I am looking into pivot point, to decide if they can imporove my current strategy.
I mainly trade on 4h charts, using support and resistance, trend line as main indicators.
Before I start searching the web, I would like to know what to search for,
I read that there are daily pivots, weekly pivots, that they are dependent on where your broker is located…
Like I said I trade on 4h chart and my trades are staying open between 2 days to 2 weeks, my broker is in UK.
Can you advise me what I should be searching online for? Is there a naming convention to match my criteria? Does someone have something that is willing to share… if legal?
Many Thanks in advance
Best Regards
Nic