Pivot Point Indicators are commonly employed by forex traders to quickly recognize the current market sentiment. Furthermore, Pivot Points indicators are also useful when identifying Support and Resistance levels.
There are several versions of Pivot Point indicators. This post is the largest collection of pivots indicators for Metatrader.
Daily Pivot Points Indicator
Daily Pivot Points is a basic version of the indicator. It is determined by a simple average of the high, low and close prices of the previous day. The central line represents the Pivot Point between the support and resistance pivots.
Weekly Pivot Points Indicator
This indicator automatically displays weekly pivot point on your chart, with any timeframe.
Fibonacci Pivot Points Indicator
Fibonacci Pivot Points are determined at the same way of the standard ones, then the high-low differential are added and subtracted in order to determine resistance and support levels.
Demark Pivot Points Indicator
Demarker Pivot Points use Tom Demark’s formula for support and resistance according to the relationship between close and open prices.
Camarilla Pivot Points Indicator
Camarilla pivot points are a serie of 8 levels which represent support and resistance. This indicator is useful when setting stop-loss and take-profit orders.
ZMFX Pivot Points Indicator
ZMFX Pivot Points Indicator shows the daily, weekly and monthly pivots all at once on the same chart. You can change the setting in order to draw them singularly or more in combination.
Waddah Attar Pivot Indicator
This indicator draws the Pivot Point only, without any support and resistance lines. You can chose to display daily, weekly or monthly period.