Though daily pivot is the most common pivot used, ‘Daily’ is not the only timeframe used for pivot trading. Many traders use pivot lines also in lower timeframe such as 4 hour pivot, 1 hour pivot and 15 minute pivot etc.
However manually calculating pivot for a timeframe lower than 4 hour is quite tedious, mostly [...]
This is custom metatrader4 (mt4) indicator. This mt4 indicator draws support and resistance lines based on technique I wrote on this support and resistance article. You can use it on your preferred timeframe and currency pairs.
A friend of me built this custom forex indicator for me few month ago. Before you use it, you better [...]
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(eden):i need that indicator. i tried so many stupid ea and indicators, free and commercials....