Pivot Points Indicator by ActivTrades

The competitive online broker ActivTrades offers numerous very useful and helpful trading tools for both the MetaTrader 4 and MetaTrader 5 trading platforms, and the Pivot Points Indicator is one of them. Pivot points are often used by professional traders as a predictive indicator of market movements and now you have the opportunity to use this specially developed for MT4 and MT5 indicator to do the same. 

The Pivot Points Indicator displays three levels of Support and Resistance. The lines displayed on the chart represent the Pivot Point (Orange) as well as Support and Resistance levels (Dark Blue, Maroon and Green). If the price is above the Pivot Point, the market is usually considered as bullish, whereas price below the Pivot Point is usually seen as a bearish market. Supports and resistances help determine potential reversals levels of the current market trend.

Learn more about the Pivot Points Indicator and access it here.