OPEN-SOURCE SCRIPT
Pivot Average
This is an interesting application of Tradingview's basic Pivot HL indicator.
Pivot Average Indicator takes N number of the most recent Pivot Points (for both High and Low) and computes the average of the pivot points. The average price is then plotted on the chart.
The number of pivot points to average is a user defined variable that can be adjusted in the settings.
One can develop his/her own strategy by using this. One way to use this indicator is to buy when the price breaks above the average of High Pivot points and to sell when the price breaks below the average of Low Pivot points.
Pivot Average Indicator takes N number of the most recent Pivot Points (for both High and Low) and computes the average of the pivot points. The average price is then plotted on the chart.
The number of pivot points to average is a user defined variable that can be adjusted in the settings.
One can develop his/her own strategy by using this. One way to use this indicator is to buy when the price breaks above the average of High Pivot points and to sell when the price breaks below the average of Low Pivot points.
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。