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Trading and investing is one of my hobbies. Since 2019 I have also been using MetaTrader5 and have programmed various indicators and EA's for this purpose.
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Pivot points are calculated based on the previous day's values - according to the most common formulas on the web - and serve as an important tool for many traders, especially in day trading. They indicate possible resistance and support where increased buyer and seller interest can be expected. This Pivot-Points-Trailing-Stop-Helper includes my Pivot Points Collection indicator and, based on your settings, gradually moves the SL to the corresponding pivot levels as soon as the current price
This Pivot Points Indicator can be switched between the following well-known types: Standard/Classic (7 levels) Woodie (5 levels) Fibonacci (7 levels) DeMark (3 levels) Pivot Points are calculated based on the previous day's values - according to the most common formulas on the web - and serve as an important tool for many traders, especially in day trading. They indicate possible resistance and support where increased buyer and seller interest can be expected. A common trading