Identify potential trends/ranges (pivot points) + entry points - MetaTrader 5 Scripts - MT4/MT5 Resources

The story behind this indicator is very interesting. I published a script last week called "Identifying Potential Trends/Ranges (Pivot Points)" and a large number of MQL5 people contacted me asking if they could use it as an indicator. So I was happy that a lot of people actually liked my script and indicator, so I decided to convert the script to this indicator.

As a reminder, the purpose of this indicator is to help observe range and trend markets, not to do all the work on its own. There are indeed many other indicators that can help us observe these range/trending markets, and they work very well, but I like to use pivot points.

Don’t forget to send you comments and rate these scripts. Happy trading!

Live trading sessions:

You can view the live trading sessions below and see how I use my products in my trading

Comment: You can refer to the video below which will help you install and test this indicator.

Attachment download

📎 ind_pivotpoints.mq5 (3.62 KB)

📎 candlestick.mqh (3.22 KB)

📎 define.mqh (1.9 KB)

📎 enum.mqh (1.51 KB)

📎 functions.mqh (19.34 KB)

📎 libcisnewbar.mqh (6.3 KB)

📎 onnewbarcalculate.mqh (1.66 KB)

Source: MQL5 #30322