Forex Auto Pivot MT4 Indicator

Forex Auto Pivot MT4 Indicator:

About the Forex Auto Pivot MT4 Indicator

This indicator will draw monthly, weekly, and daily pivot.

Pivot line will be calculated automatically again when the period ends.

Auto Pivot Metatrader 4 Indicator

The Auto Pivot indicator for Metatrader 4 automatically updates the pivot point (PP), support (S1,S2,S3) and resistance levels (r1,r2,r3) every day. Price above the pivot point means positive while price below the pivot point means negative. S3 indicates extremely oversold while price above resistance r3 means extremely overbought.

Test results:

Forex Auto Pivot MT4 Indicator

Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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