INVITE-ONLY SCRIPT
RKY MAGIC Levels (Daily Fixed)
This Pine Script indicator generates one fixed Buy Pivot Point and one fixed Sell Pivot Point every day, exclusively for intraday trading. These pivot points remain unchanged throughout the session and act as key decision zones for traders.
Traders can set their Stop Loss and Targets based on their individual risk capacity, and once the trade moves into profit, they can trail the Stop Loss to protect gains.
A powerful feature of this indicator is its built-in trend continuation logic:
👉 If the Buy Pivot Point or Sell Pivot Point is broken and the price sustains above or below that level for 30 minutes, it signals a high-probability trend continuation.
This makes the indicator highly effective for identifying breakout strength and avoiding false signals. It is suitable for all types of intraday trading styles—scalping, momentum, and trend-following.
Traders can set their Stop Loss and Targets based on their individual risk capacity, and once the trade moves into profit, they can trail the Stop Loss to protect gains.
A powerful feature of this indicator is its built-in trend continuation logic:
👉 If the Buy Pivot Point or Sell Pivot Point is broken and the price sustains above or below that level for 30 minutes, it signals a high-probability trend continuation.
This makes the indicator highly effective for identifying breakout strength and avoiding false signals. It is suitable for all types of intraday trading styles—scalping, momentum, and trend-following.
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