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Mt5 Classic PivotPoints

The Classic Pivot Points indicator is fully configurable and can be adjusted to work in different ways. If you are a manual trader and prefer a clean chart, you can configure the indicator so that it only draws pivot points for the current session. Otherwise if you are developing an expert advisor that uses pivot points, you can configure the indicator to show historical pivot points as well.

Another unique feature of this indicator is that, when calculating daily pivots, it is possible to set a custom start time for the day. Instead of calculating pivots using the usual 00:00 to 23:59 time period, you can set a custom start time for the day. For example if you choose a start time of 17:00 the indicator will calculate the pivots by regarding the bar at 17:00 as the open time of the daily session and bar at 16:59 (the next day) as the closing bar of the day.

It is also possible to choose whether to display historical pivot point values in the data window.


Indicator input parameters:

  • SetTimeFrame - sets the time frame from which the pivot points will be calculated.
  • ShowValuesInDataWindow - either set to true or false, this parameter sets whether to show the pivot values in the data window.
  • ShowMedians - (true/false) the parameter only has effect when the ShowHistoricalIndicatorValuesOnChart parameter is set to FALSE, if set to true, the median lines between the pivot, resistance and support values will be drawn.
  • UseCustomStartTime - (true/false) please note that this feature only works when SetTimeFrame is set to the daily time frame.
  • StartTime - input the custom start time in the format shown i.e, hh:mm, of course this parameter has effect only if the UseCustomStartTime value is set to true.
  • ShowHistoricalIndicatorValuesOnChart - (YES/NO) this parameter is for choosing whether to draw historical pivot values on the chart. In order to display pivots for the current session only set this value to NO.
  • pcolor - set color for pivot point.
  • scolor - set color for all support levels.
  • rcolor - set color for all resistance levels.
  • medianscolor - set color for all median values.

NB. Note that when setting the StartTime value, it must correspond with the open time of any bar on the current chart. For example, you cannot set a StartTime of 17:30 if the indicator is applied to the Hourly chart, as there is no bar that opens at that time on this chart.

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Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boost your technical analysis Customizable timeframe selection Read pri
Royal Scalping Indicator M5
Vahidreza Heidar Gholami
5 (8)
My products are currently 50% off. Explore them and build your own strategy. Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price A
MetaBands M5
Vahidreza Heidar Gholami
4.67 (3)
MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith
Weis Wave with Alert MT5
Trade The Volume Waves Single Member P.C.
4.93 (15)
Rental/Lifetime Package Options and Privileges  * For optimum results the yearly or lifetime package is suggested due to live training ! Rent Monthly Six Months   Yearly/Lifetime Weis Wave with Speed with Alert+Speed Index x x x Manual  x x x Quick Set up Video x x x Blog x x x Lifetime Updates x x x Setup and Training Material x x Free Rectangle Break Alert Tool      x Discord Access Channel "The SI traders" x 2-hour live methodology training x How to trade with it:    http://
The Price Action Finder Multi indicator is an indicator of entry points that searches for and displays Price Action system patterns on dozens of trading instruments and on all standard time frames: (m1, m5, m15, m30, H1, H4, D1, Wk, Mn). The indicator places the found patterns in a table at the bottom of the screen. By clicking on the pattern names in the table, you can move to the chart where this pattern is located. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Pa
Yeni Başlayanlar veya Uzman Tüccarlar için En İyi Çözüm! Bu gösterge benzersiz, yüksek kaliteli ve uygun fiyatlı bir ticaret aracıdır çünkü bir dizi tescilli özellik ve gizli bir formül ekledik. Yalnızca BİR grafikle 28 döviz çiftinin tümü için Uyarılar verir. Yeni bir trendin veya scalping fırsatının tam tetik noktasını belirleyebildiğiniz için ticaretinizin nasıl gelişeceğini hayal edin! Yeni temel algoritmalar üzerine inşa edilen bu sistem, potansiyel işlemlerin belirlenmesini ve onaylan
This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It detects 19 different harmonic price formations It plots primary, derived and complementary Fibonacci p
The indicator is designed to close positions on the market in time. For example: to take profits ahead of schedule if the price has not reached TakeProfit, and the market is turning around. The indicator analyzes the momentum, not the trend. He does not give any information about the trend. The indicator is well suited for finding divergence. The Ershov 38 Parrots indicator dynamically adjusts to the market and detects price movement impulses of medium and high amplitude. It almost does not rea
Multi-currency, multi-timeframe, harmonic pattern indicator AB = CD. Supports sending push notifications about signals to a mobile device, messages on e-mail, as well as messages using alerts on all available currency pairs and timeframes. This indicator was based on the indicator Harmonic ABCD Universal. Version for MetaTrader 5:  https://www.mql5.com/en/market/product/44972 . See also: Harmonic ABCD Universal for MetaTrader 4 . Using modern software development methods has made the indicator a
Golden Spikes Detector
Batsirayi L Marango
5 (1)
Golden Spikes Detector This indicator is based on an advanced strategy primarily for trading spikes on Boom and Crash Indices. Complex algorithms were implemented to detect high probability entries only. It alerts on potential Buy and Sell entries. To trade spikes on the Deriv or Binary broker, only take Buy Boom and Sell Cash alerts. It was optimised to be loaded on 5-minute timeframe although multiple timeframe analysis is done in the background. Features ·             Desktop pop up and sound
Yazarın diğer ürünleri
Curver Arrows
Francis Dube
4 (9)
This indicator is a straight port of a well known MetaTrader 4 indicator that is freely available on the Internet. It does not redraw at all. It implements a type of breakout strategy. The arrows indicate market direction. Use the indicator on M15 charts and higher. The indicator draws two bands near price action and generates signals when the price closes below the lower band and also above the upper band. The indicator uses periodic highs and lows to calculate upper and lower threshold bands.
FREE
Bollinger Bands Technical Indicator (BB) is similar to envelopes. The only difference is that the bands of Envelopes are plotted a fixed distance (%) away from the moving average, while the Bollinger Bands are plotted a certain number of standard deviations away from it. Standard deviation is a measure of volatility, therefore Bollinger Bands adjust themselves to the market conditions. When the markets become more volatile, the bands widen and they contract during less volatile periods. This ada
FREE
AdaptiveRSiMt5
Francis Dube
3.67 (3)
The Relative strength index is an oscillator that follows price, it was introduced by Welles Wilder, who went on to recommend the 14 period RSI. This adaptive version is based on the indicator described by John Ehlers, in the book 'Rocket Science for Traders'. The indicator uses the homodyne descriminator to compute the dominant cycle. To apply the homodyne descriminator, real and imaginary parts have to be calculated from the Inphase and Quadrature components. (Inphase and Quadrature components
FREE
AdaptiveCCiMt5
Francis Dube
4 (4)
The Commodity Channel Index computes the deviation of the typical price of each bar from the average price over a particular time period. Multiplying the median deviation by 0.015 facilitates normalization, which makes all deviations below the first standard deviation less than  -100, and all deviations above the first standard deviation more than 100. This adaptive version is based on the indicator described by John Ehlers, in the book Rocket Science for traders. The indicator uses the homodyne
FREE
The Camarilla Pivots indicator is fully configurable and can be adjusted to work in different ways. If you are a manual trader and prefer a clean chart, you can configure the indicator so that it only draws camarilla pivot points for the current session. Otherwise if you are developing an expert advisor that uses pivot points, you can configure the indicator to show historical camarilla pivots as well. Another unique feature of this indicator is that, when calculating daily camarilla pivots, it
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İncelemeye yanıt
Sürüm 1.5 2020.07.17
Added input parameter LookBack which controls the number of bars the indicator will be displayed on. The default value is 500 bars. If zero or a negative number is input then the indicator will default to 500 or a more appropriate number if the chart has less than 500 bars. The introduction of this parameter also helps to speed up initialization of the indicator.

Also addressed in this update is the correction of a bug relating to indicator display after restarting the terminal with the indicator already loaded.
Sürüm 1.3 2017.08.31
The indicator will not delete other horizontal objects when it is removed from the chart.
Sürüm 1.1 2015.06.05
Bug fix.