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Indicator for MetaTrader
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Pivot Points All-in-One Indicator
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Age 3+
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level: intermidiate
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English
Author's Instructions
The Pivot Points All-in-One Indicator is a practical tool for identifying pivot points and MT4 Support and resistance indicator, designed for the MetaTrader 4 (MT4) platform. This indicator calculates pivot points based on the previous day’s high, low, and close prices and plots the pivot point line (displayed in blue).
- Resistance levels are displayed as red lines.
- Support levels are displayed as green lines.
These levels serve as high-priority areas on the chart where prices often react. Traders can use this indicator to identify entry and exit points and analyze price behavior near these levels.
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-
Indicator for MetaTrader
-
Pivot Points All-in-One Indicator
-
Age 3+
-
level: intermidiate
-
English
Author's Instructions
The Pivot Points All-in-One Indicator is a practical tool for identifying pivot points and MT4 Support and resistance indicator, designed for the MetaTrader 4 (MT4) platform. This indicator calculates pivot points based on the previous day’s high, low, and close prices and plots the pivot point line (displayed in blue).
- Resistance levels are displayed as red lines.
- Support levels are displayed as green lines.
These levels serve as high-priority areas on the chart where prices often react. Traders can use this indicator to identify entry and exit points and analyze price behavior near these levels.