A pivot point indicator that has possibility to see even the monthly or the weekly pivot points . Pivot points are very powerful if used in correct way. most of the time the price can be rejected from the pivot point or if the price break it it will be a nice entry if retest the pivot R2/S2 are a very strong pivots to break but of course you need a certain distance between the pivot
Very nice and thank you! Found a couple of minor fixes... S2 and R2 labels are inverted plot(s2Level,color = color.red, style = plot.style_line, title = "R2") sb "S2" plot(r2Level,color = color.blue, style = plot.style_line, title = "S2") sb "R2"
therewat
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The code for Weekly Pivot points stated above is for week starting on Monday. How do you change it to start on a Thursday?
Thanks
S2 and R2 labels are inverted
plot(s2Level,color = color.red, style = plot.style_line, title = "R2") sb "S2"
plot(r2Level,color = color.blue, style = plot.style_line, title = "S2") sb "R2"