MP Demark Pivot Levels for MT5

This indicator is stand alone version from MP Pivot Levels (All in one) containing Demark's Pivots.

    Calculations:

        PP = X / 4

        R1 = X / 2 - LOWprev

        S1 = X / 2 - HIGHprev

    Uses:

    • When the pair currency price may change the direction of movement.
    • Possible constraints of support and resistance that creates plateaus for the currency pair prices.
    • Tendency identification by comparing the present prices according to current day's pivot point and also the prior day's pivot points.

    ___________________________________________________________________________________

    Disclaimer:
    Do NOT trade or invest based upon the analysis presented on this channel. Always do your own research and due diligence before investing or trading. I’ll never tell you what to do with your capital, trades or investments. I’ll also never recommend for you to buy, sell, long or short any asset, commodity, security, derivative or cryptocurrency related instrument as it's extremely HIGH RISK! You should always consult with a professional/licensed financial adviser before trading or investing in any type of assets.

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    Pierre Ksachikian
    5 (2)
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    A heatmap is a graphical representation of data in two dimensions, using colors to display different factors. Heatmaps are a helpful visual aid for viewers, enabling the quick dissemination of statistical or data-driven information. The MP Heatmap indicator provides a graphical representation of the relative strengths of major currencies compared to others, organizing data from pairs into color-coded results and producing a clear overview of the entire Forex market. The MP Heatmap indicator dis
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    MP Inside Bar for MT5
    Pierre Ksachikian
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    MP Pin Bar for MT5
    Pierre Ksachikian
    5 (1)
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    Pierre Ksachikian
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    MP Candle Countdown indicator with a progress bar is a tool used in technical analysis that displays the time remaining until the current candlestick on a chart closes, along with a progress bar that shows visually the amount of time that has elapsed since the candlestick opened. This indicator can be helpful for traders who use candlestick charting to make trading decisions, as it provides both a visual representation of the time left until a candlestick closes and an indication of how much ti
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    MP SMI for MT5
    Pierre Ksachikian
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    Pierre Ksachikian
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    MP Woodie Pivot Levels for MT5
    Pierre Ksachikian
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    Pierre Ksachikian
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    Pierre Ksachikian
    4 (1)
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    Pierre Ksachikian
    5 (1)
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    MP Woodie Pivot Levels
    Pierre Ksachikian
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    MP Price Change for MT4
    Pierre Ksachikian
    Göstergeler
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    Pierre Ksachikian
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    MP Pin Bar
    Pierre Ksachikian
    Göstergeler
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    Pierre Ksachikian
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    Pierre Ksachikian
    Yardımcı programlar
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    Pierre Ksachikian
    Yardımcı programlar
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    5 (1)
    Göstergeler
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    Pierre Ksachikian
    5 (2)
    Göstergeler
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    Pierre Ksachikian
    Göstergeler
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    Pierre Ksachikian
    Yardımcı programlar
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    MP Relative Bandwidth Filter
    Pierre Ksachikian
    Göstergeler
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    MP Gradient Adaptive RSI
    Pierre Ksachikian
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    MP Candle Size for MT4
    Pierre Ksachikian
    Göstergeler
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    Pierre Ksachikian
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    MP Pivot Levels
    Pierre Ksachikian
    Göstergeler
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    Pierre Ksachikian
    Göstergeler
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