Forex Average moving Pivot MT4 Indicator

Forex Average moving Pivot MT4 Indicator:

About the Forex Average moving Pivot MT4 Indicator

This indicator is very effective for trading everyday.

A combination of moving averages and 2X Pivots calculation to produce a very convincing signal everyday.

  • Blue colour signals a buy opportunity. Follow the arrows for possible buy points. The Blue pivots and average line, serves as possible support.
  • Red colour signals a sell opportunity. Follow the arrows for possible sell points. The Red pivots and average line, serves as possible resistance.
  • Best use on the 15 minutes, 30 minutes or 1 hour time frame.

Test results:

Forex Average moving 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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