Advanced Multi Formula Pivot Points Indicator

Advanced Multi-Formula Pivot Points

Master the Markets with Precision Support and Resistance Levels.

Take your technical analysis to the next level with the Advanced Multi-Formula Pivot Points indicator. Unlike standard pivot tools, this professional-grade indicator offers a robust suite of mathematical models, including a unique Hybrid Formula that blends multiple calculation methods for unmatched market confluence.

Whether you are a scalper looking for intraday reversals or a swing trader tracking monthly ranges, this tool provides clear and actionable levels to ensure you never miss a breakout.

KEY FEATURES

  • Multiple Calculation Methods: Choose between Standard (Classic), Fibonacci, Camarilla, Woodie, and DeMark pivots.
  • Exclusive Hybrid Mode: Create a custom weighted average of Standard, Fibonacci, and Camarilla levels to find "true" market confluence.
  • Multi-Timeframe Flexibility: Calculate and display Daily, Weekly, or Monthly pivots on any chart timeframe.
  • Historical Analysis: View up to 10 past periods (customizable) to identify recurring historical price reactions.
  • Custom Multipliers: Total control over level spacing. Tighten or widen R1-R4 and S1-S4 levels using decimal multipliers (e.g., 1.2 for 20% wider levels).

HOW TO USE THE HYBRID FORMULA

The Hybrid Formula is a powerful tool for finding high-probability zones. By default, it is set to:

  • Standard Weight: 40%
  • Fibonacci Weight: 30%
  • Camarilla Weight: 30%

This creates a "Confluence Line" that represents the average of the three most popular trading formulas, often acting as a magnet for price action.

INPUT PARAMETERS

Pivot Settings

  • Timeframe for Pivot Calculation: Select Daily, Weekly, or Monthly.
  • Pivot Calculation Formula: Choose your preferred mathematical model (Standard, Fibonacci, Camarilla, Woodie, DeMark, or Hybrid).
  • Number of Past Periods to Show: Control how many historical pivot sets are drawn on the chart.

Hybrid Formula Settings

  • Standard/Fibonacci/Camarilla Weights: Define the influence of each formula when using the Hybrid mode (Total should ideally equal 1.0).

Custom Multipliers

  • R1-R4 / S1-S4 Multipliers: Default is 1.0. Increase (e.g., 1.5) to extend levels or decrease (e.g., 0.5) to tighten them relative to the main pivot.

Visual Settings

  • Display Settings: Fully customizable colors for Pivot, Support, and Resistance lines.
  • Show Level Labels/Prices: Toggle the visibility of text labels and price tags next to lines.

ABOUT THE DEVELOPER

RAYLURKS FX specializes in high-performance trading tools designed for the modern MQL5 environment. For support, setup guides, feature requests, troubleshooting, or to explore my other trading utilities please visit my profile and send me a direct message—I am happy to assist you in optimizing your trading setup : RAYLURKS FX MQL5 Profile

 

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A tool for on-chart strategy backtesting and performance analysis. A utility for developing, debugging, and testing custom trading ideas and indicator functions. An indicator designed to quickly test trading concepts and visualize the effectiveness of different input parameters. An all-in-one sandbox for testing everything from simple crossovers to complex, multi-condition trading systems.
AlgoEAs Trend Dashboard V1 Indicator for MT5 Introduction: This is a Dashboard Indicator based on 7 built in Multi Timeframe indicators. This strategy gives Buy/Sell Ideas based on 9 trend states. Easy to view gas guage to view current trend. Has as optional Alerts to enable with 9 messages. Run on M15 chart, with M15, H1, and H4 indicator time frames. Great tool! Features: Non-Repainting Dashboard For Desktop MT5 Only, Works On Any Mt5 Pair Great for Intraday and Swing Trading Easy view gas
WanaScalper
Isaac Wanasolo
1 (1)
A scalping indicator based on mathematical patterns, which on average gives signals with relatively small SL, and also occasionally helps to catch big moves in the markets (more information in the video) This indicator has three main types of notifications: The first type warns of a possible/upcoming signal on the next bar The second type indicates the presence of a ready signal to enter the market/open a position The third type is for SL and TP levels - you will be notified every time price re
The Expert Advisor and the video are attached in the Discussion tab . The robot applies only one order and strictly follows the signals to evaluate the indicator efficiency. Pan PrizMA CD Phase is an option based on the Pan PrizMA indicator. Details (in Russian). Averaging by a quadric-quartic polynomial increases the smoothness of lines, adds momentum and rhythm. Extrapolation by the sinusoid function near a constant allows adjusting the delay or lead of signals. The value of the phase - wave s
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