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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.
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