QuantPivote
Weekly Periods Analyzed :
- The number of total periods loaded and analyzed is on the chart.
Touch > H1 :
- Pivot level average price exceeded or was equal to, but did not close above.
Close > H1 :
- How often has the price closed above the H1 pivot level.
Touch > H2 :
- Pivot level one standard deviation above H1.
- The price exceeded or was equal to, but did not close above.
Close > H2 :
- How many times has the price closed above the H2 pivot level .
Touch > L1 :
- Pivot level average price exceeded or was equal to, but did not close below.
Close > L1 :
- How many times has the price closed below the L1 pivot level.
Touch > L2 :
- Pivot level one standard deviation below L1.
- The price exceeded or was equal to, but did not closed below.
Close > L2 :
- How many times has the price closed below the L2 pivot level.
Total Closes Inside H1 / L1 :
- Total number of times with in the periods analyzed that there were closes within H1 / L1 .
Total Closes Inside H2 / L2 :
- Total number of times with in the periods analyzed that there were closes within H2 / L2 respectively.
Pivots :
Pivot lines are a function of the analysis and averaging period inputs.
- H1 represents the average point which the highest price is achieved for the selected time period (analysis period).
- L1 represents the average point which the lowest price is achieved for the selected time period (analysis period).
- H2/L2 = One standard deviation away from the inner high H1 or low L1 bands.
Pivot lines are a function of the analysis and averaging period inputs.
- H1 represents the average point which the highest price is achieved for the selected time period (analysis period).
- L1 represents the average point which the lowest price is achieved for the selected time period (analysis period).
- H2/L2 = One standard deviation away from the inner high H1 or low L1 bands.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact pineaflAlgo directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact pineaflAlgo directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.