Multi-timeframe Pivot Point

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

開源腳本

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

sugiking

免責聲明

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

開源腳本

sugiking