[Hamster-Coder] Pivot Points (Demo)
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02/08/2025
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Seit 09/06/2025
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📌 Current Version

!!! This is [Hamster-Coder] Pivot Points (Demo) - check "Available Versions" section for full information about MOD differences.

Ensure the displayed version on the chart matches this value:

Version: v1.1.11
Version Date: 2025-08-02 03:00:00


🔧 Available Versions

🔹 MTF Version (Multi-Timeframe) - [Hamster-Coder] Pivot Points MTF

The MTF version is the most powerful variant of indicator.
It includes full multi-timeframe support, allowing users to select any custom timeframe for pivot point calculation, independent of the chart's timeframe.
Ideal for identifying higher-timeframe structures and key breakout levels while trading on lower timeframes.

🔹 Standard Version - [Hamster-Coder] Pivot Points

The standard version contains of features of **[Hamster-Coder] Pivot Points MTF ** except multi time frame support selection.

🔹 Demo Version - [Hamster-Coder] Pivot Points (Demo)

The demo version contains of features of [Hamster-Coder] Pivot Points except fixed left and right parameters. This version is intended for preview purposes, allowing users to see how the indicator looks and behaves on the chart before purchasing.


📖 Description

The [Hamster-Coder] Pivot Points is a flexible pivot point indicator of the Hamster-Coder™ Algo Series that detects local highs and lows (pivot points) based on a user-defined source — such as highlowclosehl2ohlc4, and more. It helps trader to:

  • See the broader market structure and trend
  • Identify breakout levels with higher relevance
  • Use HTF pivots as dynamic support/resistance


🧠 Hamster-Coder™ Algo Series

This indicator is part of a powerful toolkit implementing Timeframe Decoupling — a proprietary concept allowing you to assign separate timeframes to each key parameter.
The result: true multi-timeframe analysis on a single chart — a game-changing capability for modern traders.

🔎 To explore more indicators from this series, search for “Hamster-Coder” in the cTrader platform.


🚀 Key Features

  • 🧠 Timeframe Decoupling (series feature)
    Assign independent timeframes to components like the basis (e.g., moving average) and deviation source for precision control.
  • 🕒 Multi-Timeframe Price Inputs
    Choose from OpenCloseHighLowHL2HLC3HLCC4, or OHLC4 — from any available timeframe.
  • ⚡ Real-Time Adjustments
    Change parameters after the indicator is applied — something not possible with default source properties in cTrader.
  • Adjustable Sensitivity
    Fine-tune the pivot detection using Left and Right bar count (Periods), controlling how many bars before and after must confirm the extremum.
  • 🔌 Seamless Integration
    Designed to work perfectly with both manual trading and automated strategies.


🛠️ How to Use

  1. Apply to Chart – e.g., on a 1m chart
  2. Select Pivot High Source – e.g., High
  3. Select Pivot Low Source – e.g., Low

➡️ *You will now see 5m high pivot points and 15m low pivot points

Also you can remove pivot point labels from the chart (most useful when used in robots)


✅ Version Check

Set Show Version = Yes to display the current version in the bottom-right corner of the chart.

  • ✅ Make sure this version matches the "Current Version" listed at the top of this description.
  • ❗ If there's a mismatch — contact support or reach out to the developer directly.


🙋‍♂️ P.S.

Happy trading!
Feel free to leave comments with suggestions, feature requests, or inquiries about custom development.

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