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Best Pivot Point Indicator MT5

5

Best Pivot Point Indicator display pivot points and support and resistance lines for the intraday trading.

It calculates them using its own formula based on the previous trading session

The indicator can display the following levels in addition to plain pivot points:

  • Previous session's High and Low, today's Open.
  • Sweet spots.
  • Fibonacci levels.
  • Camarilla pivots.
  • Midpoint pivots.


Reviews 1
4587hyu854ert
55
4587hyu854ert 2024.04.15 11:20 
 

excellent, works very well, complete with middle pivots, and simple adjustments.

Is it possible to add the option to put the labels completely to the right of the graph ?

this is not always visible on the left.

THANKS

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DXY Correlation
Abdelkhabir Yassine Alaoui
Indicator  can be used for dxy correlation trading. it calculates the dollar index (USDX or DXY) using the EUR/USD, USD/JPY, GBP/USD, USD/CAD, USD/CHF and USD/SEK currency pairs. In order to trade them, you need to find a confirmed technical analysis pattern on the DXY chart and look for a correlated currency pair that has the same picture on its price chart. The formula used for calculation is the following: USDX = 50.14348112 × EURUSD -0.576   × USDJPY 0.136   × GBPUSD -0.119   × USDCAD 0.09
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Volume Profile For MT5
Abdelkhabir Yassine Alaoui
Volume Profile is a very useful indicator . it allows you to spot the price levels where important price action took place. It is similar to support and resistance levels but with a different logic. ( Check Out  Fixed Range Volume Profile MT5  ) One of the first thing that traders mark up when analyzing a chart is support and resistance. Volume Profile can be used for doing that too. The indicator scans the defined number of previous bars and calculates the volume of activity at each price
Spread Actual
Abdelkhabir Yassine Alaoui
This indicator Displays current spread in the main window of the chart. You can modify the font parameters, indicator's position and the normalization of the spread value. The spread is redrawn after each tick, ensuring the most current and active spread value. This can be useful for brokers with variable spreads or with spreads that are widened often. You can also enable a spread label to be shown near the current Bid line. you can also set  alert : Email, and push notifications.
Support And Resistance indicator that can display round levels and zones . It shows them directly on the chart, providing an easy help when you want to set stop-loss or take-profit level, or when you want to see the next market target.   If an asset price is moving down and bounces back up, the level is called support (think: price floor). If an asset price is moving upward and hits a level where it reverses downward, this is called resistance (think: price ceiling).
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4587hyu854ert
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4587hyu854ert 2024.04.15 11:20 
 

excellent, works very well, complete with middle pivots, and simple adjustments.

Is it possible to add the option to put the labels completely to the right of the graph ?

this is not always visible on the left.

THANKS

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