PivotPointsLines _v1.1 - MetaTrader 4 Script - MT4/MT5 Resources
MT5 version = https://www.mql5.com/en/code/32204
Drawing a horizontal line for a formula's pivot point
All pivot point timeframes
Draw long or short lines.
Option to display floor pivot point
Option to display pivot point price in label
You can have multiple indicator instances on the same chart, just use different timeframes.
Many custom settings can be changed to your liking.
Input/example image
Attachment download
📎 pivotpointslines_v1.1.mq4 (12.74 KB)
Source: MQL5 #29748
PivotPointsLines _v1.1 - MetaTrader 4 script usage and filtering suggestions
PivotPointsLines _v1.1 - MetaTrader 4 scripts 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.
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