About the Camarilla Pivot Points Indicator
The Camarilla Pivot Points indicator for MT4 is an advanced pivot-based trading tool designed for intraday and short-term Forex trading.
It calculates and displays the main pivot point together with five support levels and five resistance levels, giving traders a detailed map of potential price reactions.
Unlike basic pivot indicators, this version also includes dedicated breakout levels for both long and short trades.
These breakout zones appear directly on the chart with explanatory text, helping traders quickly recognize momentum-driven opportunities.
The indicator also provides useful market context by showing the previous day’s high, low, and range, along with the current day’s developing range.
This information appears in the top-left corner of the chart and supports better session-based decision-making.
Camarilla Pivot Points works well in ranging markets, trending conditions, and during high-volatility sessions.
It suits traders who rely on price levels rather than oscillators.
Free Download
Download the “camarilla-pivot-points.mq4” MT4 indicator
Key Features
- Displays the central Camarilla Pivot Point.
- Plots five support and five resistance levels.
- Includes breakout levels for bullish and bearish momentum trades.
- Shows previous day high, low, and range data.
- Displays the current day’s developing range.
- Works on all Forex pairs and intraday timeframes.
Indicator Chart
The Camarilla Pivot Points indicator plots multiple horizontal levels across the price chart.
These levels mark potential support, resistance, and breakout zones.
Traders can visually track how price reacts around the pivot point and higher or lower Camarilla levels during the trading session.
Guide to Trade with Camarilla Pivot Points Indicator
Buy Rules
- Open a buy trade when price trades above the Camarilla Pivot Point.
- Look for bullish reactions near upper support levels.
- Enter long trades when a bullish breakout level is triggered.
- Confirm that price holds above the pivot after entry.
Sell Rules
- Open a sell trade when price trades below the Camarilla Pivot Point.
- Look for bearish reactions near lower resistance levels.
- Enter short trades when a bearish breakout level is triggered.
- Confirm that price holds below the pivot after entry.
Stop Loss
- For buy trades, place the stop loss below the nearest Camarilla support level.
- For sell trades, place the stop loss above the nearest Camarilla resistance level.
Take Profit
- For buy trades, target the next higher Camarilla resistance level.
- For sell trades, target the next lower Camarilla support level.
Camarilla Pivot Points and Super Arrow Forex Day Trading Strategy for MT4
This MT4 day trading strategy combines the support and resistance levels of the Camarilla Pivot Points MT4 Forex Indicator with the precise entry timing of the Super Arrow MT4 Forex Indicator.
The strategy is designed for intraday trading, allowing traders to capture high-probability moves on M15 and M30 charts.
It works best during London and New York sessions when liquidity is high.
The Camarilla Pivot Points indicator helps identify key support and resistance levels.
Prices trading above the pivot point indicate bullish conditions and suggest looking for buy opportunities, while prices below the pivot point indicate bearish conditions and suggest sell opportunities.
The Super Arrow indicator provides clear buy and sell signals with green and red arrows, helping traders enter trades with better timing and precision.
This combination gives traders a structured approach to day trading by aligning price action with pivot levels and timing entries using the arrow signals.
Buy Entry Rules
- Price must be above the Camarilla pivot point, confirming bullish bias.
- Open the chart of the selected pair and apply the Super Arrow indicator.
- Wait for a green arrow to appear, signaling a buy opportunity.
- Enter a buy trade at the close of the candle where the green arrow appears.
- Place the stop loss below the nearest Camarilla support level or recent swing low.
- Keep the buy trade open as long as price remains above the pivot point and no red arrow appears.
- Close the trade immediately if price falls below the pivot point or a red arrow appears.
Sell Entry Rules
- Price must be below the Camarilla pivot point, confirming bearish bias.
- Open the chart of the selected pair and apply the Super Arrow indicator.
- Wait for a red arrow to appear, signaling a sell opportunity.
- Enter a sell trade at the close of the candle where the red arrow appears.
- Place the stop loss above the nearest Camarilla resistance level or recent swing high.
- Keep the sell trade open as long as price remains below the pivot point and no green arrow appears.
- Close the trade immediately if price rises above the pivot point or a green arrow appears.
Advantages
- Combines pivot-based trend direction with precise entry signals for higher probability trades.
- Clear trading signals from pivot levels and arrows make intraday trading straightforward.
- Reduces the risk of trading against the market trend.
- Easy to follow and implement without complex indicators or settings.
Drawbacks
- Requires constant monitoring to respond quickly to pivot level breaches or arrow reversals.
- Pivot points can be broken during high-impact news events, leading to false signals.
- Intraday price spikes may trigger stop losses prematurely, especially on lower timeframes.
Case Study 1
On EURUSD M15 during the London session, price was trading above the Camarilla pivot point, indicating bullish bias.
A green arrow appeared from the Super Arrow indicator near a minor support level.
A buy trade was entered and held while price remained above the pivot and no red arrow appeared.
The trade was closed when a red arrow formed, capturing a profitable intraday upward move for 22 pips profit.
Case Study 2
On USDJPY M30 during the New York session, price was below the pivot point, indicating a bearish trend.
A red arrow appeared from the Super Arrow indicator after a brief retracement.
A sell trade was entered and maintained while price remained below the pivot.
When price moved back above the pivot point, the trade was closed, securing a successful intraday downward move for 35 pips profit.
Strategy Tips
- Always trade in the direction of the pivot point bias to stay aligned with the intraday trend.
- Use the Super Arrow signals only as confirmation and avoid chasing trades against the pivot bias.
- Focus on major currency pairs and gold during high liquidity periods for stronger and more reliable moves.
- Place stops near recent swing highs or lows and close to pivot levels to protect your trades from sudden reversals.
- Close trades immediately if the arrow signal reverses or the price crosses the pivot point to lock in profits and reduce losses.
- Keep a detailed trading journal to track which pairs, timeframes, and session hours work best with this strategy for consistent improvement.
Download Now
Download the “camarilla-pivot-points.mq4” Metatrader 4 indicator
FAQ
What makes Camarilla levels different from classic pivot points?
Camarilla levels focus on tighter intraday price ranges and are designed to capture short-term reversals and breakouts rather than long swing moves.
Are the breakout levels suitable for news trading?
The breakout levels can react well during high volatility, but they are best used when price shows follow-through rather than sudden spikes.
Can this indicator be used for scalping?
Yes, the close spacing of Camarilla levels makes the indicator popular among scalpers trading lower timeframes such as M5 and M15.
Does the indicator adjust automatically each day?
The levels recalculate automatically based on the previous trading day’s price data, keeping the pivot structure updated for each new session.
Summary
The Camarilla Pivot Points indicator provides a detailed level-based trading framework for intraday traders.
Its combination of pivot points, multiple support and resistance levels, and breakout zones offers flexibility across different market conditions.
By combining price reaction trading with breakout opportunities, the indicator helps traders stay focused on key levels throughout the session.
It is especially useful for traders who prefer structured, price-driven analysis.
