The Advanced Pivot Point Forex Indicator

The advanced pivot point foreign exchange indicator is one of the thorough exchanging indicators for MetaTrader 4. It highlights you the Camarilla pivots, mid pivot level, Fibonacci retracements and the S1,S2,S3,R1,R2 and R3 price levels. It also shows you the open, low and high price.

Exchanging Signals

For purchase signals: Observe to purchase signals on top of the pivot point (bullish).

For auction signals: Observe to purchase signals beneath the pivot point (bearish).

In case of a counter trend signals: Observe for counter signals nearby to the three support and three resistance levels (extremely over auctioned and over purchased).

Features

  1. Suitable on any preferred currency pairs.
  2. The recommended time frame is one minute chart and up to four hr charts.
  3. This forex indicator is applicable on any endorsed trading sessions.
  4. Local Time zone, Show Camarilla, Show Pivots , Show Fibonacci, Show comments, Show high low open, Show Levels and Colors are the configurable options for this indicator.

The EUR/USD One Minute Instance Chart

the-advanced-pivot-point-forex-indicator

Danger-SignUtilize this forex Indicator at your own risk. WindsorForex cannot be responsible for any losses associated with utilizing any forex indicator presented on the site. It’s not recommended to utilize this indicator on the real account without testing it on demo first.

 

 

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About The Author

Mike N

Financial Trading Systems Design Expert

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