INVITE-ONLY SCRIPT
Mis à jour

Probability Pivot Points

1 107
Probability Pivot Points integrates a customizable Pivot Points indicator with conditional probabilities calculated from historical occurrences.

Features
Six different discretionarily Pivot Point Bias strategies utilizing Midpoint Pivot Points in bullish and bearish variants: Standard, Range, Continuation, Counter Trend, Expansion, and Extension.
snapshot
snapshot

Next Period's Pivot Points given the current period's OHLC data. Includes settings to use theoretical OHLC values to see what the next period's Pivot Points could look like.
snapshot
snapshot

Supports Traditional, Floor, Fibonacci, and Average True Range Pivot Point calculations.
snapshot

Includes settings to customize the Fibonacci ratios and Average True Range calculations.
snapshot

Automatically maximize or manually set the number of historical Pivot Points to draw.
snapshot

Probability visualizations for the Pivot Points based on historical occurrences for the current and upcoming trading periods. The Probability Weighted Pivot (PWP) Point uses the probabilities calculated as weights against every displayed Pivot Point to show a mean of the data.
snapshot

Load seasonal or non-seasonal historical data to calculate the odds of a High, Low, or Close occurring between any two Pivot Points.
snapshot

Settings to manually set the weekly, monthly, and quarterly seasonal data loaded into the Pivot Probabilities feature. Automatic detection and loading of the current seasonal period's data is the default behavior. Includes a table that displays the data that's loaded.
snapshot

Get probabilities for the currently selected Pivot Point Bias strategy.
snapshot

Check the odds of High, Low, or Close occurrences at the strategy's marked Entry, Exit, or Stop Loss Pivot Points.
snapshot

Seasonal Filters let you select specific years to sample probabilities from.
snapshot

Customize pivot colors, width, label size, label color, Bias Entry and Exit Zone colors, Pivot Probability colors, and pick between the Point Five and M Legacy Midpoint label styles.
snapshot

Auto Timeframe changes the Pivot Points higher timeframe based on the chart timeframe in use. Includes settings to customize what chart timeframes will display specific Pivot Point higher timeframes.
snapshot

Q: Is this an update to your older Pivot Probabilities indicator?
Pivot Probabilities was designed to require a separately applied Pivot Points indicator to be interpreted and used properly. Probability Pivot Points is designed with an included set of Pivot Pivots that can interact with the probability calculations, which helps make improvements to new calculations and visualizations that Pivot Probabilities was never originally designed to do. Features from Pivot Probabilities are being completely redesigned, reimplemented, and expanded upon as a component in this larger Probability Pivot Points indicator. Anyone with access to the old Pivot Probabilities will also get access to Probability Pivot Points and are considered part of the same package.
Notes de version
Version 1.1.0
This update adds a Strategy Dashboard, a Custom Pivot Bias option, and quarterly Pivot Probabilities.

Here is a breakdown of everything in the new Strategy Dashboard to help summarize descriptive statistics for each Pivot Bias strategy.
snapshot

Includes new style settings to customize the color, font, location, and size of the dashboard. You can toggle what strategies and summary statistics to display here as well.
snapshot

Under the Pivot Bias dropdown setting, you can now select "Custom" and create your own Pivot Bias. Select specific Pivot Points to display and set your own entry and exit locations.
snapshot

Quarterly probabilities are now available. Switch to a weekly timeframe to automatically pull up a quarterly timeframe, or manually set the indicator to use a 3M timeframe.
snapshot
Notes de version
Update for the indicator's chart preview!
Notes de version
Version 1.1.1
  • 🆕 New Custom Bias Entry and Exit Zone inputs let you select the upper and lower pivots of the zone independently.
  • 🔄 Moved the Probabilities Data Source input closer to the top of the Inputs tab.
Notes de version
Version 1.2.0
  • 🆕 Add Camarilla Pivot Point calculations.
  • 🆕 Add Woodie Pivot Point calculations.
Notes de version
Version 1.2.1
  • 🐛 Fix an error that prevented the indicator from being applied to new chart layouts.
Notes de version
Version 2.0.0
Update indicator to Pine Script™ V6 🎉 All Probability Pivot Point versions that use Pine Script™ V6 now start with 2.X.X.

Probability Pivot Points now includes alert options for individual Pivot Point levels, including the Probability Weighted Pivot.

Alternatively, create multiple alerts using a Pivot Point Bias strategy with the Any alert() function call condition. Which will create alerts for crossing into entry zones and exit zones exit zone, hitting the bias strategy's stop loss, and an optional alert for the Probability Weighted Pivot in the Pivot Probability settings.
snapshot

Upgraded and simplified the Auto Timeframe settings. Same functionality with one less input and new fallbacks when set incorrectly.
snapshot

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.