PRO Pivots (inovative pivots display)

[Phil_RX]

OVERVIEW :



DESCRIPTION :
PRO PIVOTS is of course dealing with this very well known indicator that is the daily pivot point and its support and resistance levels. There is no need to explain what this indicator is as its one the first one that new trader have to to deal with ! But to make it PRO, it had to be pushed a little further ! This PRO PIVOT is actually using the same auto hide function that the one implemented inside the PRO VOLUME PROFILE. You set a proximity zone in pips away for the currently traded price and everything outstide this range will be hidden. Keeping your chart clean and only displaying what need to be seen. You’ll have the ability to customise everything. There is also a built in camarilla pivot generator that some scalpers are big fan of ! There is also the ability to show the previous day’s highest and lowest levels that have proven their reliability to be powerful supports & resistance in trend moving days.


DOWNLOAD :

PRO Pivots.bin

(6.08 KiB) Downloaded 600 times

(Dark Backgound preset, updates & support via the website)
More free & paid indicators available here : http://pro-indicators.com

Post updated for TS v 1.14.xxxx

[jrichardson83]

Fantastic indie. Love the fully customizing functionality. However, it must be said that it is hogwash to state that most traders don't like default pivots because they clutter up the chart with irrelevant data. While the most relevant pivot levels are those nearest to price, they are only the most relevant at that particular time. Knowing where the next pivot levels are, and this may mean having them plotted on the chart at all times, is very useful in calculating target or stop levels or for possible price projections. Of course, one can figure those levels out before hand, plot them manually and then remove the pivots in order to clean up the chart. I think that's where the PRO pivots might come in handy.

[Phil_RX]

You're absolutely right ! That was personal judgment and had nothing to do in a description ! I was just trying to stress why I came up with such idea

[Apprentice]

Bump up.