Pivots
Pivots — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to pivot points (daily or weekly support / resistance levels). It can send alerts. It has 25 settings, for example Alerts (default false), GMTshift (default 0) and Label Shift (default 20). 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 Pivots
Pivots is an indicator for MetaTrader 4. It can alert you with a pop-up, sound, email or push message. It has 25 settings, such as Alerts, Gm tshift and Label shift. MQL source code included.
Files in the download: Pivots.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Alerts | false | Turn this alert on or off |
| Gm tshift | 0 | Bar shift (0 = current bar) |
| Label shift | 20 | Bar shift (0 = current bar) |
| Line shift | 40 | Bar shift (0 = current bar) |
| Pivot | true | |
| Pivot color | Yellow | Colour on the chart |
| Pivot font color | White | Colour on the chart |
| Pivot font size | 8 | |
| Pivot width | 1 | |
| Pip distance | 20 | Distance between orders |
| Cams | true | |
| Cam font color | White | Colour on the chart |
| Cam font size | 10 | |
| Fibs | false | |
| Fib color | Sienna | Colour on the chart |
| Fib font color | White | Colour on the chart |
| Fib font size | 8 | |
| Standard pivots | false | |
| Standard font color | White | Colour on the chart |
| Standard font size | 8 | |
| Support color | White | Colour on the chart |
| Resistance color | FireBrick | Colour on the chart |
| Mid pivots | false | |
| Mid pivot color | White | Colour on the chart |
| Mid font size | 8 |
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 · Alerts · MT4 Indicator · MQL4 Source Code