OPEN-SOURCE SCRIPT
Auto Pivots with S/R Levels
Plots out the pivot point with corresponding Support / Resistance levels.
It will automatically determine the time frame to calculate pivots based on the current view resolution.
Monthly resolution will pull a yearly pivot
Weekly resolution will pull a monthly pivot
Daily view will pull a weekly pivot
Intraday view will pull a daily pivot.
You have the choice of using Standard pivots or Fibonacci pivots
You can choose to only display the most recent pivot or all pivots
You can chose to extend the most recent pivot across the whole chart as a price line
TODO:
- Add in the ability to choose how far back historically to display pivots
- Add in calculations for smaller resolutions to calculate off lower time frames. EX: minute resolution should pull hour time frame to calculate pivots.
It will automatically determine the time frame to calculate pivots based on the current view resolution.
Monthly resolution will pull a yearly pivot
Weekly resolution will pull a monthly pivot
Daily view will pull a weekly pivot
Intraday view will pull a daily pivot.
You have the choice of using Standard pivots or Fibonacci pivots
You can choose to only display the most recent pivot or all pivots
You can chose to extend the most recent pivot across the whole chart as a price line
TODO:
- Add in the ability to choose how far back historically to display pivots
- Add in calculations for smaller resolutions to calculate off lower time frames. EX: minute resolution should pull hour time frame to calculate pivots.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.