Pivot Types with Levels MTF

Feature-Rich Pivots and Levels Indicator

The Pivots and Levels software is a comprehensive trading tool that offers a plethora of features to traders. It includes four main types of pivot points: Floor (Normal), Woody, Camarilla, and Fibonacci. These pivot types are integral in identifying potential turning points in the market, thus aiding traders to make informed decisions.

Apart from pivot points, the software also offers a range of levels such as Average True Range (ATR), Historical Volatility with standard deviations, and Close Price Volatility with standard deviations. These levels provide insights into the market’s volatility, which is a key aspect of forex trading.

Multi-Time Frame (MTF) and Alerts

The standout feature of this software is its ability to provide 4 /- levels MTF. This allows traders to view pivots/levels based on various timeframes such as Daily, Weekly, 4hr, or even 15min. This flexibility makes it possible for traders to analyze market trends from different perspectives, thereby enhancing their trading strategy.

In addition, the software comes with an alert system that includes popup, push, email, sound, live, or completed candles on level crossover. These alerts ensure that traders never miss out on crucial trading opportunities.

Customizability and Future Projections

Packed with customization options, this software allows traders to adjust inputs for Camarilla/Fibonacci/ATR/Volatility levels. It also provides colored level zones with color gradients, giving a visually appealing and clear depiction of market trends.

A unique feature of the software is its ability to project future pivot levels based on live time period. This predictive feature can be especially useful in planning trades ahead of time. The software also includes Saturday as the end of the week and Sunday as the start of the week, making it adaptable for weekend trading.

ATR and Historical Volatility

Another notable feature is the way the software calculates ATR and historical volatility. The ATR is taken with MTF data of the selected timeframe, and levels as input percentages. On the other hand, historical volatility is taken as the previous close, /- input multiples of standard deviation. These sophisticated calculations provide accurate insights into market trends.

FAQs

Does the software include weekend trading?

Yes, the software includes Saturday as the end of the week and Sunday as the start of the week, making it adaptable for weekend trading.

How does the software alert users about trading opportunities?

The software comes with an alert system that includes popup, push, email, sound, live, or completed candles on level crossover.

Can the software project future pivot levels?

Yes, a unique feature of the software is its ability to project future pivot levels based on the live time period.

How does the software calculate ATR and historical volatility?

The ATR is taken with MTF data of the selected timeframe, and levels as input percentages. Historical volatility is taken as the previous close, /- input multiples of standard deviation.

To watch independent testing of this product, visit the forexroboteasy.com website. You can also subscribe to updates on the results of testing this product. Your experience using this product is valuable, feel free to share it. Remember, this is an independent product review.