Market pivots take previous high, low, close to calculate pivot range.
* within yellow pivot range, expecting choppy. not a good location to entry a trade * above yellow pivot range, expecting bullish. * below yellow pivot range, expecting bearish.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. 您可以收藏它以在圖表上使用。