(FOR MT5) Pivot Point Scanner Multi Pair :
This indicator has been desinged to automatically identify when price reaches a specified pivot point level.
And it can monitor the entire market in the background, all from one chart. Allowing you to save an enormous
amount of time and effort.
IMPORTANT FACTORS TO KEEP IN MIND:
For many years, floor traders (and market makers) have used pivot points to determine critical levels of support and resistance.
And these levels often act as price barriers where large amounts of orders can accumulate.
Therefore, these levels can be used to define entries and exits. As well as provide a very strong risk and reward ratio.
Features:
- This indicator can monitor all 28 pairs at the same time.
- You have full control to monitor as few (or as many) pairs as you wish.
- The indictor will trigger an alert whenever a specified pivot point is reached.
- Choose from a variety of pivot point calculations. Including Classic, Camarilla, Woodie's, Demark and Fibonacci pivots.
- Can monitor any symbol in your Metatrader platform. Including crypto, commodities, indices, equities, ETF's etc.
- This indicator only needs to be placed on one chart and it will simultaneously monitor the entire market, all on one screen.
This will save you an enormous amount of time and effort. As you won't have to flip through dozens of charts for analysis.
And this will allow you to focus on other aspects of your trading. Such as further technical (or fundamental analysis).
This will also give you more time to find other trading opportunities.
Indicator Parameters:
- Pivot Type: Here you select the pivot calculation you wish to use. Standard, Woodie's, Camarilla, Demark or Fibonacci.
- Symbols : The indicator monitors the top 28 pairs by default, but you can select less pairs if you wish.
- Alert Interval Minutes: Choose time interval for receiving alerts on a specific pair.
For example:
Do you wish to be alerted every time price touches the pivot level?
Or do you prefer to be alerted only one time every 'X' minutes?
This parameter lets you choose the alert interval.
See the images below for further details and contact us if you have any questions.
HUNDREDS OF 5 STAR REVIEWS AND OVER TWO DECADES OF REAL WORLD MARKET EXPERIENCE:
This indicator has been created by a former hedge-fund employee, with almost 25 years
of market experience. And our company has been selling high quality indicators on this
platform since 2015.
Over the years we have helped THOUSANDS of satisfied clients and we have received
HUNDREDS of 5 star reviews .
And we are proud to say that all of our reviews are 100% GENUINE .
With absolutely no client manipulation, or questionable tactics of any kind.
For further details regarding our background, we STRONGLY RECOMMEND that you take a look
at our profile. In order to get a better understanding of our overall trading experience and our
approach to the market.
https://www.mql5.com/en/users/escobedofx21
