Weekly and Monthly (Daily) Pivot Point Indicators | Forex Factory

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Weekly and Monthly (Daily) Pivot Point Indicators

  • #1
  • First Post: Edited 4:36am Feb 12, 2009 3:41am | Edited 4:36am
Hi y'all,

:A Request:

I have a large number of indicators here, from many different people. However I am looking for a weekly pivot point indicator that has an adjustable timezone (time zone). And a nice thank you to all the people that created these indi's.

That is I would like to be able to do weekly pivots based on Monday 2am through to Monday 2am as my servers are based in Cypress and hence their 2am is GMT midnight.

I would also like to be able to 7am to 7am so that I get the NY's EST pivot lines. Cause my programming skills are very limited, actually to be really honest they are non-existant.

Can anyone change any of these into an timezone adjustable weekly pivot indicator please?


Auto-Pivot Plotter Weekly V1-00 plots the weekly pivots with a good history but does not all you to change the timezone.

Pivots (SDX-TzPivots) 3 plots a range of pivots according to your time choice but does not do weekly.

Auto pivot plotter v1-41 plots daily pivots timezone adjustment.

AllPivots v2 does all pivots but does not allow for timezone shift.
Attached File(s)
File Type: mq4 Auto-Pivot Plotter Weekly V1-00.mq4   7 KB | 22,334 downloads
File Type: mq4 Pivots (SDX-TzPivots) 3.mq4   23 KB | 13,228 downloads
File Type: mq4 Auto-Pivot Plotter V1-41.mq4   14 KB | 11,289 downloads
File Type: mq4 AllPivots_v2.mq4   5 KB | 15,980 downloads
File Type: mq4 #MTF Pivot.mq4   5 KB | 10,086 downloads
File Type: mq4 DailyPivot_Shift.mq4   8 KB | 13,347 downloads
File Type: mq4 fibopiv weekly.mq4   5 KB | 10,651 downloads
  • #2
  • Feb 12, 2009 3:53am Feb 12, 2009 3:53am
If anyone is able, it would be nice if the indicator, could have pivots calculated in this way for the weekly.

Pivot Point = (Last_Weeks_High + Last_Weeks_Low + Last_Weeks_Close + This_Weeks_Open) / 4

Remember that the end of Last_Weeks_Close would be close of bar at 1:59am and This_Weeks_Open would be Monday 2:00am.

A limited history of previous weeks pivot data would be fantastic too.

Thank you very much...

Here are a few more indi's
Attached File(s)
File Type: mq4 _TRO_Pivot Lines.mq4   23 KB | 6,048 downloads
File Type: mq4 _amb_PivotsPoints.mq4   6 KB | 4,661 downloads
File Type: mq4 ###Auto Pivot.mq4   15 KB | 5,542 downloads
File Type: mq4 PivotCustom_4TimeFrames.mq4   45 KB | 6,800 downloads
File Type: mq4 fibopiv monthly.mq4   5 KB | 6,154 downloads
File Type: mq4 Pivot_Monday Fixed.mq4   5 KB | 4,925 downloads
File Type: mq4 Auto-Pivot Plotter (Mid-Levels) V1-3.mq4   11 KB | 5,313 downloads
  • #3
  • Feb 12, 2009 4:03am Feb 12, 2009 4:03am
Again, another very big thank you to whoever has programmed these, I would not have a clue how to programme them.

Here are the last 7 that someone might like or be able to re-programme for me.

Thanks
Attached File(s)
File Type: mq4 Pivot_DOTS.mq4   7 KB | 5,007 downloads
File Type: mq4 MultiplePivotsV2.mq4   26 KB | 7,050 downloads
File Type: mq4 DaylyWoodPivot.mq4   5 KB | 4,709 downloads
File Type: mq4 ^Pivot_AllLevels.mq4   5 KB | 5,701 downloads
File Type: mq4 Pivot Lines.mq4   14 KB | 5,736 downloads
File Type: mq4 Pivot Options.mq4   24 KB | 5,001 downloads
File Type: mq4 Pivot-point-vTEXT.mq4   19 KB | 5,176 downloads
  • #4
  • Feb 28, 2009 10:27pm Feb 28, 2009 10:27pm
I have a similar interest in this topic. Too bad there hasn't been any response yet.

Which of the pivot indicators come closest to what you want to do?

I would want these features:
* User-controllable hourly offset, to control the effective "00:00" time.
* Show historical data, not just the most recent. It is important to be able to review past pivot data and see if and how PA respected the levels.
* Daily, Weekly, Monthly, ... anything else?? (H4, H8, Sessions for US, Tokyo, London, etc.??)
* Intelligently handle Sunday candles (by probably merging it with Monday data ??)
* Here's a stretch: support a user-defined candle, drawn with a rectangle, where the values would come from another broker's feed. Therefore, if my broker closes too early on Friday, or opens too late on Sunday, I could enter a supplemental candle(s) that would change the calculations. (Just thinking out of the box here...)



It can be a tricky thing to create a near-universal pivot indicator with daily, weekly and monthly values, which work on all brokers, regardless of Sunday candles and various timezones. Having said that, though, it seems to me that the reason any pivot value would have merit would be because a sizeable portion of the market is paying attention to it. Therefore, if the value is based on close time, and open time, it might be best to find out which broker feed has the best window of time for open and closing times, and the daily 00:00, and use whatever values it calculates. (Open a demo account with that broker). You could use almost any data feed for reasonable daily pivots (if the program supports offsets), but for the weekly pivots, I think it may be more broker dependent.
  • #5
  • Mar 1, 2009 12:07am Mar 1, 2009 12:07am
(1) Pivots (SDX-TzPivots) 3.mq4
(2) Auto-Pivot Plotter Weekly V1-00.mq4

(1) Is a daily timezone pivot that works well for timeframes one hour or under. If your timezone is 1, 2 or 3 hours off GMT AND you are using 4 hour charts, it gets confused and gives incorrect daily pivots.

(2) Is a great weekly pivot plotter. Except it has no timezone adjustment. It always starts at Monday midnight. So if you have a GMT server it will give you GMT pivots accurately.
However, if you have an EST server it will give you EST pivots accurately.

My problem is I'm based in Australia and with even big companies like IBFX (GMT) or MBTrading (EST), I get very slow execution, and will get requoted 2 to 3 times during non-news times. So using the bigger brokers on those timezones just doesn't work.
Any other time zone I don't get requoted at all.

However, if someone could put in a timezone feature on the weekly pivot I could get both GMT and EST weekly pivots and not have slow server execution. I am working on one myself, but with very little programming skills it is very difficult.
  • #6
  • Aug 30, 2009 9:39am Aug 30, 2009 9:39am
Thanks for these indicators. Very nice.

Quoting aquaart
Hi y'all,

:A Request:

I have a large number of indicators here, from many different people. However I am looking for a weekly pivot point indicator that has an adjustable timezone (time zone). And a nice thank you to all the people that created these indi's.

That is I would like to be able to do weekly pivots based on Monday 2am through to Monday 2am as my servers are based in Cypress and hence their 2am is GMT midnight.

I would also like to be able to 7am to 7am so that I get the NY's EST pivot lines. Cause my programming skills are very...
Its all in the mind.
  • #7
  • May 17, 2010 2:46am May 17, 2010 2:46am
older thread i know, but i lost my best pivot indicator. Im looking for one that will just show or give me the option to just show a daily, weekly, monthly pivot and no more. ive checked over 25 indis tonight with no luck. anyone got one like this?

ty
bulls
Whats happening in EUR/USD should be happening to you!
  • #8
  • May 27, 2010 7:26pm May 27, 2010 7:26pm
Quoting BullsAndBear
older thread i know, but i lost my best pivot indicator. Im looking for one that will just show or give me the option to just show a daily, weekly, monthly pivot and no more. ive checked over 25 indis tonight with no luck. anyone got one like this?

ty
bulls
I use these ones on light background.
Attached Image (click to enlarge)
Click to Enlarge Name: pivotexample.gif Size: 18 KB


For dark - you can find another in THV thread.

Also attached template for Alpari (GMT+1).
Attached File(s)
File Type: mq4 TzPivotsD_v3.5 (White).mq4   94 KB | 9,865 downloads
File Type: mq4 TzPivotsMW_v3.5 (White).mq4   43 KB | 10,351 downloads
File Type: tpl pivotexample.tpl   34 KB | 5,858 downloads
  • #9
  • May 31, 2010 3:09pm May 31, 2010 3:09pm
Take a look here for hourly pivot ea
http://www.forexfactory.com/showthread.php?t=26651
  • #10
  • Feb 15, 2011 2:11pm Feb 15, 2011 2:11pm
hallo all...

maybe if you ever see mt4 pivot that:
1.have history (we still could see old pivot level, so we could study from that by scrolling back)
2.have shift time (so we able to choose the daily rollover)
3. have middle level (like between R1 and R2 there level in that)

i've search and try so many pivot but never find pivot mt4 like that, so if you know would you share it...

thanks you very much...

ps: that for daily pivot, if there is weekly or monthly pivot like that i would love to...thanks...
I will be the number one Manager.
  • #11
  • Feb 26, 2011 4:01pm Feb 26, 2011 4:01pm
Here is an indicator, which draws daily, weekly and monthly pivots, support and resistance levels. All lines are drawn from the beginning of the timeframe (daily levels - from the beginning of the day etc.). For more information go here.

https://lh6.googleusercontent.com/-o...600/pivots.png

Regards,
suirad
Attached File(s)
File Type: mq4 ZCOMFX all pivot levels.mq4   17 KB | 12,243 downloads
  • #12
  • Jun 21, 2011 7:17pm Jun 21, 2011 7:17pm
Quoting suirad
Here is an indicator, which draws daily, weekly and monthly pivots, support and resistance levels. All lines are drawn from the beginning of the timeframe (daily levels - from the beginning of the day etc.). For more information go here.

https://lh6.googleusercontent.com/-o...600/pivots.png

Regards,
suirad
Hi, Mr. Suirad

ZCOMFX all pivot levels.mq4 (16.6 KB, 323 views)ZCOMFX all pivot levels.mq4 (16.6 KB, 323 views)ZCOMFX all pivot levels.mq4 (16.6 KB, 323 views)For ZCOMFX ALL pivot levels.mq4, Daily pivot doesn't work automatically, means I should reload it on the second day. Weelk & Monthly pivot is same problem, but it doesn't matter as I can initial it at the beginning of week or month. Could you update a new version?

Thank you very much.

Regards,
Thomas C
  • #13
  • Jul 8, 2011 11:12am Jul 8, 2011 11:12am
Thank you very much
  • #14
  • Aug 31, 2011 4:02am Aug 31, 2011 4:02am
Hello fellow traders,

I need some help with a mq4 file (metatrader template for the not so clued up). The attachement is for a multiple pivot automatic calculator.

It is a brilliant design and work well done. I am mainly interested in using it for the 4hr pivot, however it can do several others.

The problem is this:

the lines are too thick!!

I can adjust them with difficulty and then save as a new template. However when I then change time frame it goes back to original settings.. i think you get the picture. Any help would be fab.

For assistance on this i shall certainly share a trading technique..
Attached File(s)
File Type: mq4 PivotCustom_4TimeFrames.mq4   45 KB | 4,428 downloads
  • #15
  • Sep 9, 2011 2:12pm Sep 9, 2011 2:12pm
Quoting JamesP
Hello fellow traders,

I need some help with a mq4 file (metatrader template for the not so clued up). The attachement is for a multiple pivot automatic calculator.

It is a brilliant design and work well done. I am mainly interested in using it for the 4hr pivot, however it can do several others.

The problem is this:

the lines are too thick!!

I can adjust them with difficulty and then save as a new template. However when I then change time frame it goes back to original settings.. i think you get the picture. Any help would be fab....
Cheers,
BT
Attached File(s)
File Type: mq4 PivotCustom_4TimeFrames_ThinLines.mq4   46 KB | 5,336 downloads
  • #16
  • Oct 4, 2011 2:28am Oct 4, 2011 2:28am
Thats a great start, i really appreciate your help.

Any chance you could take off the support and resistance line ?

I would like to use 4hr, daily, weekly and monthly but i have no need for the S and R lines.

Thanks a million
  • #17
  • Oct 4, 2011 2:34am Oct 4, 2011 2:34am
To Billy,

Once i have the pivotcustom_ in place and on several pairs, there is a problem in experts.
Have you noticed in the experts area on mt4, there is a continuous feed of what seems to be errors. Could you check it out and let me know what you think. This is also partly the reason i was gonna look for a different indicator.
  • #18
  • Oct 4, 2011 7:57am Oct 4, 2011 7:57am
The work by Billy is T is fabulous. I uploaded the new version you sent earlier and took of the others from other charts. The error in experts has gone away. So whatever you changed is now flawless. I will make the S and R lines black on a black background. But if you do come by this message could you please assist again. By changing the code thing so i dont have S and R lines for any time frame.

Thanks again.
  • #19
  • Oct 5, 2011 1:16pm Oct 5, 2011 1:16pm
Hi could someone pls help with this pivot calculator, there are too many support ans resistance lines.
I need only the major lines 4hr, daily, weekly n ze monthly

thanks clever people who do code much respect

i attached both not sure which you need
tc
Attached File(s)
File Type: ex4 PivotCustom_4TimeFrames_ThinLines.ex4   50 KB | 3,265 downloads
File Type: mq4 PivotCustom_4TimeFrames_ThinLines.mq4   46 KB | 3,566 downloads
  • #20
  • Oct 7, 2011 1:01pm Oct 7, 2011 1:01pm
Quoting JamesP
Hi could someone pls help with this pivot calculator, there are too many support ans resistance lines.
I need only the major lines 4hr, daily, weekly n ze monthly

thanks clever people who do code much respect

i attached both not sure which you need
tc
Hi James,
just noticed your replies.
I haven't got the time to look at it just now, but will have a look at it
next week.
so you want the S & R levels removed, for Monthly, Weekly, Daily & 4 Hourly, & just leave the 4 pivot levels in
is that correct?
sorry if I sound a bit thick, but it's 2:00 am here at the moment, & I'm headed for bed.

Cheers,
BT
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