Indicator draws daily pivot levels.
ExtFormula (0 to show pivots, 1 to show support/resistance)
ExtHowManyDays – number of days to proceed
ExtDraw – draw extra levels
Indicator automatically draws weekly pivot levels on all timeframes.
Easy to use, no input parameters – just colors.
Indicator draws a channel with explanation.
SUGGESTIONS FOR USE
– Put on WK chart, set color, remove from chart
– Change TF to D1, set color, remove from chart
– Do the same on 4HR TF
Simple proper colored and commented Murray Match levels.
Indicator home: http://www.forex-tsd.com/indicators-metatr…urray-math.html
Shows maximum, minimum and average volatility for last X bars in separate indicator window.
Number of bars to count
Tim Morris MA.
Created by Tim Morris in 29th May 2004 (version 2).
Converted for MT4 by Nikolay Kositsin in 2005.
\”use short duration bars e.g.
5min set length to give required speed of response
increase damping to eliminate overshooting
Lower length will require Higher damping\”.
Length = 10;//inverse of driving coefficient
damping = 5;//smoothing (percent)
maxgap = 30;//maximum week gap ignored (pips)
Shift = 0;
CountBars = 300;//drawn per call – tune this to avoid