OPEN-SOURCE SCRIPT
[PX] Pivot Zones

Hello everyone,
I was having some fun with the new gradient function, arrays and pivots. Decided that i would publish my little playground :)
This script basically draws lines or zones for detected pivot high and lows and counts the number of candles those levels have been untested.
Tested levels will stop at the candle, which breaks them.
How does it work?
- Define the number of candles that make up the pivot point with the "Pivot Left" and "Pivot Right" parameter (I took more extreme values to showcase the indicator).
- Select your "Layout Type": This can be either a line at the pivot point, a zone between the pivot point and its body or the average of the two.
- You can in-/decrease the number of lines with the "Number of Lines/Zones" parameter.
The older a line becomes the more it will lose of its original transparency.
Hope that might be useful to some of you :)
Please click the "Like"-button and follow me for future open-source script publications.
If you are looking for help with your custom PineScript development, don't hesitate to contact me directly here on Tradingview or through the link in my signature :)
I was having some fun with the new gradient function, arrays and pivots. Decided that i would publish my little playground :)
This script basically draws lines or zones for detected pivot high and lows and counts the number of candles those levels have been untested.
Tested levels will stop at the candle, which breaks them.
How does it work?
- Define the number of candles that make up the pivot point with the "Pivot Left" and "Pivot Right" parameter (I took more extreme values to showcase the indicator).
- Select your "Layout Type": This can be either a line at the pivot point, a zone between the pivot point and its body or the average of the two.
- You can in-/decrease the number of lines with the "Number of Lines/Zones" parameter.
The older a line becomes the more it will lose of its original transparency.
Hope that might be useful to some of you :)
Please click the "Like"-button and follow me for future open-source script publications.
If you are looking for help with your custom PineScript development, don't hesitate to contact me directly here on Tradingview or through the link in my signature :)
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
🙋♂️Listed as "Trusted Pine Programmer for Hire"
💰Save $30 on your Tradingview subscription: bit.ly/3OtLyNz
🔓Indicator access: dize-trading.de/
🔒Trial access: discord.gg/DqwKjBZ8Qe
💰Save $30 on your Tradingview subscription: bit.ly/3OtLyNz
🔓Indicator access: dize-trading.de/
🔒Trial access: discord.gg/DqwKjBZ8Qe
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
🙋♂️Listed as "Trusted Pine Programmer for Hire"
💰Save $30 on your Tradingview subscription: bit.ly/3OtLyNz
🔓Indicator access: dize-trading.de/
🔒Trial access: discord.gg/DqwKjBZ8Qe
💰Save $30 on your Tradingview subscription: bit.ly/3OtLyNz
🔓Indicator access: dize-trading.de/
🔒Trial access: discord.gg/DqwKjBZ8Qe
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。