Pivot Levels DWM
Forex Indicator PIVOT LEVELS Day Week Month for MT4 , MetaTrader 4 Platform
- Indicator "Pivot Levels D_W_M " is very powerful auxiliary indicator for Price Action trading
- This particular indicator is using Fibonacci numbers in calculation.
- Pivot Levels are calculated as an average of significant prices from the performance of a market in the prior trading period
- Pivot Levels itself represent a levels of highest resistance or support, depending on the overall market condition
- Indicator "Pivot Levels D_W_M " shows you the most probable reversal levels, which can be reached by price.
- R - level (red) - Resistance
- S - level (green) - Support
- Daily, Weekly & Monthly prior trading periods are available in settings for calculation
- Indicator "Pivot Levels D_W_M " is excellent to plan your Take Profit targets or Price Reversals via Price action patterns.
HOW TO USE indicator:
1) Attach Indicator to corresponding chart
2) Select settings which you need and press OK button
3) Click to different time-frames in MT4 (H1, H4, D1, W1) for initial correct calculation of indicator.
版本 1.2 2020.02.21