OPEN-SOURCE SCRIPT
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).
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).
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
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