Pivot Points - MetaTrader 5 Script - MQL5 #794 | Trading Script Download - MT4/MT5 Resources
The Classic Pivot Point indicator plots the pivot point as well as the three resistance and support levels for all data points.
Calculation period: day, week, month.
Attachment download
📎 pivotpoint.mq5 (6.17 KB)
Source: MQL5 #794
Pivot Point - MetaTrader 5 Script - MQL5 #794 | Trading Script Download - MT4/MT5 Resource Usage and Screening Suggestions
Pivot Point - MetaTrader 5 Script - MQL5 #794 | Trading Script Download - 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 only on titles or short-term profit descriptions.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •