OPEN-SOURCE SCRIPT
Multi Time Frame Pivot Point.
The provided Pine Script is an indicator that allows users to display pivot points for various timeframes, such as 15 minutes, 30 minutes, 1 hour, 4 hours, daily, weekly, and monthly, on the chart. The script includes input options for users to choose which pivot points to display for each timeframe.
The script calculates pivot points for different timeframes using the formula (high + low + close) / 3 and then plots the pivot points on the chart with different colors for each timeframe.
This indicator provides flexibility in displaying pivot points for different timeframes based on user preferences.
The script calculates pivot points for different timeframes using the formula (high + low + close) / 3 and then plots the pivot points on the chart with different colors for each timeframe.
This indicator provides flexibility in displaying pivot points for different timeframes based on user preferences.
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 publication is governed by House rules. You can favorite it to use it on a chart.
Want to use this script 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.