Piovt Points

one of the mainstay indicators and must be present in my trading system is the pivot point. In my opinion, pivots have their own characteristics and strengths so they can be used as a good indicator for analysis.

I've added settings for my pivot indicator and in my opinion this pivot indicator is quite good, especially for traders who are suitable for this indicator.

just like fibo, pivot points are also often used to find support and resistance points, it's just that the pivot point can be found in the supply and demand area so it is more accurate.

The pivot point is a multi-functional indicator, besides being able to be used for static support resistance, it can also be used to implement a breakout strategy and trend forwarding.

These pivot points are great to use. They can help us as traders to determine potential support and resistance areas.
I mean a crucial point that is potentially very important.
The pivot area uses a number of calculations from the highs and lows of a market.

using the pivot point manually is a bit difficult in my opinion because we have to calculate manually and it's too long, use a ready-made automatic indicator so that we can directly open the position

Pivot Point is one method to help a trader to predict/technically analyze price movements by taking into account the highest, lowest and closing prices in the previous period. With the help of this formula a trader will usually be able to find points where prices will experience a reversal or breakout.

usually this strategy is good to use to determine support and resistance.