Pivot Points – daily, weekly, monthly – for MetaTrader4 – download

In this section you can download Pivot Points for MetaTrader4:

download daily, weekly, monthly Pivot Points indicator for MetaTrader4

I tried to find the best Pivot Points indicator for a long time. I like this one the best, because of possible options. You can select periods for Pivot Points calculation, you can draw:

  • 1-hour Pivot Points
  • 4-hour Pivot Points
  • daily Pivot Points
  • weekly Pivot Points
  • yearly Pivot Points

This indicator also draws Pivot Points history. This is a great option, because it helps to analyze trading system on historical price action. When you are trading Forex, you should pay attention to the Pivot Points. It works great on Forex pairs but also Pivot Points are in use by traders in CFD handel.

About Pivot Points

Pivot Points lines are calculated based on previous open, high, low, close data. So if we are using daily Pivot Points then lines are calculated on open, high, low, close from previous day. On chart we have:

  • Pivot line – middle line
  • resistance lines – R1, R2, R3… They are above Pivot line and are possible reversal levels when price is going up
  • support lines – S1, S2, S3… They are below Pivot line and are possible support levels when price is going down
  • middle lines – with MM labels – lines in the middle between supports and resistance lines

pivot-points-metatrader-mt4

You can use Pivot Points in trading Forex, stocks, commodities and other instruments.

Installation

Unzip file.
In Metatrader4 open File menu (left top) and select Open Data Folder. You should see a new window with MT4 folders and files. Something similar to the screen below:

metatrader4 folder

Go to unzipped folder. Move content from MQL4/Indicators to the same folder in MT4 window.
Do the same with templates. Go to the Templates folder and copy content to the same folder in MT4 window.

Questions? Leave a comment and I will try to help you.

33 Comments

  1. Umut November 14, 2015
    • Quoc Huy March 7, 2018
      • simon April 22, 2018
  2. simon December 12, 2015
  3. Solomon December 31, 2015
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  5. hamilton November 18, 2016
    • simon December 9, 2016
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    • simon June 20, 2017
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    • simon September 3, 2017
  10. Anthony September 2, 2017
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  11. Cyril November 1, 2017
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  13. ramzam November 16, 2017
    • simon November 17, 2017
  14. Craig March 18, 2018
    • simon April 22, 2018
  15. Elliot April 22, 2018
    • simon April 22, 2018
      • Elliot DeBonee April 27, 2018
  16. Kien April 28, 2018
  17. Elliot May 25, 2018
    • simon July 8, 2018
  18. myles June 1, 2018
    • simon July 8, 2018
  19. danushka September 27, 2018
    • simon October 9, 2018

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