Multi Pair Pivot Point Scanner Alerts 2. 8
This tool for MetaTrader 4 is specifically engineered to streamline your trading operations. This technical indicator acts as a specialized analysis tool designed to visualize market data. It helps traders identify emerging trends, momentum shifts, and key support or resistance levels by plotting statistical calculations directly onto price charts.
How to Setup and Use Multi Pair Pivot Point Scanner Alerts 2. 8
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
Description & Settings
Scans multiple symbols looking for when the price crosses a pivot point or when xxPoints Near or bounce off pivot then it alerts the trader.
Put Scanner On A Separate Chart Tab From Trading Strategy
You Can Put Multiple Instances of Scanner On Same Chart Tab To Scan For More Time Frames Alert Conditions
Delete the old updates and make sure your chart is using latest update on it and not the old buggy updates
Symbols to scan needs to be in market watch or will get the error message "Can't find this symbol: AUDCAD, put symbols in Market Watch, Double Check Prefix/Suffix Settings"
Pivot Point Types
Standard (Floor)
Fibonacci
Woodie
Camarilla
All Pivot Point Timeframes
More Features
Toggle false/true for popup or mobile alerts
Set alert wait interval between same alert message
Time frames toggle false/true for daily/weekly/monthly pivot point cross alerts
Set Symbol prefix and postfix (if none leave blank)
Enable/Disable specified pivot point to be alerted
Alert when xxPoints Near pivot point
Bounced off pivot point alerts
Option to scan symbols in Market Watch instead of list
Bollinger Bands upper-lower filter alerts