Forex H4 Time Frame Trading with Auto Pivot Plotter System

The Most Accurate Auto Pivot Plotter Strategy for H4 Time Frame Chart – Many traders keep a watchful eye on daily pivot points, as they are considered to be key levels at the intraday timeframe.

We will go through the basic aspects of Forex Pivot Points and we will discuss a couple trading strategies that can be used with daily pivot points.

 

Forex pivot points are calculated horizontal price levels on the chart.

These levels show potential areas where the price can reverse, especially during the first touch of these levels.

Many Forex traders make their intraday trading decisions based on daily pivot levels, and as such it is important for intraday traders to watch price action at these levels closely.

Forex Auto Pivot Plotter System designed to trade the market on H4 and D1 Time Frame chart. This is a very easy and simple trading system.

• Time Frame: H4 and D1
• Currency Pairs: Any

 

• Auto Pivot Plotter
• RSI
• Trend Friend Follow
• Moving Average

 

• Download “ForexWOT.Com-AutoPivotPlotterSystem” (Zip/RAR File).
• Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
• Copy the “ForexWOT.Com-AutoPivotPlotterSystem.tpl” file (template) to your Metatrader Directory …/templates /
• Start or restart your Metatrader Client.
• Select Chart and Timeframe where you want to test your forex system.
• Right-click on your trading chart and hover on “Template”.
• Move right to select “ForexWOT.Com-AutoPivotPlotterSystem” trading  system and strategy
• You will see “Forex Auto Pivot Plotter System” is available on your Chart

 

• Auto Pivot Plotter:
  • Upward and above EMA 20
  • Price break above blue line
• RSI: Upward and above level 55
• Trend Friend Follow: BUY

 

• Auto Pivot Plotter:
  • Downward and below EMA 20
  • Price break below maroon line
• RSI: Downward and below level 45
• Trend Friend Follow: SELL

 

• Initial Stop loss above or below the pivot lines.
• Exit at the opposite conditions or profit target predetermined.

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