Wednesday, January 17, 2018

Monthly Pivots With Time Shift

Monthly Pivots With Time Shift And Alerts


introduction

Monthly pivots indicator calculates and displays the monthly pivot levels
on MT4 charts. The indicator allows the trader to customize window
calculations so that the pivots can be synchronized with the market, to
which the trader is active. Thus, traders who want to trade at the opening
London (London open) or American (US open) session may
configure the base pivot system computation so that the pivots
their plots were the same as in the majority of market participants.


All pivot system on the FX AlgoTrader use hourly data for
Pivot your computing ... which means that you can set up your
Pivot calculations window up to an hour !! ... This also means that
you can ask very precise pivot levels to be accurate
almost to the levels pip promulgated by leading authorities,
such as Mataf.





An indicator:


  • Shift for Calculation Start Time: Integer values,
    representing the clock - can be positive or negative -
    positive values ​​retard calculation basis
  • Shift for Calculation End Time: Integer values,
    representing the clock - can be either positive or negative -
    positive values ​​retard calculation basis
  • Enable Alert on MR3-MS3 (13 levels) : If set to 'true'
    the system will follow the price movement and prevent a trader,
    if it will come to the specified range of the active level of the pivot,
    defined parameter Pivot Trigger Threshold
  • Pivot Trigger Threshold: determines the active channel
    trigger alerts about any pivot points that have included
    alerts - integer value in pips.
  • Send Email Alerts: If set to 'true', then the system will send an email-notification to the specified address
  • Alert Sound: This allows the trader to choose any wav-file from the Sounds folder in MT4
  • Max number of Alerts: Sets the maximum allowed number of alerts for a given cycle alerts.
  • Show Intermediate 'M' Levels: If set to true, then it displays the levels of M
  • MR3-MS3 Colour: Sets the color for each level of the pivot.
  • Line Style: Sets the line style for the pivot levels - Solid (Solid), dashed (Dash), Dot (Dot), etc.
  • Ray: If you specify 'true', it expands the pivot levels 'in the future'
  • Pivot Label Shift (periods): This allows the trader to shift the level of the pivot to the right or to the left for the period X - values ​​can be either positive or negative
  • M1-MN1 Line Lengths: It allows the trader to specify the length of the lines for each schedule period
  • Show Pivot Calculation Data Window: If you specify 'true', then computing the data window will be shown on the chart
  • Calculation Data X Position: Sets the x coordinate for the data window
  • Calculation Data Y Position: Sets the y coordinate of the data window
  • Calculation Data Colour: sets the color of the data window
  • Calc Data Font Size: Sets the font size of the data window
  • Vis_M1_Chart-Vis_MN1_Chart: This allows the trader to determine whether to display pivots for a certain period schedule
  • Show Calculation Points: If set to 'true', then the start and end points calculation window will be displayed on the graph points
  • Calculation Point Colour: Determines the color point calculation window
  • Show Previous Month's High / Low: If set to 'true', then you will see the highs and lows of the previous month
  • Previous Month's High / Low Colour: Sets the color of the highs and lows of the previous month
  • Last Month's High Text: Sets the text displayed for the previous month's high level
  • Last Month's Low Text: Sets the text displayed for the previous month's low level

Monthly Pivots With Time Shift

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