Pivot Star - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources

This indicator plots the current pivot point and does not plot history. Clean and simple.

Choose from Standard, Fibonacci, Camarilla, Woody and Danish Pivot calculations.

The calculation is based on the previous bar of the selected period.

Double x low = low ( 0 , during p, 1 );

The default setting is H1, which is used for scalping.

Draw two additional lines - the previous day's high and low.

Each line can be set to your liking: color, style, thickness (set color to None to disable the line).

The thicker lines are the previous day's high/low. Only plotted on timeframes below D1.

Camarilla Pivot includes L3, L4, L5, H3, H4, and H5 lines. Other points are omitted because they are not really needed.

If the viewing time range is larger than the indicator's set time, lines will not be drawn, otherwise they will just block.

Updated June 5, 2017.

Little has changed, displaying the previous day's high/low is optional; the code has been changed so that several instances can now be used for different timeframes (e.g. one for daily pivots, one for weekly, etc.).

Attachment download

📎 pivot_star.mq4 (14.95 KB)

Source: MQL5 #17262