Pivot RS session

Pivot RS session


The indicator shows Pivot levels and uses a special background color for the session, during which the levels were calculated.

Indicator input parameters:

//| Indicator input parameters                   |
input Hour   StartHour=H08;              // Hour of session start
input Min    StartMinute=M00;            // Minute of session start
input uint   SessionTime=400;            // Session time in minutes
input color  Color_Session = clrPlum;    // Session color
input color  Color_Res = clrBlue;        // Color of resistance
input color  Color_R30 = clrGreen;       // Color of level R30
input color  Color_R20 = clrGreen;       // Color of level R20
input color  Color_R10 = clrGreen;       // Color of level R10
input color    Color_P=clrDarkOrchid;    // Color of level P
input color  Color_S10 = clrRed;         // Color of level S10
input color  Color_S20 = clrRed;         // Color of level S20
input color  Color_S30 = clrRed;         // Color of level S30
input color  Color_Sup = clrMagenta;     // Color of support
input STYLE  Style_Res = SOLID_;         // Support line style
input STYLE  Style_R30 = SOLID_;         // Line style of level R30
input STYLE  Style_R20 = SOLID_;         // Line style of level R20
input STYLE  Style_R10 = SOLID_;         // Line style of level R10
input STYLE    Style_P = DASH_;          // Line style of level P
input STYLE  Style_S10 = SOLID_;         // Line style of level S10
input STYLE  Style_S20 = SOLID_;         // Line style of level S20
input STYLE  Style_S30 = SOLID_;         // Line style of level S30
input STYLE  Style_Sup = SOLID_;         // Resistance line style
input Width  Width_Res = Width_2;        // Width of resistance line
input Width  Width_R30 = Width_1;        // Line width of level R30
input Width  Width_R20 = Width_2;        // Line width of level R20
input Width  Width_R10 = Width_3;        // Line width of level R10
input Width    Width_P = Width_1;        // Line width of level P
input Width  Width_S10 = Width_3;        // Line width of level S10
input Width  Width_S20 = Width_2;        // Line width of level S20
input Width  Width_S30 = Width_1;        // Line width of level S30
input Width  Width_Sup = Width_2;        // Width of support line

This indicator was first implemented in MQL4 and published in the Code Base at mql4.com on 30.01.2008.


MT5 Indicator – Download Instructions

Pivot RS session is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.

Pivot RS session provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install Pivot RS session.mq5?

  • Download Pivot RS session.mq5
  • Copy Pivot RS session.mq5 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on Pivot RS session.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator Pivot RS session.mq5 is available on your Chart

How to remove Pivot RS session.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Click here below to download MT5 Indicator:

Pivot RS session

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