What is the best pivot point or support and resistance indicator for MT4?

mosesbet

Hi,

I want to incorporate pivot points and/or Support and Resistance in my trading strategy. What's the best MT4 indicator you can recommend for trading on the M1 and M5 time-frames?

lotzofbotz

Until one understands the fundamentals of trading, indicators systems or any other number of SUBJECTIVE tools are used by tools... Rewiring your brain to become OBJECTIVE is the key. Then it will matter little what method or system you use. When what you trade with is not working you can reduce your losses trade less or even change to fit back to your primary objective of being profitable. This requires patience discipline control logic putting aside your emotions and seeing things as they are and not as you wish them to be which will only cloud your judgement and does to most.

BryanMac

Look thru these videos too

http://forum.binaryoptions.net/categories/free-webinar-recordings-indicator-packs

arbtrader

Video Showing best indicators packs.

Okane

I like Fibopiv_v2 it's good on M1 all the way up to H4.