This Script search the nearest pivot in the base of the price movement "Close" Only the nearest Support and Resistance will be plotted.
An informative label is included in the indicator with the option of a turn on/off.
Pivot Level, Time, Pivot Calculation, and Price Is included in the label.
There are 3 Options for the pivot calculation (Detection):
=>Camarilla
Only detect the pivots > than R3 and lower than < S3 Is going to detect even until S6 and R6 =>Traditional
In this case, Detect all pivots levels And maintain as a constant the Main Pivot without
=>Fibonacci
Same as camarilla Only detect the pivots > than R3 and lower than < S3 Exception detecting until R5 and S5
////The LockBack Option////
This Script also includes an option to only plot a certain amount of days back. Mainly for have a more clear chart.
/////Color Options/////
Includes different colors that can be selected changing the pivot levels, labels, and candles.
////Candles Color///// (Optional)
The color change of candles can be activated or deactivated in the base of the trader preferences Is going to plot color when the price is higher than Main Pivot in "720" Time Frame
The color is linked with the //Color Option// Changing all at the same time to preserve a minimalistic design.