TzPivots MT4 indicator - should be attached to the schedule with taymfreymom H1 or below. This indicator will display the pivot-point, as well as through support and resistance for intraday trading. He looks forward to their own formula, based on the previous trading session. You can use the line for entrance and exit positions.
Input parameters:
* LocalTimeZone (default = 0) - time zone of your server MT4. For example, if your server is in New York, then you should set this parameter equal to -5.
* DestTimeZone (default = 0) - time zone trading session in which you sell. For example, if you are trading in the London session, then you should set this parameter to 0.
* Other options - change the visual representation of the lines. Do not touch them.
If you are familiar with the pivot-points and lines of support and resistance, the use of this indicator will not cause you any questions. Central pivot-point line is a high probability of turn. The lines of support and resistance are much less powerful than they are farther from the central pivot line. The weaker line is, the price will be easier for her to break.
Download:
TzPivots in. Zip
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