Trading Tools: Pivot Points Indicator by ActivTrades

My favorite broker ActivTrades provides its customers with the very useful add-on: Pivot Points Indicator is a sophisticated indicator designed to help traders make well-targeted trading decisions.
Professional traders often use pivot points as an indicator of the forecast of market movements. The company ActivTrades developed its famous indicator with 3 levels of support and resistance for the MetaTrader 4 and MetaTrader 5 platforms.
 The lines on the chart represent reversal points (orange) and support and resistance levels (blue, brown and green). If the price is higher than the reversal point, the market is usually considered to be "bullish", and at a price below the turning point the market is usually called "bearish". Support and resistance levels help determine the potential levels of the current market trend reversal.


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