What's new

Pivot1

naser

Member
Pivot levels are levels calculated by special formulas based on the candlestick the day before or the week before or the month before and even the year before. That traders use as support and resistance lines and have their own trading strategies. Note, however, that the Pivot Levels are different from the Pivot Points, which are essentially price turnover points.

Pivotal levels are categorized as follows:

پی Classic or standard pie lines
فیبوناچی Fibonacci Pipe Lines
پی camarilla lines
Wood woody pie lines
پی DeMark Pivot Lines
 

Attachments

  • Pivot_PerDay.mq4
    12.7 KB · Views: 7

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Members Online

No members online now.

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

Top