Forex Pivot Star Trading Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Pivot Star Trading Indicator. As the name suggests, the idea behind it is pivot points (daily or weekly support / resistance levels). It has 37 settings, for example Pmode (default Standard), Period (default PERIOD_H1) and HLINE (default false). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Star Trading Indicator
Forex Pivot Star Trading Indicator is an indicator for MetaTrader 4. It has 37 settings, such as Pmode, Period and HLINE. MQL source code included.
Files in the download: installation manual.txt, Pivot_Star.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Pmode | Standard | Pivot Mode |
| Period | PERIOD_H1 | Pivot Time Frame |
| HLINE | false | Full Horizontal Lines |
| X shift | 3 | X-Axis Shift |
| X len | 25 | Line Length |
| Label corner | TopRight | Label Corner |
| Level pp | SpringGreen | Pivot Point |
| Style pp | 0 | Line Style |
| Width pp | 1 | Line Width |
| Level r1 | Crimson | R1 |
| Style r1 | 2 | Line Style |
| Width r1 | 1 | Line Width |
| Level r2 | Crimson | R2 |
| Style r2 | 1 | Line Style |
| Width r2 | 1 | Line Width |
| Level r3 | Crimson | R3 |
| Style r3 | 0 | Line Style |
| Width r3 | 1 | Line Width |
| Level s1 | DodgerBlue | S1 |
| Style s1 | 2 | Line Style |
| Width s1 | 1 | Line Width |
| Level s2 | DodgerBlue | S2 |
| Style s2 | 1 | Line Style |
| Width s2 | 1 | Line Width |
| Level s3 | DodgerBlue | S3 |
| Style s3 | 0 | Line Style |
| Width s3 | 1 | Line Width |
| Display prev day hl | true | Display Previous Day's Hi/Lo |
| Level yh | MediumVioletRed | Yesterday's High |
| Style yh | 2 | Line Style |
| Width yh | 3 | Line Width |
| Level yl | MediumSlateBlue | Yesterday's Low |
| Style yl | 2 | Line Style |
| Width yl | 3 | Line Width |
| Font | Arial | Font |
| Font size | 8 | Font Size |
| Pivot bar | 1 | Bar (EXPERIMENTAL! current=0; default=1) |
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 · MT4 Indicator · MQL4 Source Code