Trading-Forex-Indicators Archives

Daily Pivot Levels and Support/Resistance

You can see what the Daily Pivot levels are by visiting here (Look at the DAILY figures) These levels are based on the previous days price activity and are commonly used by Forex Traders as possible levels of Support and Resistance. The other levels used are basically the previous highs and lows – places where the supply was overcome by demand (and vice-versa).

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Metatrader4 OsMA Indicator

Here’s the OsMA indicator. Download it and put in the “experts>indicators” directory of Mt4 and then re-start Mt4 and it should appear in the list of Custom Indicators

http://www.howtodaytrade.ws/images/osmacolour.zip

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