OPEN-SOURCE SCRIPT

Pivot cycles - JD

This indicator tells you how many bars it takes to get from one pivot point to another.
This can give you a probability of when an upward or downward pivot is 'overdue'.

As is the nature of pivot points, this naturally lags by default by half of the pivot length!!
eg. if the pivot length is set to 6 the indicator will give you the pivot point 3 bars later.


JD.

#DYOR
#nottradingadvice

Oscillators
Duyck
Wizard
Disclaimer.
I AM NOT A FINANCIAL ADVISOR.
THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY.
ALWAYS DO YOUR OWN RESEARCH!
JD.

You can contact me for info/access in PM or on Telegram: @jduyck
PLS, DON'T ASK FOR ACCESS IN THE COMMENT SECTION!

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!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约束。 您可以收藏它以在图表上使用。

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