OPEN-SOURCE SCRIPT
已更新

Pivot Lines

11 289
This indicator provides possible short, medium, and long-term support and resistance levels based on recent highs and lows. The furthest the level is, the thicker its line is, making it easy to spot stronger levels where 2 lines overlap. It can be configured to use open/close values instead of high/low for tighter levels.

Default settings:
- Short Period: 20
- Medium Period: 50
- Long Period: 100

This script also provides alerts for when the price crosses over/under a given level or pulls back.

Note: It sometimes displays supports above the price and resistances below it, I still have to figure out why (and fix it if possible), but it's still useful.
版本注释
Changes:
  • Change default periods to 5, 20, 50
  • More reliable levels by checking their position
  • Code refactoring
版本注释
Update to Pine Script v5

免责声明

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.