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All Pivot Points Indicator for MT5 Download - Free - [TradingFinder]

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MetaTrader4

MetaTrader5

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All Pivot Points Indicator for MT5 Download - Free - [TradingFinder]
All Pivot Points Indicator for MT5 Download - Free - [TradingFinder] 0
All Pivot Points Indicator for MT5 Download - Free - [TradingFinder] 1
All Pivot Points Indicator for MT5 Download - Free - [TradingFinder] 2
All Pivot Points Indicator for MT5 Download - Free - [TradingFinder] 3
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The All Pivot Points Indicator is based on historical price data, such as the Open Price, High, and Close Price. This tool allows the calculation of four different types of pivot points.

This MT5 Fractal Pivot Point indicator Mdraws six support and resistance levels in the classic pivot point mode.

Specifications of the All Pivot Points Indicator

The specifications of the All Pivot Points Indicator are presented in the table below:

Category

Fractal Pivot Point - Levels & Zones - Support & Resistance

Platform

MetaTrader 5

Skill Level

Intermediate

Indicator Type

Reversal - Continuation - Breakout

Time Frame

Multi Time Frame

Trading Style

Scalping - Day Trading

Markets

All Markets

Bullish Trend Conditions

Based on the Bitcoin (BTC) chart on a one-hour timeframe, the price has reached the support level "S1" and is moving bullish.

If the price successfully breaks through the resistance levels "R1, R2, and R3," the trend will likely move towards higher price levels.

Analyzing the Bullish Trend with the All Pivot Points Indicator
Identifying Buy Trade Positions with the All Pivot Points Indicator

Bearish Trend Conditions

According to the 15-minute chart of the NZD/USD pair, the resistance level "R1" has worked well, and after hitting this level, the price has moved bearish.

As shown in the image, the trend has broken through the support levels "S1 and S2," indicating the strength of the bearish trend.

Breaking Support Levels in the All Pivot Points Indicator
Analyzing the NZD/USD pair chart with the All Pivot Points Indicator

Settings of the All Pivot Points Indicator

The settings related to the All Pivot Points Indicator are displayed in the image below:

Settings Box of the All Pivot Points Indicator
Reviewing Customization Options in the Settings of the All Pivot Points Indicator
  • Calculation Method: Determines the type of pivot point calculation
  • Calculation Period: Defines the period for pivot calculations
  • Number of Periods: Sets the number of past periods for pivot calculations
  • Show Mid Pivots: Enables or disables mid-pivot levels between the main lines
  • Show Pivot: Activates the display of the main pivot point
  • Show levels (S1, S2, S3, S4): Enables support levels
  • Show levels (R1, R2, R3, R4): Enables resistance levels
  • Color of Pivot: Sets the color of the main pivot level
  • Color of (S1, S2, S3, S4): Defines the colors of support levels
  • Color of (R1, R2, R3, R4): Defines the colors of resistance levels
  • Style of Pivot: Adjusts the visual style of the main pivot point
  • Style of (S1, S2, S3, S4): Modifies the visual appearance of support levels
  • Style of (R1, R2, R3, R4): Modifies the visual appearance of resistance levels
  • Width of Pivot: Sets the thickness of the main pivot line
  • Width of (S1, S2, S3, S4): Adjusts the thickness of support levels
  • Width of (R1, R2, R3, R4): Adjusts the thickness of resistance levels
  • Line labels: Enables label display

Note: The All Pivot Points Indicator has been reviewed using default settings and the classic pivot type.

Conclusion

The All Pivot Points Indicator, as one of the MT5 levels indicators for determining support and resistance, calculates levels based on daily and weekly timeframes. Additionally, it can identify price breakout levels.

This indicator also provides a flexible settings panel that allows extensive customization options, such as selecting the timeframe for calculations, determining the type of pivot point, and other personalization settings.

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FAQs

How can I change the pivot point type?

You can change the pivot point calculation type through the "Calculation Method" option in the settings section.

What are the lines drawn by the pivot point indicator used for?

The lines drawn serve as support and resistance levels.

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