MetaTrader 4 Indicators - Daily M Pivots
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Daily M Pivots 5 *
Daily M Pivots.

Central Pivot = Black
Support (S1, S2, S3) = Blue
Resistance (R1, R2, R3) = Red

Blue dash lines are the M pivots.

Very accurate daily pivots for MT4. I have been using these for 4 months, and use them on my 1 hour chart.

The only draw back is if your MT4 platform uses Sunday data the pivots on Mondays are off. I am not a coder and unable to change that (I have asked the author to do a version for platforms that use Sunday Data). However the other 4 days very accurate. If your platform does not use Sunday data then the pivots are excellent for all 5 days.

I did not code this but I have asked and been given permission from the author to post these.

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Category: MetaTrader 4 Indicators 

August 21st, 2010
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