Daily Pivot Points, Resistance and Support Levels Assist - MetaTrader 4 Script | Trading Script Download - MT4/MT5 Resources
This is an indicator of daily pivot points as well as support and resistance levels. It shows the pivot point, Resistance 1, Resistance 2, Resistance 3, and the corresponding support level value in a corner of the chart. Whoever uses it can change the corner in which values are displayed by changing the BASE_CORNER variable in the Input tab.
This indicator can be used to plot pivot points, resistance and support levels on the chart and display vertical lines on the displayed values. If the market trades above the pivot point, the market sentiment is bullish and resistance may be found. If the market trades below the pivot point, the market sentiment is bearish and it may fall to support levels.
Attachment download
📎 daily_pivotx_resistance_and_support_levels_assist.mq4 (6.22 KB)
Source: MQL5 #30139
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