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Pivots Dashboard is one of the most complete sets of tools for trading on pivot points (pivots, pivot points) that are currently available on the market. We conducted a preliminary comprehensive study to make sure that the product takes into account all the features of trading pivot points.

Pivot points are important levels that technical analysts use to determine the direction of movement, as well as potential support and resistance levels. Thus, Pivot Points are predictive or leading indicators. The points were originally used by traders in the operating rooms when determining the key levels to track during the day. To date, technical analysts have developed at least five types of pivot points (Standard, Camarilla, Woodie, Fibonacci, DeMark).

Pivot points are important levels that technical analysts use to determine the direction of movement, as well as potential support and resistance levels. Thus, Pivot Points are predictive or leading indicators. The points were originally used by traders in the operating rooms when determining the key levels to track during the day. To date, technical analysts have developed at least five types of pivot points (Standard, Camarilla, Woodie, Fibonacci, DeMark).

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  • The five (5) main types of pivots are: The panel allows you to switch between five types of pivot points (Standard Pivot, Camarilla, Woodie, Fibonacci, and DeMark).
  • Multi-currency: Display statistics for all symbols that are in the “Market Overview”.
  • Multi-Timeframe: The indicator has four (4) main timeframes, including the custom one. Available timeframes: daily, weekly, monthly, and custom.
  • Trend Detection: The indicator displays the current market trend using an advanced pivot point strategy.
  • Scroll Bar: There is a built-in scroll bar for easy viewing.
  • Changing the window size: It is possible to change the size of the window for easy viewing.
  • Displaying and updating the chart: When you click on any currency line, the corresponding chart opens in the panel and the lines of the pivot points are displayed on the chart. The pivot points for each open chart are updated automatically.
  • Accessibility for both beginners and professionals: The product is available for beginners, but it is functional enough to meet the needs of professionals. If you are a beginner and do not want to go into the nuances of pivot points, use the Novice mode. If you are an experienced trader and want to fine-tune the pivot point levels, switch to Professional mode.

Pivot points can be used as primary support/resistance levels, which makes them a good place to set a stop loss and make a profit. Pivot point levels, along with other indicators, can be used to detect and confirm a trend. As a rule, if the current price is higher than the Primary Pivot (PP), the trend is bullish, if lower, it is bearish.

  • pivot_display_mode (Novice/ Professional): Mode for displaying pivot points on the chart (Novice/Professional)
  • line_display_mode: Line display mode: option 1 = right, option 2 = full width
  • chart_trend_display: Display trend on charts
  • default_chart: The period of the chart when it is opened from the panel
  • custom_time frame: Custom timeframe for calculating pivot points
  • daily_pivot_display: Enable / disable daily pivot point lines in Professional mode
  • weekly_pivot_display: Enable / disable weekly pivot point lines in Professional mode
  • monthly_pivot_display: Enable / disable monthly pivot point lines in Professional mode
  • custom_pivot_display: Enable / disable custom pivot point lines in Professional mode
  • Line_Style: U-turn point line styles
  • labels_display: Display pivot point placemarks
  • label_text_size: Text size
  • support_color: Support Colors (S1, S2, S3)
  • resistance_color: Resistance colors (R1, R2, R3)
  • pivot point_color: The color of the primary pivot point
  • label_text_color : Text colors
  • Upper Panel Color: The color of the upper panel of the indicator
  • Fore Ground Color: The color of the foreground of the panel

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