Waddah_Attar_Pivot - MetaTrader 5 Script - MT4/MT5 Resources
waddahattar@hotmail.com
The indicator plots daily, weekly and monthly pivots through backtesting.
The indicator was originally written in MQL4 and first published in the code base on August 23, 2008.
Figure 1. Waddah_Attar_Pivot indicator
Attachment download
📎 waddah_attar_pivot.mq5 (26.51 KB)
Source: MQL5 #16449
Waddah_Attar_Pivot - MetaTrader 5 script usage and filtering suggestions
Waddah_Attar_Pivot - MetaTrader 5 script is a resource related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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