Any pivot trading methods?

Trading Systems Free Forex Trading Systems
1

any1 has any pivots methods ?

2

A simple one is to take the break of cpp in the direciton of the break use S1 or R1 as target and M3 or M2 as the stop. Your poteinal reward is aprox twice you stop and you should have higher % wins then losses.

Its a basic system using only pivot. Of course its better to go in direction of the trend.

3

is perhaps any pivot indicator for MT4?

4

There is a large number of pivot indicators for MT4. Here are a few of my favorites.

pivot indicators.zip (10.7 KB)

5

thanks a lot. btw, which is your favourites?

6

Here is another pivot method I found.

Indicators needed
2 SMA
PrevDayAndFloatingPivot (in the above zip file

  1. if 2 SMMA WEIGHTED CLOSE CROSS UP the DAY OPEN LINE open LONG
    at new candle

  2. if 2 SMMA WEIGHTED CLOSE CROSS DOWN the DAY OPEN LINE open SHORT
    at new candle

here is the template (the autor uses it on IBFX and there is a difference)
stevenali on another forum

win.zip (1.55 KB)

7

what is cpp?

8

cpp = central pivot point Or just called the pivot point.