Special Airlines Pivot Indicator

"Navigate Market Trends with Precision – Your First-Class Ticket to Trading Success!"

🔹 Overview

The Special Airlines Pivot Indicator is a comprehensive pivot point system for MetaTrader 4 that combines three powerful calculation methods into one visual tool. It provides:

✔ Classic Floor Pivots (Standard support/resistance)

✔ Camarilla Levels (Intraday breakout zones)

✔ Mid-Pivot Points (Additional reference levels)

Ideal for day traders, scalpers, and swing traders who need clear price reference points across all timeframes.

🔹 How It Works

The indicator calculates daily pivot points using:

Classic Formula:

Pivot (P) = (High + Low + Close)/3

Support/Resistance Levels (S1-S3, R1-R3)

Camarilla Formula:

Special H3-H5/L3-L5 levels for intraday breakouts

Uses unique multipliers (0.55, 0.275, etc.)

Mid-Pivot Points:

Additional levels between main pivots (M0-M5)

🔹 Indicator Settings

🔸 Core Parameters

ParameterDescription

GMTshiftAdjust for your broker's timezone (Default: 0)

pivotsShow Classic Pivots (Default: true)

camarillaShow Camarilla Levels (Default: true)

midpivotsShow Mid-Pivot Levels (Default: true)

🔸 Visual Features

Color-Coded Lines:

Resistance (Red)

Support (Blue)

Pivot (Lime)

Camarilla (Green/Orange)

Text Labels: Clear level identification

🔹 How to Use in Trading

1. Classic Pivot Strategy

Buy near S1/S2 with bullish confirmation

Sell near R1/R2 with bearish confirmation

2. Camarilla Breakout Strategy

Strong Buy Signal: Price breaks & holds above H4

Strong Sell Signal: Price breaks & holds below L4

3. Mid-Pivot Bounce Strategy

Use M1-M5 levels as secondary support/resistance

🔹 Trading Tips

✔ Combine with candlestick patterns for higher accuracy

✔ Watch for confluence between different pivot types

✔ Adjust GMTshift to match your broker's daily candle close

🔹 Alert System

No built-in alerts

Manually set price alerts on key levels

🔹 Developer & Source

Developer: R.KH 1001

Website: https://www.robomql.com

Final Words

The Special Airlines Pivot Indicator gives traders a complete pivot point toolkit with multiple calculation methods in one clean display. Whether you trade breakouts, reversals, or ranges, these levels provide objective reference points for your trading decisions.

✈️ Fasten Your Seatbelt – Let Special Airlines Guide Your Trading Journey! ✈️