Forex Pivot Point With Adjustable Closing Time Indicator
From the Old Kings archive: Forex Pivot Point With Adjustable Closing Time Indicator, an indicator for MetaTrader 4. Judging by its name, it is built around pivot points (daily or weekly support / resistance levels). It draws arrows on the chart and can send alerts. It has 18 settings, for example closetime UTC (default 20), preview (default true) and Weekly Pivots (default false). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Pivot Point With Adjustable Closing Time Indicator
Forex Pivot Point With Adjustable Closing Time Indicator is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 18 settings, such as Closetime utc, Preview and Weekly pivots. MQL source code included.
Files in the download: installation manual.txt, pivotpoints.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Closetime utc | 20 | set the hour for use in PP calculation |
| Preview | true | display tomorrows PP |
| Weekly pivots | false | display weekly PP |
| Monthly pivots | false | display monthly PP |
| Midpoints | false | display midpoints |
| M pcolor | clrBlack | set color of midpoints |
| D p pcolor | clrBlack | set color of daily PP |
| D rcolor | clrTomato | set color of daily resistance pivots |
| D scolor | clrDeepSkyBlue | set color of daily support pivots |
| W p pcolor | clrDimGray | set color of weekly PP |
| W rcolor | clrMagenta | set color of weekly resistance pivots |
| W scolor | clrSeaGreen | set color of weekly support pivots |
| M p pcolor | clrDarkOliveGreen | set color of monthly PP |
| M rcolor | clrDarkOliveGreen | set color of monthly resistance pivots |
| M scolor | clrDarkOliveGreen | set color of monthly support pivots |
| D style | STYLE_SOLID | set line style of daily PP |
| W style | STYLE_DASHDOT | set line style of weekly PP |
| M style | STYLE_DASHDOT | set line style of monthly PP |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Pivot Points · Buy/Sell Arrows · Alerts · MT4 Indicator · MQL4 Source Code