tbiktag

Pivot Spotlight: Filtering of Multi Time Frame Pivot Points

tbiktag 已更新   
The script displays standard pivot points and the corresponding support (S) and resistance (R) levels closest to the current price. It simultaneously plots levels calculated on different timeframes (daily, weekly, monthly, yearly). Plotted levels are selected by means of a filtering window that instantly follows the price.

I personally use this script for intraday trading, but it is also compatible with higher time frames.


INPUT DESCRIPTION

Filtering window width:
A real number that defines the filtering range as a fraction of the previous high-low range on a higher timeframe.
For example, for a daily resolution and Filtering window width = 2.0, the filtering range equals 2.0*(previous month HIGH - LOW).

Max number of levels plotted:
If the filtering window is very broad, this parameter limits the number of displayed levels.

Type of pivot points:
Available options are Traditional, Fibonacci, Woodie, Classic, Demark, Camarilla.

Show Yearly (Monthly, Weekly, Daily) Pivots:
Pivots timeframes to display.
Note, however, that regardless of this input only the pivot levels of the timeframes higher than the current chart resolution will be plotted. For example, if the chart resolution is hours or days, only weekly, monthly and yearly levels will be displayed; daily levels will be omitted.


OUTPUT DESCRIPTION

The levels are labeled in accordance with the timeframe they are calculated on. For example, S1D is the first daily S level; R2W is the second weekly R level; PM is a monthly pivot point.
版本注释:
Fixed an issue with Woodie's pivot points.
版本注释:
fixed a small bug in the sorting subroutine
版本注释:
Major update

In the updated version, the approach to the processing of displayed objects (lines and labels) has been significantly redesigned. As a result, the existing bugs were fixed (such as duplicate display of labels, incorrect line behavior in the presence of time gaps in the chart).

New features added:
  • The line width and style, as well as the label font size and color are now fully customizable.
  • The line length can be changed by defining the input parameters Line Length Forward and Line Length Back.
  • The values of the pivot levels can be displayed by switching the Print Values option.

DISCLAIMER: I am not a financial advisor, and my scripts are for educational purposes only. Any trades you make are at your own risk.
开源脚本

本着真正的TradingView精神,该脚本的作者将其开源发布,以便交易者可以理解和验证它。为作者喝彩!您可以免费使用它,但在出版物中重复使用此代码受网站规则的约束。 您可以收藏它以在图表上使用。

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。

想在图表上使用此脚本?