Sunday 20 October 2013

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Daily Pivot Points mt4 indicator

What is it ?  It draws horizontal lines on the chart depends on the paivot points of selected time. 

How it works ? Firstly the indicator calculate the paivot point using ( 
Pivot = ( High + Low + Close ) / 3 ) and draw it then it calculate support and resistance levels.

Parameters : 
ShiftHrs (intger)

The supported pairs : The indicator works on all currency pairs also on commodities.

The supported frames : 1 M - 1 H chart

Download Link : here !

daily pivot point indicator
Daily Pivot Points indicator





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