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SDX-Tz Metatrader 4 Pivot Point Indicator

    The SDX-Tz pivot point indicator for Metatrader 4 is one of the most complete pivot point indicators I have ever seen.

    SDX-Tz draws the pivot point along with its support and resistance levels on the chart (PP, S1, R1, S2, R2, S3, R3) + sub levels (MS1, MR1, MS2, MR2, MS3, MR3) and Camarilla pivot point levels.

    Sub levels may be useful to find entry and exit points.

    General Assumptions

    Bullish: Price above the pivot point
    Overbought: Price above resistance point 2 (R2)
    Extremely overbought: Price above resistance point 3 (R3)

    Bearish: Price below the pivot point
    Oversold: Price below support point 2 (S2)
    Extremely oversold: Price below support point 3 (S3)

    Indicator Preferences

    Currency pairs: any

    Preferred Time frames: any

    Sessions: N/A


    Download the SDX-TzPivots.ex4 indicator.

    Configurable Indicator Options

    LocalTimeZone, LineStyle, ShowHighLowOpen, ShowPivots, ShowCamarilla, ShowLevelPrices, ShowMidPitvot, colors

    USD/JPY H1 Chart Example


    How to install the SDX-Tz custom indicator in Metatrader 4?

    • Download the SDX-TzPivots.ex4 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.