Daily Pivot is The Best Indicator

Among the many indicators that there are only one of the best indicators, namely the Daily Pivot. Why is this so? Because the Daily Pivot indicator can be used as limit market price moves in a daily period. The workings of this indicator are showing us the daily pivot levels, support and resistance automatically. We don't need to confuse to determine the levels of daily support and resistance, since this indicator was already calculating automatically and are reflected in the form of lines, pivot support, and resistance. 

The most basic thing that has to be known by the trader is the price movement of the market will move in a certain boundary. The fact that a certain boundaries recognized by traders around the world that it is a level of importance. Therefore, it has become some sort of agreement that will happen every day and formed new support and resistance. This is what we can use as a guide to trading. If we can already see the level of support and resistance levels it will be easy to read further into the direction of price movement. Therefore, this indicator we refer to as the best indicator. Following is the display of the indicator Daily Pivot:

If we look at these indicators consist of pivot line (purple), the line resistance (chocolate color), and the line resistance (green color). The lines were used as guidelines for reading the direction of price movements in the market. 

The pivot line (purple) as dot runway price movement. Typically, if price movements are at the top of the pivot line then the day's price movements tend to be bullish. If price movements are under the pivot line then the price movement on the day it tends to be bearish.

Then, how do I use trading indicators Daily Pivot?

Note the picture below:

Open Buy

• If the price can penetrate the line level from the ground up means the price will continue to rise. We can order buy.
• Or if the price cannot penetrate level below it then bounced upward, then we open buy.

Open Sell

• If the price can penetrate the line level from the top down means the price will continue to fall.  We can sell order.
• Or if the price cannot penetrate the level above it then bounced down, then we open sell.

So, our focus is on the price movements when reaching the level of support or resistance. Whether the price will break or reject. Simple isn't it?

The indicator can be downloaded on the link below.

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