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PivotPointsMT4

Pivot, support and resistance levels are one of the main indicators on the charts of any professional trader.
The PivotPointsMT4 indicator will help you determine the current entry points on any currency pair and any timeframe.
It is convenient because it shows historical pivot, support and resistance levels on all timeframes, and you always see what worked in the recent past.
Taking into account the news context, most often it is not so difficult to determine the current level and right entry point into the market on a particular time frame. And if you follow proper risk management, this indicator alone will be quite enough for successful long-term trading.
It is quite possible to learn to recognize tests, false breakouts of levels and rebounds from them if you use the indicator constantly.
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The indicator plots flexible support and resistance levels (dots). A special phase of movement is used for construction. Levels are formed dynamically, that is, each new candle can continue the level or complete it. The level can provide resistance or support to the price even where it is no longer there. Also, support and resistance levels can change roles. The importance of levels is affected by: the amount of time the level is formed and the number of touches. The significance of these l
Indicator Support and Resistence plain in your chart seven lines; Red line=Resistence 3. Red line=Resistence 2. Red line=Resistence 1. Yellow line= Pivot. Green line= Support 1. Green line= Support 2. Green line= Support 3. adattable in all timeframe (minute 1, minute   5, minute   15, minute   30, Hour 1, Hour 4,Day 1,Week 1,Mounth 1); Buy under support and sell over the resistence;
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Pivot Points MT4
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