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Hourly Pivot Points with Color Filling – MetaTrader 4 Indicator


Hourly Pivot Points with Color Filling – indicator for MetaTrader 4.

This indicator uses two ways to calculate R1/R2/R3/S1/S2/S3: normal formula and Fibonacci, and users can choose one from them.


Main parameters
  • PivotMode:
    • Normal: use normal formula to calculate S and R.
    • Fibonacci: use Fibonacci to calculate S and R.
  • CurrentHourOnly: only calculate the latest hourly PP if true.

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