MP Demark Pivot Levels

4
This indicator is stand alone version from MP Pivot Levels (All in one) containing Demark's Pivots.

    Calculations:

        PP = X / 4

        R1 = X / 2 - LOWprev

        S1 = X / 2 - HIGHprev

    Uses:

    • When the pair currency price may change the direction of movement.
    • Possible constraints of support and resistance that creates plateaus for the currency pair prices.
    • Tendency identification by comparing the present prices according to current day's pivot point and also the prior day's pivot points.

    ___________________________________________________________________________________

    Disclaimer:
    Do NOT trade or invest based upon the analysis presented on this channel. Always do your own research and due diligence before investing or trading. I’ll never tell you what to do with your capital, trades or investments. I’ll also never recommend for you to buy, sell, long or short any asset, commodity, security, derivative or cryptocurrency related instrument as it's extremely HIGH RISK! You should always consult with a professional/licensed financial adviser before trading or investing in any type of assets.

    Avis 2
    Rich8989
    788
    Rich8989 2024.06.03 13:56 
     

    Good Indicator. Thanks for sharing. Give it a try

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    Pierre Ksachikian
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    Pierre Ksachikian
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    Pierre Ksachikian
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    Pierre Ksachikian
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    Pierre Ksachikian
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    The MP Screener is a powerful and user-friendly tool designed for traders who need to filter and analyze multiple symbols based on various technical criteria. Whether you are a scalper, day trader, or swing trader, this screener helps you quickly identify the best trading opportunities in the market by scanning multiple timeframes and indicators in real time. With the MP Screener, traders can streamline their market analysis, making it easier to focus on profitable setups while saving time. Unl
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    Rich8989
    788
    Rich8989 2024.06.03 13:56 
     

    Good Indicator. Thanks for sharing. Give it a try

    Pierre Ksachikian
    26871
    Réponse du développeur Pierre Ksachikian 2024.06.03 22:39
    Thanks for the review.
    [Supprimé] 2023.08.12 07:08 
     

    L'utilisateur n'a laissé aucun commentaire sur la note

    Pierre Ksachikian
    26871
    Réponse du développeur Pierre Ksachikian 2023.08.12 11:36
    Good day, Thank you for your Review and comment. We will try to update that as well. Thanks again for the feedback.
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