kate25

Using pivots to determine price strength

FX:NZDCHF   New Zealand Dollar/Swiss Franc
104 0 12
This chart has the scripts for the smaller pivot frames developed by Glaz for myself. This is merely a different take on averages crossing except using pivots . If one trades every 6hr pivot cross on the daily your odds at best are 1/1 win lose. If you trade only the 6hr pivot crosses consistent with the trend the daily pivots are in your odds increase to 3/1 win lose. Now if price is consolidating this system as it is will not work one needs to adjust all the pivot frames down. If I wanted to be in a trade anytime this past month on this pair I can see what way the daily pivots are trending and take the trade on the 6hr pivot that is consistent with the trend or wait for the 6hr pivot to retrace and enter there.
https://www.youtube.com/watch?v=FM7MFYoylVs

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out