Intraday Trading using Pivot Point, Support & Resistance

Quoting anthon25

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The Ea has Maximum daily entry, default is 5,000 position daily which is will not reached, justforex have limitation by 50 positions open each currency on cent account. this will safe for DD. Just put EA on chart any TF and change the name of other Pair with positive or negative value. if your broker have prefix name on pair, write it exactly your broker pairs name. like AUDJPY.c /AUDJPY.m /AUDJPY.s Trial end last September 2021, live or demo account {file}

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Quoting TrendStalker

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{quote} Hi anthon, I already tried it on my demo account. Is the file applicable for live account? I'm waiting for IB approval to test it in live account. Thanks for sharing!

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Quoting tradafx

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The calculation for a pivot point is shown below: Pivot point (PP) = (High + Low + Close) / 3 Support and resistance levels are then calculated off the pivot point like so: First level support and resistance: First resistance (R1) = (2 x PP) – Low First support (S1) = (2 x PP) – High Second level of support and resistance: Second resistance (R2) = PP + (High – Low) Second support (S2) = PP – (High – Low) Third level of support and resistance: Third resistance (R3) = High + 2(PP – Low) Third support (S3) = Low – 2(High – PP)

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Quoting anthon25

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This week i will make a trial for lots entry Previous lot entry is 2,5% made another account with lots entry by 5% and 10% Today Holiday for United Kingdom.. result... with 2,5% entry {image}

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Quoting leedo76

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Hi, I am very interested in trading pivots, can this be traded manually or is it waiting for an EA? I use a pivot sheet that I drafted, then I use extra confluences to shortlist - it is pretty accurate but I really struggle with entry points. Thank you, this is great t have people share the pivot interests

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Quoting anthon25

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While the price, before reach Resistance or Support, it must reach half of it so we will add line in-between them (middle line code :M) Resistance 3 : H+2*(PP-L) M5 (Middle ) : (R2+R3)/2 Resistance 2 : PP+(H-L) M4 (Middle ) : (R1+R2)/2 Resistance 1 : (2*Pivot)-L M3 (Middle ) : (PP+R1)/2 Pivot Point : (H+L+C)/3 M2 (Middle ) : (PP+S1)/2 Support 1 : (2*PP)-H M1 (Middle ) : (S1+S2)/2 Support 2 : PP-(H-L) M0 (Middle ) : (S2+S3)/2 Support 3 : L-2*(H-PP)

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