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The Best Pivot Points Indicator Ever

  • #81
  • Jun 27, 2018 4:22pm Jun 27, 2018 4:22pm
Quoting OldSchoolFX
I made a few updates to the above indicator (WyattsPivots v2.0) to send more notifications when pivot levels are touched. Below is the list of changes: Summary of changes: Added "Not supported" alert if TimePeriod parameter is set to Current. This value is not supported by the indicator but it is part of the drop-down list because of the ENUM_TIMEFRAMES structure. Added error checking to critical functions. Also, moved functions around for easier code readability. Added notifications when price touches any pivot and/or midpoint levels. You can enable/disable...
Hi OldSchoolFX,

with your updates this indicator has been great in terms of visibility and efficiency. The pivot points indicator that I have used for a long time is Pivot_Points _-_ Daily_sShiftedd. It would be very complicated to make a version of WyattsPivots v2.0 to calculate the pivot, supports and resistance according to which I use "ShiftHrs = 5".

Regards,
Attached File(s)
File Type: mq4 Pivot_Points_-_Daily_sShiftedd.mq4   11 KB | 2,864 downloads
  • #82
  • Jun 28, 2018 2:51pm Jun 28, 2018 2:51pm
Quoting juliot
{quote} Hi OldSchoolFX, with your updates this indicator has been great in terms of visibility and efficiency. The pivot points indicator that I have used for a long time is Pivot_Points _-_ Daily_sShiftedd. It would be very complicated to make a version of WyattsPivots v2.0 to calculate the pivot, supports and resistance according to which I use "ShiftHrs = 5". Regards, {file}
Was the last sentence a question or a statement? I'm curious to know which broker you use.
  • #83
  • Jun 28, 2018 3:58pm Jun 28, 2018 3:58pm
Quoting OldSchoolFX
{quote} Was the last sentence a question or a statement? I'm curious to know which broker you use.
Lol I apologize for my mistake, it really was a question. I forgot to include the question mark in the text. Would it be very complicated to adapt it ?. I understand that you are a person with enough programming knowledge, unlike me. I really do not know if you can talk about brokers on this site, at least I do not like it much but I'll answer you: the one I'm currently using is pepperstone. ShiftHrs I have it always configured in 5 and for the time that I have been using it in my opinion it respects very well the supports and resistances daily.
I would be very grateful if you could make a version of WyattsPivots v2.0 adapted to these parameters since visually and especially the alerts I find it exceptional.

Regards.
  • #84
  • Jun 28, 2018 5:26pm Jun 28, 2018 5:26pm
Quoting juliot
{quote} Lol I apologize for my mistake, it really was a question. I forgot to include the question mark in the text. Would it be very complicated to adapt it ?. I understand that you are a person with enough programming knowledge, unlike me. I really do not know if you can talk about brokers on this site, at least I do not like it much but I'll answer you: the one I'm currently using is pepperstone. ShiftHrs I have it always configured in 5 and for the time that I have been using it in my opinion it respects very well the supports and resistances...
Let me look into it. I can't promise you anything.

Thanks for the inquiry.
  • #85
  • Jul 4, 2018 6:33am Jul 4, 2018 6:33am
Quoting OldSchoolFX
{quote} Let me look into it. I can't promise you anything. Thanks for the inquiry.
Hi OldSchoolFX,

It's complicated?. Maybe Wyattgoettsc himself could help us out with his coding skills or any other coder.
  • #86
  • Jul 4, 2018 11:18pm Jul 4, 2018 11:18pm
Quoting juliot
{quote} Hi OldSchoolFX, It's complicated?. Maybe Wyattgoettsc himself could help us out with his coding skills or any other coder.
Nothing is complicated if you know what you're doing. I have something working already. I just want to test it out before I post it. I recommend if you need anything coded fast for next time you visit the mql5 community. There is plenty of freelance coders out there that would be willing to do the job for a fee of course. Another thing I'd recommend is to learn the mq4 languange yourself. There is plenty of youtube tutorials out there to get you started.
  • #87
  • Jul 11, 2018 8:33pm Jul 11, 2018 8:33pm
i use erik pivots on my charts, thank you for sharing

could you please make a post explaining the coding showing on the lines?

closepd10, M3PD10, and such

thank you
The risk is what gives value to an investment.
  • #88
  • Edited 2:50am Jul 23, 2018 2:35am | Edited 2:50am
Hello Wyatt,

Thanks for your awesome efforts on your pivot indicator! It works great! One question, is there a way to shift the labels to the left side of the pivot indicator instead of the right? The reason I ask is that when higher time frame pivots are used on lower time frame charts, the labels are actually off-screen unless you zoom out on MT4.

The other question I have relates to scenarios when multiple time frame pivot indicators are used on one chart. For swing trading, I use both the weekly and monthly pivots at the same time. The labels on the two different indicators are however the same on your system. It would be great if there was a way to change the name of each pivot so it reads WR1, WM4 for example on the weekly indicator, and MR1, and MM4 on the monthly. This would make it a lot easier to identify points of congruency.

I appreciate your input!

John
  • #89
  • Jul 28, 2018 10:07am Jul 28, 2018 10:07am
Quoting JBAndrew
Hello Wyatt, Thanks for your awesome efforts on your pivot indicator! It works great! One question, is there a way to shift the labels to the left side of the pivot indicator instead of the right? The reason I ask is that when higher time frame pivots are used on lower time frame charts, the labels are actually off-screen unless you zoom out on MT4. The other question I have relates to scenarios when multiple time frame pivot indicators are used on one chart. For swing trading, I use both the weekly and monthly pivots at the same time. The labels...
Hey John,

I had the same problem when using multiple time periods. Try the indicator on post #79. It tags the D1, W1, or MN1 to the labels so you can identify them better. And to accomodate for the labels going off the chart to the right, I usually just hover over the mouse on the line and a description should popup that shows what it is. Hope this helps.

Luis
  • #90
  • Aug 31, 2018 2:02am Aug 31, 2018 2:02am
Quoting OldSchoolFX
I made a few updates to the above indicator (WyattsPivots v2.0) to send more notifications when pivot levels are touched. Below is the list of changes: Summary of changes: Added "Not supported" alert if TimePeriod parameter is set to Current. This value is not supported by the indicator but it is part of the drop-down list because of the ENUM_TIMEFRAMES structure. Added error checking to critical functions. Also, moved functions around for easier code readability. Added notifications when price touches any pivot and/or midpoint levels. You can enable/disable...

hey brooo thank youu!!!

I am testing a strategy on pivots points (daily, weekly, monthly) and it deals with the bounces between the different time zones.
The pivot changes according to the USA, EUROP, ASIA, and the price looks for a lot of rebound between these three levels ..
I would like to have an indicator that plots the 3 pivots of the three areas, to be able to do a better follow-up to the strategy ... could you help me with that?

thankss
  • #91
  • Sep 7, 2018 9:11pm Sep 7, 2018 9:11pm
My fellow traders,

I made a few mods to the WyattsPivots indicator to shift the broker server time by a number of hours. I also did a few house keeping around the program for readability. Below is a summary of changes:

Changes to v2.1:

  1. Added time shift functionality for server GMT offset. The added iShiftHours parameter specifies the GMT hour shift from the broker's daily close. Hourly values are used instead in case the day needs to be shifted by a certain number of hours. Only daily pivots are affected by this value. Set the value to 0 if this feature is not desired. Valid values are between -14 and 12.
  2. Removed "Alert!" word from push notification string. This shortens the string and I can read it better on my phone.
  3. Allow plot borders on future pivots if enabled. Not sure why this was not available in the first place. Or, maybe I removed it by accident.
  4. Allow re-send of push notifications on failure. I noticed that some of the notifications were erroring out while on my VPS. Later, I figured that MT4 only allows 2 notifications per second and 10 notifications max per minute. They also mention that they may or may not enforce this rule sometimes. They also mention that this feature may be disabled by MT4 if abused. Anyways, I added a timer feature to the program that will try resending notifications on failure every few seconds.
  5. Renamed some input parameters for grouping/readability purposes.
  6. Added input parameter descriptions within code. You can find them at the beginning of the code (commented out). Also, added a list of acronyms used on labels and on notifications.


I really don't use the shifting feature since the broker I use ends the day at the New York market close 5pm ET. I tested this feature as much as I could but if there are any issues feel free to let me know.

Luis G.

Attached File(s)
File Type: mq4 WyattsPivots v2.1.mq4   50 KB | 3,332 downloads
  • #92
  • Sep 10, 2018 12:32pm Sep 10, 2018 12:32pm
Okay, I have read through the thread. I would really like to utilize this EA. However, I am having difficulty getting the EA to run.

I've watched several youtube videos on how to install an EA, following the simple steps. It seems like a no big deal.

When I try and run the EA I get an error message.
"2018.09.10 11:28:08.528 'Wyatt's Pivots 20150517' is not expert and cannot be executed"

Why isn't this working? What other steps do I need to do?

Thanks,
Kman
  • #93
  • Sep 11, 2018 5:51am Sep 11, 2018 5:51am
Quoting traderkman1
Okay, I have read through the thread. I would really like to utilize this EA. However, I am having difficulty getting the EA to run. I've watched several youtube videos on how to install an EA, following the simple steps. It seems like a no big deal. When I try and run the EA I get an error message. "2018.09.10 11:28:08.528 'Wyatt's Pivots 20150517' is not expert and cannot be executed" Why isn't this working? What other steps do I need to do? Thanks, Kman
1. Put it in the Indicator folder

2. Load it as an Indicator

3. Does it work?

4. If yes, there's the problem as mentioned by the error message

5. If no, please show us where you found it's an EA

Good luck
It takes a lot for me to IGNORE you, but you can try.
  • #94
  • Sep 11, 2018 3:52pm Sep 11, 2018 3:52pm
Great indicator. Thanks very much. Would like to have MT5 version of this indicator as well.
  • #95
  • Sep 12, 2018 1:42pm Sep 12, 2018 1:42pm
Quoting OldSchoolFX
My fellow traders, I made a few mods to the WyattsPivots indicator to shift the broker server time by a number of hours. I also did a few house keeping around the program for readability. Below is a summary of changes: Changes to v2.1: Added time shift functionality for server GMT offset. The added iShiftHours parameter specifies the GMT hour shift from the broker's daily close. Hourly values are used instead in case the day needs to be shifted by a certain number of hours. Only daily pivots are affected by this value. Set the value to 0 if this...
Hi Luis,

Great job. In this chart I have the indicators Pivot_Points _-_ Daily_sShiftedd.mq4 and WyattsPivots v2.1.mq4. If the pivots, supports and resistances coincide during the course of the week, it is at the beginning of each week that the differences occur. In this graph the dotted gray line (pivot) does not match the white line. See how the price in Pivot Shiftedd bounced, so I like the performance of this indicator.
I do not know if it is too much to ask to adapt WyattsPivots v2.1 to the same operation. I have another indicator that adapts quite well, which is the SDK-Pivots-nmc.
Actually one of the aspects that caught my attention and more I like visually your coding are the shaded areas. You could add those zones for example to SDK-Pivots too.
I have tried to copy your code snippet and paste it in the indicator but I have not obtained good results. It is not mine.
Sorry for my english

Attached Image (click to enlarge)
Click to Enlarge Name: chart.jpg Size: 318 KB
Attached File(s)
File Type: mq4 SDK-Pivots-nmc.mq4   46 KB | 2,259 downloads
  • #96
  • Sep 13, 2018 6:04am Sep 13, 2018 6:04am
Quoting juliot
{quote} Hi Luis, Great job. In this chart I have the indicators Pivot_Points _-_ Daily_sShiftedd.mq4 and WyattsPivots v2.1.mq4. If the pivots, supports and resistances coincide during the course of the week, it is at the beginning of each week that the differences occur. In this graph the dotted gray line (pivot) does not match the white line. See how the price in Pivot Shiftedd bounced, so I like the performance of this indicator. I do not know if it is too much to ask to adapt WyattsPivots v2.1 to the same operation. I have another indicator that...
Juliot,

I noticed this offset during my testing but after doing the numbers I thought it was an issue with the Pivot_Points _-_ Daily_sShiftedd.mq4 program. Here's my thought process. Looks like your programs are shifted by 4 according to what I see in your chart. On Friday (Sept 7th) the day's close was not shifted by the Pivot_Points _-_ Daily_sShiftedd.mq4 program. So that means that Friday was a 28 hour day (24 + 4). You can see that by the dotted lines being extended. On the other hand, the WyattsPivots v2.1.mq4 program shifted the day's close making it only 24 hours long. This issue the Pivot_Points _-_ Daily_sShiftedd.mq4 program with will then corrupt Monday's pivot points since now the program took more hours into account. I'm assuming you know how pivot points are calculated, right? Notice on Monday that this program shortens the day by 4 hours. So this means that on Monday the day was only 20 hours long (24 - 4). This in turn will corrupt Tuesday's pivots. Then, on Wednesday and Thursday everything is back to normal and the days are back to 24 hours.

It looks like your broker is fine and you don't need to do any shifting. The day should end at 5pm ET (New York Time).

-Luis
  • #97
  • Edited 8:54am Sep 13, 2018 8:41am | Edited 8:54am
Quoting OldSchoolFX
{quote} Juliot, I noticed this offset during my testing but after doing the numbers I thought it was an issue with the Pivot_Points _-_ Daily_sShiftedd.mq4 program. Here's my thought process. Looks like your programs are shifted by 4 according to what I see in your chart. On Friday (Sept 7th) the day's close was not shifted by the Pivot_Points _-_ Daily_sShiftedd.mq4 program. So that means that Friday was a 28 hour day (24 + 4). You can see that by the dotted lines being extended. On the other hand, the WyattsPivots v2.1.mq4 program shifted the...
Dear Luis, the best explanation about Daily Pivot Points shifted for different day start time that I found on the web is in this link in case it could be of help.

https://www.mql5.com/es/code/8685

Thank you very much for your interest.

Regards,
  • #98
  • Sep 13, 2018 10:12am Sep 13, 2018 10:12am
Quoting OldSchoolFX
My fellow traders, I made a few mods to the WyattsPivots indicator to shift the broker server time by a number of hours. I also did a few house keeping around the program for readability. Below is a summary of changes: Changes to v2.1: Added time shift functionality for server GMT offset. The added iShiftHours parameter specifies the GMT hour shift from the broker's daily close. Hourly values are used instead in case the day needs to be shifted by a certain number of hours. Only daily pivots are affected by this value. Set the value to 0 if this...
@OldSchoolFX You did a great job by adding the new iShiftHours input. Could this be supplemented/changed that we don't have a hour shift parameter but a time from/to parameter?

Example: DAX is traded nearly 24h on many brokers but I want to have the RTH pivots, so only prices which were between input parameter "from" (e.g. 9:00) and "to" (e.g. 17:30) should be considered for the pivot calculations.
  • #99
  • Sep 13, 2018 10:41am Sep 13, 2018 10:41am
Quoting Jagg
{quote} @OldSchoolFX You did a great job by adding the new iShiftHours input. Could this be supplemented/changed that we don't have a hour shift parameter but a time from/to parameter? Example: DAX is traded nearly 24h on many brokers but I want to have the RTH pivots, so only prices which were between input parameter "from" (e.g. 9:00) and "to" (e.g. 17:30) should be considered for the pivot calculations.
Jagg, try this
Attached File(s)
File Type: mq4 AllPivots_v5.2 600+.mq4   69 KB | 2,122 downloads
  • #100
  • Sep 13, 2018 10:46am Sep 13, 2018 10:46am
How do I get quarterly pivots please?
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