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All Pivot Point Indicators Download for MT5 - Free | Forex Indicators Download - MetaTrader 5 Resource

author EAcpu | 4 reads | 0 comments |

The All Pivot Points indicator is based on historical price data such as opening, high and closing prices. This trading tool allows the calculation of four different types of pivot points.

This MT5 Fractal Pivot Point Indicator Mdraws six support and resistance levels in classic pivot point mode.

Specifications of all pivot point indicators

Specifications All Pivot Points indicators are shown in the table below.

Indicator categories: Pivot Points and Fractals MT5 Indicators Support and Resistance MT5 Indicators
MT5 indicator levels
Platforms: MetaTrader 5 Indicators
Trading Skills: Intermediate
Indicator Types: MT5 Breakout Indicator Reversal MT5 Indicator
Time frame: Multi Time Frame MT5 Indicators
Trading Style: Scalper MT5 Indicator Day Trading MT5 Indicator
Trading Tools: Forex MT5 Indicators Cryptocurrency MT5 Indicators Stock MT5 Indicators Forward MT5 Indicators

Overview of all pivot point indicators

The All Pivot Points indicator calculates and displays four types of pivot points, which can be selected through the settings section. The four types are:

  • Classic : Based on the previous day’s data, including Open , Close , High , and Low . It creates a central pivot (PP), three support levels (S1-S2-S3), and three resistance levels (R1-R2-R3)
  • Camarilla : Based on the previous day's closing price . It provides tighter support and resistance levels compared to classic type
  • Woodie : Unlike other models, it ignores Open price and only displays two support and resistance levels
  • Fibonacci : This method uses key Fibonacci ratios, such as 38.2%, 61.8%, and 100%, to determine support and resistance levels

bullish trend conditions

According to the Bitcoin (BTC) chart on the one-hour time frame, the price has reached the support level “S1” and is moving bullishly.

If the price manages to break above the resistance levels "R1, R2 and R3", the trend may be towards higher price levels.

Analyzing the Bullish Trend with the All Pivot Points Indicator
Determine buy trading positions using all pivot point indicators

Bearish trend conditions

According to the NZD/USD currency pair 15 minute chart, the resistance level “R1” has worked well, and after reaching this level , the price has turned bearish.

As shown in the chart, the trend has broken through the support levels "S1 and S2", indicating the strength of the bearish trend.

Breaking Support Levels in the All Pivot Points Indicator
Analyze NZD/USD currency pair chart with all pivot point indicators

Settings for all pivot point indicators

The relevant settings of the All Pivot Points indicator are shown in the figure below:

Settings Box of the All Pivot Points Indicator
See customization options in all pivot point indicator settings
  • Calculation Method: Determines the type of pivot point calculation
  • Calculation Period: Define the period of pivot calculation
  • Number of Periods: Set the number of past periods used for pivot calculations
  • Show Mid Pivots: Enable or disable mid-pivot levels between main lines
  • Show Pivot: Activates the display of the main pivot point
  • Display Level (S1, S2, S3, S4): Enable support level
  • Display Levels (R1, R2, R3, R4): Enable resistance levels
  • Color of Pivot: Set the color of the main pivot level
  • (S1, S2, S3, S4) color: defines the color of the support level
  • Color of (R1, R2, R3, R4): Defines the color of the resistance level
  • Style of Pivot: Adjust the visual style of the main pivot point
  • Style (S1, S2, S3, S4): Modify the visual appearance of the supports
  • Styles (R1, R2, R3, R4): Modify the visual appearance of resistance levels
  • Width of Pivot: Set the thickness of the main pivot line
  • (S1, S2, S3, S4) Width: Adjust the thickness of the support level
  • Width of (R1, R2, R3, R4): Adjust the thickness of the resistor level
  • Line labels: Enable label display

Note: All pivot point indicators already use default settings and the classic pivot type .

Conclusion

The All Pivot Points indicator, one of the MT5 level indicators for determining support and resistance , calculates levels based on daily and weekly time frames . Additionally, it can identify price breakout levels .

This Support and Resistance Indicator for MT5 also provides a flexible settings panel allowing extensive customization options, such as selecting the time frame for calculations, determining the type of pivot point , and other personalization settings.

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