The Camarilla Pivots Indicator for MT5 is a powerful tool for Forex traders seeking accurate support and resistance levels. By calculating pivot points based on the previous day’s high, low, and close, the indicator generates a clear framework of eight levels that can help traders identify potential breakout and reversal zones.
Camarilla Pivots are especially valuable for traders looking to structure their trades around high-probability entry and exit points. They work effectively in trending, ranging, and sideways markets, providing a solid foundation for intraday and swing trading strategies.
Camarilla pivot points are calculated using the previous day’s price data:
H = Previous day’s high
L = Previous day’s low
C = Previous day’s close
From these values, the indicator calculates 8 key levels:
Support levels: CL1, CL2, CL3, CL4
Resistance levels: CH1, CH2, CH3, CH4
Among these, CL3, CL4, CH3, and CH4 are the most important:
CL3 / CH3 – Breakout levels; trading with the trend after a break can be profitable.
CL4 / CH4 – Extreme reversal levels; ideal for counter-trend trades.
By monitoring these levels, traders can react effectively to market movements and capitalize on price fluctuations.
The indicator can help identify both trending and sideways markets. Trading decisions are often based on the session opening price and its relation to pivot levels.
Bullish Trend: Buy at support levels, preferably at CL3 with a stop loss at CL4.
Bearish Trend: Sell at resistance levels, preferably at CH3 with a stop loss at CH4.
Use extreme levels CL4 and CH4 to anticipate potential trend reversals.
Confirm reversal trades with momentum indicators such as RSI or stochastic oscillators.
Identify CL3 on the chart.
Wait for the price to form a bullish candlestick.
Enter a long position near CL3.
Place stop loss at CL4.
Target the first resistance CH1 or higher depending on risk/reward ratio.
Identify CH3 on the chart.
Wait for a bearish candlestick to form.
Enter a short position near CH3.
Place stop loss at CH4.
Target the first support CL1 or adjust according to trading plan.
Automatic Support & Resistance: Saves time with precise levels.
Breakout & Reversal Signals: Helps identify high-probability trades.
Multi-Timeframe Use: Works for intraday, daily, and swing trading strategies.
Enhanced Risk Management: Clearly defined entry, stop, and target levels.
By combining Camarilla Pivots with other technical tools like RSI, moving averages, or trend indicators, traders can improve trade accuracy and reduce false signals.
The Camarilla Pivots Indicator for MT5 is an indispensable tool for traders who rely on structured support and resistance levels. By providing automatic pivot points and breakout/reversal zones, the indicator helps traders make informed decisions with high probability entries and exits.
Download the Camarilla Pivots MT5 indicator for free from IndicatorForest.com and improve your trend-based and counter-trend trading strategies today.
Published:
Nov 13, 2025 23:21 PM
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