The Live Charts Fib Pivots indicator is a useful tool for Forex traders who use the MetaTrader 4 platform. This popular free indicator helps traders identify potential support and resistance levels on the chart. The indicator automatically
draws Fibonacci retracement and pivot points on the chart, allowing traders to quickly identify key levels. The Live Charts Fib Pivots indicator is easy to use and requires no manual input. Once the indicator is added to the chart, it will automatically draw the Fibonacci retracements and pivot points. The indicator can be customized to display Fibonacci retracements based on the high and low of the previous day, week, or month. The indicator also allows traders to customize the time frames used for the pivot points. By using the Fibonacci retracements and pivot points, traders can quickly identify key levels where the price may reverse.
- Author ayaz
- Creation date
More resources from ayaz
-
MT5 LRMA Indicator“Identify market trends with precision using linear regression smoothing.” -
MT4 LRMA Indicator“Capture market trends with smoothed linear regression accuracy.” -
MT4 LRMA BB“Combine trend precision with volatility insights for smarter trades.” -
MT4 Low Frequency Filter MA“Smooth out market noise to catch the true trend.” -
MT5 Lot Calculator“Calculate your trade size accurately for smarter risk management.”