buy sell pivots indicator for mt4

The Buy Sell Pivots Indicator for MT4 is responsible for displaying buy sell arrows based on market pivot levels.

Example chart:

buy sell pivots indicator mt4 example chart

How to use the Buy Sell Pivots Indicator for MT4?

Once the buy sell pivots are is activated in the MetaTrader 4 platform, you will notice lots of upward and downward arrows on the chart. These are pivot highs and lows that can be considered as accurate reversal points.

This is a great candidate for scalpers, since the indicator provides alerts when a signal occur and usually there are many signals.

Generated signals are straightforward – when a blue arrow appears, traders should consider a long position, and in case of a red arrow, it’s a good idea to look for a short opportunity.

On the other hand, the number of provided signals makes it a bit noisy, so wise traders use it in conjuction with other technical indicators to confirm their ideas.


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