Magic Pivot is a professional indicator for finding support
and resistance lines, developed by a group of professional
traders.
The indicator builds three support lines and three
resistance lines, from which a reversal is likely to occur.
Magic Pivot is a great tool for scalping and intraday
trading.
Magic Pivot
– another product from the Magic series: Magic Candles, Magic Arrow,
Magic Histogram.
Magic Pivot
– another product from the Magic series: Magic Candles, Magic Arrow,
Magic Histogram.
- High signal accuracy.
- Suitable for scalping and intraday trading.
- The indicator does not redraw.
- Simple indicator setup, minimum settings.
- It works on any financial instruments and markets.
- LINE_STYLE – type of lines (solid, dashed, dashed,
dashed, dashed with double dots). - Width – the thickness of the indicator lines.
- R1 – the color of the first resistance.
- R2 – the color of the second resistance.
- R3 – the color of the third resistance.
- S1 – the color of the first support.
- S2 – the color of the second support.
- S3-the color of the third support.