Forex Pivot Custom Time MT4 Indicator

Pivot Custom Time MQ4 Indicator – A forex pivot point is an indicator developed by floor traders in the commodities markets to determine potential turning points, also known as “pivots.”

Trading NOTES

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Forex pivot points are calculated to determine levels in which the sentiment of the market could change from “bullish” to “bearish.” Currency traders see pivot points as markers of support and resistance.

Day traders will use pivot points as a way to determine when market sentiment has gone from bullish to bearish or vice versa.

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