The 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...
The 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...
This cpr/support/resistance script are based on Secret of Pivot Boss book by Franklin O. Ochoa.
You can Find minuets wise timeframe cpr/support/resistance
You can Find Daily time frame cpr/support/resistance.
You can Find Weekly time frame cpr/support/resistance.
You can Find Monthly time frame cpr/support/resistance.
You can Find view Previous Day High/Low.
You...
This script is based on Secret of Pivot Boss book by Frank Ochoa. Suitable for Intraday Trading.
You can view Daily timeframe cpr/support/resistance.
You can view Weekly timeframe cpr/support/resistance.
You can view Monthly timeframe cpr/support/resistance.
You can also view Previous Day High/Low.
You can also view Previous Week High/Low.
You can also view...
This will let trader see Daily and Weekly Pivot points with R/S5.
Daily Pivot point line --> Orange Color
Daily R1-5 ---> Black circles
Daily S1-5 ---> Black circles
Weekly Pivot lines ---> Purple Color
Weekly R1-5 ---> Red Circles
Weekly S1-5 ---> Red Circles
We recommend some preconditions for Intraday Trading Strategy with CPR (Central Pivot Range)
Rules For BUY Setup with CPR
1) Today's Pivot Level Should be higher than Previous Day's Pivot Level
2) The previous day's close should be near day high.
Rules For SELL Setup with CPR
1) Today's Pivot Level Should be lower than Previous Day's Pivot Level
2) The...
This script is a combination of two. Firstly a trend is identified as up down or sideways. Higher highs and higher lows makes for an uptrend, lower highs and lower lows similarly allows for a downtrend to be registered. Users can adjust the number of bars to include for detection of the pivot points to increase the accuracy of trend changes but this significantly...
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.
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
This script is based on Secret of Pivot Boss book by Frank Ochoa. Suitable for Intraday Trading.
You can view Daily timeframe cpr/support/resistance.
You can view Weekly timeframe cpr/support/resistance.
You can view Monthly timeframe cpr/support/resistance.
You can also view Previous Day High/Low.
You can also view Previous Week High/Low.
You can also view...
PivotFI provides support and resistance lines based on Fibonacci pivots lengths in any timeframe of your choosing.
Pivots included:
5,8,13,21,34,55
Timeframes:
Any
SignalFI was created to help traders and investors to effectively analyze the market based on the Golden Mean Ratio (Fibonacci numbers), plan a trade and ultimately execute it. To help inform and...
his indicator is to draw the Trend based on Higher Highes/Higher lows/Lowers Lows/Lower highs.
This draws the pivot point and also mentions in text about the trend , whether Trend continuation lines crossed , Trend termincation lines are crossed etc.
Sick of flipping through Pivot Point settings to change the time frame?
Or to hide certain ones because it screws up the auto-zoom?
Or are you just wishing there was something out there that was simple and effective?
Well - me too, that's why I made this automatic Pivot Points detector. Right now it only goes to S3/R3 (will expand in the future), but I made this...
# Advantages over TV's indicator "Pivot Points Standard"
1. Show pivot lines for all history, which lets you gauge trading strategies throughout time
2. More sensible Default/Auto time frame; e.g. on intradays only and always the market values of yesterday's Day are used
3. The halves between the key levels are also shown, which it's useful for some...
Price action is easy to visualize.
It is very easy to read price action if you have a reference point. These support/resistance lines are there to help you read where the buyers and sellers are likely to make a stand.
You can also think of these indicators as moving pivot points.
MasterChartsTrading Price Action Indicators show good price levels to enter or...
![XBTUSD: [SignalFI] PivotFI [V1.0]](https://s3.tradingview.com/c/cFhWzIX9_mid.png "[SignalFI] PivotFI [V1.0]")
