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Home Forex MT4 Indicators Float Pivot Indicator for MT4

Float Pivot Indicator for MT4

The Float Pivot is a forex indicator based on the dynamic pivot points. This tool recalculates the pivot point dynamically at the open of each new candlestick or bar for chosen timeframe and currency pair.

It is really easy to use this indicator. When the candlesticks are placed above middle line you should consider it as uptrend. Analogically, the candlesticks are placed below middle line you should consider it as downtrend.

You can add this tool to your already profitable trading system as a very good addition.

How to trade with Float Pivot / Floating Pivot indicator?

Look for BUY opportunities when:

  • Price went up and closed above the middle pivot point.
  • Exit the trade when you see the opposite signal.

Look for SHORT opportunities when:

  • Price went down and closed below the middle pivot point.
  • Exit the trade when you see the opposite signal.

Float Pivot MT4 Indicator free download:

To download this indicator or trading system just click the button below:

LINK

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