Indicators: SDX-TzPivots_3

[Automated-Trading]

SDX-TzPivots_3:

Calculation of pivot and similar levels based on time zones.

Author: Aleh Sasonka

[wan salahuddin]

im new for the trading..how gonna be using this indicator buy and sell?

[Aleh Sasonka]

wan salahuddin:
im new for the trading..how gonna be using this indicator buy and sell?

The pivot levels and Fibonacci retracements can be used as levels of support and resistance zones for possible reversal of the price movement.

See more...

TRADING MANUAL - How To Use Fibonacci

Fibonacci trading

The Forex Trader’s Guide to Support and Resistance

[Aleh Sasonka]

The sample input for strategy the reversal of Fibo level

... and the result of example

<removed by mod - no commercial advertising please!>

[iggi7213]

Hello,

I‌ like the pivot indicator, but is there a way to remove the words, "yesterday, today and open" of the chart. 

T‌hank You‌,

G‌uy.

[Aleh Sasonka]

iggi7213:

I‌ like the pivot indicator, but is there a way to remove the words, "yesterday, today and open" of the chart. 

Oh sure.

Correct code:

Line 270: SetTimeLine("YesterdayStart", "yesterday", idxfirstbarofyesterday, CadetBlue, level - 4*Point);

Line 271: SetTimeLine("YesterdayEnd", "today", idxfirstbaroftoday, CadetBlue, level - 4*Point);

Line 327: SetLevel("T\'s Open", today_open, Orange, LineStyle, LineThickness, startofday);

‌

[iggi7213]

Aleh Sasonka:

Oh sure.

Correct code:

Line 270: SetTimeLine("YesterdayStart", "yesterday", idxfirstbarofyesterday, CadetBlue, level - 4*Point);

Line 271: SetTimeLine("YesterdayEnd", "today", idxfirstbaroftoday, CadetBlue, level - 4*Point);

Line 327: SetLevel("T\'s Open", today_open, Orange, LineStyle, LineThickness, startofday);

‌

Thanks for your quick responds.

B‌est regards.

[turkly32]

Hello,

are there monthly weekly pivot points ? 

Best regards

[Aleh Sasonka]

turkly32 :
Hello,

are there monthly weekly pivot points ? 

Best regards

Not. This indicator is for displaying local daily levels. It does not work on time frames above D1.

I take a look indicator XIT_FIBS.mq4 (Automatically plot Fibonacci retracement lines with price on visible chart). It can be used to build levels at any timeframe.

Good luck)