Lij_MC

Central Pivot Range 2x

Lij_MC Mis à jour   
Based on a modified Hancock Pivot Range.

Displays the Central Pivot Range for 2 customisable Timeframes Along with Targets which are based on Classic Pivot Point Extensions.
The Pivot Point Extensions are Extended to the right of the price chart which helps eliminate unnecessary clutter
TF1 Displays Right Extensions R3 to S3 + the pivot point
TF2 Displays only Right Extensions R2 to S2
I would have liked to have provided more Right Extensions plus Labels however that would have exceeded Tradingviews memory limits, having said that R3 to S3 for both timeframes can still be displayed as historical levels

Central Pivot Range High Low and Mid Levels + the Targets work great as Support and Resistance and help with analysing the trend
A Thick Central Pivot Range generally indicates consolidation whereas a Thin Central Pivot Range generally indicates a trending market

Notes de version:
Fixed a fault
Notes de version:
Connecting lines between Central Pivots have been made transparent
Notes de version:
Added Alerts for when price enters Pivot Range
Notes de version:
Added Alerts for when Price is within the Central Pivot Range and RSI 14 is Over Bought or Over Sold - This one is a cracker and may help establish a quick move out of the Central Pivot Range
Notes de version:
Fixed a fault with the Alert
Notes de version:
Optimised code
Script open-source

Dans le véritable esprit de 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 le règlement. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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