Kang Boon Khong / 판매자
제품 게시
![Pivot Point Support and Resistance Indicator](https://c.mql5.com/31/356/pivot-point-support-and-resistance-indicator-logo-200x200-2553.png)
An Indicator that calculates the Pivot Point line, along with the 2 levels of support and resistance lines, known as S1, S2, R1, R2 respectively.
The formulas for calculation are as follows:
Pivot point (PP) = (High + Low + Close) / 3
First level support and resistance: First resistance (R1) = (2 x PP) – Low First support (S1) = (2 x PP) – High
Second level of support and resistance: Second resistance (R2) = PP + (High – Low) Second support (S2) = PP – (High – Low)
The trader can adj