The PivotPoints indicator calculates and displays monthly, weekly, and
daily support and resistance levels, as well as outputs
warning when the price approaches the Pivot levels.
- Pivot points – reversal
levels, used by banks and financial institutions, as they
are the levels where a change is possible
price dynamics, its reversal. - Pivot points-the basis of the majority
technical analyses.
Indicator
It can calculate Pivot levels using the
following methods:
- Standard method;
- Camarilla;
- Woodie;
- De Mark.
- PP – the central level of the Pivot.
- S –
support level. - R-level
resistance.
- Standard method;
- Camarilla;
- Woodie;
- De Mark.
- in the catalog_terminalsounds directory or its subdirectory.
- in the sql5files terminal_data directory or its subdirectory.