Dynamic pivots – any time frame – indicator MetaTrader 5
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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()Â
Dynamic Pivots - indicator MetaTrader 5 Based on the Austin Passamonte's idea, this indicator calculates intra-day pivots. This one is a version where default values for…
