Hi, Apologies in advance, I know this question has been asked several times. Apologies in advance, I know pivot point indicator for mt4 forex indicators question has been asked several times.
For the record, does anyone know of the best pivot point calculator for MT4, one that does daily, monthly and weekly and knows how to ignore weekend figures. I searched these forums and tried many pivot indicators. Most do not work as well as hoped, as they differ in calculations, graphical quality and configurability. And, in addition, does anyone know of a good website that shows up-to-date pivot points on FX charts, so that I can compare against the MT4 pivots to see if they are working properly!
Pivots levels come into play at different times. The trick is to find them before the prices gets to them. They could be weeks back or even months. You have to search and look around at both weekly and daily charts.
The best type of chart software is a professional “independent” charting software such as Teletrader Professional. 3 months free trial of the charting software. First is daily pivots, second is a rehash I did to display monthly pivots. Don’t install unless you have a clue.