I am Fran Contreras, Co-founder and CEO of the PymeHelp & Finances Private Investment Pool. As a professional trader with extensive experience, my passion for investments and algorithmic trading has guided my path. Over the years, I have dedicated my time to honing my skills in the financial market, which has allowed me to share my knowledge. I am committed to helping others understand the world of trading and effective strategies for success in the field of “Smart Investing”.
Access to my professional history:
https://www.francontreras.com
This indicator can be set to plot daily, weekly and even monthly pivot levels. It also offers the option to display graphical signals that indicate when the price is crossing a support or resistance level.
Plot classic pivot point levels on the trader’s chosen price chart. This tool allows the trader to plot daily, weekly and monthly pivots in order to visualize important support and resistance levels in different time frames.
The red lines show the resistance levels (R1, R2 and R3), the green lines show the support levels (S1, S2 and S3) and the orange line shows the pivot point (PP).
Based on these levels we can determine possible price reversal zones or target price levels for previously opened trades.