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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.

 

  • 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, dotted, dashed, dashed with double dots).
  • Width – the thickness of the indicator lines.
  • R1 is the color of the first resistance.
  • R2 is the color of the second resistance.
  • R3 is the color of the third resistance.
  • S1 is the color of the first support.
  • S2 is the color of the second support.
  • S3 is the color of the third support.

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