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Pivot Trading

Pivot Points are a type of support and resistance levels that are used by many intraday and short term traders. When trading pivot points, many of the same rules are in force as with other types of support and resistance trading techniques.

Many traders keep a watchful eye on daily pivot points, as they are considered to be key levels at the intraday timeframe.

Forex pivot points are calculated horizontal price levels on the chart. These levels show potential areas where the price can reverse, especially during the first touch of these levels. Many Forex traders make their intraday trading decisions based on daily pivot levels, and as such it is important for intraday traders to watch price action at these levels closely.


Parameters

  • LIMIT - maximum bars
  • ALERT/SOUND - enable alerts


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フィルタ:
satya prakash gupta
698
satya prakash gupta 2020.08.14 03:46   

include up and down

バージョン 1.2 2020.08.19
Added new parameters
バージョン 1.1 2020.08.15
Added new parameters