RyuPivot🔰 Pivot Points Standard Traditional Pivot Levels
📌Shows the same pivot levels from the Pivot Points Standard (Pivots) indicator on the Traditional settings. But with 3 indicators in one, can show the daily, weekly, and monthly levels all in one indicator. This indicator only shows the current pivot level and not the previous ones and will auto adjust update to the newest one. The current pivot line levels are shown across the chart.
📌Features
🔹P-D = Pivot Daily Timeframe
🔹P-W = Pivot Weekly Timeframe
🔹P-M = Pivot Monthly Timeframe
🔹S1, S2, S3, S4, S5 Pivot Supports with each timeframe D/W/M
🔹R1, R2, R3, R4, R5 Pivot Resistances with each timeframe D/W/M
🔹Can show/hide any timeframe Daily, Weekly, Monthly, or all
🔹Option to show/hide the 4th and 5th support/resistance levels
🔹Can adjust the line width for each timeframe
🔹Can show/hide pivot text labels
🔹Can adjust pivot text labels position offset
📌Default set Daily Pivots off, can use for trading lower timeframes for scalps. Shows Monthly and Weekly pivots with Pivot support/resistance levels 4 and 5 default on, optionally can hide. Default line width set with Monthly largest at 3, Weekly at 2, and Daily smallest at 1; can adjust to preference and can change color in the style tab. Note, for the Daily Pivots levels for S4, S5, R4, and R5 text labels are not shown since ran out of room to add more, but the line levels are still shown.
Pivotresistance
Pivot Points, by @juanmirocks# Advantages over TV's indicator "Pivot Points Standard"
1. Show pivot lines for all history, which lets you gauge trading strategies throughout time
2. More sensible Default/Auto time frame; e.g. on intradays only and always the market values of yesterday's Day are used
3. The halves between the key levels are also shown, which it's useful for some trading strategies
4. Arguably out-of-the-box nicer interface
Pivot Points as an indicator is a traditional strategy to draw resistance and support levels. It's best suited for intraday trading: the pivot points and resulting key levels are calculated from yesterday's market values (H, L, C). More details in the script's source.
Pivot Points trading is suitable for any market, and best for intraday (e.g. 3 min).
Combined MTF Camarilla Pivots (HA + Candles)This is a fairly basic (but hopefully useful) indicator that combines three time-frames of Camarilla pivots into one.
Default time-frames are:
Weekly
Monthly
Yearly
Time-frames can be modified as you wish, they are just set to these as I generally only trade higher intervals (just note that formatting labels will not change - but you can update these as needed).
The Camarilla pivots displayed are as follows:
R3, R4, R5, R6
Pivot line (Middle/Base)
S3, S4, S5, S6
R1/S1 & R2/S2 are excluded to make way for R5/S5 & R6/S6 - as these are more useful for the majority of traders. The formula for levels 5/6 are always up for debate, as no official formula has ever been released. I've used what I consider a mid, or consensus calculation.
By default all historical pivot levels are displayed, as there can be some benefit to mapping these forward once the relevant period has ended. If people find it's too cluttered I'll look into having an option to display the current period only.
Unfortunately, TradingView doesn't allow labels on plots (seems like such a basic feature to be missing, but there you go), so you'll have to learn the colours/linewidths.
Oh, and there's a checkbox to enable pivots to be calculated on Heiken-Ashi prices/candles rather than default prices/candles. This heavily modifies the location of the Camarilla Pivots, but I've found that in certain situations you can get some great results.
Let me know your thoughts/comments/suggestions.
Cheers
DD
Pivot Point + MidPointsTraditional floor pivots with additional lines in between the s/r levels called Mid Points
If the Pivot Points are used as entering at s/r levels, you can use the Mid Points to scale out of a position or place Sl's behind
All PivotsYou can see all yearly, monthly, weekly and daily with this indicator automatically that they're usable for supports and resistances
Support/Resistance PivotsSupport/Resistance bars based on previous pivot points (no repainting) with added filters.
Looking at potential improvements. Updates to come.
Pivot Reversal Strategy with backtest date rangeThis is standard Pivot Reversal Strategy with backtest date range added.
In parameters you can select from/to date for backtesting range.
Pivot Zones Trading RangesJust testing an advanced Pivot Zones display method with 12 different time frame options. Invite only.
Auto DayWeekMonth Fib Levels R2 by JustUncleLThis indicator automatically draws up to Three Sets of Fibonacci Pivot levels based on the previous Candle period's Range (High-Low). The HLC3 is used as the default Pivotal level. Only the most Recent period Candle Levels are displayed. The longer Weekly and Monthly sets are particularly useful in finding long term Supply and Demand levels.
The three sets of selectable periods are spit into the following sets:
Daily Set (1,2,3,4,5,7,10 or 14 Days)
Weekly Set (1,2,3,4,5,10, or 13 Weeks)
Monthly Set (1,2,3,4,5,6,9 or 12 months)
Each set has the option to display Extension levels.
The Pivotal Level HLC3 and Range = (High - Low), are extracted from previous Period Candle.
FIB LEVELS Colours (same in each period set):
Yellow = Pivot and Pivot Zone (HLC3 by default)
Fuchsia = R1,S1 Levels 0.368 * Range
Lime = R2,S2 Levels 0.618 * Range
Red = R3,S3 Levels 0.786 * Range
Aqua = R4,S4 Levels 1.000 * Range
Green = R5,S5 Levels 1.236 * Range
Orange = R6,S6 Levels 1.382 * Range
Black = R7,S7 Levels 1.618 * Range
Maroon = R8,S8 Levels 2.000 * Range
Pivot Zones - Support and Resistance AreasAdaptive Pivot Zones (with 4 each support and resistance areas and a main pivot zone).
Coding and Copyright by Spreadburn / Daily Alpha.
