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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 approach, for
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