Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4

382
Here is a new updated version of an indicator posted here
viewtopic.php?p=1295448729#p1295448729

Adjusts automatically to time-frame and symbol. Some other corrections made to code and also to avoid overlapping zones.
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Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4

388
mrtools wrote: Mon Nov 29, 2021 6:11 am Not sure but try it out.
Image
Thnaks mr.tools
i am using HIGHLOW tend zigzag and i noticed the update zigzag is not match the period. can you adivse what is the issue
i like HIGHLOW TREND zigzag and its more easy tog et MW PATTERN in smaller period
see snap
red zigzag line is latest one
blue and red with dot is highlow trend zigzag.
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"There is NO GOD higher than TRUTH" - Mahatma Gandhi

IdeaRe: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4

389
Dynamic Pivots for all timeframes

PS: For the updated version which has a toggle button, please see Kvak's code: Dynamic Pivot Points for all timeframes (Toggle Button).

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()
These users thanked the author mrtools for the post (total 3):
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