Pivot point indicator for mt4

The indicator automatically draws important Pivot Points using the most popular methods: Classical (Floor), Camarilla, Woodie và Fibonacci


The indicator automatically draws important Pivot Levels in the MT4 terminal using the most popular calculation methods: Classical, Camarilla, Woodie, Fibonacci, CPR.

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It"s probably one of the best Pivot indicators for MT4. Also, it is absolutely miễn phí and available for download without registration.

How to lớn Use Pivot Points

The very essence of trading with Pivot Points is based on the idea that the price tends to lớn reach yesterday"s cthua point much more often than to overcome the previous day range. That"s why the most popular calculation period for Pivot Points is Daily.

In that context, all Pivot levels play the role of tư vấn & resistance.


While analyzing the chart, we can see multiple price interactions with these levels.

Also, one of the advantages of the Pivot indicator is its popularity, as the more traders use the same tool, the more likely the price will interact with it.

Calculation Modes and Formulas

For calculating levels, HIGH (H), LOW (L) and CLOSE (C) data for the previous period are used, usually, it is a day, week, month or hour.

While calculating Pivots the concept of RANGE (R) is also used. Its value is determined by the formula: H – L.

PP – Pivot Point;S1-S4 – Support levels;R1-R4 – Resistance levels.

You should also consider the differences between the Forex market and the Stoông xã market.

Initially, Pivot levels were used in the stochồng market, where the previous day"s closing price is very important và significantly affects the traders" behavior psychology during the next day. In contrast, Forex works around the cloông xã, so the over of the trading day coincides with the beginning of the next one.

Classic (Floor)

The most comtháng method of calculating Pivot Points. The main (blue) line here plays the role of a key support/resistance cấp độ.

PPhường = (H + L + C) / 3 R1 = (2 * PP) – L R2 = PP.. + RANGE R3 = PPhường. + RANGE * 2 R4 = PPhường + RANGE * 3 S1 = (2 * PP) – H S2 = PPhường – RANGE S3 = PP – RANGE * 2 S4 = PP.. – RANGE * 3


Camarilla levels are located much closer to the current price, therefore, interactions with them occur much more often. This technique is suitable for those who persize short-term trades.

R1 = C + RANGE * 1.1 / 12 R2 = C + RANGE * 1.1 / 6 R3 = C + RANGE * 1.1 / 4 R4 = C + RANGE * 1.1 / 2 S1 = C – RANGE * 1.1 / 12 S2 = C – RANGE * 1.1 / 6 S3 = C – RANGE * 1.1 / 4 S4 = C – RANGE * 1.1 / 2 PP.. = (S1 + R1) / 2

Please note, above PPhường formula is somewhat different from the generally known Camarilla method. Here we offer you a modified calculation, as using the traditional approach, we get a màn chơi that does not correspond khổng lồ the xúc tích và ngắn gọn of other tư vấn and resistance levels.


This technique is similar to the classical one, but more attention is given to the closing price of the period while calculating the basic PPhường line.

PPhường = (H + L + (C * 2)) / 4 R1 = (2 * PP) – L R2 = PP. + RANGE R3 = R1 + RANGE R4 = R3 + RANGE S1 = (2 * PP) – H S2 = PPhường – RANGE S3 = S1 – RANGE S4 = S3 – RANGE


The theory of Fibonacci numbers is commonly used in the Forex market. Pivot Points is not an exception. According to this method, the levels of resistance và support are determined by multiplying the range (R) to lớn the corresponding Fibonacci numbers.

PP = (H + L + C) / 3 R1 = PP. + (R x 0.382) R2 = PP + (R x 0.618) R3 = PPhường. + (R x 1.000) R4 = PPhường + (R x 1.618) S1 = PP – (R x 0.382) S2 = PPhường. – (R x 0.618) S3 = PP.. – (R x 1.000) S4 = PP + (R x 1.618)

Central Pivot Range (CPR)

It is a more expanded version of the classic Pivot Point calculation techniques. This indicator differs from the others in that it does not have usual tư vấn và resistance levels. Instead, here we have sầu three pivot lines: a central one & the upper & lower boundaries, which khung the Central Pivot Range.

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The CPR formula looks like this:TC = (Pivot – BC) + PivotPivot = (High + Low + Close)/3BC = (High + Low)/2

Here we have:TC – Top Central Pivot;Pivot – Central Pivot;BC – Bottom Central Pivot.

CPR helps a trader lớn forecast the future market situation by analyzing over days whether the pivots are higher or lower, or whether the range width is narrowing or widening.

For example, if Cquảng bá is narrow for multiple days, it usually indicates the major breakout or breakdown in the nearest future. Or when the market is closing with the price above sầu the day"s Clăng xê, it might be a signal for the bullish trends for the next day.

Which of these Pivot Points calculation methods is the best? There is no best or worst method. In fact, each of them can work, & you should make a choice based on your beliefs in trading.

Indicator Settings

The indicator is designed in the "All In One" format. This means you can customize it according khổng lồ your wishes, as we did our best lớn include all of the most popular functions in this MT4 indicator.

Please, liên hệ us if you have sầu any special wishes or improvement ideas, we will gladly consider them.


Calculation Method – select the method of Pivot Points calculation: Classical, Camarilla, Woodie, Fibonacci. The formulas for each method are described above sầu.

Calculation Period – It determines the period for which the values of High, Low, Cthua will be taken.

Available periods:


Number of Periods to show. The number of previous periods to lớn be displayed on the chart. This parameter is not taken inlớn tài khoản if the option "Show only the current period" is set.

Show Only Recent Period. Display one or more calculation periods.

Depth of Levels – limits the number of displayed tư vấn & resistance lines on the chart.

Right Shift – continue the line to the full length of the right indent on the chart.

Màu sắc Scheme – automatic detection of the color scheme for the indicator. It is also possible khổng lồ change the background color manually.

How to lớn add PivotPoints.All-In-One in MT4

Follow the instructions below to install the Indicator lớn your MT4 terminal:

Download the ZIP-archive sầu with PivotPoints.All-In-One indicator tệp tin by clicking the link at the top of the page;Unzip the file into the MQL4/indicators folder of your terminal;Restart the MT4 terminal;Run the indicator by double clicking the indicator name in the MT4 Navigator;Cheông chồng the "Allow DLL imports" box & clichồng "OK";The indicator will be displayed on the chart;Adjust the indicator’s settings according to lớn your needs: press CTRL+I, select the indicator from the menu, & switch to the "Inputs" tab.

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If you have sầu any difficulties while installing the indicator, please view the detailed instruction.