Pivot Points - Built in Support (D/W - Current/ History)
There are many Pivot indicators, but they usually miss a lot of core functionality. Its good idea to include Pivot Points as built in supported indicator including:
(a) Various Pivot calculating methods
(b) Multiple Pivot Timeframes (Daily, Weekly, Monthly)
(c) Ability to adjust timezone to calculate Pivots (ex: Broker time + 3 hrs)
(d) Ability to automatically disappear Pivots when required (ex: Daily Pivot disappear from Weekly Chart instead of useless lines)
(e) Ability to club Pivots when they appear on "x" Pips distance. (ex: If Daily and Weekly Pivots come near 10 pips distance show whole area as S/R area.
(f) Color coding of various Pivots as per timeframe
There is a lot of manual work involve as usually custom created Pivot indicators miss above features. Dear Spotware Team, please consider.
Zeeshan
shared this idea
6 comments
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Ahmad Noman Musleh
commented
Check out this: https://www.algodeveloper.com/product/pivot-points/
Alert will be added on next version
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Anonymous
commented
all of the above please
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Anonymous
commented
Amazing and important feature to have!
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Trader
commented
Those will be nice to have
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wazi
commented
I support you very much！
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barry
commented
YES! I was just typing my own suggestion when this comment came up. This writer captures ALL of my requests; ESPECIALLY the "c)" request about timezone issues.