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GJPivot support and resistance

5

PLEASE HELP REVIEW/ SUPPORT/ SHARE THIS OTHER INDICATOR  HERE https://www.mql5.com/en/market/product/51637 AS YOU DOWNLOAD THIS ONE FOR FREE. THANKS.


A. This pivot indicator shows the days Pivot Price. Yellow line is pivot point. Blue line is resistance and red line is support.

B. It also shows Resistance  R0.5, R1, R1.5, R2, R2.5, and R3

C.It also shows support S0.5, S1, S1.5, S2, S2.5, and S3

INPUT:

Under input you will see 3 Variables

1.ExtFomula. Here you can set your preferred exit at a resistance or support on the chart window at not more than 1 or 2 or 3 value. 1 represents exit at resistance or support 1. 2 represents exit at resistance or support 2. 3 represents exit at resistance or support 3.

2. ExtHowmanyDays. The default is for 30 days. If either 1 or 2 or 3 is entered in ExtFomula, the exit support and resistance price for thirty past days will show on the chart window

3.ExtDraw. Select true to allow support and resistance to be drawn on the chart window, or vice visa.

ADVANTAGES

1. The indicator allows you to see up to support 3 or resistance 3

2. The indicator allows you to set an exit point on the chart at any of the selected resistance or support.

3. The set exit of either the support or resistance can serve as take profit and/or stop loss depending on the prevailing trend.

4. By setting the Exitfomula to 1 or 2 or 3, the indicator will give a clear idea of the extent of up or down move that price could make daily. 


Reviews 1
PeterMacalpine
14
PeterMacalpine 2021.04.26 04:16 
 

Excellent and easy to use. I replaced the other pivot indicator that I use with GJPIVOT. Thanks.

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PLEASE HELP REVIEW/ SUPPORT/ SHARE THIS OTHER INDICATOR  HERE  https://www.mql5.com/en/market/product/51637  AS YOU DOWNLOAD THIS ONE FOR FREE. THANKS. The indicator was created to make trading very easy to understand. It is based on five moving average crosses and pivot points. Download the "EASY TREND" on my Product list for a more advanced and profiting trades.  You can trade with this indicator alone and get the maximum out of the market. If you are a new trader, just open your chart windo
FREE
1. Monthly, weekly and daily pivots are calculated with the beginning and ending data for each period. 2. This provides an easy line on the chart to identify where the pivots are and reduces error of calculation. 3. The indicator will help define very quickly the major pivots for the instrument even if you do not understand how to calculate the pivot. 4. You can also compare weekly and daily pivots so that you can better understand the position of price. 5 This indicator will help you trade more
FREE
ScalpinVerse
David Jumbo
3 (1)
This indicator uses binary codes to predict price movement within the "multiverse and mini-verse" of price. (Due to the coding instruction to capture every momentum, it leaves static lines in DEMO TESTING mode. At the end of testing click on the indicator to open and click OK. It will adjust and remove broken and static lines)  It also draws lines at entry price levels on the chart. Just open your positions accordingly at these price levels. You will get many trading opportunities each day with
Perfect for one minutes high trading and scalping. This indicator is very effective for trading on one minutes, in the hour. A combination of moving averages and STOCHASTICS calculation to produce a very convincing signal every hour. Blue colour signals a buy opportunity. Follow the X signs for possible buy points. The Blue average line serves as possible trend direction and support. Red colour signals a sell opportunity. Follow the X signs for possible sell points. The Red average line serves a
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PeterMacalpine
14
PeterMacalpine 2021.04.26 04:16 
 

Excellent and easy to use. I replaced the other pivot indicator that I use with GJPIVOT. Thanks.

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