Introduction to the Pivot Point Indicator
Support and Resistance levels often work when the bulk of the market consider it as such. Emellertid, traders would often identify support and resistance levels manually, making it very subjective.
Using the Pivot Point indicator is an effective way to objectively identify support and resistance levels which many seasoned traders are most likely looking at.
What is the Pivot Point Indicator?
The Pivot Point indicator is a widely used technical indicator used to determine the general trend direction or bias based on the relationship of price action in relation to historical price data points.
Pivot Point indicators generally plot seven lines. The main line would be the Pivot Point (PP) line which would be the basis for the other lines. Pivot Point indicators then plot three Resistance lines (R1, R2, och R3) above the Pivot Point line, och tre stödrader (S1, S2, och S3) below the Pivot Point line.
This version of the Pivot Point indicator plots a dotted yellow line to represent the Pivot Point (PP) Linje, three dotted red lines to represent the Resistance lines (R1, R2, och R3), and three dotted blue lines to represent the Support lines (S1, S2, och S3).
How the Pivot Point Indicator Works?
Although there are several methods in computing for the Pivot Point lines, the middle line of the Pivot Point line is usually a basic computation. It is usually the average of the high, låg, och slutet av föregående period. Till exempel, a Daily Pivot Point would be the average of the high, låg, och slutet av föregående dag, while a Weekly Pivot Point would be the average of the high, låg, and close of the previous week.
Stödet (S1, S2, och S3) och motstånd (R1, R2, och R3) lines have different formulas all of which are also derived from the main Pivot Point (PP) Linje.
This version of the Pivot Point indicator allows traders to choose whether the indicator should plot the Daily, Varje vecka, or Monthly Pivot Points. This variable can be modified under the Inputs tab of the indicator’s settings.
How to use the Pivot Point Indicator for MT5
Den viktigaste pivotpunkten (PP) line can be used to determine the general trend direction or bias based on where price is in relation to it. The trend bias can be bullish if price is above the PP line, and bearish if price is below the PP line.
The Pivot Point lines including the support and resistances should be used as a regular support or resistance line is used. It can be used as a basis where price can reverse. Support or Resistances can also act as the opposite once broken.
Köp Trade Setup
När du ska gå in?
Open a buy order as soon as price action shows signs of price rejection on a Support line. Ställ stoppförlusten under det haussade återföringsmönstret.
När du ska avsluta?
Set the take profit target on the next Pivot Point or Resistance level.
Sälj Handel Setup
När du ska gå in?
Open a sell order as soon as price action shows signs of price rejection on a Resistance line. Ställ stoppförlusten ovanför det grova återföringsmönstret.
När du ska avsluta?
Set the take profit target on the next Pivot Point or Support level.
Slutsats
The Pivot Point indicator is a very useful technical indicator for identifying potential areas where price can reverse.
MT5-indikatorer – Hämta Instruktioner
Pivot Point Indicator for MT5 is a Metatrader 5 (MT5) indikator och kärnan i denna tekniska indikator är att omvandla de ackumulerade historiedata.
Pivot Point Indicator for MT5 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Baserat på denna information, handlare kan anta ytterligare prisrörelser och anpassa sin strategi därefter. Klicka här för MT5 Strategier
Rekommenderad Forex MetaTrader 5 Handelsplattformar
#1 – XM-marknaden
- Gratis $50 Att börja handla direkt! (Uttagbar vinst)
- Insättningsbonus upp till $5,000
- Obegränsad lojalitetsprogram
- Prisbelönt Forex Mäklare
- Ytterligare exklusiva bonusar Under hela året
>> Gör anspråk på din $50 Bonus här <<
Klicka här för steg-för-steg XM Broker Kontoöppning Guide
#2 – Ficka Alternativ
- Gratis +50% Bonus att börja handla omedelbart
- 9.6 Totalbetyg!
- Krediteras automatiskt till ditt konto
- Inga dolda villkor
- Acceptera usa-invånare
How to install Pivot Point Indicator for MT5.mq5 to your MetaTrader 5 Diagram?
- Download Pivot Point Indicator for MT5.mq5
- Copy Pivot Point Indicator for MT5.mq5 to your Metatrader 5 Katalog / Experter / Indikatorer /
- Starta eller starta om din Metatrader 5 Klient
- Välj Diagram och tidsram där du vill testa din mt5-indikator
- Sök “Anpassade indikatorer” i din Navigator mestadels kvar i din Metatrader 5 Klient
- Right click on Pivot Point Indicator for MT5.mq5
- Koppla till ett diagram
- Ändra inställningar eller tryck på ok
- Indicator Pivot Point Indicator for MT5.mq4 is available on your Chart
How to remove Pivot Point Indicator for MT5.mq5 from your Metatrader 5 Diagram?
- Välj diagrammet där är Indikatorn igång i din Metatrader 5 Klient
- Högerklicka i diagrammet
- “Listan Indikatorer”
- Markera indikatorn och ta bort
Pivotpunktsindikator för MT5 (Gratis nedladdning)
Klicka här nedan för att ladda ner:
