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Pivot Points Standard
Pivots Traditional with Alerts — Description
Pivots Traditional with Alerts is an indicator that calculates standard (Traditional) Pivot Point levels and provides alerts when price interacts with these levels.
What the indicator does
• Calculates the main Pivot level (P) and support/resistance levels (S1, S2, S3, R1, R2, R3) using the previous period’s High, Low, and Close (HLC).
• Updates automatically when a new pivot period begins (e.g., new day, week, or month depending on the selected Pivot Timeframe).
• Visually plots the pivot levels on the chart for easy reference.
Alerts
The indicator allows alerts for:
• Price touching a pivot level
• Price breaking above or below a pivot level
Alerts can be enabled individually for each level (P, S1–S3, R1–R3).
Inputs
• Pivot Timeframe — timeframe used for pivot calculations (Daily, Weekly, Monthly, etc.).
• Number of Pivots Back — how many previous pivot sets to display.
• Show Labels/Prices — toggle level labels and price values.
• Enable/disable specific pivot levels (P, S1–S3, R1–R3).
Calculation (Traditional formula)
P = (High + Low + Close) / 3
R1 = 2*P − Low
S1 = 2*P − High
R2 = P + (High − Low)
S2 = P − (High − Low)
R3 = High + 2*(P − Low)
S3 = Low − 2*(High − P)
Usage
Traditional pivots are commonly used to identify potential intraday or swing support/resistance areas, reversals, and price targets. Alerts allow you to monitor these levels without constantly watching the chart.
Pivots Traditional with Alerts is an indicator that calculates standard (Traditional) Pivot Point levels and provides alerts when price interacts with these levels.
What the indicator does
• Calculates the main Pivot level (P) and support/resistance levels (S1, S2, S3, R1, R2, R3) using the previous period’s High, Low, and Close (HLC).
• Updates automatically when a new pivot period begins (e.g., new day, week, or month depending on the selected Pivot Timeframe).
• Visually plots the pivot levels on the chart for easy reference.
Alerts
The indicator allows alerts for:
• Price touching a pivot level
• Price breaking above or below a pivot level
Alerts can be enabled individually for each level (P, S1–S3, R1–R3).
Inputs
• Pivot Timeframe — timeframe used for pivot calculations (Daily, Weekly, Monthly, etc.).
• Number of Pivots Back — how many previous pivot sets to display.
• Show Labels/Prices — toggle level labels and price values.
• Enable/disable specific pivot levels (P, S1–S3, R1–R3).
Calculation (Traditional formula)
P = (High + Low + Close) / 3
R1 = 2*P − Low
S1 = 2*P − High
R2 = P + (High − Low)
S2 = P − (High − Low)
R3 = High + 2*(P − Low)
S3 = Low − 2*(High − P)
Usage
Traditional pivots are commonly used to identify potential intraday or swing support/resistance areas, reversals, and price targets. Alerts allow you to monitor these levels without constantly watching the chart.
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系BaldB。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
Alerts
The indicator allows alerts for:
• Price touching a pivot level
• Price breaking above or below a pivot level
Alerts can be enabled individually for each level (P, S1–S3, R1–R3).
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。
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系BaldB。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
Alerts
The indicator allows alerts for:
• Price touching a pivot level
• Price breaking above or below a pivot level
Alerts can be enabled individually for each level (P, S1–S3, R1–R3).
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。