Friday, August 31, 2018
Introduction
On this article i will explain a very logic, but simple way to trade on the market using the Camarilla Pivot Points, i will use graphical case studies so they will be no misunderstandings. This strategy works because "Price has natural tendency to go back to the mean price", with this in mind, we will focus on 8 lines mainly the four most interesting levels H4, H4, L3 and H4.
What are the Camarilla Pivot Levels (Graphically)
The Camarilla Pivot points/levels are a set of divider lines on your chart that mark four Support and Resistance levels of a current trend. We use these levels
to target TakeProfit and Stoplose of an order. All types of traders can implement the Camarilla pivot levels, but is mostly famous among intraday traders.
from MQL5: Traders' Blogs https://ift.tt/2PSAFaw
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