Auto Pivot Indicator
The Auto Pivot Indicator is used to automatically find the pivot on the daily base, weekly base or monthly base. There is no need to hire a special person for this work the Auto Pivot Indicator plays a role of a finder. As this is a forex indicator so this Auto Pivot Indicator can be used with any forex trading strategy. This Auto Pivot Indicator can also be used with any type of currency pair that are used in the forex market for the market trading purpose.
Simple and easy tool
This is a type of tool that the traders they are interested in the pivot factors or can say pivot levels can use this indicator easily. This a simple tool and also easy to understand that there is no need to get a detailed information about it.
The Auto Pivot Indicator plots the pivot levels on the chart according to the defined time frame. There is no wastage of time and money. There are basically two kind of levels in this indicator name as resistance level and the second is support level. The traders before taking any decision about the trading positions that may be long trading positions or short trading positions wait for a specific action of the price that when the price will come neat to the any level then they will give any command.
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