Pivots Daily.

Another version of the well-known indicator, which is designed to calculate Pivot levels , the resulting graphic lines can be used when conducting technical analysis of the Forex market.

Pivots Daily - developed on the basis of a standard script with the addition of some improvements in operation.

The convenience of this particular tool lies in the absence of a large number of settings; after launching it, you just need to enter the number of bars that will be used in the calculations.

This allows for a quick launch, and the resulting Pivot levels will fully correspond to your timeframe.

Download the Pivots Daily indicator.

By installing the indicator in the trader's terminal and adding it to the desired chart, you get a large number of green lines (levels). You can estimate their number on H4; the lines are presented in three color options - green, blue and red.

Depending on the color, the levels characterize a certain period of the trend:

• Green - Pivot level for today.
• Blue - Pivot for yesterday.
• Red - weekly level.

Thanks to three level options, you can more fully assess the current market picture and make a truly correct decision.