DailyPivotPoints_Full - MetaTrader 5 Script - MT4/MT5 Resource
The Daily Pivot Point indicator helps paint a picture of the market's future direction, unlike other tools behind the market. The information obtained from the previous day is used to calculate the checkpoint of the secondary trend for the current day.
This variant of the DailyPivot Points indicator can be built for any bar of the chart and allows to see a complete picture of the market behavior relative to the indicator levels for each bar. Probably the best way to use this indicator is to analyze the strategy while working offline.
This indicator was first implemented in MQL4 and published in the code base of mql4.com on December 23, 2005.
Attachment download
📎 dailypivotpoints_full.mq5 (19.9 KB)
Source: MQL5 #473
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