Pivot Support & Resistance

15 בנוב׳ 2021

Here signals are based on the pivot high and pivot lows. Factors taken into account in understanding the breakout or breakdown are:

• volume
  

*candle bar is not opening candle

*must be near pivot high or low


Recommendation:
Use once candle closes else you might get trapped in certain cases so be careful

16 בנוב׳ 2021

הערות שחרור

Removed opening candle criteria.

*added closing confirmation to avoid false breakdown breakouts

*showing indicator for last 75 bars only

*

18 בדצמ׳ 2021

הערות שחרור

• Trailing stoploss
  
• New trend vs trend continuation based on pivot-point
  
• Entry point added
  
• Maximum profit point is also added
  

18 בדצמ׳ 2021

הערות שחרור

added further explanation on the chart.