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The PipTick Pivot indicator automatically calculates and displays pivot levels and support and resistance levels. Pivots can be calculated using the following formulas: Classic, Floor, Fibonacci, Woodie, Camarilla, or DeMark. It is also possible to select the period for calculating the indicator. You can choose a daily, weekly, monthly, or custom period.

  • Classic.
  • Floor.
  • Fibonacci.
  • Woodie.
  • Camarilla.
  • DeMark.

  • The indicator shows the current and historical pivot levels.
  • Pivot-support and resistance levels.
  • Pop-up alerts along the indicator lines.
  • User session time.
  • It works on all timeframes (M1, M5, M15, M30, H1, H4, D1, W1, MN).
  • The indicator does not redraw.
  • Ready for testing.
  • Configurable parameters (color, line thickness, visibility…).
  • Very fast calculations.
  • Designed for MT4 and MT5.

  • Pivot_Method-select the formula to calculate: Classic, Floor, Fibonacci, Woodie, Camarilla, or DeMark.
  • Session_Mode – Session mode: Daily( daily), Weekly( weekly), Monthly (monthly) and Custom (custom).
  • Session_Start_Hour – the session start time, if the custom session time mode is set. Otherwise, the parameter is ignored.
  • Session_Start_Minute – the minute of the session start, if the user session time mode is set. Otherwise, the parameter is ignored.
  • Session_End_Hour – the end hour of the session, if the custom session time mode is set. Otherwise, the parameter is ignored.
  • Session_End_Minute – the minute of the end of the session, if the custom session time mode is set. Otherwise, the parameter is ignored.
  • Sessions_Back – the number of displayed sessions. If the value is zero, all sessions are displayed.
  • Text_Size – the size of the text at the indicator levels.
  • Visibility_Line_Description – enable/disable the display of the description lines.
  • Visibility_PP-enable / disable the display of pivot levels.
  • Visibility_R1-enable / disable the display of the first resistance line.
  • Visibility_R2-enable / disable the display of the second resistance line.
  • Visibility_R3-enable / disable the display of the third resistance line.
  • Visibility_S1-enable / disable the display of the first support line.
  • Visibility_S2-enable / disable the display of the second support line.
  • Visibility_S3-enable / disable the display of the third support line.
  • Color_PP – the color of the pivot levels.
  • Color_R1 – the color of the first resistance line.
  • Color_R2 – color of the second resistance line.
  • Color_R3 – the color of the third resistance line.
  • Color_S1 – the color of the first support line.
  • Color_S2 – the color of the second support line.
  • Color_S3 – the color of the third support line.
  • Alert – enable / disable alerts when the price touches one of the indicator lines.
  • Alert_Sound-select an audio file for alerts.
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  • PP – the value of the pivot level.
  • R1 – the value of the first resistance level.
  • R2 – the value of the second resistance level.
  • R3 – the value of the third resistance level.
  • S1 – the value of the first support level.
  • S2 – the value of the second support level.
  • S3 – the value of the third support level.

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Published

15 September 2017

Updated

Current Version

1.0

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