The Pivots Custom Indicator is a free and popular Forex indicator for MT4. It is useful for both beginner and experienced traders as it helps to identify potential support and resistance levels. It is based on the calculation of the previous day’s high, low and closing prices to determine the current day’s support and resistance levels. With the Pivots Custom Indicator, traders can easily identify potential entry and exit points, as well as identify the optimal time to enter and exit the market.
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