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PUA MultiType Pivot MT5

The PUA MultiType Pivot indicator is built on the daily chart of the previous day.

The PUA MultiType Pivot indicator is one of the most popular tools in technical analysis, used by traders to identify potential reversal points in financial markets. This indicator constructs three types of Pivot points: Classic, Fibonacci, and Camarilla, each offering its unique approach to market analysis. The advantages of this indicator include:

Simplicity and Clarity

  • PUA MultiType Pivot provides clearly defined support and resistance levels, making them easy to understand and apply even for beginner traders.

Versatility

  • These levels can be used over various time frames (from intraday to long-term) and across a wide range of markets, including stocks, forex, futures, and cryptocurrencies.

Predictive Capability

  • PUA MultiType Pivot helps to predict potential support and resistance levels before the start of the trading session, providing traders with advanced information.

Functionality in Various Market Conditions

  • These levels are effective in both trending and sideways markets, offering opportunities for trading in diverse market scenarios.

Identification of Entry and Exit Points

  • PUA MultiType Pivot levels can be used to identify optimal entry and exit points, helping traders maximize profits and minimize losses.

Improved Risk Management

  • Identifying clear support and resistance levels allows traders to set more accurate stop-losses and take-profits.

Combination with Other Tools

  • PUA MultiType Pivot can be used in conjunction with other indicators and technical analysis methods, enhancing the overall effectiveness of a trading strategy.

Trend Confirmation

  • These levels can serve as additional confirmation of trends and reversals, especially when they coincide with other technical analysis signals.

Adaptability to Market Volatility

  • PUA MultiType Pivot automatically adapts to changes in market volatility, as they are calculated based on the latest price data.

Value for Intraday Trading

  • For intraday traders, these levels provide key zones around which to focus daily trading



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STE S.S.COMPANY
4.3 (10)
Indicateurs
Trend Line Map indicator is an addons for   Trend Screener Indicator . It's working as a scanner for all signals generated by Trend screener ( Trend Line Signals ) . It's a Trend Line Scanner based on Trend Screener Indicator.  If you don't have Trend Screener Pro Indicator,   the Trend Line Map Pro will not work.     LIMITED TIME OFFER : Trend Line Map Indicator is available for only 50 $ and lifetime. ( Original price 125$ ) By accessing to our MQL5 Blog,  you can find all our premium indica
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Indicateurs
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Indicateurs
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Indicateurs
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Indicateurs
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Version 1.2 2023.12.28
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