Pivot Support & Resistance

2021年11月15日

Here signals are based on the pivot high and pivot lows. Factors taken into account in understanding the breakout or breakdown are:

• volume
  

*candle bar is not opening candle

*must be near pivot high or low


Recommendation:
Use once candle closes else you might get trapped in certain cases so be careful

2021年11月16日

版本注释

Removed opening candle criteria.

*added closing confirmation to avoid false breakdown breakouts

*showing indicator for last 75 bars only

*

2021年12月18日

版本注释

• Trailing stoploss
  
• New trend vs trend continuation based on pivot-point
  
• Entry point added
  
• Maximum profit point is also added
  

2021年12月18日

版本注释

added further explanation on the chart.