The Pro4X Pivot Lines indicator is a complete Pivot Point indicator designed for MT4.
It automatically draws the most important support and resistance levels, and the Pivot Point itself on any chart and time frame.
It also includes the previous days range and time for next bar.
General Assumptions
Bullish: Price above the Pivot Point
Bearish: Price below the Pivot Point
Extremely Overbought: Price above R3
Extremely Oversold: Price below S3
Download
Download the Pro4X Pivot Lines.mq4 indicator.
EUR/USD 4 Hour Chart Example
How to install the Pro4X Pivot Lines custom indicator in Metatrader 4?
- Download the Pro4X Pivot Lines.mq4 indicator to your computer.
- Open your Metatrader 4 platform.
- Open the data folder from the top menu.
- Open the MQL4 folder.
- Open the indicators folder.
- Paste the indicator file in this folder.
- Restart the trading platform.
- Open any trading chart.
- Attach the indicator to the chart.