Just as with most Pivot Point indicators, it plots dashed lines to indicate the Pivot Point levels including the support and resistance levels. It is a modified version of the traditional Pivot Point which allows shifting of the hour used as the start of day for the Pivot Point computation. The Shifted Daily Pivot Points indicator is a custom Pivot Point indicator. What is the Shifted Daily Pivot Points Indicator? Thus, we can adjust it to align our Pivot Point levels with that of the major markets. The Shifted Daily Pivot Points indicator can remedy this because it can shift the start of day used forward or back. On the other hand, professionals use the start of day of major markets. This is because the start of day used by regular Pivot Point indicators are based on the broker’s server time. However, the levels that regular Pivot Point indicators plots are not the same as what the professionals use.

It is very logical for retail traders to trade using this indicator so that we may see what levels the professionals are looking at. Pivot Point indicators are some of the most reliable technical indicators that professional and institutional traders use. Introduction to the Shifted Daily Pivot Points Indicator

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