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Pivot Point MT5 Indicator by PipTick

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Published: 15 September 2017

Current version: 1.1

Pivot Point MT5 Indicator by PipTick

Name: Pivot Point MT5 Indicator by PipTick
Rating: 3.7142856 (7 reviews)
Author: Michal Jurnik

3.71

Indicators
Michal Jurnik
Version: 1.1
Updated: 1 December 2021

The Pivot Point indicator automatically calculates and displays the pivot point line and support and resistance levels. Pivot can be calculated according to the Classic, Floor, Fibonacci, Woodie, Camarilla or DeMark formula. It is also possible to select the period for calculating the indicator. A trader can choose from daily, weekly, monthly, or user-defined periods.

Types of pivots

Classic
Floor
Fibonacci
Woodie
Camarilla
DeMark

Main features

The indicator shows the current and historical pivot point level
Pivot support and resistance levels
Alert notifications for indicator lines
Custom session time
Works on every timeframe (M1, M5, M15, M30, H1, H4, D1, W1, MN)
The indicator is non-repainting
Ready for backtesting
Customizable parameters (Colors, Line thickness, Visibility...)
High-speed calculation
Available for MT4 and MT5

Please visit the Pivot Point indicator product page for the input and output parameters settings.

more...

2090402184 2024.03.25 09:08 #

Great indicator - does exactly what it says - Thank You!!!

398

BlackArmor 2023.09.17 11:05 #

Thank you Michal, excellent indicator mainly for seasoned traders. It helps to see the structures in a more clear way.

knight1968p 2023.04.22 08:12 #

I was looking for a Pivot indicator for MT5 which comes close to TradingView's builtin indicator and that doesn't clutter my charts. Think I found it. Well done! 8)

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The Volume Weighted ATR indicator is a helpful tool for measuring market activity. It is based on the idea of the Volume-Weighted ATR. Combining these two elements helps identify potential turning points or breakout opportunities. The indicator for the classification of the activity of the market uses the moving average and its multiples. Accordingly, where the VWATR bar is located (relative to the moving average), it is labelled as ultra-low, low, average, high, very high or ultra high. The Vo

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The Volume indicator is an excellent tool for measuring tick volume or real volume activity. It quickly and easily helps traders evaluate the volume's current size. The indicator for classification of the volume size uses the moving average and its multiples. Accordingly, the area where the volume is located (relative to the moving average) is labeled as ultra-low, low, average, high, very high, or ultra-high. This indicator can calculate the moving average by four methods: SMA - Simple Moving

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The Equity Curve indicator is a simple and helpful tool that shows the development of the equity curve in real time. For precision measurement, it should be used in a separate window with a period of M1. Main features The indicator shows the development of the equity curve in real time. High precision on the minute chart. High-speed calculation. Available for MT4 and MT5. Please visit the Equity Curve indicator product page for the input and output parameters settings.

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The Retracement indicator shows the current and historical high, low and mid values. Optionally, it can also display major retracement levels. All these levels together form the significant levels of support and resistance. Therefore, it is essential to know them for every kind of trader. Levels High Low Midpoint 76,4 % 61,8 % 38,2 % 23,6 % Main features The indicator shows the actual levels of High, Low, Mid and selected retracements. Four optional retracement levels. Alert notificatio

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The Close script is a simple tool that allows traders to close their trades by three methods. Just run the script and choose the close method. Closing methods Symbol - Allows closing all open trades for a specific symbol. All_Trades - Allows closing all open trades. Magic_Number - Allows closing all open trades according to their magic number. Recommendation AutoTrading functions must be activated. If the AutoTrading function is disabled, the script will not work. EA should be stopped

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Knowledge of the strength and weakness of each currency is vital for every forex trader. Our Currency Strength Meter indicator measures the strength of eight major currencies (USD, EUR, GBP, CHF, JPY, CAD, AUD, NZD) by using the Relative Strength Index indicator, also known as RSI. The Currency Strength Meter indicator shows you, simply and quickly, when a currency is oversold, overbought, or in "normal area". This way, you can identify which currency is the strongest and the weakest. Our

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The ATR indicator is a helpful tool for measuring the range of bars. It quickly and easily helps evaluate the ATR's current spread (range), which is especially useful for VSA traders. The indicator for classifying the range of bars (candles) uses the moving average and its multiples. Accordingly, the area where the volume is located (relative to the moving average) is labeled as ultra-low, low, average, high, very high, or ultra-high. Our ATR indicator is rendered as a histogram. This indicator

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The Currency Barometer indicator is a unique tool that measures the strength of two currencies represented in the pair and compares the difference between them. The result is shown as a histogram where you can simply identify which currency is the strongest. This indicator is designed to measure the strengths and weaknesses of eight major currencies (USD, EUR, GBP, CHF, CAD, JPY, AUD, and NZD) and works on 28 currency pairs. The indicator uses the CI method (Commodity Channel Index) to calc

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The VWAP indicator is our version of the popular Volume-Weighted Average Price indicator. The VWAP is the ratio between the value traded (price multiplied by the number of volume traded) and the total volume traded over a specific time period. As a result, it measures the average price of the instrument much better than the simple moving average. Although there are many ways to use the VWAP, most investors use it to calculate the daily average. The indicator works in five modes: Moving

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The Correlation Matrix indicator shows the actual correlation between the selected instruments. The default setting is set to 28 currency pairs, gold, and silver, but the indicator can compare any other symbols. Interpretation of the indicator Positive correlation (correlation is above 80 %). Negative correlation (correlation is below -80 %). Weak or no correlation (correlation is between -80 and 80 %). Main features The indicator shows the actual correlation between the selected instrum

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Filter:

jovanda79 2024.07.27 10:45 #

There is a bug in this indicator due to insufficient testing. When you change timeframes after adding this indicator it will delete any trendlines you may have added when displaying the new timeframe. This is basic coding where you delete your own indicator objects and not the objects of other indicators.

31501 2024.06.21 10:47 #

2090402184 2024.03.25 09:08 #

Great indicator - does exactly what it says - Thank You!!!

560003237 Gabsi 2023.10.01 16:46 #

Je viens de l avoir j ai tester en demo il est redoutable avec un peu de expérience 95% de traide gagnant en intra Day bonne chance à tous

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BlackArmor 2023.09.17 11:05 #

Thank you Michal, excellent indicator mainly for seasoned traders. It helps to see the structures in a more clear way.

knight1968p 2023.04.22 08:12 #

I was looking for a Pivot indicator for MT5 which comes close to TradingView's builtin indicator and that doesn't clutter my charts. Think I found it. Well done! 8)

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dapac 2022.11.16 12:33 #

Very useful indicator.

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Reply from developer Michal Jurnik 2022.11.16 12:47 #

Hello Dapac, Thank you very much for your review. We really appreciate it! However, may I ask you why the one star is missing?

Version 1.1 2021.12.01

Updated for a new version of MT5