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Pivot Points Standard
Pivots Traditional with Alerts — Description
Pivots Traditional with Alerts is an indicator that calculates standard (Traditional) Pivot Point levels and provides alerts when price interacts with these levels.
What the indicator does
• Calculates the main Pivot level (P) and support/resistance levels (S1, S2, S3, R1, R2, R3) using the previous period’s High, Low, and Close (HLC).
• Updates automatically when a new pivot period begins (e.g., new day, week, or month depending on the selected Pivot Timeframe).
• Visually plots the pivot levels on the chart for easy reference.
Alerts
The indicator allows alerts for:
• Price touching a pivot level
• Price breaking above or below a pivot level
Alerts can be enabled individually for each level (P, S1–S3, R1–R3).
Inputs
• Pivot Timeframe — timeframe used for pivot calculations (Daily, Weekly, Monthly, etc.).
• Number of Pivots Back — how many previous pivot sets to display.
• Show Labels/Prices — toggle level labels and price values.
• Enable/disable specific pivot levels (P, S1–S3, R1–R3).
Calculation (Traditional formula)
P = (High + Low + Close) / 3
R1 = 2*P − Low
S1 = 2*P − High
R2 = P + (High − Low)
S2 = P − (High − Low)
R3 = High + 2*(P − Low)
S3 = Low − 2*(High − P)
Usage
Traditional pivots are commonly used to identify potential intraday or swing support/resistance areas, reversals, and price targets. Alerts allow you to monitor these levels without constantly watching the chart.
Pivots Traditional with Alerts is an indicator that calculates standard (Traditional) Pivot Point levels and provides alerts when price interacts with these levels.
What the indicator does
• Calculates the main Pivot level (P) and support/resistance levels (S1, S2, S3, R1, R2, R3) using the previous period’s High, Low, and Close (HLC).
• Updates automatically when a new pivot period begins (e.g., new day, week, or month depending on the selected Pivot Timeframe).
• Visually plots the pivot levels on the chart for easy reference.
Alerts
The indicator allows alerts for:
• Price touching a pivot level
• Price breaking above or below a pivot level
Alerts can be enabled individually for each level (P, S1–S3, R1–R3).
Inputs
• Pivot Timeframe — timeframe used for pivot calculations (Daily, Weekly, Monthly, etc.).
• Number of Pivots Back — how many previous pivot sets to display.
• Show Labels/Prices — toggle level labels and price values.
• Enable/disable specific pivot levels (P, S1–S3, R1–R3).
Calculation (Traditional formula)
P = (High + Low + Close) / 3
R1 = 2*P − Low
S1 = 2*P − High
R2 = P + (High − Low)
S2 = P − (High − Low)
R3 = High + 2*(P − Low)
S3 = Low − 2*(High − P)
Usage
Traditional pivots are commonly used to identify potential intraday or swing support/resistance areas, reversals, and price targets. Alerts allow you to monitor these levels without constantly watching the chart.
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡BaldB。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Alerts
The indicator allows alerts for:
• Price touching a pivot level
• Price breaking above or below a pivot level
Alerts can be enabled individually for each level (P, S1–S3, R1–R3).
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。
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡BaldB。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Alerts
The indicator allows alerts for:
• Price touching a pivot level
• Price breaking above or below a pivot level
Alerts can be enabled individually for each level (P, S1–S3, R1–R3).
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。