Pivot Points High/Low-Based | Trendlines - S/R - Fib by ysfgnr

21小时前

Pivot Points High/Low-Based | Trendlines – S/R – Fib
This indicator is a professional-grade technical analysis tool built entirely on Pivot Points High/Low logic, designed to provide clear market structure, dynamic trendlines, Support & Resistance zones, and advanced Fibonacci analysis — all in one fully integrated system.
The script is engineered with a strong focus on UI–logic consistency, mathematical accuracy, repaint awareness, and real-world trading usability.
________________________________________
Core Features
1. Pivot Points High / Low Detection
• Uses ta.pivothigh() and ta.pivotlow() with fully customizable left/right bar lengths
• Pivot points are visually marked with clean, non-intrusive labels
• Repaint behavior is transparent and documented: pivot points may update until right-side bars are fully confirmed
• Pivot history is efficiently managed to avoid memory overflow
________________________________________
2. High-to-High & Low-to-Low Trendlines
• Automatically draws trendlines based on confirmed pivot structures
• Supports Linear and Logarithmic price scales
• Live projection extends trendlines into the future with mathematically precise slope calculations
• Trendline style (solid / dashed / dotted), color, and width are fully customizable
Optional breakout confirmation:
• Confirmed on candle close (close-based crossover)
• Or intrabar detection using high/low values
________________________________________
3. Pivot-Based Support & Resistance Zones
• Dynamically creates Support and Resistance zones directly from pivot points
• Zones are drawn using candle body logic for more realistic price interaction
• Automatic zone extension and mitigation
• Zones are removed only after a confirmed candle close beyond the zone
• Clean visual design with adjustable colors and opacity
Built-in Zone Entry (Touch) Alerts:
• Support Zone Entry
• Resistance Zone Entry
Each zone triggers only once to prevent alert spam.
________________________________________
4. Advanced Fibonacci System
Two fully separated Fibonacci modes are included.
Classic Fibonacci (A → B)
• Standard retracement and extension levels
• Automatically adapts to bullish and bearish pivot sequences
• A and B labels clearly mark the impulse structure
Extension Fibonacci (A → B → C)
• Continuation-based Fibonacci projections
• Automatically detects valid ABC structures
• Draws retracement, extension, and overextension levels
• Includes optional A, B, and C labeling
Fibonacci calculations support:
• Linear or Logarithmic scaling
• Precise ratio-to-color mapping
• Optional price values and percentage change display
• Automatic cleanup when switching modes to prevent visual clutter
________________________________________
5. Price Scale Awareness (Linear vs Logarithmic)
• Trendlines and Fibonacci levels remain mathematically consistent with the chart scale
• Logarithmic calculations are applied only when price values are greater than zero
• Invalid logarithmic operations and edge-case errors are prevented
________________________________________
6. Alerts System
Trendline Breakout Alerts:
• High-to-High trendline breakout
• Low-to-Low trendline breakout
Zone Entry Alerts:
• Support Zone Entry
• Resistance Zone Entry
All alerts are clearly named, behaviorally consistent with UI descriptions, and designed to avoid repaint-based false signals.
________________________________________
Design Philosophy
This indicator was built with the following principles:
• No hidden logic — everything is transparent and testable
• No repaint masking — pivot behavior is honest and documented
• Clean chart experience — aggressive cleanup prevents clutter
• Professional terminology — suitable for advanced traders and analysts
This is not a signal generator. It is a high-quality market structure and confluence analysis tool.
________________________________________
Important Notes
• Pivot points are inherently non-instant and may adjust until fully confirmed
• Logarithmic mode requires positive price values
• This tool does not provide trade advice and supports discretionary decision-making
________________________________________
Best Use Cases
• Market structure analysis
• Trend continuation and breakout confirmation
• Support and Resistance mapping
• Fibonacci-based confluence zones
• Multi-timeframe technical analysis
________________________________________
Final Words
If you are looking for a clean, reliable, and mathematically sound pivot-based indicator that combines trendlines, Support and Resistance zones, and Fibonacci analysis into a single cohesive system, this script is designed for that purpose.

19小时前

版本注释

Pivot Points High/Low-Based | Trendlines – S/R – Fibonacci

This indicator is a professional-grade technical analysis tool built entirely on Pivot Points High/Low logic, designed to provide clear market structure, dynamic trendlines, Support & Resistance zones, and advanced Fibonacci analysis — all in one fully integrated system.

The script is engineered with a strong focus on UI–logic consistency, mathematical accuracy, repaint awareness, and real-world trading usability.

Core Features
1. Pivot Points High / Low Detection

Uses ta.pivothigh() and ta.pivotlow() with fully customizable left/right bar lengths

Pivot points are visually marked with clean, non-intrusive labels

Repaint behavior is transparent and documented: pivot points may update until right-side bars are fully confirmed

Pivot history is efficiently managed to avoid memory overflow

2. High-to-High & Low-to-Low Trendlines

Automatically draws trendlines based on confirmed pivot structures

Supports Linear and Logarithmic price scales

Live projection extends trendlines into the future with mathematically precise slope calculations

Trendline style (solid / dashed / dotted), color, and width are fully customizable

Optional breakout confirmation:

Confirmed on candle close (close-based crossover)

Or intrabar detection using high/low values

3. Pivot-Based Support & Resistance Zones

Dynamically creates Support and Resistance zones directly from pivot points

Zones are drawn using candle body logic for more realistic price interaction

Automatic zone extension and mitigation

Zones are removed only after a confirmed candle close beyond the zone

Clean visual design with adjustable colors and opacity

Built-in Zone Entry (Touch) Alerts:

Support Zone Entry

Resistance Zone Entry

Each zone triggers only once to prevent alert spam.

4. Advanced Fibonacci System

Two fully separated Fibonacci modes are included.

Classic Fibonacci (A → B)

Standard retracement and extension levels

Automatically adapts to bullish and bearish pivot sequences

A and B labels clearly mark the impulse structure

Extension Fibonacci (A → B → C)

Continuation-based Fibonacci projections

Automatically detects valid ABC structures

Draws retracement, extension, and overextension levels

Includes optional A, B, and C labeling

Fibonacci calculations support:

Linear or Logarithmic scaling

Precise ratio-to-color mapping

Optional price values and percentage change display

Automatic cleanup when switching modes to prevent visual clutter

5. Price Scale Awareness (Linear vs Logarithmic)

Trendlines and Fibonacci levels remain mathematically consistent with the chart scale

Logarithmic calculations are applied only when price values are greater than zero

Invalid logarithmic operations and edge-case errors are prevented

6. Alerts System

Trendline Breakout Alerts:

High-to-High trendline breakout

Low-to-Low trendline breakout

Zone Entry Alerts:

Support Zone Entry

Resistance Zone Entry

All alerts are clearly named, behaviorally consistent with UI descriptions, and designed to avoid repaint-based false signals.

Design Philosophy

This indicator was built with the following principles:

No hidden logic — everything is transparent and testable

No repaint masking — pivot behavior is honest and documented

Clean chart experience — aggressive cleanup prevents clutter

Professional terminology — suitable for advanced traders and analysts

This is not a signal generator. It is a high-quality market structure and confluence analysis tool.

Important Notes

Pivot points are inherently non-instant and may adjust until fully confirmed

Logarithmic mode requires positive price values

This tool does not provide trade advice and supports discretionary decision-making

Best Use Cases

Market structure analysis

Trend continuation and breakout confirmation

Support and Resistance mapping

Fibonacci-based confluence zones

Multi-timeframe technical analysis

Final Words

If you are looking for a clean, reliable, and mathematically sound pivot-based indicator that combines trendlines, Support and Resistance zones, and Fibonacci analysis into a single cohesive system, this script is designed for that purpose.