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Pivot Math Support and Resistance Lines

$Pivot Math Support and Resistance Lines$

30 USD

Demo downloaded: 1

Published: 14 January 2025

Current version: 1.2

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Pivot Math Support and Resistance Lines

Indicators
Irina Cherkashina
Version: 1.2
Activations: 5

Pivot Math Support and Resistance Lines indicator — indicator showing pivot lines, which will definitely help every trader who knows how to trade with resistance, support and pivot lines. It shows 8 different lines (additional lines are also possible) on the main chart, helping you find the best points to buy, sell and exit positions.

Input parameters:

P (default = 64) — period in bars or other periods (set using MMPeriod), on which the lines will be calculated. The smaller this number, the "fresher" and less accurate the lines will be.

MMPeriod (default = 1440) — base period in minutes (60 — for hourly lines, 1440 — for daily lines, 10080 — for weekly and 43200 — for monthly); if greater than zero, the indicator will use P MMPeriod minutes to calculate the lines. If zero, the indicator will use P current bars for its calculations.

StepBack (default = 0) — step back for calculating lines (in current bars or in MMPeriod (if set) minutes).

Other parameters — affect only the visual display of lines.

Pivot Math Support and Resistance Lines is simple. The 0/8P and 8/8P lines are the strongest support and resistance lines — they are very difficult to break. The 1/8P and 7/8P lines are weak support and resistance lines, but if the price stops near them, it will change direction. The 2/8P and 6/8P lines are strong reversal lines. 3/8P and 5/8P are the bottom and top lines of the average trading range; there is a very high probability that the price will either break through this range very quickly or stay in it for a long time. 4/8P is the strongest support and resistance line. You can confidently sell and buy when the price breaks through this level. The blue arrow shows the last bar for which the lines were calculated.

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The TrendOscillator Indicator is an upgraded version of the traditional Stochastic Oscillator. It comprises two lines: %K and %D. The %K line represents the current market position. In contrast, the %D line is a moving average of the %K line used to generate signals and identify potential entry or exit points. The good thing is the indicator works on all timeframes like the traditional Stochastic. However, to avoid any false signals, applying the indicator on longer timeframes is better

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This indicator works by plotting fractals on the chart as arrows that can be used as buy or sell signals. It is a great tool for both new and experienced traders as it provides a clear visual representation of the market and helps traders identify fractals. Although it repaints, it can be used quite effectively in conjunction with other tools to filter trading strategies. We use this indicator in this way in our Royal Fractals EA, which you can purchase on the MQL5 Market and for free through

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FOREX GANGSTER is a unique Expert Advisor created by a professional prop trader and financial asset manager with many years of experience. This is a solution for those who strive for stable profits without constant control over each transaction or monitoring the work of a trading advisor. Created for optimal conservative trading and investing through exchange instruments with long-term regular profits and minimal risks. The Expert Advisor algorithm is based on a deep understanding of market pat

This indicator is a fusion of the Parabolic SAR and Fibonacci indicators. Fibo is drawn on the last wave, at the peaks the indicator displays prices for convenience. Parabolic SAR helps to define the market trend and generates trends following trade signals. On the other hand, Fibonacci plots the price retracement levels so that traders can determine a better and safer place to enter the market. You can purchase our expert advisors through our affiliate program with a 50% discount. More inform

Moving Averages Divergence 3x3 Indicator uses the crossover technique for signaling the market trend and the trade opportunities as well. It applies 3 formats of the same indicator and allows them to plot the crossover signals which are interpreted as the trade signals along with the direction of the market trend. Moving Averages Divergence 3x3 Indicator can be applied to trade all kinds of forex currency pairs within the financial markets. Although, this indicator works well only in betw

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FOREX RANGER is a unique Expert Advisor created by a professional prop trader and financial asset manager with many years of experience. This is a solution for those who strive for stable profits without constant control over each transaction or monitoring the work of a trading advisor. Created for optimal conservative trading and investing through exchange instruments with long-term regular profits and minimal risks. The Expert Advisor algorithm is based on a deep understanding of market patte

FOREX SHARK is a unique Expert Advisor created by a professional prop trader and financial asset manager with many years of experience. This is a solution for those who strive for stable profits without constant control over each transaction or monitoring the work of a trading advisor. Created for optimal conservative trading and investing through exchange instruments with long-term regular profits and minimal risks. The Expert Advisor algorithm is based on a deep understanding of market patter

ROYAL FRACTALS is a unique Expert Advisor created by a professional prop trader and financial asset manager with many years of experience. This is a solution for those who strive for stable profits without constant control over each transaction or monitoring the work of a trading advisor. Created for optimal conservative trading and investing through exchange instruments with long-term regular profits and minimal risks. The Expert Advisor algorithm is based on a deep understanding of market patt

TEAM TRADER is a unique expert advisor created by a professional prop trader and financial manager with many years of experience. This is a solution for those who seek stable profits without constant control over each transaction or monitoring the work of a trading advisor. Created for optimal conservative trading and investing through exchange instruments with long-term regular profits and minimal risks.This expert advisor works effectively on different timeframes and on all trading instruments

GOLDEN LIONS is a unique expert advisor created by a professional prop trader and financial manager with many years of experience. This is a solution for those who seek stable profits without constant control over each transaction or monitoring the work of a trading advisor. Created for optimal conservative trading and investing through exchange instruments with long-term regular profits and minimal risks.This expert advisor works effectively on different timeframes and on all trading instrument

GOLDEN EAGLE is a unique expert advisor created by a professional prop trader and financial manager with many years of experience. This is a solution for those who seek stable profits without constant control over each transaction or monitoring the work of a trading advisor. Created for optimal conservative trading and investing through exchange instruments with long-term regular profits and minimal risks.This expert advisor works effectively on different timeframes and on all trading instrument

GOLDEN KEY is a unique expert advisor created by a professional prop trader and financial manager with many years of experience. This is a solution for those who seek stable profits without constant control over each transaction or monitoring the work of a trading advisor. Created for optimal conservative trading and investing through exchange instruments with long-term regular profits and minimal risks.This expert advisor works effectively on different timeframes and on all trading instruments.

The Wolf Wave Finder Indicator is a popular indicator, that is useful in identifying potential trading opportunities. The indicator works by recognizing the Wolf Wave pattern, which is a well-known pattern used by professional traders to identify potential areas of support and resistance. The indicator is easy to use and provides traders with an easy way to identify potential trades. The Wolf Wave Finder Indicator is a great tool for traders who are looking for a reliable and accurate way

FOREX REAPER PRT is a unique expert advisor created by a professional prop trader and financial manager with many years of experience. This is a solution for those who seek stable profits without constant control over each transaction or monitoring the work of a trading advisor. Created for optimal conservative trading and investing through exchange instruments with long-term regular profits and minimal risks.This expert advisor works effectively on different timeframes and on all trading instru

BLACKSMITH PRT is a unique expert advisor created by a professional prop trader and financial manager with many years of experience. This is a solution for those who seek stable profits without constant control over each transaction or monitoring the work of a trading advisor. Created for optimal conservative trading and investing through exchange instruments with long-term regular profits and minimal risks.This expert advisor works effectively on different timeframes and on all trading instrume

This is a solution for those who strive for stable profits without constant control over each transaction or monitoring the work of a trading advisor. Created for optimal conservative trading and investing through exchange instruments with long-term regular profits and minimal risks. The Expert Advisor algorithm is based on a deep understanding of market patterns and personal experience in exchange trading. The author's strategy has passed the test of time, therefore guarantees accurate signals

This is a solution for those who strive for stable profits without constant control over each transaction or monitoring the work of a trading advisor. Created for optimal conservative trading and investing through exchange instruments with long-term regular profits and minimal risks. The Expert Advisor algorithm is based on a deep understanding of market patterns and personal experience in exchange trading. The author's strategy has passed the test of time, therefore guarantees accurate signals

FOREX PANTHERS is a unique expert advisor created by a professional prop trader and financial manager with many years of experience. This is a solution for those who seek stable profits without constant control over each transaction or monitoring the work of a trading advisor. Created for optimal conservative trading and investing through exchange instruments with long-term regular profits and minimal risks.This expert advisor works effectively on different timeframes and on all trading instrume

This is a shortened version in the settings of the popular expert advisor TEAM TRADER, created by a professional prop trader and financial manager with many years of experience. The full version has additional features that allow you to increase profits due to additional take profit, control drawdowns using two built-in filters and reduce risks by determining the trading time (two time periods are available). You can purchase this expert advisor through our affiliate program with a 50% discount.

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