OPEN-SOURCE SCRIPT
Combined MTF Camarilla Pivots (HA + Candles)

This is a fairly basic (but hopefully useful) indicator that combines three time-frames of Camarilla pivots into one.
Default time-frames are:
Time-frames can be modified as you wish, they are just set to these as I generally only trade higher intervals (just note that formatting labels will not change - but you can update these as needed).
The Camarilla pivots displayed are as follows:
R1/S1 & R2/S2 are excluded to make way for R5/S5 & R6/S6 - as these are more useful for the majority of traders. The formula for levels 5/6 are always up for debate, as no official formula has ever been released. I've used what I consider a mid, or consensus calculation.
By default all historical pivot levels are displayed, as there can be some benefit to mapping these forward once the relevant period has ended. If people find it's too cluttered I'll look into having an option to display the current period only.
Unfortunately, TradingView doesn't allow labels on plots (seems like such a basic feature to be missing, but there you go), so you'll have to learn the colours/linewidths.
Oh, and there's a checkbox to enable pivots to be calculated on Heiken-Ashi prices/candles rather than default prices/candles. This heavily modifies the location of the Camarilla Pivots, but I've found that in certain situations you can get some great results.
Let me know your thoughts/comments/suggestions.
Cheers
DD
Default time-frames are:
- Weekly
- Monthly
- Yearly
Time-frames can be modified as you wish, they are just set to these as I generally only trade higher intervals (just note that formatting labels will not change - but you can update these as needed).
The Camarilla pivots displayed are as follows:
- R3, R4, R5, R6
- Pivot line (Middle/Base)
- S3, S4, S5, S6
R1/S1 & R2/S2 are excluded to make way for R5/S5 & R6/S6 - as these are more useful for the majority of traders. The formula for levels 5/6 are always up for debate, as no official formula has ever been released. I've used what I consider a mid, or consensus calculation.
By default all historical pivot levels are displayed, as there can be some benefit to mapping these forward once the relevant period has ended. If people find it's too cluttered I'll look into having an option to display the current period only.
Unfortunately, TradingView doesn't allow labels on plots (seems like such a basic feature to be missing, but there you go), so you'll have to learn the colours/linewidths.
Oh, and there's a checkbox to enable pivots to be calculated on Heiken-Ashi prices/candles rather than default prices/candles. This heavily modifies the location of the Camarilla Pivots, but I've found that in certain situations you can get some great results.
Let me know your thoughts/comments/suggestions.
Cheers
DD
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。