As all PivotPoints indicators, NewPivotPoints displays pivot points. This indicator can be set to calculate and draw lines of pivot points for the following periods: H4, D1, W1, MN. Specify the period from 1 to 4 in the indicator's features and you will have PivotPoints lines of a selected period on a chart of any time frame. 1 corresponds to H4, 2 - D1, 3 - W1, 4 - MN.

For example, if you have chosen 1, lines will be redrawn every 4 hours. Etc.