OPEN-SOURCE SCRIPT

Pivot Points mura vision

57
What it is
A clean, single-set pivot overlay that lets you choose the pivot type (Traditional/Fibonacci), the anchor timeframe (Daily/Weekly/Monthly/Quarterly, or Auto), and fully customize colors, line width/style, and labels. The script never draws duplicate sets—exactly one pivot pack is displayed for the chosen (or auto-detected) anchor.

How it works
  • Pivots are computed with ta.pivot_point_levels() for the selected anchor timeframe.
  • The script supports the standard 7 levels: P, R1/S1, R2/S2, R3/S3.
  • Lines span exactly one anchor period forward from the current bar time.
  • Label suffix shows the anchor source: D (Daily), W (Weekly), M (Monthly), Q (Quarterly).

Auto-anchor logic
  • Intraday ≤ 15 min → Daily pivots (D)
  • Intraday 20–120 min → Weekly pivots (W)
  • Intraday > 120 min (3–4 h) → Monthly pivots (M)
  • Daily and above → Quarterly pivots (Q)

This keeps the chart readable while matching the most common trader expectations across timeframes.

Inputs
  • Pivot Type — Traditional or Fibonacci.
  • Pivots Timeframe — Auto, Daily (1D), Weekly (1W), Monthly (1M), Quarterly (3M).
  • Line Width / Line Style — width 1–10; style Solid, Dashed, or Dotted.
  • Show Labels / Show Prices — toggle level tags and price values.
  • Colors — user-selectable colors for P, R*, S*.


How to use
  1. Pick a symbol/timeframe.
  2. Leave Pivots Timeframe = Auto to let the script choose; or set a fixed anchor if you prefer.
  3. Toggle labels and prices to taste; adjust line style/width and colors for your theme.
  4. Read the market like a map:
  • P often acts as a mean/rotation point.
  • R1/S1 are common first reaction zones; R2/S2 and R3/S3 mark stronger extensions.
  • Confluence with S/R, trendlines, session highs/lows, or volume nodes improves context.

Good practices
  • Use Daily pivots for intraday scalps (≤15m).
  • Use Weekly/Monthly for swing bias on 1–4 h.
  • Use Quarterly when analyzing on Daily and higher to frame larger cycles.
  • Combine with trend filters (e.g., EMA/KAMA 233) or volatility tools for entries and risk.

Notes & limitations
  • The script shows one pivot pack at a time by design (prevents clutter and duplicates).
  • Historical values follow TradingView’s standard pivot definitions; results can vary across assets/exchanges.
  • No alerts are included (levels are static within the anchor period).

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.