Automatic Pivot Point
Pivot points are mathematically calculated points that result from major price levels.
They are used to identify significant levels of purchases and sales.
Pivot prices are calculated based on the previous day's price development.
You can use them as targets or as support and resistance.
The indicator has many functions to choose from,
Such as choosing the pivot calculation from the relevant formulas,
You can also change the calculation time to daily weekly or monthly.
Pivot types available:
- PIVOT CLASSIC
- PIVOT FIBONACCI
- PIVOT DEMARK
- PIVOT CAMARILLA
- PIVOT WOODIES