OPEN-SOURCE SCRIPT
Combined MTF Camarilla Pivots (HA + Candles)

This is a fairly basic (but hopefully useful) indicator that combines three time-frames of Camarilla pivots into one.
Default time-frames are:
Time-frames can be modified as you wish, they are just set to these as I generally only trade higher intervals (just note that formatting labels will not change - but you can update these as needed).
The Camarilla pivots displayed are as follows:
R1/S1 & R2/S2 are excluded to make way for R5/S5 & R6/S6 - as these are more useful for the majority of traders. The formula for levels 5/6 are always up for debate, as no official formula has ever been released. I've used what I consider a mid, or consensus calculation.
By default all historical pivot levels are displayed, as there can be some benefit to mapping these forward once the relevant period has ended. If people find it's too cluttered I'll look into having an option to display the current period only.
Unfortunately, TradingView doesn't allow labels on plots (seems like such a basic feature to be missing, but there you go), so you'll have to learn the colours/linewidths.
Oh, and there's a checkbox to enable pivots to be calculated on Heiken-Ashi prices/candles rather than default prices/candles. This heavily modifies the location of the Camarilla Pivots, but I've found that in certain situations you can get some great results.
Let me know your thoughts/comments/suggestions.
Cheers
DD
Default time-frames are:
- Weekly
- Monthly
- Yearly
Time-frames can be modified as you wish, they are just set to these as I generally only trade higher intervals (just note that formatting labels will not change - but you can update these as needed).
The Camarilla pivots displayed are as follows:
- R3, R4, R5, R6
- Pivot line (Middle/Base)
- S3, S4, S5, S6
R1/S1 & R2/S2 are excluded to make way for R5/S5 & R6/S6 - as these are more useful for the majority of traders. The formula for levels 5/6 are always up for debate, as no official formula has ever been released. I've used what I consider a mid, or consensus calculation.
By default all historical pivot levels are displayed, as there can be some benefit to mapping these forward once the relevant period has ended. If people find it's too cluttered I'll look into having an option to display the current period only.
Unfortunately, TradingView doesn't allow labels on plots (seems like such a basic feature to be missing, but there you go), so you'll have to learn the colours/linewidths.
Oh, and there's a checkbox to enable pivots to be calculated on Heiken-Ashi prices/candles rather than default prices/candles. This heavily modifies the location of the Camarilla Pivots, but I've found that in certain situations you can get some great results.
Let me know your thoughts/comments/suggestions.
Cheers
DD
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.