חפש סקריפטים עבור "pivot"
SD - Developing Central Pivot RangeThis script implements a developing version of Central Pivot Range.
Inputs:
Developing 'CPR' resolution - Either D (Daily), W (Weekly), M (Monthly) or 12M (Yearly). The default value is M.
Simple Session PivotShows the pivot of the current session also with support and resistance levels up to 2 levels.
Dynamic Support and Resistance Pivot Strategy The Dynamic Support and Resistance Pivot Strategy is a flexible and adaptive tool designed to identify short-term support and resistance levels using the concept of price pivots.
### Key Elements of the Strategy
1. Pivot points as support and resistance levels
Pivots are significant turning points on the price chart, often marking local highs and lows where the price has reversed direction. A pivot high occurs when the price forms a local peak, while a pivot low occurs when the price forms a local trough. When a new pivot high is formed, it creates a resistance level. Conversely, when a new pivot low is formed, it creates a support level.
The strategy continuously updates these levels as new pivots are detected, ensuring they remain relevant to the current market conditions. By identifying these price levels, the strategy dynamically adjusts to market conditions, allowing it to adapt to both trending and ranging markets, since it has a long target and can perform reversal operations.
2. Entry Criteria
- Buy (Long): A long position is triggered when the price is near the support level and then crosses it from below to above. This suggests that the price has found support and may start moving upwards.
- Sell (Short): A short position is triggered when the price is near the resistance level and then crosses it from above to below. This indicates that the price may be reversing and moving downward.
3. Support/Resistance distance (%)
- This parameter establishes a percentage range around the identified support and resistance level. For example, if the Support Resistance Distance is 0.4% (default), the closing price must be within a range of 0.4% above support or below the resistance to be considered "close" and trigger a trade.
4. Exit criteria
- Take profit = 27 %
- Stop loss = 10 %
- Reversal if a new entry point is identified in the opposite direction
5. No Repainting
- The Dynamic Support and Resistance Pivot Strategy is not subject to repainting.
6. Position Sizing by Equity and risk management
- This strategy has a default configuration to operate with 35% of the equity. The stop loss is set to 10% from the entry price. This way, the strategy is putting at risk about 10% of 35% of equity, that is, around 3.5% of equity for each trade. The percentage of equity and stop loss can be adjusted by the user according to their risk management.
7. Backtest results
- This strategy was subjected to backtest and operations in replay mode on **1000000MOGUSDT.P**, with the inclusion of transaction fees at 0.12% and slipagge of 5 ticks, and the past results have shown consistent profitability. Past results are no guarantee of future results. The strategy's backtest results may even be due to overfitting with past data.
8. Chart Visualization
- Support and resistance levels are displayed as green (support) and red (resistance) lines.
- Pivot prices are displayed as green (pivot low) and red (pivot high) labels.
In this image above, the Support/Resistance distance (%) parameter was set to 0.8.
9. Default Configuration
Chart Timeframe: 1h
Pivot Lengh: 2
Support/Resistance distance (%): 0.4*
Stop Loss: 10 %
Take Profit: 27 %
* This parameter can alternatively be set to 0.8.
10. Alternative Configuration
Chart Timeframe: 20 min
Pivot Lengh: 4
Support/Resistance distance (%): 0.1
Stop Loss: 10 %
Take Profit: 25 %
BYBIT:1000000MOGUSDT.P
Pivot Points with Slopes - By Necromancer█ OVERVIEW
- This script draws array-based Pivot Points with the calculated slope on the next connecting point.
- The script works left to right, but could be be modified.
- Looks best with Label-Style on Diamonds, without Slope Text drawn.
█ Thank You!
- Many more to come which will utilize these fundamentals!
🅝🅔🅒🅡🅞🅜🅐🅝🅒🅔🅡
Dynamic Pivot Tracker Multi-Period - TradingEDThe "Dynamic Pivot Tracker Multi-Period" is an advanced tool designed for traders who require a detailed, multi-layered view of pivot levels across multiple time frames from a single chart. This indicator uses dynamic calculations to identify and connect high and low pivot points, aiding traders in pinpointing potential support and resistance areas and making informed decisions based on significant market structural changes.
Key Features:
Flexibility of Periods: Users can define pivot lengths for up to four different periods, ranging from as short as minutes to as long as days, allowing complete customization based on the trader's needs.
Dynamic Pivot Length Calculation: Utilizes a specialized function to adjust pivot length based on the selected time unit, ensuring pivot detection is relevant to the current time context.
Pivot Point Detection: Calculates and plots high and low pivots for each defined period using the pivothigh and pivotlow function for optimum accuracy.
Dynamic Line Management: The indicator dynamically manages the lines connecting pivots, removing old ones before plotting new to keep the chart clean and up-to-date.
Crossover Alerts: Set up automatic alerts to notify users when the price crosses above or below a pivot level, which may be indicative of an entry or exit opportunity.
Customizable Display Options:
Show Fractals: Option to visualize or hide fractals, which can indicate price reversal points.
Show Lines: Toggle the display of lines connecting the pivots, making it easier to visualize trends and ranges.
Show Pivots: Allows users to choose whether or not to see pivot points marked directly on the chart.
Practical Applications:
Trend Analysis: By observing how the price interacts with pivots across different periods, traders can gain a deeper understanding of market direction.
Support and Resistance Identification: Pivot levels can act as zones of support or resistance, providing key points for stop placement or profit taking.
Optimization of Entries/Exits: Crossover alerts provide timely signals to enter or exit positions based on significant price movements.
This indicator is ideal for day traders, swing traders, and technical traders looking to integrate pivot analysis into their trading methodology, offering a robust and customizable tool to enhance market decision-making.
Trend Pivots Profile [BigBeluga]🔵 OVERVIEW
The Trend Pivots Profile is a dynamic volume profile tool that builds profiles around pivot points to reveal where liquidity accumulates during trend shifts. When the market is in an uptrend , the indicator generates profiles at low pivots . In a downtrend , it builds them at high pivots . Each profile is constructed using lower timeframe volume data for higher resolution, making it highly precise even in limited space. A colored trendline helps traders instantly recognize the prevailing trend and anticipate which type of profile (bullish or bearish) will form.
🔵 CONCEPTS
Pivot-Driven Profiles : Profiles are only created when a new pivot forms, aligning liquidity analysis with market structure shifts.
Trend-Contextual : Profiles form at low pivots in uptrends and at high pivots in downtrends.
Lower Timeframe Data : Volume and close values are pulled from smaller timeframes to provide detailed, high-resolution profiles inside larger pivot windows.
Adaptive Bin Sizing : Bin size is automatically calculated relative to ATR, ensuring consistent precision across different markets and volatility conditions.
Point of Control (PoC) : The highest-volume level within each profile is marked with a PoC line that extends until the next pivot forms.
Trendline Visualization : A wide, semi-transparent line follows the rolling average of highs and lows, colored blue in uptrends and orange in downtrends.
🔵 FEATURES
Pivot Length Control : Adjust how far back the script looks to detect pivots (e.g., length 5 → profiles cover 10 bars after pivot).
Pivot Profile toggle :
On → draw the filled pivot profile + PoC + pivot label.
Off → hide profiles; show only PoC level (clean S/R mode).
Trend Length Filter : Smooths trendline detection to ensure reliable up/down bias.
Precise Volume Distribution : Volume is aggregated into bins, creating a smooth volume curve around the pivot range.
PoC Extension : Automatically extends the most active price level until a new pivot is confirmed.
Profile Visualization : Profiles appear as filled shapes anchored at the pivot candle, colored based on trend.
Trendline Overlay : Thick, semi-transparent trendline provides visual guidance on directional bias.
Automatic Cleanup : Old profiles are deleted once they exceed the chart’s capacity (default 25 stored profiles).
🔵 HOW TO USE
Spotting Trend Liquidity : In an uptrend, monitor profiles at low pivots to see where buyers concentrated. In downtrends, use high-pivot profiles to spot sell-side pressure.
Watch the PoC : The PoC line highlights the strongest traded level of the pivot structure—expect reactions when price retests it.
Anticipate Trend Continuation/Reversal : Use the trendline (blue = bullish, orange = bearish) together with pivot profiles to forecast directional momentum.
Combine with HTF Context : Overlay with higher timeframe structure (order blocks, liquidity zones, or FVGs) for confluence.
Fine-Tune with Inputs : Adjust Pivot Length for sensitivity and Trend Length for smoother or faster trend shifts.
🔵 CONCLUSION
The Trend Pivots Profile blends pivot-based structure with precise volume profiling. By dynamically plotting profiles on pivots aligned with the prevailing trend, highlighting PoCs, and overlaying a directional trendline, it equips traders with a clear view of liquidity clusters and directional momentum—ideal for anticipating reactions, pullbacks, or breakouts.
Pivot Oscillator█ OVERVIEW
Pivot Oscillator is a versatile oscillator that measures market strength by comparing the current price to local price pivots. Values are scaled by ATR, normalized to a 0–100 range, and displayed along with an SMA line.
Oscillator: generates signals suitable for pullback strategies.
SMA line: serves as a momentum indicator.
█ CONCEPTS
Pivot Oscillator is designed with dual functionality:
- Oscillator & signals: ideal for pullback strategies, detecting local highs/lows and short-term reversals.
- SMA (Momentum): shows stable market-side dominance and filters price impulses.
Calculation logic:
- Oscillator = closing price − pivot line (derived from average high/low pivots).
Scaled by ATR and normalized to 0–100:
50 – bullish dominance,
< 50 – bearish dominance.
SMA is computed from smoothed oscillator values and serves as a momentum indicator.
█ FEATURES
Pivot Calculation:
- Pivot Length (lenSwing) – the number of bars used to identify local pivots (highs/lows). Higher values filter only larger extremes, while lower values make the oscillator react faster to local highs and lows.
- Pivot Level (pivotLevel) – determines the position of the pivot line between the average low and high pivots. A value of 0.5 places the pivotLine exactly halfway between the average high and low pivots; values closer to 0 or 1 shift the line toward the low or high pivots, respectively.
- Pivot Lookback (lookback) – the number of recent pivots used to calculate the average pivot, which smooths the pivotLine and reduces noise caused by individual extremes.
- Oscillator calculation: closing price − pivotLine (average of pivots computed from the above parameters).
The pivotLine is then scaled by ATR and normalized to a 0–100 range.
ATR Scaling:
- ATR period (atrLen)
- Multipliers (multUp / multDown) for upper and lower scaling.
Dynamic Colors:
- Oscillator > 50 → green (bullish)
- Oscillator < 50 → red (bearish)
SMA Line (Momentum):
- Smoothed oscillator (SMA) serves as a momentum indicator.
- Dynamic color indicates direction of SMA.
- Helps identify dominant market side and trend.
Overbought / Oversold Zones:
- Configurable OB/OS levels for both oscillator and SMA.
- Dynamic band colors: change depending on SMA relative to maOverbought / maOversold.
- Provides visual confirmation for potential corrections or strong momentum.
Gradients & Visualization:
- Oscillator and SMA gradients (3 layers) with adjustable transparency.
- Gradient visualization for OB/OS zones and oscillator.
- Full customization of colors, line width, and transparency.
Signals:
- Oscillator leaving oversold zone → long signal
- Oscillator leaving overbought zone → short signal
- OB/OS band colors dynamically reflect SMA levels for additional confirmation.
Alerts:
- OB/OS cross alerts.
█ HOW TO USE
Add the indicator to your TradingView chart → Indicators → search for “Pivot Oscillator”.
Parameter Configuration:
- Pivot Settings: pivot length, pivot level, pivot lookback.
- ATR Settings: ATR period, scaling multipliers.
- Threshold Levels: OB/OS levels for oscillator and SMA.
- Signal Settings: SMA length, extra smoothing.
- Style Settings: bullish/bearish colors, OB/OS lines, midline, text colors.
- Gradient Settings: enable/disable gradients and transparency.
Signal Interpretation:
BUY (Long):
- Oscillator leaves the oversold zone (OS crossover).
- OB/OS band color may additionally confirm the signal when SMA < maOversold.
SELL (Short):
- Oscillator leaves the overbought zone (OB crossunder).
- OB/OS band color may additionally confirm the signal when SMA > maOverbought.
█ APPLICATIONS
Pivot Oscillator and SMA can be scaled for different strategies:
- Pullback strategies: oscillator detects local highs/lows.
- Momentum / Trend: SMA shows market-side dominance and trend direction.
Adjust pivot and ATR parameters:
- Lower settings: faster reaction, suitable for scalping or intraday trading.
- Higher settings: more stable readings, suitable for swing trading or longer timeframes.
█ NOTES
- In strong trends, the oscillator may remain in extreme zones for extended periods – reflects dominance, not necessarily a reversal.
- OB/OS levels should be adapted to the instrument and pivot/ATR settings.
- Works best when combined with other tools: support/resistance, market structure, and volume analysis.
Rally Base Drop SND Pivots Strategy [LuxAlgo X PineIndicators]This strategy is based on the Rally Base Drop (RBD) SND Pivots indicator developed by LuxAlgo. Full credit for the concept and original indicator goes to LuxAlgo.
The Rally Base Drop SND Pivots Strategy is a non-repainting supply and demand trading system that detects pivot points based on Rally, Base, and Drop (RBD) candles. This strategy automatically identifies key market structure levels, allowing traders to:
Identify pivot-based supply and demand (SND) zones.
Use fixed criteria for trend continuation or reversals.
Filter out market noise by requiring structured price formations.
Enter trades based on breakouts of key SND pivot levels.
How the Rally Base Drop SND Pivots Strategy Works
1. Pivot Point Detection Using RBD Candles
The strategy follows a rigid market structure methodology, where pivots are detected only when:
A Rally (R) consists of multiple consecutive bullish candles.
A Drop (D) consists of multiple consecutive bearish candles.
A Base (B) is identified as a transition between Rallies and Drops, acting as a pivot point.
The pivot level is confirmed when the formation is complete.
Unlike traditional fractal-based pivots, RBD Pivots enforce stricter structural rules, ensuring that each pivot:
Has a well-defined bullish or bearish price movement.
Reduces false signals caused by single-bar fluctuations.
Provides clear supply and demand levels based on structured price movements.
These pivot levels are drawn on the chart using color-coded boxes:
Green zones represent bullish pivot levels (Rally Base formations).
Red zones represent bearish pivot levels (Drop Base formations).
Once a pivot is confirmed, the high or low of the base candle is used as the reference level for future trades.
2. Trade Entry Conditions
The strategy allows traders to select from three trading modes:
Long Only – Only takes long trades when bullish pivot breakouts occur.
Short Only – Only takes short trades when bearish pivot breakouts occur.
Long & Short – Trades in both directions based on pivot breakouts.
Trade entry signals are triggered when price breaks through a confirmed pivot level:
Long Entry:
A bullish pivot level is formed.
Price breaks above the bullish pivot level.
The strategy enters a long position.
Short Entry:
A bearish pivot level is formed.
Price breaks below the bearish pivot level.
The strategy enters a short position.
The strategy includes an optional mode to reverse long and short conditions, allowing traders to experiment with contrarian entries.
3. Exit Conditions Using ATR-Based Risk Management
This strategy uses the Average True Range (ATR) to calculate dynamic stop-loss and take-profit levels:
Stop-Loss (SL): Placed 1 ATR below entry for long trades and 1 ATR above entry for short trades.
Take-Profit (TP): Set using a Risk-Reward Ratio (RR) multiplier (default = 6x ATR).
When a trade is opened:
The entry price is recorded.
ATR is calculated at the time of entry to determine stop-loss and take-profit levels.
Trades exit automatically when either SL or TP is reached.
If reverse conditions mode is enabled, stop-loss and take-profit placements are flipped.
Visualization & Dynamic Support/Resistance Levels
1. Pivot Boxes for Market Structure
Each pivot is marked with a colored box:
Green boxes indicate bullish demand zones.
Red boxes indicate bearish supply zones.
These boxes remain on the chart to act as dynamic support and resistance levels, helping traders identify key price reaction zones.
2. Horizontal Entry, Stop-Loss, and Take-Profit Lines
When a trade is active, the strategy plots:
White line → Entry price.
Red line → Stop-loss level.
Green line → Take-profit level.
Labels display the exact entry, SL, and TP values, updating dynamically as price moves.
Customization Options
This strategy offers multiple adjustable settings to optimize performance for different market conditions:
Trade Mode Selection → Choose between Long Only, Short Only, or Long & Short.
Pivot Length → Defines the number of required Rally & Drop candles for a pivot.
ATR Exit Multiplier → Adjusts stop-loss distance based on ATR.
Risk-Reward Ratio (RR) → Modifies take-profit level relative to risk.
Historical Lookback → Limits how far back pivot zones are displayed.
Color Settings → Customize pivot box colors for bullish and bearish setups.
Considerations & Limitations
Pivot Breakouts Do Not Guarantee Reversals. Some pivot breaks may lead to continuation moves instead of trend reversals.
Not Optimized for Low Volatility Conditions. This strategy works best in trending markets with strong momentum.
ATR-Based Stop-Loss & Take-Profit May Require Optimization. Different assets may require different ATR multipliers and RR settings.
Market Noise May Still Influence Pivots. While this method filters some noise, fake breakouts can still occur.
Conclusion
The Rally Base Drop SND Pivots Strategy is a non-repainting supply and demand system that combines:
Pivot-based market structure analysis (using Rally, Base, and Drop candles).
Breakout-based trade entries at confirmed SND levels.
ATR-based dynamic risk management for stop-loss and take-profit calculation.
This strategy helps traders:
Identify high-probability supply and demand levels.
Trade based on structured market pivots.
Use a systematic approach to price action analysis.
Automatically manage risk with ATR-based exits.
The strict pivot detection rules and built-in breakout validation make this strategy ideal for traders looking to:
Trade based on market structure.
Use defined support & resistance levels.
Reduce noise compared to traditional fractals.
Implement a structured supply & demand trading model.
This strategy is fully customizable, allowing traders to adjust parameters to fit their market and trading style.
Full credit for the original concept and indicator goes to LuxAlgo.
Pivot Points on SR linesAnalyzing price movements for a few years taught me one thing - markets always reverse bouncing off some horizontal Support/Resistance level. The only exception to this rule is when market pops new ATH (All Time High), which certainly happened in so-called "price discovery" run - this asset has never been in this space before, so no Support/Resistance could have been formed, while the rally had to stop at some point anyway.
In all other cases, analyzing past market movements, you will be able to find a place where the market reversed or gathered before. The difficulty is to understand (or guess?) from which S/R level market will reverse right now, because there are many of them. Even if this is probably not possible to make such guess correctly and always, it is good to know when potential reversal shown by whatever indicator you're using happened on SR line or in the middle of nowhere. That last case would turn out to be fake to your worst regrets. Ability to filter-out all those fake pivots is a value my indicator delivers.
Example? It is very often considered an entry signal when Stochastic %K and %D lines cross each other, especially in overbought/oversold area. It could work quite well in sideways markets, but when a trend begins, Stochastic would report CONSECUTIVE counter-trend signals, draining your trading balance to zero quickly. But this trend took place in price-discovery area (not necessarily when going for the new ATH ), so all those counter-trend signals happened not at S/R levels. Hence, they should be ignored.
Big triangles mark pivot point which happened on the S/R line. Small triangles - in the middle of nowhere.
How good is it? I compared it with one of my previous scripts, the "PivotPoints with Momentum confirmation" (), this new script confirms only 1/3 of pivots in the old script on 1m EURUSD chart. Filtering out 2/3 of potentially bad entries is a good result, I'd say :)
This script also fires alerts - alert is triggered as soon as PivotPoint is noticed, on a candle close.
I strongly recommend NOT using it not using this indicator as a standalone indicator. There is so much information you should take into consideration as well - market bias, volume , higher timeframe trend... To make it convenient to join PivotPoints information with other indicators, I have "exported" one plot so you can include it in your own - just use input.source in your own code to have it return 1 for PivotLow ( aka Long entry) and -1 for PivotHigh ( aka Short entry).
TFi Pivot Reversal StudyThe Pivot Reversal Study script uses pivot points to create a support and resistance level; based on this levels the script creates virtual stop-market orders to catch the trend if the price is crossing the pivot lines.
A configurable trailing-stop and stop-loss is being used to exit an open position.
The entry and exit points are visualized in the chart via green arrows and crosses; the position follows the exact behavior of the strategy script.
The study also creates alerts, which follow the exact position of the entry/exit markers. Via the input parameter "Alert Message Type" it is possible to select a predefined alertcondition message; right now the script supports a generic default message and a trading setup for Alertatron.
How to use
The study works with all timeframes; the current chart setting is using a 15min timeframe. The strategy enters about 10 trades per day, depending on the used settings.
I'm also providing a "strategy" version of this study, which can be used to backtest the strategy.
How to access
This strategy is a "Invite Only" script. You can can subscribe or purchase the strategy ; please use the link below or send me a message via Tradingview to obtain access to the strategy and study script.
For enabling the script in your Tradingview chart window, click on "Indicators" and select "Invite-Only Scripts".
Full list of alerts:
'Enter Long' ... Enter long position
'Enter Short' ... Enter short position
'Exit Long PT' ... Exit long position - profit-target reached
'Exit Short PT' ... Exit short position - profit-target reached
'Exit Long SL' ... Exit long position - stop-loss
'Exit Short SL' ... Exit short position - stop-loss
Full list of parameters:
"Pivot Left Bars" ... Number of bars on the left of the pivot point - used for pivot/peak detection
"Pivot Right Bars" ... Number of bars on the right of the pivot point - used for pivot/peak detection
"Entry Offset " ... Entry price offset after crossing pivot line (in %)
"Trailing Activation Level " ... Trailing stop activation level above/below average price (in %)
"Trailing Offset " ... Trailing stop price (in %)
"Stop Loss " ... Absolute stop-loss (in %)
"Alert Message Type" ... Alert message type: generic or Alertatron
"Backtest ..." ... Backtest timeframe; area outside this timeframe will be grayed out
I'm looking forward to any feedback, reviews and change requests!
TFs Pivot Reversal StrategyThe Pivot Reversal strategy script uses pivot points to create a support and resistance level; based on this levels the strategy creates virtual stop-market orders to catch the trend if the price is crossing the pivot lines.
A configurable trailing-stop and stop-loss is being used to exit an open position.
How to use
The strategy works with all timeframes; the current chart setting is using a 15min timeframe. The strategy enters about 10 trades per day, depending on the used settings.
I'm also providing a "study" version of this strategy, which can be used to automate the strategy by using webhooks for instance.
The script is using a default commission of 0.075% which reflects Bitmex' Taker-Fees. This is just a default and can be modified in the strategy settings for each instrument individually.
How to access
This strategy is a "Invite Only" script. You can can subscribe or purchase the strategy ; please use the link below or send me a message via Tradingview to obtain access to the strategy and study script.
For enabling the script in your Tradingview chart window, click on "Indicators" and select "Invite-Only Scripts".
Full list of parameters:
"Pivot Left Bars" ... Number of bars on the left of the pivot point - used for pivot/peak detection
"Pivot Right Bars" ... Number of bars on the right of the pivot point - used for pivot/peak detection
"Entry Offset " ... Entry price offset after crossing pivot line (in %)
"Trailing Activation Level " ... Trailing stop activation level above/below average price (in %)
"Trailing Offset " ... Trailing stop price (in %)
"Stop Loss " ... Absolute stop-loss (in %)
"Capital Risk Factor " ... Capital risk factor (in %)
"Margin / Leverage " ... Optional leverage factor which can be used to leverage position (in %)
"Backtest ..." ... Backtest timeframe; area outside this timeframe will be grayed out
I'm looking forward to any feedback, reviews or change requests!
Pivot of Pivot Reversal Strategy [QuantNomad]Continue looking for more signifcant pivot points.
This script is based on my "Significant Pivot Reversal Strategy".
In this strategy I use concept of pivot of pivot points.
So for PoP I require that pivot highs point should have 2 lower pivot highs points around them and pivot low 2 higher pivot lows points.
Transparent lines represent usual pivot levels ints.
Not transparent lines represent pivot of pivot levels.
Link to original script:
QuantNomad - Significant Pivot Reversal StrategyI'm working on improving the Pivot Points Reversal Strategy.
As one of the ways to filter out insignificant levels I decided to check that pivot point is not above/below neighbors, but check that it's above/below at least by a certain amount.
I use ATR, so in params, you can set length of ATR and also ATR multiplier. The new level will be calculated only if PP will be above/below neighbors by atr * atr_mult.
It seems this approach might help in some cases.
Here I have PivotPoint + RSI strategy:
Pivot Highs&lows: Short/Medium/Long-term + Spikeyness FilterShows Pivot Highs & Lows defined or 'Graded' on a fractal basis: Short-term, medium-term and long-term. Also applies 'Spikeyness' condition by default to filter-out weak/rounded pivots
ES1! 4hr chart (CME) shown above, with lookback = 15; clearly identifying the major highs & lows on the basis of how they are fractally 'nested' within lesser Pivots.
-- in the above chart Short term pivot highs (STH) are simply represented by green 'ʌ', and short-term pivot lows (STL) are simply represented by orange 'v'.
//Basics: (as applying to pivot highs, the following is reversed for pivot lows)
-Short term highs (STH) are simple pivot highs, albeit refined from standard with the 'spikeyness' filter.
-Medium-term highs (MTH) are defined as having a lower STH on either side of them.
-Long-term highs (LTH) are defined as having a lower MTH on either side of them.
//Purpose:
-Education: Quick and easy visualization of the strength or importance of a pivot high or low; a way of grading them based on their larger context.
-Backtesting: use in combination with other trading methods when backtesting to see the relative significance and price sensitivity of LTHs/LTLs compared to lower grade highs and lows.
//Settings:
-Choose Pivot lookback/lookforward bars: One setting, the basis from which all further pivot calculations are done.
-Toggle on/off 'Spikeyness' condition to filter-out weak/rounded/unimpressive pivot highs or lows (default is ON).
-Toggle on/off each of STH, MTH, LTH, STL, MTL, LTL; and choose label text-styles/colors/sizes independently.
-Set text Vertically, horizonally, or simply use 'ʌ' or 'v' symbols if you want to declutter your chart.
//Usage notes:
-Pivots take time to print (lookback bars must have elapsed before confirmation). Fractally nested pivots as here (i.e. a LTH), take even longer to print/confirm, so please be patient.
-Works across timeframes & Assets. Different timeframes may require slightly tweaked lookback/forward settings for optimal use; default is 15 bars.
Example usage with just symbolic labels short-term, med-term, long-term with 1x, 2x and 3x ʌ/v respectively:
Emperor Pivot LevelsDescription:
Emperor Pivot Levels is a powerful and advanced Trading View indicator designed to help traders identify precise support and resistance zones in real-time. It combines Woodie and Camarilla pivot points across multiple timeframes, ranging from 15 min to decennial, providing a comprehensive market view. The indicator features color-coded buyer and seller zones, with a green background indicating bullish territory above the pivot and a red background highlighting bearish areas below it. With its real-time accuracy and multi-timeframe analysis, Emperor Levels of Pivot empowers traders to make informed decisions and capitalize on market trends effectively.
🔥Emperor Levels of Pivot is original because it is a unique and customized enhancement of the traditional Pivot Point Standard indicator. Unlike standard pivot indicators, Emperor Pivot offers:
Dual Pivot Calculation: It combines both Woodie and Camarilla pivot types, giving traders a broader and more versatile analysis of support and resistance levels.
Multi-Timeframe Accuracy: It displays pivot levels from 15 min to decennial timeframes, providing a comprehensive market view in a single indicator. Most standard pivot indicators are limited to fewer timeframes.
Real-Time Accuracy: Unlike many lagging indicators, Emperor Pivot shows real-time support and resistance zones, making it highly effective for live trading decisions.
Unique Color-Coded Zones: The indicator features a green buyer zone above the pivot and a red seller zone below it, offering clear visual cues to identify market bias instantly.
🚀 What the script does:
snapshot
✅ 1. Displays Pivots for Multiple Timeframes Simultaneously
The script calculates and shows pivot levels for 15 min, 30 min, 45 min, 1 hr, 2 hr, 3 hr, 4 hr, 5 hr, 6 hr, daily, weekly, monthly, quarterly, half-yearly, yearly, bi-yearly, tri-yearly, quinquennial, and decennial timeframes.
snapshot
This multi-timeframe analysis helps traders see both short-term and long-term trends without switching charts.
🎯 2. Plots Buyer and Seller Zones
snapshot
Above Pivot: The script fills the area with a green background, marking the buyer zone.
Below Pivot: The area is filled with a red background, indicating the seller zone.
This color coding provides a visual representation of market sentiment, helping traders quickly spot trends.
⚡ 3. Real-Time Updates Without Lag
The script uses real-time price data to update the pivot levels instantly. This ensures that traders get the most accurate support and resistance levels during live market conditions.
🎨 4. Visual and Customizable Display
The script offers clear and clean plotting with color-coded zones, making it easy to interpret.
It also includes distance labels from the current price to the nearest pivot, helping traders measure the market's potential movement.
🔥 5. Efficient and Lightweight
Despite its complex functionality, the script is optimized for speed and performance, ensuring it doesn’t slow down the TradingView platform, even when multiple timeframes are displayed.
🚀 In Summary:
The Emperor Levels of Pivot script is a powerful tool that:
✅ Displays multi-timeframe pivots in real time.
✅ Marks buyer and seller zones with clear color coding.
✅ Shows distance from pivots for precise trading insights.
✅ Updates instantly during live trading without time lag.
This makes it an essential and highly effective indicator for both intraday and long-term traders.
📊 🔥 HOW IT WORKS 🔥:
1. Buyer and Seller Zones
The script colors the background in two zones:
Green Background (Buyer Zone): When the price is above the pivot, indicating a bullish trend.
Red Background (Seller Zone): When the price is below the pivot, indicating a bearish trend.
These color-coded zones help traders quickly understand market sentiment.
2. Real-Time Updates
The indicator continuously updates pivot levels in real time as the price moves, ensuring that traders always have the most accurate information for decision-making.
3. Efficient Performance
Despite handling multiple timeframes and pivot calculations, the script is optimized for performance, ensuring that it runs smoothly without slowing down TradingView, even with many pivots being displayed.
In Summary:
Emperor Levels of Pivot works by calculating pivot levels using Woodie and Camarilla formulas, displaying them across multiple timeframes, and visualizing market sentiment with color-coded zones. It provides real-time, accurate, and dynamic support and resistance levels, helping traders make informed decisions quickly.
⚙️ HOW TO USE Emperor Levels of Pivot 🔥:
Here’s how you can use the Emperor Levels of Pivot to make more informed trading decisions:
1. Add the Indicator to Your Chart
First, add the Emperor Levels of Pivot indicator to your TradingView chart.
You will see pivot levels displayed for multiple timeframes (15 min, 1 hour, daily, weekly, etc.) with support and resistance levels.
2. Understand the Pivot Levels
The indicator will plot pivot levels, which act as key support and resistance levels for the market.
Support Levels (S1, S2, S3, etc.): These are price levels where the market could potentially find support and reverse or slow down.
Resistance Levels (R1, R2, R3, etc.): These are levels where the price could face resistance and reverse or stall.
3. Interpret the Color-Coded Zones
snapshot
Green Background (Buyer Zone): When the price is above the pivot, the background turns green, indicating a bullish trend. Traders may consider buying or looking for long positions in this zone.
Red Background (Seller Zone): When the price is below the pivot, the background turns red, indicating a bearish trend. Traders may consider selling or looking for short positions in this zone.
4. Monitor Multi-Timeframe Pivots
The indicator displays pivot levels for multiple timeframes. For example, a short-term (15-minute) pivot might be used for quick scalping, while a long-term (daily, weekly) pivot can provide a broader view of market sentiment.
You can compare pivot levels from different timeframes to get a better understanding of market trends. For example:
Short-term (15 min) may show immediate trends.
Long-term (daily, weekly) pivots help spot overall market direction.
5. React to Price Action
Watch for price reactions at key pivots:
If the price is approaching a resistance level and facing rejection, it may indicate a selling opportunity.
If the price is approaching a support level and bouncing back, it could signal a buying opportunity.
Reversals at key pivots often present high-probability trades.
6. Combine with Emperor RSI Candle
The Emperor Levels of Pivot indicator can be combined with other indicators, such as RSI, moving averages, or candlestick patterns, to confirm trading signals and increase the probability of a successful trade.
🔥 Key Tips for Using Emperor Levels of Pivot:
Adapt to your trading style: Whether you are scalping, day trading, or taking longer-term positions, use the appropriate timeframe pivots to match your strategy.
Set stop-loss and take-profit levels near key pivot points for better risk management.
Watch for price consolidations around pivot levels, as these often signal potential breakouts or reversals.
By following these steps, you can effectively use Emperor Levels of Pivot to guide your trading decisions, improve accuracy, and increase your chances of success in the market!
💡 HOW Emperor Levels of Pivot IMPROVES TRADING 🔥
Here’s how the Emperor Levels of Pivot can significantly enhance your trading experience and decision-making:
1. Clear Identification of Key Support & Resistance Levels
The pivot levels act as strong support and resistance zones, making it easier to identify where the price might reverse or consolidate.
By visually seeing these levels, traders can avoid getting trapped in breakouts that fail or entering trades at bad price points.
2. Real-Time Market Sentiment Understanding
The color-coded zones (green for buyer zone and red for seller zone) quickly show the market’s overall sentiment. This helps traders avoid counter-trend trades and only take positions aligned with the market's current momentum.
You’ll know instantly if the market is in a bullish or bearish phase, allowing you to align your trades accordingly.
3. Multi-Timeframe Insights for More Accurate Decisions
The multi-timeframe support allows you to view pivot levels for various timeframes (from 15 min to decennial). This means you can analyze both short-term trends and long-term market conditions, giving you a holistic view.
By combining short-term and long-term pivots, you can find the best entry points and avoid trading against the dominant trend.
4. Increased Trade Precision
The distance labels show how far the current price is from key pivot points (support/resistance), helping you assess whether the price is too far from the pivot or if a pullback is likely.
This precision allows you to set more accurate stop-loss and take-profit levels, optimizing your risk-to-reward ratio.
5. Faster Decision Making
The visual simplicity of the indicator’s color-coded zones and pivot levels allows for quick decision-making. Instead of spending time analyzing price action or trying to plot pivots manually, you can immediately spot trade setups that align with your strategy.
6. Helps Identify Breakouts and Reversals
By watching how price behaves near key support and resistance levels, you can spot potential breakouts or reversals earlier.
If price bounces off a support level (green zone) or gets rejected from a resistance level (red zone), it signals high-probability entry points.
7. Reduces Overtrading and Emotional Decisions
The clarity and structure provided by the Emperor Levels of Pivot indicator reduce the chance of overtrading. When you have a clear view of key levels, you'll be less likely to take impulsive trades based on emotions or random price movements.
8. Optimized for Intraday and Long-Term Trading
Whether you’re a scalper, day trader, or position trader, the multi-timeframe functionality provides flexibility. You can zoom into lower timeframes for quick trades or focus on higher timeframes for broader market trends.
🔥 In Summary:
Emperor Levels of Pivot improves trading by:
Providing clear, reliable support and resistance levels.
Offering a real-time view of market sentiment (buyer or seller zones).
Giving multi-timeframe insights, enhancing overall decision-making.
Increasing trade precision and optimal entry/exit points.
Enabling faster decisions for quicker execution.
Helping identify potential breakouts and reversals.
Reducing the chance of overtrading and emotional errors.
Being versatile for both intraday and long-term strategies.
By utilizing Emperor Levels of Pivot, traders can make more informed, precise, and effective trading decisions, leading to better risk management and higher success rates.
Wayne's Pivots ProThere is a public version of this indicator titled "Wayne's Pivots" if you would like to try out something similar to this indicator.
Wayne's Pivots Pro is named after Wayne McDonnel who came up with this indicator's pivot trading methodology. Wayne's Pivots are only one part of his methodology, but these pivots are the most critical part. They are frequently applied to supplement other trading methodologies as well. There are 3 key features that separate Wayne's Pivots specifically from every other pivot point indicator out there.
1. Midpoint Pivots
2. Biased Pivots
3. Next Period's Pivots
Understand that this indicator is supposed to be used, according to the methodology, alongside a fundamental bias. If you have not done fundamental research to know if you're a bull or bear on an asset, then you will likely not be using these pivots correctly. They do not tell you which direction the market will move. It tells you how far and how long a trade may go depending on which way you bias the pivots, and if your fundamental view was correct. This is trade planning tool for your entries and exits.
Breaking each point down:
1. Midpoint Pivots
If you take regular pivots (S#, R#), and get a histogram of every time price closed at or above each level, you generally end up with an even distribution. By adding midpoint levels you are doubling the amount of data, and increasing the resolution of the histogram. While these extra levels don't necessarily give us entries or exits, they do tell us when price doesn't quite reach a major support or resistance level. Midpoint pivot levels are calculated by finding the midpoint between each pivot level, and are labeled from the bottom up starting at M0 (Midpoint 0).
2. Biased Pivots
The traditional rules for trading pivot points are to buy support levels and sell resistance levels. In Wayne's methodology, we see pivots as a set for entries and take profits depending on our bias. It is known that trading the inverse of traditional pivot point rules that you can end up with a reasonable strategy. Biased pivots let us focus on only what matter to us by removing all other pivots, lines, and labels. Only showing us pivots useful to the bias we set.
For example, if you are a bull fundamentally you would set the bullish biased pivots. You would look for an entry in the area between the central pivot and second midpoint (M2), and an exit in the area between R2 and M4.
3. Next Period's Pivots
The third major feature of Wayne's Pivots are the "future" pivots. These are really calculated by taking the current HLC data and plotting it in realtime into the future before there's any data there. When we enter a new trading period, let say the day, we will have little data on the next day's pivots. As the current trading day goes on and gets closer to it's close, we start to see the next day's pivot points firm up. It's at this point that future pivots become actionable to create trading plans for the next day. The next period's pivots are exceptionally useful when scaled up to weekly, monthly, quarterly, and yearly timeframes. Daily, weekly, and monthly are the most commonly used within communities trading Wayne's methodology.
This is a completely rebuilt, professional use version of Wayne's Pivots. It includes many technical upgrades required by professional using Wayne's methodology. I released the original version publicly because it does not have many of the features here included in the Professional's version.
Features in Pro that are not in the public version:
Works on ALL timeframes.
Realtime pivot point updates.
Price levels on the pivots.
Extra pivots. (R3, M5, M0, S3)
All pivots start and end at the correct dates and times. (public version can't due to plot())
Easier to add more features!
Does this mean that you've abandoned the public version of Wayne's Pivots?
Absolutely not. Whenever there is a new feature in the Pro version, I always see if I can add it into the public one. It's just that the way it's built was not how I originally envisioned these pivots to be. If there's ever something that breaks the public version, I'm going to fix it because there's hundreds of people who use it.
I use the public version of Wayne's Pivots perfectly fine with my trading. Why switch to Pro?
Simply put, it's not going to give you the most accurate pivots that a professional would need. The pivots do not print properly on months with more or less than 30 days, and do their worst on short weeks. The public version has been like this ever since I first made it, and the only work around was to completely rebuild it. That's the major reason why I made the public version available to everyone in the first place. On top of all that, I can add way more features and customization options to these pivots than the public ones.
If I have a feature request will you try to implement it?
Absolutely! Some requests do have their limits, but don't be afraid to ask for something you really want. I'll try and implement lots of requested features as time goes on.
Swing Pivots High LowBINANCE:BTCUSDT
This indicator is an opensource merge of the built in 'Pivot Points High Low' and the most popular 'Swing-high-low-support-resistance' indicators. The original 'Pivot Points High Low' does not have extensions with better visibility, while the most popular 'Swing-high-low-support-resistance' has no source available. I've also added additional configurable alert conditions for Pivot High and Low Crossover/Crossunder.
Please read the official documentation for further information about the indicator.
Adaptive Pivot Zones█ OVERVIEW
The "Adaptive Pivot Zones" indicator is a versatile tool designed to identify and visualize key pivot levels directly on the price chart. By detecting pivot highs and lows, the indicator calculates dynamic support and resistance zones based on user-defined levels (default: 0.382, 0.5, 0.618). These zones adapt to market volatility, providing traders with clear visual cues for potential reversal or continuation points. The indicator offers extensive customization options, such as adjusting colors, smoothing lines, and setting fill transparency, making it highly adaptable to various trading styles.
█ CONCEPTS
The "Adaptive Pivot Zones" indicator simplifies the identification of significant price levels by plotting three dynamic pivot lines, which can be smoothed to reduce market noise. The indicator dynamically changes the colors of the lines and fill zones based on price action, using bullish, bearish, or neutral colors to reflect market sentiment.
█ CALCULATIONS
The indicator relies on the following calculations:
- Pivot Detection: Pivot highs (ta.pivothigh) and pivot lows (ta.pivotlow) are identified using a user-defined pivot length (default: 10). Pivots represent significant price peaks and troughs. Higher pivot length values produce more stable levels but introduce a delay equal to the set value. For more aggressive strategies, the pivot length can be reduced.
- Pivot Levels: When both a pivot high and low are detected, the range between them is calculated (rng = drHigh - drLow). Three pivot levels are computed as:
Line 1: drLow + rng * pivotLevel1
Line 2: drLow + rng * pivotLevel2
Line 3: drLow + rng * pivotLevel3
- Smoothing: Pivot lines can be smoothed using a simple moving average (SMA) with a user-defined smoothing length (default: 1) to reduce noise and improve readability.
- Color Logic: Lines and fill zones are colored based on the price position relative to the pivot zones:
If the price is below the lowest pivot line, a bearish color is used (default: red).
If the price is above the highest pivot line, a bullish color is used (default: green).
If the price is within the pivot zones and the neutral color option is enabled, a neutral color is used (default: gray); otherwise, the previous color is retained.
- Fill Zones: The areas between pivot lines are filled with a user-defined transparency level (default: 80) to visually highlight support and resistance zones.
█ INDICATOR FEATURES
- Dynamic Pivot Lines: Three adaptive pivot lines (default levels: 0.382, 0.5, 0.618) are plotted on the price chart, adjusting to market volatility.
- Smoothing: User-defined smoothing length (default: 1) for pivot lines to reduce noise and enhance signal clarity.
- Dynamic Coloring: Lines and fill zones change color based on price action (bullish, bearish, or neutral when the price moves within the zone), reflecting market sentiment.
- Fill Zones: Transparent fills between pivot lines to visually highlight support and resistance zones.
- Customization: Options to adjust pivot length, pivot levels, smoothing, colors, transparency, and enable/disable neutral color logic.
█ HOW TO SET UP THE INDICATOR
- Add the "Adaptive Pivot Zones" indicator to your TradingView chart.
- Configure parameters in the settings, such as pivot length, pivot levels, smoothing length, and colors, to align with your trading strategy. Without smoothing, lines behave like levels; with smoothing, they act like bands. All three levels can be set to the same value to obtain a single level or a line behaving like a moving average derived from pivots.
- Enable or disable the neutral color option (for prices moving within the zone) and adjust fill transparency for optimal visualization.
- Adjust line thickness and style in the "Style" section to improve chart readability.
Example of bands – lines behave like support/resistance zones.
Example of a moving average derived from pivots – line behaves like a pivot-based MA.
█ HOW TO USE
Add the indicator to your chart, adjust the settings, and observe price interactions with the pivot lines and zones to identify potential trading opportunities. Key signals include:
- Price Interaction with Pivot Lines: When the price approaches or crosses a pivot line, it may indicate a potential support or resistance level. A bounce from a pivot line could signal a reversal, while a breakout might suggest trend continuation.
- Zone-Based Signals and Trend Line Usage: Price movement within or outside the filled zones can indicate market sentiment. Price below the lowest pivot line suggests bearish momentum, price above the highest pivot line suggests bullish momentum, and price within the zones may indicate consolidation. With higher pivot length values, the indicator can be used as a trend line, particularly during clear market movements.
- Color Changes: Shifts in line and fill colors (bullish, bearish, or neutral) provide visual cues about changing market conditions.
- Confirmation with Other Tools: Combine the indicator with tools like RSI or Bollinger Bands to validate signals and improve trade accuracy. For example, a buy signal from RSI in the oversold zone combined with a bounce from the lowest pivot line may indicate a strong entry point.
[volfgang] Pivot Levels (Open, Close, High, Low)This script provides a clear and consistent way to track key price levels from Weekly and Daily bars, directly on your current chart interval.
The default colours are;
Today & This Week Open = White
Yesterday & Previous Week Open = Cream
Yesterday's High = Red
Yesterday's Low = Green
Weekly Pivots are 2px, and Daily Pivots are 1px.
Instead of requiring manual referencing of daily or weekly charts, these significant levels are automatically drawn and updated in real time, extending to the right as new bars form.
It adds value by helping traders quickly identify potential support/resistance zones and compare intraday price action with higher-timeframe pivots. This approach can aid in scalping, day trading, or swing trading strategies that rely on past price levels for trade entries, exits, or stop loss placement.
Daily Pivots Displayed Intraday
The script imports the previous day’s High, Low, Open, and Close and draws lines on the current chart, so you can see exactly where those levels lie on any intraday timeframe. You can easily change the colour of these lines in the menu.
Instead of switching between multiple charts for daily references, you can keep an intraday chart open and still watch how price behaves around these important daily pivots.
Weekly Pivots for Broader Context
In addition to daily levels, it also shows the previous week’s Open and Close. This feature helps traders who want to maintain a broader perspective and gauge the market’s weekly trend or bias while remaining on lower timeframes.
Automatic Line & Label Management
Each new trading day triggers a “session change” in the code, prompting the script to delete old lines and labels for daily levels. This keeps your chart from getting cluttered with outdated lines.
Weekly lines and labels follow the same approach, ensuring only the most recent weekly levels are highlighted.
Real-Time Extension
Lines are continuously extended to the right as new bars print, ensuring that you always have an updated view of your key price levels without any manual adjustments.
On the last bar, the script shifts to a time-based coordinate system for seamless visual extension.
Minimal Recalculation
This script uses security() calls in a carefully optimized way to reduce unnecessary recalculations and avoid repaint issues. By referencing open , close , etc., the lines remain fixed once the daily (or weekly) candle is confirmed.
Flexible Usage
You can apply this script to any symbol on TradingView. It’s especially beneficial for Forex pairs, indices, futures, or cryptocurrencies where you want to track significant past levels.
If you’re a scalper looking for areas of likely reaction, or a swing trader watching weekly opens for trend confirmation, these levels can be integral to your technical approach.
How to Use
Add to Chart: Click the “Add to Favorite Indicators” or “Apply to Chart” button once published.
Enable or Disable Previous Day Bars: Use the script’s input to toggle the display of previous day’s High, Low, Open, and Close lines if you only want weekly lines (or vice versa).
Customize Visuals: You can change line colors, width, and label text in the “Style” or “Inputs” tab. Adjust them to fit your preferred color scheme.
Interpretation:
Daily levels typically carry relevance for the next trading session. They can be used for intraday support/resistance, breakout checks, or gap fills.
Weekly levels help identify more prominent zones for bigger moves or for understanding overall sentiment from the prior week.
Conceptual Underpinnings
Support/Resistance: Past opens/closes often act as support or resistance because they represent important points of reference (where trading started or ended during a prior session).
Market Psychology: Many traders watch daily or weekly closes to gauge momentum and bias, which can become self-fulfilling as more participants join around those levels.
Improved Situational Awareness: By having these levels automatically drawn and updated, traders avoid missing critical areas where price may pivot.
This script is intentionally open-source to help traders study and personalize it.
By merging daily and weekly pivot concepts in a single script, it provides a convenient and efficient tool—rather than a simple mashup, it unifies two timeframes that are crucial in short-term and medium-term trading decisions.
Remember that these levels alone do not constitute a complete trading system; they are best used as part of a broader strategy involving risk management, additional technical signals, and market context.
