Featured image of post Camarilla Pivot Points for MT4/MT5 - Advanced Support & Resistance Indicator

Camarilla Pivot Points for MT4/MT5 - Advanced Support & Resistance Indicator

Professional Camarilla Pivot Points indicator for MetaTrader 4 and 5. Generate precise intraday support and resistance levels with customizable time ranges and automated trading capabilities.

Table of Contents

  1. Overview
  2. Key Features
  3. Video Tutorial
  4. Installation Guide
  5. Usage Guide
  6. Parameters
  7. Trading Strategies
  8. Contact & Support

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Overview

The Camarilla Pivot Points indicator is a powerful math-based price action analysis tool that generates precise intraday support and resistance levels. Available for both MetaTrader 4 and MetaTrader 5, this professional indicator helps traders identify key price levels for better entry and exit points.

Key Features

  • Dual Platform Support: Works on both MT4 and MT5
  • Automated Trading Ready: Output buffers for EA integration
  • Customizable Time Ranges: Multiple symbol types supported
  • New York Time Based: Accurate calculations for global markets
  • Visual Customization: Adjustable display options
  • Multiple Asset Support: Works with forex, stocks, indices, and more
  • Precise Calculations: Based on mathematical formulas

Video Tutorial

Watch our comprehensive video tutorial to see the Camarilla Pivot Points in action:

Installation Guide

  1. Purchase via MQL5 Market or using the crypto payment option above
  2. Download and extract the files
  3. Copy the files to your MT4/MT5 installation directory:
    • MT4: Terminal_Directory\MQL4\Indicators\
    • MT5: Terminal_Directory\MQL5\Indicators\
  4. Restart MetaTrader or refresh the Navigator panel
  5. Find the indicator in the Navigator panel under “Indicators”

Usage Guide

Manual Trading

  • Support Levels: Look for buying opportunities at support levels
  • Resistance Levels: Look for selling opportunities at resistance levels
  • Breakout Trading: Trade breakouts of key levels
  • Range Trading: Trade bounces between levels

Automated Trading

  • EA Integration: Use indicator values in your Expert Advisors
  • Custom Strategies: Develop your own trading systems
  • Signal Generation: Create automated entry and exit signals

Parameters

Show Values in Data Window

  • Type: Boolean (true/false)
  • Default: false
  • Description:
    • true: Generates output data for EA integration
    • false: Produces visually appealing plots for manual trading

Symbol Type

  • Options: Stock/ETF, Forex Pair, Index/Gold/Silver, Custom Time Range
  • Description: Determines the time period for pivot point calculations
  • Time Ranges:
    • Stock/ETF: 9:30 am - 4:00 pm New York time
    • Forex Pair: 5:00 pm - 5:00 pm New York time
    • Index/Gold/Silver: 6:00 pm - 6:00 pm New York time
    • Custom Time Range: User-defined period

New York - Broker Offset

  • Type: Integer
  • Description: Time offset between New York time and broker’s time
  • Usage: Essential for accurate calculations
  • Type: Boolean (true/false)
  • Default: true
  • Description: Display pivot prices near the levels

Custom Time Range Parameters

  • Custom Period Hour: Start hour for custom time range
  • Custom End Hour: End hour for custom time range
  • Custom End Minutes: End minutes for custom time range
  • Usage: Required when Symbol Type is set to Custom Time Range

Trading Strategies

Basic Strategy

  1. Support Level Trading:

    • Buy when price approaches support levels
    • Set stop loss below the support level
    • Take profit at the next resistance level
  2. Resistance Level Trading:

    • Sell when price approaches resistance levels
    • Set stop loss above the resistance level
    • Take profit at the next support level

Advanced Strategies

For more detailed trading strategies, visit:

Screenshots

Camarilla Pivot Points - Main Interface

Main interface showing support and resistance levels Camarilla Pivot Points - Close View

Camarilla Pivot Points - Input Parameters

Camarilla Pivot Points - Output Buffers

Camarilla Pivot Points - Custom Time Range

Contact & Support

For technical support, bug reports, or feature requests:

  1. Contact us through the MQL5 Market
  2. Use the contact form below
  3. Join our community for discussions and updates

Note: This indicator is provided for educational and informational purposes only. Trading involves risk, and past performance is not indicative of future results.