Rodman, the image at the very top of this article is an illustration that I made for this article. Nice clean indicator that doesn’t clutter the chart. Looking to make fast moving breakout trades when price breaks out of the support or resistance. Enter Your Name and Email Below to Download Now... All you need is to have your live account verified! hello Chris If viewing time frame is larger than indicator's set period, the lines are not drawn, otherwise they only obstruct. That’s why you use color coding. I think you have to edit the code with this one. You can contact me on Facebook if you’d like. With so many options and possible settings, the Forex Pivot MT4 Indicator can be used for a variety of strategies. None of them were similar to the one in this article. PP – (High – Low) = second support level . These strategies might include using other technical analysis methods, candlestick patterns or other indicators such as a moving average. You have to use common sense sometimes and know what's real and what's clearly a scam. This is fully owned and operated by Strategy Mastery Sdn. You just need to add them one by one, changing the colors so that you know what they are. Thanks for this I’ve been searching for pivot points that can show historic plotting. You can set the local time and the time zone of your broker to show the GMT offset. Attach to a chart. thanks once again . Both Forex Brokers have excellent rating! In the image below, I changed all of my resistance levels to red, my support levels to green, and my pivot point to blue. The other strategy you might use is looking to play a fast breakout of the resistance level and then target resistance 2 and potentially resistance 3. The chart below shows the Forex Pivot MT4 indicator applied to the chart with a few of the settings used. Chris sir Right click on High Low (HL).mq4. My favorite pivot point indicator is actually the one in my support and resistance indicator article. This is a simple, clean and easy to use MT5 pivot point indicator. Don’t be overwhelmed as we will guide you through step by step. Awesome thanks Chris. Thank you so much Chris. Hello Chris, We use both of these brokers and proudly promote them! Many of the pivot point indicators available for MT4 plot levels based on the current day, week, or month, but they don’t show historical levels, which makes them useless for backtesting. I need this. Finally, there is also a weekly pivot point version of this indicator as well as complementary indicators that plot mid-point levels for both the daily and weekly indicators. Thanks for commenting. For example, selecting H1 will show the pivot points on all time frames below and up to H1. However, that one can’t be used for backtesting. I’m glad I could help you. And please... the last thing we want to hear are complains or whining as it just reflects badly on you. I research, test and trade with the latest and best brokers, signal providers and trading tools to help you find out what works best. These are calculated by; Further support and resistance levels are created with the calculation; PP + (High – Low) = second resistance level. Learn how your comment data is processed. Other points are omitted as they're not really needed.