## About the Pivot Points indicator

The Pivot Points indicator shows you hourly, daily, weekly or monthly pivot points and support and resistance levels.

You can choose between 8 different methods to calculate the Pivot Points and between 3 different formula for the support and resistance levels (R1- R4 & S1 – S4).

## Input parameters for the Pivot Points indicator

- Pivot Points (Choose the calculation for the Pivot Points)
- (H+L+C)/3
- (H+L+O)/3
- (H+L+C+O)/4
- (H+L+C+C)/4
- (H+L+O+O)/4
- (H+L)/2
- (H+C)/2
- (L+C)/2

- Support & Resistance Level (Choose the formula for the support & resistance levels)
- Classic Formula
- Woodie Pivot Points
- Camarilla Pivot Points

- Time Period
- Hourly
- Daily
- Weekly
- Monthly

- Start Hour (for the Hourly Time Period only)
- End Hour (for the Hourly Time Period only)

## The formulas in detail

- Classic Formula
- R4 = R3 + (High – Low)
- R3 = R2 + (High – Low)
- R2 = PP + (High – Low)
- R1 = (2 * PP) – Low
- S1 = (2 * PP) – High
- S2 = PP – (High – Low)
- S3 = S2 – (High – Low)
- S4 = S3 – (High – Low)

- Woodie Pivot Points
- R4 = R3 + (High – Low)
- R3 = High + 2 * (PP – Low)
- R2 = PP + (High – Low)
- R1 = (2 * PP) – Low
- S1 = (2 * PP) – HIGH
- S2 = PP – (High – Low)
- S3 = Low – 2 * (High – PP)
- S4 = S3 – (High – Low)

- Camarilla Pivot Points
- R4 = PP + (High – Low) * 1.1/2
- R3 = PP + (High – Low) * 1.1/4
- R2 = PP + (High – Low) * 1.1/6
- R1 = PP + (High – Low) * 1.1/12
- S1 = PP – (High – Low) * 1.1/12
- S2 = PP – (High – Low) * 1.1/6
- S3 = PP – (High – Low) * 1.1/4
- S4 = PP – (High – Low) * 1.1/2

## iCustom function (for developers)

You can easily make an EA based on this Pivot Points indicator with its 9 buffers. 0-3 for the Resistance Price, 4 Pivot Points, 5-8 for the Support Prices.

#### Version

MT4 v1.03

#### Changelog

#### Sep 20, 2016:

Added: Indicator Buffers to make a EA based on it

#### Jun 8, 2016:

Added: “Ignore Weekend Gap”. This will allow you to show the Pivot Points on Monday in the Daily and Hourly mode

#### Mar 11, 2016:

Initial release of the MT4 version

### All Indicators:

- Swing Trading Cloud
- Supertrend Candles
- Japanese Candlestick Patterns
- Smart Trend
- Wolfe Waves
- Super MACD
- Supertrend Plus
- Pivot Points
- Chart Overlay
- Heiken Ashi Smoothed
- Bands on RSI
- Tick Chart
- Colored Stochastic Oscillator
- Multi Pair RSI
- Triple Bollinger Bands
- High/Low Channel - Donchian Channel
- Colored Moving Average

Hi,

Do you have pivot points indicator using DeMark’s calculation formular?

Thanks

No, but I can include it of you send it to me.

Hi. Few Qs.

1. Although you mention only 3, does this PP indi include Floor trader pivots and Demark’s pivots also in addition to the above?

2. Does it include yearly, monthly, weekly and daily pivots and 4 hourly pivots in all the pivot types?

3. Can one overly all of them with different colors? ie Floor trader pivots …Y (red), M (brown), W(blue), D(green) etc. on a single MT4 chart?

4. is the writing for the pivot lines on the side on all the types of PPs so not to obscure the chart?

1. No only the 3. Can you please send me the doc of the 2 you mentioned?

2. Yes

3. Floor trader pivots are not included, so I do not know the Y, M W and D :/

4. I’m not sure what you mean.

But I can send you a demo version if you want?

https://quivofx.com/support/contact-form/

hello, I would like if you could develop an EA of pivot point

I will make one. Not sure when, but I will.

When using format daily, Monday morning does not work, work only: Tuesday, Wednesday, Thursday and Friday. But Monday dose not show the pivot of last friday.

This is because of the Weekend Gap. I have added a new parameter where you can turn this on or off. Please download the new version in your account.

thank you so much

When purchasing any of your robots do you offer set files and support trading.

Like a chat room where traders discuss and share setups.

I do not provide any settings. I do have a forum where users can share their settings, but there is not much activity. Feel free to open a new topic in the forum.