AdvancedMetaTrader 5 • MQL5

Pivot Points Indicator for MetaTrader 5

Daily, weekly, and monthly pivot points with R1-R3 and S1-S3 levels

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About This Indicator

Pivot Points are widely used by institutional traders to identify key intraday levels. This indicator calculates and displays daily, weekly, or monthly pivot levels including the main pivot, three resistance levels (R1, R2, R3) and three support levels (S1, S2, S3).

Key Features

  • Classic, Fibonacci, and Camarilla pivot formulas
  • Daily, weekly, or monthly timeframe selection
  • Color-coded R and S levels with labels
  • Previous pivot levels kept as dotted lines
  • Alert when price crosses pivot point

Frequently Asked Questions

What is the most important pivot level?

The main Pivot Point (P) is most important. Price trading above it during the session is considered bullish; below is bearish.

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