Weekly and Monthly Pivots - MetaTrader 4 Scripts | Trading Script Downloads - MT4/MT5 Resources
Simple scripts help traders draw weekly and monthly pivot points as well as support and resistance lines for the current week or month.
suggestion:
Attachment download
📎 Monthly_Pivot.mq4 (5.61 KB)
📎 Weekly_Pivot.mq4 (5.33 KB)
Source: MQL5 #11073
Weekly and Monthly Pivot - MetaTrader 4 Script | Trading Script Download - MT4/MT5 Resource Usage and Screening Recommendations
Weekly and Monthly Pivots - MetaTrader 4 Scripts | Trading Script Downloads - MT4/MT5 resources are trading script related resources. 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 on titles or short-term profit descriptions.
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