What is the best Pivot Point indicator for MetaTrader (MT4)

This is a discussion on What is the best Pivot Point indicator for MetaTrader (MT4) within the Trading Software forums, part of the Commercial category; Hi, Apologies in advance, I know this question has been asked several times. For the record, does anyone know of ...

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Old May 10, 2010, 10:41am   #1
Joined Jun 2009
What is the best Pivot Point indicator for MetaTrader (MT4)

Hi,

Apologies in advance, I know this question has been asked several times.

For the record, does anyone know of the best pivot point calculator for MT4, one that does daily, monthly and weekly and knows how to ignore weekend figures.

I searched these forums and tried many pivot indicators. Most do not work as well as hoped, as they differ in calculations, graphical quality and configurability.

And, in addition, does anyone know of a good website that shows up-to-date pivot points on FX charts, so that I can compare against the MT4 pivots to see if they are working properly!

Thanks
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Old May 12, 2010, 5:06am   #2
Joined May 2006
Re: What is the best Pivot Point indicator for MetaTrader (MT4)

Hi
There is no "best Pivot indicator"

Pivots levels come into play at different times. The trick is to find them before the prices gets to them. They could be weeks back or even months. A former high or low. You just never know! You have to search and look around at both weekly and daily charts.

The best type of chart software is a professional "independent" charting software such as Teletrader Professional.

Go here www.chart-workshop.de and sign up for 3 months free trial of the charting software.
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Old May 26, 2010, 8:08pm   #3
Joined Jan 2008
Re: What is the best Pivot Point indicator for MetaTrader (MT4)

pivotcustom_4timeframes.mq4
&
sdx pivots

best by far
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Old May 26, 2010, 9:22pm   #4
 
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Joined Jul 2007
Re: What is the best Pivot Point indicator for MetaTrader (MT4)

Try these. First is daily pivots, second is a rehash I did to display monthly pivots. Don't install unless you have a clue.
Attached Files
File Type: mq4 DeMarker Pivots.mq4 (3.5 KB, 4786 views)
File Type: mq4 DeMarker Pivots MN.mq4 (3.5 KB, 2165 views)
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Old Jun 22, 2010, 5:56pm   #5
Joined Jan 2008
Re: What is the best Pivot Point indicator for MetaTrader (MT4)

Quote:
Originally Posted by francisfinley View Post
pivotcustom_4timeframes.mq4
&
sdx pivots

best by far
other pivot indys i also use


AllPivots_v2
FXI Pivots
FiboPiv_v2
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Old Jul 31, 2010, 12:24am   #6
 
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Joined Jun 2010
Re: What is the best Pivot Point indicator for MetaTrader (MT4)

I buy daily, weekly and monthly pivot point indicators, here you can find copy it's only $24. There is free trading strategy with indicators for free.

http://www.metatraderstrategy.com/pi...t4-indicators/
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Old Jan 5, 2012, 7:50am   #7
Joined Oct 2006
Re: What is the best Pivot Point indicator for MetaTrader (MT4)

I've seen quite a few people using pivots from a company called FX AlgoTrader.

From what I understand they have some additional features such as configurable alerts and time shifting to suit traders in different time zones who want to synch their pivots to European or EST timezones.
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