Pivot Weighted Moving Average

Pivot points often act as magnets for price action. The Pivot Weighted Moving Average takes those important levels and integrates them as a weighting function into a moving average. Users can choose the level of weighting they would like to use; the higher the weighting level, the more influence the pivot points will have on the moving average. The Pivot Weighted Moving Average is a great tool for determining trend direction and for signaling dynamic support and resistance levels.

Release Notes

Added gradient coloring

Release Notes

Branding and cleaning up code

Invite-only script

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Author's instructions

Please follow me on Twitter @theCryptoLoon and check my pinned tweet

Warning: please read our guide for invite-only scripts before requesting access.

JRL_6

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