Pivots Week 4
From the Old Kings archive: Pivots Week 4, an indicator for MetaTrader 4. Judging by its name, it is built around pivot points (daily or weekly support / resistance levels). It has 5 settings, for example Count Periods (default 5), Time Period (default W1) and Plot pivots (default true). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Week 4
Pivots Week 4 is an indicator for MetaTrader 4. It has 5 settings, such as Count periods, Time period and Plot pivots. MQL source code included.
Files in the download: Pivots Week.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Count periods | 5 | Number of bars in the calculation |
| Time period | W1 | Period or timeframe used by the calculation |
| Plot pivots | true | |
| Plot middle | False | |
| Plot camarilla | false |
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