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MT4-402

PIVOT POINT DASHBOARD

 

Pivot Points can be used as a primary support and resistance level, thus making it a good spot to set your stop loss and take profits. Pivot Point levels along with other indicators can be used for trend detection and confirmation. As a rule of thumb, if the current price is above the Primary Pivot (PP), then the trend is bullish, and if the price is below the Primary Pivot, then the trend is bearish.

PRODUCT FEATURES

  • Pivot Level BreakOut Alert : The indicator notifies you when there is a breakout on any pivot level by x-pips (customizable).
  • The five (5) major Pivot Systems: This dashboard features the five major Pivot Point Systems which are Standard Pivot, Camarilla, Woodie, Fibonacci and DeMark.
  • Multi-Currency: The dashboard shows Pivot Statistics for all currency symbols in the Market Watch window.
  • Multi-Timeframe: Pivots Dashboard has four (4) major timeframes including a user defined custom timeframe. The timeframes available include Daily, Weekly, Monthly and a user defined custom timeframe.
  • Trend Detection: The Dashboard displays the current market trend using an advanced Pivot Strategy.
  • Scrollbar: The Dashboard has an in-built scrollbar for easy view.
  • Window Resize: The Dashboard allows window resize for convenience and easy view.
  • Chart Display and Update: On the click of any currency line on the dashboard, the chart of the pair is opened and the Pivot Lines are displayed on the chart. The pivots for every opened chart are auto-updated.
  • Novice and Pro compatibility: We have designed this product to be both easily usable by novice yet extensive for professionals. So, if you are a novice and do not want to concern yourself with Pivot Point technicalities, then just switch to Novice mode. If you are a professional and want to extensively define your pivot point levels, then just switch to Professional mode.

INPUT MENU

  1. pivot_display_mode (Novice/ Professional): Dropdown menu to select the mode of pivot point display on the chart
  2. line_display_mode: Dropdown menu, option 1 = right display, option 2 = full width display
  3. chart_trend_display: Display trend on charts
  4. default_chart: Default chart period when opening charts from dashboard
  5. custom_time frame: User defined timeframe to use for Pivot Point calculation
  6. daily_pivot_display: Enable/disable daily pivot lines if display mode is Professional
  7. weekly_pivot_display: Enable/disable weekly pivot lines if display mode is Professional
  8. monthly_pivot_display: Enable/disable monthly pivot lines if display mode is Professional
  9. custom_pivot_display: Enable/disable custom pivot lines if display mode is Professional
  10. Line_Style: Pivot Level lines styles
  11. labels_display: Display Pivot Point labels
  12. label_text_size: Text size
  13. support_color: Support colors (S1, S2, S3)
  14. resistance_color: Resistance colors (R1, R2, R3)
  15. pivot point_color: Primary pivot color
  16. label_text_colorText colors
  17. Upper Panel Color: Dashboard upper panel color
  18. Fore Ground Color: Panel foreground color
  19. Pivot Breakout Alert : Enable/Disable notification
  20. Minimum Breakout Distnace(pips) : Breakout distance x-pips
  21. Enable PopUp Notification : true/false
  22. Enable Email Notification : true/false
  23. Enable Phone Notification : true/fals

SCREENSHOTS

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