Dear Traders,
I'm really excited about this new indicator. A customer approached us about developing a pivots indicator based on fixed quarters ie show the last quarters pivot levels but roll them on the chart so that in January, February and March you see the last quarters pivot levels calculated from October, November and December the previous year... this would obviously roll on throughout the year using the previous quarters data...
I was dubious about developing this but after doing some research and reading an article in Forbes about the power of long term pivot levels I became more convinced and developed a new rolling quarterly pivots product.
As MetaTrader doesn't support quarterly data there was a fair amount of data manipulation to do.....
Anyway... the results are STUNNING even though I say so myself
.. the quarterly pivots are incredibly accurate at forecasting reversals...
You can buy the new Quarterly Rolling Pivots Indicator from www.fxalgotrader.com ... the amount of pips on offer from a reversal using this tool would justify the purchase cost in one trade EASILY... on the EURUSD you can see 500+ pip swings between QR1 and QPP....... We think this is an essential tool alongside Daily/Weekly and Monthly (ACCURATE) time-shiftable pivots....
Click the images below to see how closely price action adheres to these long term levels..... I was REALLY surprised how accurate they are!
Quarterly Rolling Pivots Product Page
I'm really excited about this new indicator. A customer approached us about developing a pivots indicator based on fixed quarters ie show the last quarters pivot levels but roll them on the chart so that in January, February and March you see the last quarters pivot levels calculated from October, November and December the previous year... this would obviously roll on throughout the year using the previous quarters data...
I was dubious about developing this but after doing some research and reading an article in Forbes about the power of long term pivot levels I became more convinced and developed a new rolling quarterly pivots product.
As MetaTrader doesn't support quarterly data there was a fair amount of data manipulation to do.....
Anyway... the results are STUNNING even though I say so myself
.. the quarterly pivots are incredibly accurate at forecasting reversals...You can buy the new Quarterly Rolling Pivots Indicator from www.fxalgotrader.com ... the amount of pips on offer from a reversal using this tool would justify the purchase cost in one trade EASILY... on the EURUSD you can see 500+ pip swings between QR1 and QPP....... We think this is an essential tool alongside Daily/Weekly and Monthly (ACCURATE) time-shiftable pivots....
Click the images below to see how closely price action adheres to these long term levels..... I was REALLY surprised how accurate they are!
Quarterly Rolling Pivots Product Page
