The next indicator calculates pivot points (Pivot point, Resistance1, Resistance2, Resistance3, Support1, Support2, Support3) using classical formula but instead of using static data (previous day data) uses x bars that keep updating as new bar is made.
It has the next inputs:
- periods: Amount of periods (bars) to calculate pivot points.
- As this indicator keep constantly updating as new bar forms it repaints past data when you update, change symbol or change timeframe so the only valuable information is the present data of indicator so it makes no sense to backtest because you will allways see present data.
- This is a DEMO version that only works on AUDJPY chart if you want the full version buy the product PivotsDynamic.
-Visible prices on every level that can be customizable in colour and size and can be switched off changing "true" for "false".
-More formulas to calculate pivot points (Camarilla, Woodie, Fibonacci and the standard).
-Alert displaying next message: "This is a DEMO version that only works on AUDJPY charts".