INVITE-ONLY SCRIPT

Tradocate Pivot

13
Smart Pivot Levels • Clean Candle Breakouts • Dashboard

This script combines multi-timeframe pivot levels, clean candle-based breakouts, and an integrated signal dashboard to help traders identify high-probability trend continuation setups.

It is built around the Main Pivot (P) — also referred to as the midlevel — and enhances it with breakout logic, trailing candle stops, and customizable filters.

🔍 Core Features
1️⃣ Dynamic Pivot Levels (Traditional / Fibonacci / Camarilla / Woodie / etc.)


- Automatically detects and updates pivot levels across any timeframe

- Supports Daily, Weekly, Monthly, Quarterly, and custom long-term anchors

- Option to use Daily-based pivots even on intraday charts

2️⃣ Midline (Main Pivot)

The script extracts and plots the P pivot for quick trend bias detection:

- Price > P → Bullish bias

- Price < P → Bearish bias

Also includes:

- Midline label that updates in real time

- Optional ±10 ticks zone for scalpers

- Shaded neutral zone for breakout clarity

3️⃣ Clean Candle-Based Breakout System

The strategy looks for a strong candle forming above/below the midline, then confirms a breakout when price exceeds that candle’s high/low:

Bullish breakout:

- Strong bearish candle flips into a reversal

- Clean break above previous candle high

- Confirms continuation above midline

Bearish breakout:

- Strong bullish candle flips into a reversal

- Clean break below previous candle low

- Confirms downside continuation

This avoids messy signals during chop and focuses on quality breakouts only.

4️⃣ Dashboard Status Panel

A simple real-time display showing:

- BUY BRO / SELL BRO sentiment (based on midline)

- RSI reading (with color-coded conditions)

Great for quick visual confirmation when scanning multiple charts.


🎯 Who This Script Is For

Perfect for:


- Intraday futures traders (FCPO, NQ, ES, Gold, FX, Crypto)

- Swing traders using higher-timeframe pivots

- Scalpers using ±10 tick offset zones

- Traders wanting clear, clean breakout confirmation instead of noisy signals

⚠️ Notes

For realistic backtesting, use barmerge.lookahead_off mode

Pivots update only when the anchor timeframe resets (daily, weekly, etc.)

This system works best in trending conditions; avoid high-chop environments

⭐ If you find this useful

Please like, follow, or comment — your interaction helps me publish more tools!

Wyłączenie odpowiedzialności

Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.