MT4 Camarilla Pivot Points Indicator
MT4 Camarilla Pivot Points Indicator calculates intraday support and resistance levels based on the previous session's high, low, and close. The indicator plots nine levels — four resistance (R1–R4), four support (S1–S4), and a central Pivot Point — and includes a multi-asset dashboard with configurable alerts.
Already a subscriber or have purchased a product?
What the Camarilla Pivot Points Indicator Does
The Camarilla Pivot Points indicator calculates intraday support and resistance levels using a formula derived from the previous session’s price range. Unlike standard Pivot Points, the Camarilla method applies a fixed multiplier (1.1) to the previous session’s high-low spread, distributing the resulting levels symmetrically around the closing price. The result is nine levels: four resistance levels (R1–R4), four support levels (S1–S4), and a central Pivot Point (PP).
The indicator includes a multi-asset dashboard, configurable alerts, and one-click chart switching — allowing analysts to monitor Camarilla levels across multiple instruments and timeframes from a single view.
Calculating Camarilla Pivot Points
All nine levels are derived from the previous session’s high, low, and close:
R4 = CLOSE + ((HIGH − LOW) × 1.1 / 2)
R3 = CLOSE + ((HIGH − LOW) × 1.1 / 4)
R2 = CLOSE + ((HIGH − LOW) × 1.1 / 6)
R1 = CLOSE + ((HIGH − LOW) × 1.1 / 12)
S1 = CLOSE − ((HIGH − LOW) × 1.1 / 12)
S2 = CLOSE − ((HIGH − LOW) × 1.1 / 6)
S3 = CLOSE − ((HIGH − LOW) × 1.1 / 4)
S4 = CLOSE − ((HIGH − LOW) × 1.1 / 2)
PP = (HIGH + LOW + CLOSE) / 3
The S3/R3 and S4/R4 levels are the most commonly referenced. S3 and R3 are commonly referenced as areas where price has historically shown reaction. S4 and R4 represent the outer boundaries — price moving beyond these levels has historically been associated with stronger directional conditions.
How to Interpret and Use the Camarilla Pivot Points Indicator
The indicator is used across several analytical approaches. The sections below describe how Camarilla levels function as structural reference points within each context.
Breakout Analysis
When price moves through a Camarilla level, the indicator registers a breakout condition. The R3/S3 and R4/S4 levels are the primary reference points for this type of analysis.
When price is above R3 and moves back below it, analysts evaluate this as a potential bearish breakout condition — with S1, S2, and S3 as the next structural reference levels. R4 represents the outer boundary in this context.
When price is below S3 and moves back above it, the reverse applies — R1, R2, and R3 become the structural reference levels, with S4 as the outer boundary.
When price moves beyond R4 or S4, it exits the full Camarilla range. Historically, moves beyond these levels have been associated with sustained directional conditions. The 0.5%, 1%, and 1.5% extension levels above R4 or below S4 are used as reference points in this scenario, with R3 or S3 as the structural boundary in the opposite direction.
Configurable alerts can be set for each level — notifications trigger when price interacts with any of the drawn lines, removing the need for continuous manual monitoring.
Reversal Analysis
The R4 and S4 levels are also used as structural reference points for evaluating potential price reversals. When price approaches R4 and shows no continuation above it, analysts evaluate this as a potential bearish condition — with S1, S2, and S3 as structural reference levels in the downward direction.
When price approaches S4 and shows no continuation below it, the reverse applies — R1, R2, and R3 become the structural reference levels.
In both cases, the outer level (R4 or S4) represents the structural boundary against which the potential reversal is evaluated. The next S or R level in the reversal direction serves as the first structural reference.
Trend Context
The central Pivot Point (PP) functions as a structural midpoint between bullish and bearish conditions. When price is above PP, the structural bias is considered bullish — R1 through R4 represent the reference levels in the upward direction. When price is below PP, the structural bias is considered bearish — S1 through S4 represent the reference levels in the downward direction.
The PP level is used as the structural boundary in both cases — a move through PP in either direction shifts the structural context from one side to the other.
Structural Reference for an Ongoing Move
Camarilla levels can also function as reference points when evaluating whether an ongoing move has reached a structural level. When price approaches a resistance level and fails to move through it, this may indicate that the upward move has reached a structural reference point. When price approaches a support level and shows similar behavior, the same applies in reverse.
Multi-Asset Monitoring with the Dashboard
The dashboard displays Camarilla levels and their current interaction status across all monitored assets and sessions in a single window.
Each cell shows the current price position relative to the drawn levels. When a level is highlighted in green, price has moved through a resistance level from below. When a level is highlighted in red, price has moved through a support level from above. Color saturation decreases as the interaction becomes less recent. Clicking on any asset cell updates the chart to the corresponding instrument.
Indicator Limitations — Camarilla Pivot Point levels are derived from the previous session’s price data. They represent mathematical reference points based on historical price range — they do not predict future price movement and do not guarantee that price will react at any displayed level. All identified levels should be evaluated within a broader analytical framework that considers current market structure and conditions.
Indicator Settings & Parameters
The indicator has the following parameters.
| Parameter | Description |
|---|---|
| Scanner & Session | |
| Assets | Select the instruments to monitor. Any asset available in your broker’s terminal can be added or removed. |
| Trading session | Defines the time at which Pivot Point levels are recalculated. Adjusting this parameter aligns the indicator’s session boundaries with your preferred market session. |
| Max bars | Limits the number of bars included in the calculation. Reducing this value improves calculation speed when historical depth is not required. |
| Alerts | |
| Alerts | Configurable notifications for level interactions, delivered as platform alerts, email messages, or mobile push notifications — each configurable independently. |
System Requirements & Installation
What you need to run the indicator, how to download and install it in MetaTrader 4, and how the license works.
System Requirements
- Platform
- MetaTrader 4 (Desktop)
- Operating system
- Windows 10 or Windows 11
- Instruments
- Forex pairs, metals, indices, CFDs and other symbols available from your broker in MetaTrader 4
- Data
- Your broker’s price feed in MetaTrader 4
Not available on MetaTrader 4 Web or Mobile. Custom indicators run in the MetaTrader 4 desktop terminal only.
License Terms
- Lifetime License
- This indicator only, 1 live and 1 demo account, one-time payment, free updates included.
- All-Access Subscription
- All indicators and trade copiers, billed monthly, cancel anytime, updates included while the subscription is active.
- Free trial
- 5 days on the subscription plan. If not cancelled, the subscription starts automatically.
- License binding
- Linked to your email and to your MetaTrader 4 trading accounts: one live account and one demo account.
- Computers
- Not restricted. The license is linked to your trading accounts, not to a specific computer.
Installation
- Get access
Start the free trial, subscribe, or buy a lifetime license on this page.
- Download
The indicator is not sent by email. Open (top right of this page) and enter the email you used for your trial, subscription or purchase. The indicator file (.ex4) downloads to your computer.
- Copy to the MetaTrader 4 data folder
In MetaTrader 4, go to
File → Open Data Folder, openMQL4 → Indicatorsand copy the downloaded .ex4 file there. - Add to a chart
Restart MetaTrader 4 or right-click Indicators in the Navigator window and select Refresh. Then drag the indicator from the Navigator onto a chart.
- Activate the license
In the indicator inputs, enter the same email. On first activation, the license is linked to that email and to the trading account the terminal is logged into.
If MetaTrader 4 asks for additional permissions when the indicator is attached, such as DLL imports or WebRequest access, allow them in the indicator’s Common tab or under
Tools → Options → Expert Advisors.
Updating: When a new version is released, download it again through and replace the existing .ex4 file in the same folder.
Installation questions? Contact support, Monday to Friday.
Related Products
"Best Seller" and "Trending" reflect Nordman Algorithms sales and usage data, January–September 2026.
Disclaimer — Software Use & Risk Disclosure
Nordman Algorithms is a trade name of Nordman Algorithms OÜ (Reg. No. 14435535), registered in Tallinn, Estonia.
Software Use
Software Nature & User Responsibility — Nordman Algorithms provides algorithmic software tools for technical analysis. Nordman Algorithms is not a financial advisor and is not liable for any losses. All trades conducted based on the software’s output are executed at the user’s sole discretion and risk.
Visual Markers & Signal Disclosure — This software may display visual markers (such as arrows, dots, or alerts) when predefined mathematical conditions are met. These markers are provided for educational and analytical purposes only, must not be interpreted as financial guidance, and do not constitute a recommendation to buy, sell, or hold any financial instrument. Users must independently validate all visual cues within their own trading methodology.
No Financial Advice — Nordman Algorithms does not provide discretionary trading signals, investment advice, or managed signal services. Our software represents a mathematical visualization of historical and real-time data. The appearance of a visual marker does not guarantee a profitable trade or predict future market behavior.
Read the full Terms of Service →Risk Disclosure
Trading Risk Warning — Futures, Forex, and options trading involve significant risk. Risk capital is money that can be lost without jeopardizing financial security. Only risk capital should be used for trading. Past performance is not indicative of future results. An investor could potentially lose all or more than the initial amount committed.
ESMA Risk Warning — Financial instruments, especially those involving leverage such as CFDs and Forex, are complex and carry a high risk of rapid financial loss. Our software provides analytical outputs and visual markers based on predefined mathematical conditions and does not mitigate or reduce inherent market risks. You should carefully consider whether you understand how leveraged financial instruments work and whether you can afford the high risk of losing your capital.
CFTC Rule 4.41 — Hypothetical or simulated performance results have inherent limitations. Unlike actual performance records, simulated results do not represent real trading. Because trades have not actually been executed, these results may under- or over-compensate for the impact of market factors such as liquidity. Simulated results are also subject to the benefit of hindsight. No representation is being made that any account will achieve profits or losses similar to those shown.
Read the full Risk Disclosure →Trademark Notice — MetaTrader 4 and MT4 are trademarks of MetaQuotes Ltd. Nordman Algorithms is an independent software developer and is not affiliated with, sponsored by, or endorsed by MetaQuotes Ltd. References to MetaTrader 4 identify software compatibility.
Need a different setup?
We can customize this indicator to your requirements: add new features, change the calculation logic, or combine several tools into a single solution. We also build Expert Advisors on your own logic, with configurable modules such as dynamic risk parameters, multi-stage trailing stops and additional confirmation filters.
Every project is delivered with full source code and post-delivery support. Fixed-price quote before development begins.
