Dynamic pivots – any time frame

Indicators MetaTrader 4 Free

Based on the Austin Passamonte’s idea , this indicator calculates pivots for any time frame (provided that the chosen time frame is higher than the chart time frame).

Two modes of calculation :

  • original (when it calculates as in the  Austin Passamonte’s idea)
  • or alternate mode (when it is more support / resistance inclined)

Recommendations:

  • You can use it as any pivots indicator