Jeff Tompkins' Price Action Pivots is an amazing NEW MetaStock Add-on that accomplishes all this:

• Identifies bullish and bearish pivot points on a price chart
• Utilizes an algorithm to determine a suggested entry price, stop loss, and profit target
• Produces several types of signals - the Pivot Lows and Pivot Highs are the first ones to watch for
• Give straightforward entry and exit signals. 
• Identifies both bullish and bearish pivot points on a price chart
• Suggests optimal entry prices, stop-loss levels, and profit targets for each confirmed pivot pattern, thereby providing traders with a comprehensive roadmap for potential trades.

Once a Pivot Low or Pivot High has been identified, The Price Action Pivots indicator truly shines by providing precise and actionable entry and exit signals. These signals are based on the indicator's algorithmic price action analysis and are designed to help traders confidently enter trades and manage their risk effectively.

Indicators:

• PAP - Trade Status

Explorations:

• PAP - Long Entries
• PAP - Long Setups
• PAP - Short Entries
• PAP - Short Setups

Expert Advisors:

• PAP - Price Action Pivots

Templates:

• PAP - Trade Status