A slimmed down/cleaner version of the "Pivot Points Standard" indicator. This is for Camarilla pivots only. The S and R pivots are renamed to L/H and the colors of pivot 1 and 2 are faded out by default since those pivots are less used in the Camarilla trading system. They can also be disabled of course.
Notes de version:
Added extra H6/L6 pivots for strong trend moves/breakouts.
Notes de version:
Added optional setting for showing CPR (Central Pivot Range) and added line style customization.
Notes de version:
Added a separate setting for displaying "number of CPR back" so that you can display previous CPRs without displaying previous pivots.
Useful for checking two-day relationships between CPRs which can give you a directional bias as discussed in Franklin Ochoa's book "Secrets of a pivot boss".
For example if the CPR of the current day is higher than yesterday's CPR and price opened above today's CPR that will generally give you a bullish bias for the day (and same for weekly, monthly pivots etc).
There are 7 different types of two-day pivot relationships, I recommend you to read the book or do some research online to learn more.
Useful for checking two-day relationships between CPRs which can give you a directional bias as discussed in Franklin Ochoa's book "Secrets of a pivot boss".
For example if the CPR of the current day is higher than yesterday's CPR and price opened above today's CPR that will generally give you a bullish bias for the day (and same for weekly, monthly pivots etc).
There are 7 different types of two-day pivot relationships, I recommend you to read the book or do some research online to learn more.
Notes de version:
Added an option for showing next period's pivots and CPR based on current data (it will change as price moves during the day)
Notes de version:
Added alert support and new options to enable or disable alert for different pivots
Notes de version:
Added new optional setting for showing middle lines in between pivots