Automatic Pivots
- Индикаторы
- Humphrey Kebaya Mwamba
- Версия: 1.0
Automatically calculates and displays the pivot point line and support and resistance levels. Pivot can be calculated according to the Classic, Floor, Fibonacci, Woodie, Camarilla or DeMark formula. It is also possible to select the period for calculating the indicator. A trader can choose from daily, weekly, monthly, or user-defined periods.
Range-bound traders use pivot points to identify reversal points. They see pivot points as areas where they can place their buy or sell orders.