Pivot and Golden Crossover Swing Strategy

yesterday

### Strategy Description:

This **Pivot and Golden Crossover Swing Strategy** combines moving averages and pivot points to identify potential swing trade opportunities. It is designed for traders who want to leverage momentum and key price levels in their decisions.

#### Key Features:
1. **Golden Crossover**:
- A long position is triggered when the short moving average (50-period by default) crosses above the long moving average (200-period by default).
- A short position is triggered when the short moving average crosses below the long moving average.

2. **Pivot Points**:
- Identifies recent high and low pivot levels based on a user-defined lookback period (default is 5 candles).
- Pivot points are used to determine entry levels and calculate stop-loss and take-profit targets.

3. **Risk Management**:
- Stop-loss levels are set relative to pivot points with a user-defined multiplier (default: 1.5x).
- Take-profit targets are based on the distance between moving averages, adjusted by a multiplier (default: 2.0x).

4. **Visual Indicators**:
- Moving averages are plotted on the chart for trend visualization.
- Pivot points are marked with triangle shapes for easy identification.

#### Use Case:
This strategy works well in trending markets where golden crossovers indicate momentum shifts. The pivot points ensure precise trade management, making it suitable for swing traders aiming to capture medium-term price movements.

Let me know if you'd like any further details or adjustments!