OPEN-SOURCE SCRIPT
Multi Pivot Trend [BigBeluga]

🔵 OVERVIEW  
The Multi Pivot Trend [BigBeluga] is an advanced market-structure-driven trend engine that evaluates trend strength by scanning multiple pivot breakouts simultaneously.
Instead of relying on a single swing length, it tracks breakouts across ten increasing pivot lengths — then averages their behavior to produce a smooth, reliable trend reading.
Mitigation logic (close, wick, or HL2 touches) controls how breakouts are confirmed, giving traders institutional-style flexibility similar to BOS/CHoCH validation rules.
This indicator not only colors candles based on trend strength, but also extends trend strength and volatility-scaled projection candles to show where trend pressure may expand next.
Pivot breakout lines and labels mark key changes, making the trend transitions extremely clear.
🔵 CONCEPTS
🔵 FEATURES
🔵 HOW TO USE
🔵 CONCLUSION
The Multi Pivot Trend [BigBeluga] is a structural trend recognition system that blends multiple pivot breakouts into one clean trend score — with institutional-style mitigation logic and volatility-projected trend extensions.
It gives traders a powerful, visually intuitive way to track momentum, spot trend rotations early, and understand true structural flow beyond simple MA-based approaches.
Use it to stay aligned with the dominant swing direction while avoiding noise and false flips.
The Multi Pivot Trend [BigBeluga] is an advanced market-structure-driven trend engine that evaluates trend strength by scanning multiple pivot breakouts simultaneously.
Instead of relying on a single swing length, it tracks breakouts across ten increasing pivot lengths — then averages their behavior to produce a smooth, reliable trend reading.
Mitigation logic (close, wick, or HL2 touches) controls how breakouts are confirmed, giving traders institutional-style flexibility similar to BOS/CHoCH validation rules.
This indicator not only colors candles based on trend strength, but also extends trend strength and volatility-scaled projection candles to show where trend pressure may expand next.
Pivot breakout lines and labels mark key changes, making the trend transitions extremely clear.
🔵 CONCEPTS
-  Market trend strength is reflected by multiple pivot breakouts, not just one.
-  The indicator analyzes ten pivot structures from smaller to larger swings.
-  Each bullish or bearish pivot breakout contributes to trend score.
-  Mitigation options (close / wick / HL2) imitate smart-money breakout confirmation logic.
-  Trend score is averaged and translated into colors and extension bars.
-  Neutral regime ≈ weak trend or transition zone (trend compression).
🔵 FEATURES
- Multi-Pivot Engine — tracks 10 pivot-based trend signals simultaneously.
- Mitigation Modes:  
 • Close — breakout requires candle close beyond pivot
 • Wicks — breakout requires wick violation
 • HL2 — breakout confirmed when average (H+L)/2 crosses level
- Dynamic Color System:  
 • Blue → confirmed bullish rotation
 • Red → confirmed bearish rotation
 • Orange → neutral / transition state
- Breakout Visualization — draws pivot breakout lines in real-time.
- Trend Labels — prints trend %.
- Trend Volatility-Scaled Extension Candles — ATR/trend strength based candle projections show momentum continuation strength.
- Gradient Pivot Encoding — higher pivot lengths = deeper structure considered.
🔵 HOW TO USE
-  Use strong blue/red periods to follow dominant structural trend.
-  Watch for color transition into orange — possible trend change or consolidation.
-  Pivot breakout lines help validate structure shifts without clutter.
-  Wick mitigation catches aggressive liquidity-sweep based breaks.
-  Close/HL2 mitigation catches cleaner market structure rotations.
-  Extension bars visualize trend pressure — large extensions = strong push.
-  Best paired with volume or volatility confirmation tools.
🔵 CONCLUSION
The Multi Pivot Trend [BigBeluga] is a structural trend recognition system that blends multiple pivot breakouts into one clean trend score — with institutional-style mitigation logic and volatility-projected trend extensions.
It gives traders a powerful, visually intuitive way to track momentum, spot trend rotations early, and understand true structural flow beyond simple MA-based approaches.
Use it to stay aligned with the dominant swing direction while avoiding noise and false flips.
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.
🔵Gain access to our powerful tools : bigbeluga.com/tv
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
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.
🔵Gain access to our powerful tools : bigbeluga.com/tv
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
