* Pivot Levels Detector (for H4, D2) [aleeert]

Pivot Levels Detector is the script based on idea about breakouts of pivot levels which based on certain numbers of bars used for reaching the target and breakout the level. Working timeframes are H4 and 2D. The script works better with BTCUSD, ETHUSD, EOSBTC, AAPL, TSLA.

No repainting!
The script doesn't use any moving averages or other relative methods which cancel or change data on previous bars. Once the signal is showed it will stay forever.

NOTE: The results from Strategy Tester could slight vary from results you see on the chart. It's because of calculation method used on Strategy Tester, which uses a data from closed bars only, not by target reaching. So the results you see on the chart are more correct.

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Regards,
aleeert

Release Notes

Added more months to the strategy period.

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

aleeert

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.

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

aleeert