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Multi-timeframe Pivot Point

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This indicator is a lightweight indicator designed to display higher timeframe pivot levels on your chart.
It helps traders quickly identify key support and resistance zones derived from higher timeframes (such as daily or weekly pivots) while analyzing lower timeframes (e.g., 15m or 1h charts).

Calculation Logic

This indicator uses the classic pivot point formula, calculated from high, low, and close values:

Pine Script®
PP = (High + Low + Close) / 3 R1 = 2 * PP - Low S1 = 2 * PP - High R2 = PP + (High - Low) S2 = PP - (High - Low) R3 = R1 + (High - Low) S3 = S1 - (High - Low)


Additionally, it includes breakout levels:

Pine Script®
HBOP = PP + PP + (High - Low) - Low LBOP = PP + PP - (High - Low) - High


發行說明
fix bug
發行說明
fix rendering bug
發行說明
add plot labels
發行說明
duplicated plots are removed.
發行說明
clean code

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