This free and popular Forex indicator is one of the most useful tools for any trader. Pivot Points Daily Shifted Indicator for MT4 is a technical analysis tool that uses the previous day's high, low and close prices to calculate potential support and resistance levels for the current trading day. These levels are then shifted forward to the current day, allowing traders to identify potential price reversal points. This indicator is a great tool for any trader, as it can help them identify potential trading opportunities and make better-informed decisions.