Price Change Rate by Pivot Points - Dynamic — Indicator by LonesomeTheBlue

volatility pivotpoints breadthstudies priceaction fibonacciextension dailypivots trendtrading supplyzone lonesometheblue

Hi Everyone

Usually I need Price Change info and I believe most of you need this info too. I want to see how it increased/decreased. I automate this by using Pivot Points.

it works dynamically and it uses Pivot Highs and Pivot Lows accordingly. That means it calculates which one to use.

Please watch following video:

Price Change Rate by Pivot Points - Dynamic

04:23

Enjoy!

Release Notes:

Added Retracements. so you may not need to use Fibo Retracement tool while using this script
Showing Price levels, Retracements, and Arrows not optional. you can choose which ones to show

a visual explanation about retracement:

Release Notes:

Added "Show Price Change" option. with this, you can see the Price Change between Pivot High and Pivot Lows

Release Notes:

Added "Show Label on current High/Low" option to show the change on highs/Lows. (by request)

Release Notes:

fixed the warnings
transp removed

www.youtube.com/@lonesometheblue/videos

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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