My broker, ActivTrades, offers many trading tools to enhance your trading. Among them the Pivot Points Indicator is my favorite. It is developed for both MT4 and MT5 platforms and is very hepful for predicting market movements.
The Pivot Points Indicator displays three levels of Support and Resistance. The lines displayed on the graphic represent the Pivot Point (Orange) as well as Support and Resistance levels (Dark Blue, Maroon and Green). If the price is above the Pivot Point, the market is usually considered as bullish, whereas price below the Pivot Point is usually seen as a bearish market. Supports and resistances help determine potential reversals levels of the current market trend.