Custom Pivot Points Indicator with 4 Time Frames
This Custom Pivot Points Indicator is a technical analysis tool typically used in trading to identify potential support and resistance levels across multiple time frames. It combines pivot points calculated from different periods (such as daily, weekly, monthly, and 4-hour charts) to provide traders with a comprehensive view of price action and market sentiment. By considering these various time frames, traders can better make informed decisions about entry and exit points in their trading strategies.