The word “pivot”
means a turning point. The pivot points indicator was initially used by Futures
pit traders to increase their probability of entering in an instrument when it
was about to change direction. Today, we don’t longer need a piece of paper
with the pivot point levels written on them like those traders in the past
needed to have. With the trading platform we can get a better visual
understanding of the pivot point levels and we can trade more easily off those
levels. ActivTrades has created a pivot point indicator that can be installed
on your MetaTrader 4 or MetaTrader 5 trading platform. By having the pivot
points drawn directly on the charts, we can trade either the bounces or
breakouts of those levels and we don’t need to do any calculations, the
platform automatically gives us day by day the new pivot points. To download
the indicator please visit:
Take
advantage of this other great tool created by ActivTrades.
It's an incredibly useful indicator, thank you for sharing!
ReplyDeleteValuable information! Thanks.
ReplyDeleteThat is great to know, thank you!
ReplyDeleteGreat tool for traders.
ReplyDeleteVery informative article, thanks for sharing!
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ReplyDeleteVery useful post, Thanks for sharing.
ReplyDeleteIt would be very helpful that we could download the indicator.
ReplyDelete