What is ICT Daily MidPivots?
ICT Daily MidPivots plots the daily pivot point together with the intermediate levels around it. Daily PP sits in the middle and is drawn in purple, with Daily MR1 to MR3 above and Daily MS1 to MS3 below.
MR stands for Mid Resistance and MS for Mid Support. Rather than the usual R1 to R3 and S1 to S3, these lines mark the price bands between the major pivots, which suits day trading on 15-minute and hourly charts.
How to use ICT Daily MidPivots
Read Daily PP first, then the intermediate lines. Daily PP is the center line for the day, with MR1 to MR3 above it and MS1 to MS3 below.
- The mid-levels sit between the major pivots, so note where one coincides with an established horizontal level. Set ShiftHrs when your broker server time differs from the daily boundary you want; it is the only input this indicator exposes.
Where it helps
MR and MS lines add references where the standard pivots leave a wide gap, Daily PP stays visible in purple as the reference for the session, and the extra lines fill the gaps the standard pivots leave.
MT4 Indicator Parameters
The table below lists the available MT4 indicator parameters. You can customize these options in the MetaTrader Inputs dialog to match your trading preferences.
| Parameter | Description |
|---|---|
| Pivot Hour Shift | Shifts the reference time used for the pivot calculation when your broker server time differs from the daily boundary you want. Default: -6. |
The screenshot above shows the default input parameters in the MT4 settings window.
How to Install .ex4 Indicator in MetaTrader 4
- Download the ZIP file and extract it.
- In MT4, select File → Open Data Folder.
- Open MQL4 → Indicators and copy the EX4 or MQ4 file into it.
- If the package includes library files, copy them to MQL4 → Libraries. Copy TPL files to the top-level templates folder.
- Restart MT4, find the indicator in the Navigator, and drag it onto a chart.
Test the tool on a demo account first. File contents and required folders can vary between packages.
