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Pivot Point SR

Forex Indicator PIVOT POINT Support / Resistance for MT4 , MetaTrader 4 Platform

  • Indicator "Pivot Point SR " is very powerful auxiliary indicator for Price Action trading
  • 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 Point SR" shows you the most probable reversal levels, which can be reached by price.
  • R1, R2, R3 - Resistance levels (red)
  • S1, S2, S3 - Support levels (green)
  • Daily, Weekly & Monthly prior trading periods are available in settings for calculation
  • Indicator  " Pivot Point SR" 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.



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