Multi-timeframe Pivot Point

2 בנוב׳

This indicator is a lightweight indicator designed to display higher timeframe pivot levels on your chart.
It helps traders quickly identify key support and resistance zones derived from higher timeframes (such as daily or weekly pivots) while analyzing lower timeframes (e.g., 15m or 1h charts).

Calculation Logic

This indicator uses the classic pivot point formula, calculated from high, low, and close values:

PP  = (High + Low + Close) / 3
R1  = 2 * PP - Low
S1  = 2 * PP - High
R2  = PP + (High - Low)
S2  = PP - (High - Low)
R3  = R1 + (High - Low)
S3  = S1 - (High - Low)

Additionally, it includes breakout levels:

HBOP = PP + PP + (High - Low) - Low
LBOP = PP + PP - (High - Low) - High

2 בנוב׳

הערות שחרור

fix bug

3 בנוב׳

הערות שחרור

fix rendering bug

3 בנוב׳

הערות שחרור

add plot labels

3 בנוב׳

הערות שחרור

duplicated plots are removed.

3 בנוב׳

הערות שחרור

clean code