π Current Version
!!! This is [Hamster-Coder] Pivot Points MTF - 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
π§ Available Versions
πΉ 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.
πΉ Standard Version - [Hamster-Coder] Pivot Points
The standard version contains of features of [Hamster-Coder] Pivot Points MTF except multi time frame support selection.
πΉ 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.
π Description
The [Hamster-Coder] Pivot Points is a flexible pivot point indicator of the Hamster-Coderβ’ Algo Series that detects local highs and lows (pivot points) based on a user-defined source β such as high, low, close, hl2, ohlc4, 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
π§ Hamster-Coderβ’ Algo Series
This indicator is part of a powerful toolkit implementing Timeframe Decoupling β a proprietary concept allowing you to assign separate timeframes to each key parameter.
The result: true multi-timeframe analysis on a single chart β a game-changing capability for modern traders.
π To explore more indicators from this series, search for βHamster-Coderβ in the cTrader platform.
π Key Features
- π§ Timeframe Decoupling (series feature)
Assign independent timeframes to components like the basis (e.g., moving average) and deviation source for precision control. - π Multi-Timeframe Price Inputs
Choose fromOpen,Close,High,Low,HL2,HLC3,HLCC4, orOHLC4β from any available timeframe. - β‘ Real-Time Adjustments
Change parameters after the indicator is applied β something not possible with default source properties in cTrader. - Adjustable Sensitivity
Fine-tune the pivot detection usingLeftandRightbar count (Periods), controlling how many bars before and after must confirm the extremum. - π Seamless Integration
Designed to work perfectly with both manual trading and automated strategies.
π οΈ How to Use
- Apply to Chart β e.g., on a
1mchart - Select Pivot High Timeframe β e.g.,
5m - Select Pivot High Source β e.g.,
High - Set Pivot High Left β e.g.,
5 - Set Pivot High Right β e.g.,
3 - Select Pivot Low Timeframe β e.g.,
15m - Select Pivot Low Source β e.g.,
Low - Set Pivot Low Left β e.g.,
2 - Set Pivot Low Right β e.g.,
1
β‘οΈ *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)
β Version Check
Set Show Version = Yes to display the current version in the bottom-right corner of the chart.
- β Make sure this version matches the "Current Version" listed at the top of this description.
- β If there's a mismatch β contact support or reach out to the developer directly.
πββοΈ P.S.
Happy trading!
Feel free to leave comments with suggestions, feature requests, or inquiries about custom development.
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