Though daily pivot is the most common pivot used, ‘Daily’ is not the only timeframe used for pivot trading. Many traders use pivot lines also in lower timeframe such as 4 hour pivot, 1 hour pivot and 15 minute pivot etc.
However manually calculating pivot for a timeframe lower than 4 hour is quite tedious, mostly [...]
This is custom metatrader4 (mt4) indicator. This mt4 indicator draws support and resistance lines based on technique I wrote on this support and resistance article. You can use it on your preferred timeframe and currency pairs.
A friend of me built this custom forex indicator for me few month ago. Before you use it, you better [...]
This is one of two 4H trading systems that I’ve ever used and giving me good pips. I’ll post the other system later. I don’t use both system anymore, since I’ve already had my own system. However I should admit that both system gave valuable contributions to my system.
In Nahuatl (Aztec language), Tlatomi means “to [...]
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(ganes):To help you with the system, you can read: http://www.pipholic.com/free-forex-signals/ http://www.pipholic.com/trading-the-gbp-usd-daily-pivot-pipholic-way.html http://www.pipholic.com/pipholic-gbp-usd-daily-pivot-trading.html You need to use 1 hour timeframe...