From Mladen Rakic:

Based on the Austin Passamonte's idea , this indicator calculates pivots for any time frame (provided that the chosen time frame is higher than the chart time frame).


Two modes of calculation :

*original (when it calculates as in the Austin Passamonte's idea)
*or alternate mode (when it is more support / resistance inclined)






Recommendations:
*Use it as any other pivots
*Since the code is optimized (only last bar calculated on new ticks), it can easily be used from any other code via iCustom()

gaarmitaar wrote: Tue Aug 08, 2023 12:54 am Request the teacher to add alert on this wonderfull indicator when price closes above or below the support/resistance line

Merit is immesurable ! Thank you !




Support_and_Resistance_-_barry.mq5

Alerts should work but please test.

mrtools wrote: Tue Aug 08, 2023 6:42 am Alerts should work but please test.

works perfectly. Thank you very much

Sutatong wrote: Thu Feb 15, 2024 1:23 pm Mrtools, please make it similar in MT5.

Try.

mrtools wrote: Thu Feb 15, 2024 3:58 pmTry.

Thank you so much

hi any body have indicator like this or can code one pls mt5 or mt4

Pivot Points Lines

coder: NickBixy
date: Apr 15, 2020