OPEN-SOURCE SCRIPT
Bias Pivot Point
A simple indicator that uses Pivot Points as a filter and to generate a Directional Bias.
How to use this indicator?
1. Directional Bias
2. Support / Resistance
Each Pivot Points can be used as Support or Resistance
3. Take Profit Targets
Each Pivot Points can be used as targets for taking profit
How to use this indicator?
1. Directional Bias
- Bullish => Closing Price > Pivot Point
- Bearish => Closing Price < Pivot Point
2. Support / Resistance
Each Pivot Points can be used as Support or Resistance
3. Take Profit Targets
Each Pivot Points can be used as targets for taking profit
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