Free MT5 Pivot Points Indicator – FXTT Pivot Points

Free MT5 Pivot Points Indicator for MetaTrader 5

The FXTT Pivot Points tool is a free and open-source utility for traders who want cleaner structure on MT5 charts. This MT5 Pivot Points Indicator automatically plots key levels that many traders use to frame market direction, map reaction zones, and plan entries or exits around objective price references instead of guesswork.

Open source: View the GitHub repository here: github.com/ForexTradingTools/fxtt-mt5-pivot-points

You can also discover related tools in our MT5 Indicators category.

Fxtt Pivot Points Indicator for MT5

Supported Pivot Methods

FXTT includes five popular calculation styles so you can choose the model that best matches your strategy:

• Classic: widely used baseline for support and resistance planning.
• Fibonacci: suitable for traders who combine retracement logic with session structure.
• Camarilla: often preferred in mean-reversion and intraday reversal setups.
• Woodie: emphasizes close price weighting for an alternative session read.
• DeMark: simplified level model for directional bias and trigger zones.

Timeframe Flexibility for Different Trading Styles

The indicator supports Daily, Weekly, and Monthly pivots. This makes it adaptable for short-term and swing workflows:

• Use Daily pivots for intraday context and session-to-session planning.
• Use Weekly pivots for balanced structure when holding trades longer.
• Use Monthly pivots for broader trend context and macro level mapping.

Because these settings are available from Inputs, you can test a consistent routine across symbols without changing your core process.

Chart Clarity and Customization

A key advantage of this indicator is control over visual clarity. You can show or hide central pivot, resistance group, support group, and labels independently. You can also tune line colors, styles, and widths so levels are visible without overwhelming your chart template.

This matters when you are monitoring multiple charts quickly. A clear visual hierarchy helps reduce reaction time and keeps your analysis repeatable, especially during volatile sessions.

Practical Trading Use Cases

Traders commonly apply pivot levels in three practical ways:

• Rejection setups: watch for price reaction around PP, R1, or S1 with confirmation candles.
• Breakout continuation: evaluate strength when price closes through resistance or support.
• Target planning: use pivot levels as structured zones for partial exits and risk-to-reward planning.

When combined with your own filters such as trend bias, volatility, or session timing, pivot levels become a consistent decision framework rather than a standalone signal.

Pivot-Points-Breakout-Example

Open Source and Built for Process-Driven Traders

Because the project is open source, traders and developers can inspect implementation details, verify logic, and adapt behavior to their own workflow. This transparency is valuable if you maintain strategy documentation, share setups with a team, or want to extend features in the future.

The indicator is free to use, quick to configure, and suitable for both discretionary and system-oriented chart analysis. Install it once, standardize your preferred method, and keep your level mapping consistent across markets and timeframes.

Download, apply, and test it in your normal routine with proper risk management and broker-specific execution constraints.