What is fxr_pivot-points-extra Indicator?
fxr_pivot-points-extra is an MT4 indicator that calculates and displays pivot lines from a selected timeframe. Daily, weekly, or monthly reference periods can be reviewed from the same chart view.
Optional screen, mobile, and email notifications can draw attention when price approaches or crosses a displayed pivot level. The lines remain visual reference points for chart context.
How to Use It in Practice
Use the pivot display as a reference while reviewing price behavior:
- Add the indicator to an MT4 chart and choose the Pivot_Point_timeframe setting.
- Review the displayed pivot lines together with current price behavior and surrounding structure.
- Enable use_alert, use_mobil_notification, or use_email_notification when those notifications are needed.
- Keep the related MetaTrader notification settings configured for the selected delivery method.
Pivot references from multiple timeframes can be reviewed on one chart, optional notifications reduce the need for continuous screen watching, and the timeframe setting keeps the calculation explicit.
MT4 Indicator Parameters
The screenshot above shows the default input parameters in the MT4 settings window.
| Parameter | Description |
|---|---|
| Pivot_Point_timeframe | Selects the timeframe from which pivot levels are calculated. For example, setting this to D1 will use daily pivots on all chart timeframes. |
| use_alert | Enables or disables on-screen alert notifications when price approaches a pivot level. |
| use_mobil_notification | Turns on mobile push notifications. Requires MetaTrader mobile app and proper setup. |
| use_email_notification | Enables email alerts when price reaches or crosses a pivot level. You must configure the email settings in the platform first. |
