New multi-timeframe pivots system released for metatrader 4

We're really pleased to announce the release of advanced time-shiftable pivots for MetaTrader MT4. This takes pivot control and alert generation based on price/pivot proximity to a completely new level for MetaTrader MT4 users. The JFX Pivots System uses a JavaFX interface to control the underlying pivots indicators and allows almost infinite configuration options and also a new custom alert facility. For more details please read on or visit the JFX Pivots page.

FX AlgoTrader - Precision Trading Tools for MetaTrader MT4
Web: www.fxalgotrader.com
Email: [email protected]

Here's a link to a video showing off the new JFX Pivot System from FX AlgoTrader. (www.fxalgotrader.com)

Note: The new release of the system auto senses the chart so the trader doesn't need to select the chart ID from the dropdown... it's all done automatically.

This is a screenshot showing the JavaFX interface running in conjunction with MetaTrader MT4. The chart is WTI or US Crude. There are some major advantages of using this JavaFX integrated approach for pivot control which are:-

 

1. Traders can adjust pivot parameters with just a few mouse clicks and the changes are reflected in the MT4 indicator on the next price tick - this makes the whole process of parameter adjustment much more efficient compared to standard MT4 indicator
   
2. The JavaFX interface allows the trader to control the pivot profile for each individual timeframes for the SAME symbol/asset on the chart... so in plain English this means a trader could have an hourly pivot profile which would just show the Daily pivots with intermediate 'M' levels and a Daily profile which would show Daily, Weekly and Monthly pivots with or without intermediate 'M' levels.
   
3. The JavaFX pivots system's alert facility is independent from MT4... so we have developed a JavaFX based pop up utility which can be called whenever the trader wants to inspect the alert history. This isn't possible with standard MT4 indicators. The alert module also allows the trader to play long duration wav files which don't get clipped by MetaTrader 4 when a new tick is received on the chart... (standard MT4 indicators cannot slow the program thread down... hence they always clip long duration alert sounds)
   
4. The JavaFX interface allows traders to copy a profile or set up to all timeframes for the specific chart OR there is a new global copy feature which allows the trader to copy the profile to all charts and all timeframes.... this would take a long time with standard MT4 indicators!

For more details please

visit the JFX Pivots page...

Regards
Crispin
FX AlgoTrader
www.fxalgotrader.com
[email protected]

This is an example of the price/proximity alerts and the visible channels the JFX Pivots system uses for graphical illustration purposes.... the trader has configured a 5 pip alert channel either side of the WPP (the weekly central pivot) which is also a confluence level as it is very close to the Daily central pivot. As soon as price action enters the 5 pips alert channel the system pops up the Alert Dialogue window and triggers the associated alert sound (if previously configured)..



Each pivot level can be 'armed' for alerts and the proximity channels, colours etc can be tuned independently for each alert level.

Crispin
FX AlgoTrader - Precision Trading Tools for MetaTrader MT4
www.fxalgotrader.com
[email protected]