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Platform: Metatrader 4&5 - Windows 32|64bits app
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Daily Pivots Multi Indicator
Daily Pivots Multi is an exclusive indicator to draw your pivots levels and much more.
Most indicators draw daily pivots for the day. Daily Pivots Multi is able to draw levels for different days.
The indicator can do the calculation for unlimited number of days backward. It means that you can draw the levels for today but also for the past days.
This is very useful if you want to study a strategy with Pivots levels over a period of time.
Another problem is that each broker uses a different time zone. So with usual Pivots indicators you might have different results for pivots calculations.
With Daily Pivots Multi, you can specify the GMT time zone and the pivots calculations will not depend from broker time anymore.
Furthermore, the indicator can draw vertical lines to show opening and closing of trading sessions: Sydney, Tokyo, London, New York, as well as specific hours that might be useful for you.
Main inputs of the indicator are: