Forex Indicator PIVOT LEVELS Day Week Month for MT4 , MetaTrader 4 Platform
- Indicator “Pivot Levels D_W_M ” is very powerful auxiliary indicator for Price
Action trading - This particular indicator is using Fibonacci numbers in calculation.
- Pivot Levels are calculated as an average of significant prices from the performance of a market in the prior
trading period - Pivot Levels itself represent a levels of highest resistance or support, depending on the overall market
condition
- Indicator “Pivot Levels D_W_M “ shows you the most probable reversal
levels, which can be reached by price. - R – level (red) – Resistance
- S – level (green) – Support
- Daily, Weekly