This is the first release of the basic pivot framework with the three most used ones by our Alpha Community. You can easily switch between modes, adjust the lookback period, and it works multi-resolution. Right now, we have: BB Fibo Murrey's Channels Adaptive Fibonacci The next release will be ATR based pivot formula.
These are alerts for previously published strategy: This strategy joins the Pivot Reversal strategy with the RSI indicator. We check RSI level at the pivot point level and only if RSI condition is satisfied we update levels for stop orders.
An updated version of my previously created "Trend Follower", now comes with 4 different types of alerts, improved conditions and accuracy and the abillity to colorcode as you desire. I strongly suggest manual traders to make sure you disable the visibillity of the alerts, because those clutter your charts quite easily. The usecase is described below: Used to...
Pivot Reversal Strategy + RSI A modified version of the standard PRS with an RSI overbought/oversold filter Comment/uncomment "Study/Strategy" to easily switch to strategy() mode As long as it is used in the study() version, the indicator is compatible with the Risk Management Wrapper Separate Alerts for Buy & Sell signals Single Alert for both Buy & Sell...
Before starting special thanks to @QuantNomad for his script "Ultimate Pivot Point Alerts" Link : - Please follow and support him for his work. In this script I'm modifying how time frame factor is imported into the script and removing other types of Pivots and cleaning it further for only CAMs, I've also added the formulas for 5 and 6 numbers, it will help in...
Pivot Points with Fibonacci Yearly only What is a Pivot Point? A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On the subsequent day, trading above the...
Pivot Points with Fibonacci Quarterly only What is a Pivot Point? A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On the subsequent day, trading above the...
Pivot Points with Fibonacci Monthly only What is a Pivot Point? A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On the subsequent day, trading above the...
Pivot Points with Fibonacci Weekly only What is a Pivot Point? A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On the subsequent day, trading above the...
Pivot Points with Fibonacci Daily only What is a Pivot Point? A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On the subsequent day, trading above the...
Editable Fibonacci Pivots. 0.236, 0.382, 0.618, 0.786, 1.000. Easy to extend further if needed. Can be used with intervals from 1 minute to 1 Day. A Few Recommended timeframes: 1 minute chart - 15 Minute Pivot Timeframe 3 minute chart - 1 Hour Timeframe or Daily Timeframe 15 Minutes to < 60 Minutes - Daily Timeframe 1 Hour to 4 Hour - Weekly...
A main trend following indicator: Used to determine a bias and can be used to find pivots. It colors the background of your charts green when it's biased towards bullishness, red when it's biased towards bearishness. The transitions between Red & Green are also tradeable pivots. Most of usage is explained quite well in the image found above. It does work on...
A simple example script showing how to use label.new() to plot pivot prices on the chart. A full tutorial and commentary is available on the backtest-rookies website.
Standart pivot points which auto switching with higher TF ones. 4h pivots on 5min 1D pivots on 15min 1W pivots on 4 hours 1M pivots on daily 1Y pivots on weekly
Simple open, close, midline indicator for 3D, W, M. Much less complex than Levels.
This script is the beta version of the Aroon Pivots for testing purposes and is not intended to be used in real trading. ========= AROON PIVOTS ========= The purpose of this script is to use the power of the Aroon Lines to determine when trends or portions of a trend have reached a certain level of exhaustion, which in turn can help discover pivot points or...
Quarterly only What is a Pivot Point? A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On the subsequent day, trading above the pivot point is thought to...