OPEN-SOURCE SCRIPT

Pivot Points)

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Pivot Point Display:

Calculate and draw the Pivot Point line (center point).

Calculate and display Support and Resistance levels.

Types of Pivot Calculation Methods:

Classic (default)

Ability to select other methods such as Fibonacci, Camarilla, Woodie's (but not yet implemented in the code).

Support and Resistance Lines:

Four resistance levels (R1, R2, R3, R4) in red.

Four support levels (S1, S2, S3, S4) in bright green.

Ability to adjust line thickness:

The user can change the thickness of the lines.

Value Labeling:

Display a numerical value for Pivot, resistance and support next to each level.

Automatic Update:

Delete previous lines and labels and draw new lines on the last candle.

Works on all timeframes:

This indicator works on different timeframes such as 1 minute, 5 minutes, 1 hour, 4 hours, daily, weekly and monthly.

Clause de non-responsabilité

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