QuantNomad - Significant Pivot Reversal Strategy

I'm working on improving the Pivot Points Reversal Strategy.
As one of the ways to filter out insignificant levels I decided to check that pivot point is not above/below neighbors, but check that it's above/below at least by a certain amount.
I use ATR, so in params, you can set length of ATR and also ATR multiplier. The new level will be calculated only if PP will be above/below neighbors by atr * atr_mult.
It seems this approach might help in some cases.

Here I have PivotPoint + RSI strategy:

Supprimer des scripts favoris Ajouter aux scripts favoris
PineScript Programming: https://qntly.com/pinepro
TradingView Essential: https://qntly.com/tve

Access to Pro Indic.: https://qntly.com/proind

YouTube: https://qntly.com/youtube
Discord: https://qntly.com/discord
Telegram: https://qntly.com/tel


Published alerts for this strategy:
lanjunyi QuantNomad
@QuantNomad, tks very much for you good work. i want to know the detail meaning of " leftBars = input(4, title = 'PP Left Bars')
rightBars = input(2, title = 'PP Right Bars')", what is the meaning of leftbars and rightbars, can you show me the script. tks so much.
+1 Répondre
QuantNomad lanjunyi
@lanjunyi, for Pivot high for example it indicates how many bars from the left and from the right should have lower highs then current candle's high. If that is true this bar will be marked as pivot high.
lanjunyi QuantNomad
@QuantNomad, tks very much, i know your said. tks
will it work in 1 minute interval for bank nifty
QuantNomad scsubudhi
@scsubudhi, Hey dude, code is open you can check that yourself.
+1 Répondre
scsubudhi QuantNomad
@QuantNomad, thanks sir
can i apply it
Hi, is there any chance to add alerts to this strategy?
Appreciate your help.
QuantNomad santro_trade
@santro_trade, Hi, will publish alerts for this strategy in few days
Accueil Screener d'actions Screener Forex Screener Crypto Calendrier économique Comment ça marche Caractéristiques du graphique Prix Parrainer un ami Règles de conduite Centre d'aide Solutions site web & courtier Widgets Solutions de cartographie Bibliothèque de graphiques allégés Blog & News Twitter
Profil Paramètres du Profil Compte et Facturation Amis référés Coins Mes tickets au support Centre d'aide Idées Publiées Followers Suivi(e) Messages privés Chat Se Déconnecter