Ant Rider Pivot Indicator

"Master the Markets with Precision Pivots – Ride the Trends Like a Pro!"

🔹 Overview

The Ant Rider Pivot Indicator is a powerful MetaTrader 4 (MT4) tool designed to identify key support/resistance levels using classic pivot points, Fibonacci retracements, and Camarilla levels. It helps traders:

✔ Spot reversal zones

✔ Identify breakout opportunities

✔ Set logical stop-loss & take-profit levels

Ideal for day traders, swing traders, and scalpers who rely on price action and pivot-based strategies.

🔹 How It Works

The indicator calculates three types of pivot systems:

Classic Pivot Points (Standard Floor Pivots)

Fibonacci Pivots (Support/Resistance based on Fib ratios)

Camarilla Levels (Intraday breakout/reversal zones)

Key Features:

Multi-Level Pivots – R1, R2, R3, S1, S2, S3

Dynamic Price Zones – Adjusts automatically to new sessions

Clear Visuals – Color-coded lines & labels

Works on All Timeframes (Except D1)

🔹 Indicator Settings

🔸 Core Parameters

ParameterDescription

pivotsEnable Classic Pivot Points (Default: FALSE)

camarillaEnable Camarilla Levels (Default: TRUE)

midpivotsEnable Mid-Pivot Levels (Default: FALSE)

MyPeriodPivot calculation period (Default: 1440 = Daily)

🔸 Display Options

Dashed Lines – Support/Resistance zones

Text Labels – Clear level identification

Commentary Box – Shows key levels in the chart

🔹 How to Use in Trading

1. Classic Pivot Points (Floor Pivots)

Pivot (P) = Main reference level

R1, R2, R3 = Resistance zones

S1, S2, S3 = Support zones

Trade Setup:

Buy near S1/S2 with bullish confirmation.

Sell near R1/R2 with bearish confirmation.

2. Fibonacci Pivots

Uses 38.2%, 61.8%, and 99% Fib levels from the daily range.

Trade Setup:

Look for bounces at Fib S1 (38.2%) or Fib S2 (61.8%).

Watch for rejections at Fib R1 (38.2%) or Fib R2 (61.8%).

3. Camarilla Levels

H3, H4 = Breakout resistance

L3, L4 = Breakdown support

Trade Setup:

A close above H4 signals a strong bullish breakout.

A close below L4 signals a strong bearish breakdown.

🔹 Trading Strategies

▶ Reversal Strategy

Enter long near S1/S2 with RSI 30 & bullish candlestick.

Enter short near R1/R2 with RSI 70 & bearish candlestick.

▶ Breakout Strategy

Buy if price breaks & closes above H4 (Camarilla).

Sell if price breaks & closes below L4 (Camarilla).

▶ Range-Bound Strategy

Fade moves at R3/S3 in choppy markets.

🔹 Alert System

No built-in alerts, but traders can manually set alerts on key levels.

🔹 Developer & Source

Developer: R.KH 1001

Website: https://www.robomql.com

Final Words

The Ant Rider Pivot Indicator is a versatile, multi-pivot system that adapts to any trading style. Whether you're a scalper, day trader, or swing trader, this tool helps you navigate the markets with precision.

🚀 Ride the Market Waves – Let Pivots Guide Your Trades! 🚀