Pivot Points Indicator

The Pivot Points is a technical indicator for the cTrader platform that automatically calculates and displays pivot points as trendlines on the chart.

Key Features:

🎯 Pivot Types:

• Standard Pivot Points
• Fibonacci Pivot Points
• Woodie Pivot Points
• Camarilla Pivot Points

📊 Levels:

• Central Pivot Point (PP) - yellow
• Resistance levels (R1, R2, R3) - red
• Support levels (S1, S2, S3) - green

⚙️ Customizable Settings:

• Timeframe: Daily, weekly, or other timeframe selection
• Line style: Thickness (1-5) and type (solid, dashed, etc.)
• Positioning: Line start time and length
• Colors: Each level's color individually adjustable
• Labels: Toggle text labels on/off

💡 Usage:

The indicator calculates pivot levels based on the previous period's (day/week) high, low, close (and open) values, which identify key support and resistance areas for the next trading period.

Ideal for swing and day traders who apply strategies based on technical levels.