IVT Sure Shot Pivots Metatrader 4 Indicator

The IVT  Sure Shot Pivots indicator is a complete Pivot Point indicator designed for MT4. It automatically draws the most important support and resistance levels, and the Pivot Point itself on any chart and timeframe. It also includes the previous days’ range and time for the next bar.

General Assumptions

Bullish: Price above the Pivot Point
Bearish: Price below the Pivot Point
Extremely Overbought: Price above R3
Extremely Oversold: Price below S3

EUR/USD 4 Hour Chart Example