc_Period - Daily:
    • PERIOD_M1: the shift and the step = 1 440.
    • PERIOD_M5: the shift and the step = 288.
    • PERIOD_M15: the shift and the step = 96.
    • PERIOD_M30: the shift and the step = 48.
    • PERIOD_H1: the shift and the step = 24.
    • PERIOD_H4: the shift and the step = 6.
    • PERIOD_D1: the shift and the step = 1.
  2. Calc_Period - Weekly:
    • PERIOD_M1: the shift and the step = 7 200.
    • PERIOD_M5: the shift and the step = 1 440.
    • PERIOD_M15: the shift and the step = 480.
    • PERIOD_M30: the shift and the step = 240.
    • PERIOD_H1: the shift and the step = 120.
    • PERIOD_H4: the shift and the step = 30.
    • PERIOD_D1: the shift and the step = 5.
    • PERIOD_W1: the shift and the step = 1.


Limitations

Chart for each financial instrument cannot be displayed in a separate window more than twice. Otherwise, you receive an error message related to its re-use and will be offered to select another financial instrument.


Recommendations

It is recommended to use the indicator with Bars_Number parameter not exceeding the number of bars that can be shown in one window (about 250 bars).


Notes

In case of loss of connection with the trading server, when connection is restored and data is downloaded, the chart will be redrawn from the beginning to the number of bars specified by Bars_Number and Bars_Flag.

Avis 1
pnutfx503
1531
pnutfx503 2017.04.27 07:36 
 

Great service everyone shoud be using pivots

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Le MT4 to Telegram Signal Provider est un outil facile à utiliser et entièrement personnalisable qui permet d'envoyer des signaux à Telegram, transformant ainsi votre compte en fournisseur de signaux. Le format des messages est entièrement personnalisable ! Cependant, pour une utilisation simple, vous pouvez également opter pour un modèle prédéfini et activer ou désactiver des parties spécifiques du message. [ Démonstration ]   [ Manuel ] [ Version MT5 ] [ Version Discord ] [ Canal Telegram ]  N
RT Manual Backtester
Mr Thanya Kanapornpong
Enhance Your Manual Backtesting Experience in MT4 Strategy Tester with Our Powerful Trading Panel >> The demo version allows a maximum of 5 orders and is limited to testing on EURUSD the M1 timeframe only. << Transform the way you practice and test your trading strategies in the MT4 Strategy Tester. The RT_ManualBacktester enables you to execute trades and manage your orders more effectively, providing a seamless manual backtesting experience. With RT_ManualBacktester , you can: - Execut
Offre spéciale trading – 40 % de réduction Gestionnaire de transactions avancé – La solution tout-en-un par excellence pour un trading manuel plus rapide, plus intelligent et plus sûr. Transformez votre trading manuel avec NextGen Trade Manager AI – le panneau professionnel intégré au graphique qui combine exécution instantanée, planification visuelle des transactions et gestion des risques performante dans un outil intuitif. Exécutez vos ordres, gérez les risques et protégez vos profits plus
Seconds Chart - un outil unique pour créer des graphiques en secondes dans MetaTrader 4 . Grâce à Seconds Chart , vous pouvez créer un graphique avec une période définie en secondes, offrant une flexibilité et une précision idéales pour l'analyse, indisponibles sur les graphiques standards en minutes ou en heures. Par exemple, la période S15 indique un graphique avec des bougies d'une durée de 15 secondes. Vous pouvez utiliser n'importe quel indicateur, expert advisor (EA) ou script. Leur utilis
Le MT4 to Discord Signal Provider est un outil convivial et entièrement personnalisable conçu pour envoyer directement des signaux de trading à Discord. Cet outil transforme votre compte de trading en un fournisseur de signaux efficace. Personnalisez les formats de messages pour qu'ils correspondent à votre style ! Pour plus de facilité, choisissez parmi des modèles pré-conçus et décidez quels éléments du message inclure ou exclure. [ Démo ] [ Manuel ] [ Version MT5 ] [ Version Telegram ]  New:
CloseIfProfitorLoss with Trailing
Vladislav Andruschenko
4.87 (31)
Clôture des positions dans MetaTrader 4 après avoir atteint le bénéfice/perte total avec la fonction de suivi des bénéfices. Vous pouvez activer les arrêts virtuels (ordre séparé) . Calcul et clôture des positions ACHAT et VENTE séparément (ACHAT VENTE séparé) . Fermeture et calcul de tous les symboles ou du symbole courant uniquement (Tous les symboles) . Activer le suivi pour le profit ( Trailing Profit ). Clôture sur le total des profits et pertes en devise de dépôt, en points, ou en % du so
Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
MT4 Professional Copy Trading System (Édition MT4) Copieur de trades LOCAL ultra-rapide, niveau industriel, pour pros, fournisseurs de signaux et multi-comptes. Architecture LOCAL industrielle Fonctionne dans le même environnement Windows (même PC / même VPS Windows). Faible latence, haute stabilité, 24/7. Master / Slave / Self + Cross Copy (MT4 ↔ MT5) Modes Master/Slave/Self-Copier. MT4→MT4, MT4→MT5, MT5→MT4, MT5→MT5. Important : le cross-copy MT4↔MT5 nécessite les deux versions (MT4 & MT5)
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The indicator detects the following types of Japanese candlesticks: Doji, Hammer and/or Hanging Man, Shooting Star and/or Inverted Hammer, Spinning Top, Maribozu. The indicator is intended for manual and/or automated trading within an Expert Advisor. There is a possibility to choose colors for bullish and bearish candlesticks. For automated trading, use any indicator buffer of the double type: 0, 1, 2 or 3, whose value is not zero!
The indicator is intended for detecting big (long) and/or small (short) candlesticks. There is possibility of coloring the bullish and bearish candlesticks. The indicator can be used for manual and/or automated trading within an Expert Advisor. The indicator data that can be used for automated trading can be taken from one of four buffers of the double type: 0, 1, 2 or 3. Values must not be equal to zero. 
The indicator of DeMark fractals. The indicator can be drawn on the basis of price data and on the basis of a moving average. There is a possibility to color the up and down fractals. The indicator can be used for manual and for automated trading within an Expert Advisor. For automated trading, use any indicator buffer of the double type: 0 - up fractals, 1 - down fractals! Values of the buffers must not be equal to zero.  A moving average is drawn on the basis of input parameters: Calc_Method 
Stochastic Global
Igor Semyonov
4 (1)
Description A universal colored indicator Stochastic. The rising and falling lines and the levels of the indicator can be colored.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following nineteen other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. AC - indicator of acceleration. AO
Description A universal colored indicator MACD Histo. The rising and falling of the indicator histogram can be colored.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following twelve other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. Force - Force Index indicator. MFI - Money Flow
Description A colored universal indicator MACD Line (MA convergence-divergence indicator, shown as a histogram). The rising and falling of the indicator histogram can be colored. The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following twelve other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume i
Description A universal indicator RSI together with moving averages based on it. Depending on the need, moving averages can be disabled. You can color the indicator lines and levels: lines of RSI, moving average lines and thresholds of overbought and oversold levels.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following eighteen other indicators included in the standard package of the MT4 terminal: AD - an indicator of accu
CCI Global
Igor Semyonov
5 (1)
Description A universal indicator CCI together with moving averages based on it. Depending on the need, moving averages can be disabled. You can color the indicator lines and levels: lines of CCI, moving average lines and thresholds of overbought and oversold levels.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following eighteen other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicato
Description A multi-purpose multi-colored/multi-symbol indicator, which is a set of standard tools from the MetaTrader 4 terminal. The difference is that below the basic price chart it allows to calculate and build in a separate window any of the twenty indicators in a colored form, painting bulls and bears in different colors, for any financial instrument in accordance with the list below:  AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Force - Force Inde
AO Global
Igor Semyonov
Description A colored universal indicator AO (Awesome Oscillator). The rising and falling of the indicator histogram can be colored.   The indicator can be calculated as the standard one or as a derivative on the basis of the following eleven other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. Force - Force Index indicator. MFI - Money Flow Index. ATR
Description A colored universal indicator MACD Classic (MA convergence-divergence indicator) that combines two indicators: MACD Line and MACD Histo. The rising and falling lines, the signal line and the indicator histogram can be colored. The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following twelve other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distributio
Description The universal colored multicurrency/multisymbol indicator MACD Classic, consisting of two MACD indicators: MACD Line and MACD Histo. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist). Inputs Currency_Nam
Description A colored universal indicator/oscillator based on crossing moving averages. The rising and falling lines of the indicator histogram can be colored. The combined use of the line and the histogram increases the level of the analysis when making a decision to open or close deals. The indicator can be calculated as the standard Price Oscillator or as a derivative on the basis of the following eleven other indicators included in the standard package of the MetaTrader 4 terminal: AD - an i
Description A universal colored multicurrency/multi-symbol indicator RAVI. Was proposed by T. Chand as a trend indicator. RAVI means Range Action Verification Index. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist).
Description A colored multicurrency/multisymbol oscillator of the market mood. The oscillator is designed for detecting the continuation or change of the market mood prior to its occurrence. An excellent example is the screenshots that show all the features of the oscillator. The oscillator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a fin
Description The indicator determines the appearance of internal bars on the chart, and paints them in accordance with the bullish and/or bearish mood. The indicator can notify of the appearance of a formed internal bar by playing a beep, as well as display the time remaining until the end of the formation of the current bar in the format of <d:h:m:s, where: < means the current bar. d - days. h - hours. m - minutes. s - seconds. The bullish and bearish mood can be colored. Inputs Sound_Play - a
Description The indicator determines the appearance of the bars that signal of a reversal of current local moods and plays a beep. It also paints these bars in accordance with the bullish and/or bearish priority. You can select the color for bullish and bearish moods. Inputs Sound_Play - a flag that allows the sound notification. Use Detection of the reversal bar can be a signal to perform appropriate trading activities.  The indicator can be used for manual or automated trading in an Expert A
Description The indicator determines the appearance of bars that notify of the reversal of the current trend, and paints them in accordance with the bullish and/or bearish mood. The indicator can notify of the appearance of a formed reversal bar by playing a beep, as well as display the time remaining until the end of the formation of the current bar in the format of <d:h:m:s, where: < means the current bar. d - days. h - hours. m - minutes. s - seconds. You can select the color for bullish and
Description A universal colored multicurrency/multi-symbol indicator of moving averages: Moving Average, Double Moving Average, Triple Moving Average . The indicator is drawn in a separate window, so below the main trading chart a user can see the development of another financial instrument. It is very useful when considering the combined values of various moving averages for different financial instruments below the main trading chart.  The indicator may be used with any broker, irrespective of
Description A universal colored indicator of moving averages: Moving Average, Double Moving Average, Triple Moving Average . The indicator provides various opportunities for the analysis of prices based on different ways of constructing moving averages in the window of the main financial instrument. You can color bullish and bearish moods. Inputs MA_Type - type of multiplicity: Moving Average. Double Moving Average. Triple Moving Average. MA_Period - the MA period. MA_Method - the averaging met
Description A colored universal multicurrency/multi-symbol indicator Bollinger Bands to be drawn in a separate window below the main financial instrument. The rising and falling line of the main indicator and Bollinger Bands can be colored. The indicator can be calculated based on one of the eleven basic indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Force - Force Index indicator. MF
Description A colored universal multicurrency/multi-symbol indicator Channel to be drawn in a separate window below the main financial instrument. The indicator uses the calculation method of the Price Channel indicator. The rising and falling line of the main indicator and the Channel lines can be colored. The indicator can be calculated based on one of the eleven basic indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution o
Keltner Channel
Igor Semyonov
5 (1)
Description Keltner's colored channel indicator,also called STARC band, drawn in the main chart window. The indicator uses the calculation technique of the three drawing options: basic, improved and modified . The first two were proposed by Keltner, the third one - by a successful trader L. Rakshe. You can also search for your own best parameters of the indicator. The upper, middle and lower bands can be colored. The indicator includes the basic analytical tool of the market moods by Keltner. Th
Description A colored universal multicurrency/multi-symbol indicator ZigZag to be drawn in a separate window below the main financial instrument. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist).  The indicator can
Description A colored channel indicator Price Channel to be drawn on the main chart of a financial symbol. It can color bullish and bearish moods based on the middle line of the indicator, as well as change the color of the upper and lower lines of the channel. Purpose The indicator can be used for manual or automated trading in an Expert Advisor. Values of indicator buffer of the double type can be used for automated trading:  The middle line of the indicator - buffer 4. The upper line of the
Description Candlesticks is a colored multicurrency/multy-symbol indicator. It shows a financial instrument as a candlestick chart in a separate window below the chart of the main financial symbo. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrume
Description Candlestick Tools  is a colored multicurrency/multy-symbol indicator. It shows one of four standard indicators as a candlestick chart in a separate window below the chart of the main financial symbol. The indicator is calculated based on one of two indicators included in the standard package of the МetaТrader 4 terminal: CCI - Commodity Channel Index. RSI - Relative Strength Index. The default indicator is Commodity Channel Index. The indicator may be used with any broker, irrespecti
Pivot Pro
Igor Semyonov
Description Pivot Pro  is a universal color indicator of the  Pivot Points  levels systems. You can select one of its three versions:  Standard   Old , Standard New  and  Fibo . The system will automatically calculate the  Pivot Point  on the basis of market data for the previous day ( PERIOD_D1 ) and the system of support and resistance levels, three in each. It can also display price tags for each level. You can color the indicator lines. Only a method of calculation of the third level of supp
Description The indicator is intended for labeling the chart using horizontal levels and/or half-round prices. The indicator works on any financial instrument regardless of the name and the number of digits. A user can choose colors for the indicator lines. Input Parameters Calc_Method - method of calculation of the lines: levels of round prices. levels of half-round prices. Digits_Accepted - flag for calculating the levels according to number of decimal places in the quotes of a financial inst
Description A colored universal multicurrency/multi-symbol indicator MACD Line Smart (the indicator moving average convergence divergence is displayed as a histogram) based on double or triple moving average .  Comparing to the standard MACD this indicator is more sensitive to what allows generating advance signals. he indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a
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pnutfx503
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pnutfx503 2017.04.27 07:36 
 

Great service everyone shoud be using pivots

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