Pivot Points

Modified on Wed, 29 Jan at 2:15 PM

The Pivot Points are one of the most widely used technical analysis tools for identifying potential support and resistance levels. They are calculated using the high, low and close prices of a previous period (usually daily, weekly or monthly). 


INDEX


  • General

  • Font size

           Allows you to change the size of the text.

  • Line width

Allows you to change the line thickness.

  • Line style

Allows you to choose the style of the line.

  • Label align

Allows you to choose the alignment of the text.

  • Period to show

It allows you to select the amount of periods to show.


  • Custom reference - TF

  • Enable Custom Reference

           Allows you to enable or disable custom parameters.

  • Type

Allows changing indicator parameters (minutes, hours, days and weeks).

  • Value

Allows you to change the values of the customizable parameter.


  • Color Settings

  • Pivot Point

Select the color of the pivot point.

  • R1

Select the color of the first level of resistance.

  • R2

Select the color of the second level of resistance.

  • S1

Select the color of the first support layer.

  • S2

Select the color of the second layer of support.


  • Custom Time Session

  • Enable Custom time Session

Allows you to enable or disable custom time zone.

  • Initial Time

Allows you to set the start time of the session.

  • End Time

Allows you to set the end time of the session.

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