Forex AllPivots New
orex-Experts For Metatrader - AllPivots. For many years, traders and market makers have used pivot points to determine critical support and/or resistance levels. Pivots are also very popular in the forex market and can be an extremely useful tool for range-bound traders to identify points of entry and for trend traders and breakout traders to spot the key levels that need to be broken for a move to qualify as a breakout. In this article, we'll explain how pivot points are calculated, how they can be applied to the FX market, and how they can be combined with other indicators to develop other trading strategies.
The pivot points are almost the one that really works on the forex market.
All pivots is a set of custom indicators to automatically calculate and show pivot support and resistance levels for metatrader 4 platform. It calulate the next pivot levels:
1. Daily pivots. Works with timeframe up to H4.
2. Weekly pivots. Works with timeframe up to D1;
3. Monthly pivots. Works with timeframe up to W1;
4. Yearly pivots. Works with timeframe up to MN1;
