Pivot points simply took the high, low, and closing price from the previous period and divided by 3 to find the pivot. From this pivot, traders would then base their calculations for three support, and three resistance levels. The calculation for the most basic flavor of pivot points, known as ‘floor-trader pivots’, along with their support and resistance levels.
WARNING: - For purpose educate only - This script to change bars colors.
@yashwanthbs55, I think you lost correct format options=["S1", "S2", "S3"]
yashwanthbs55
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@HPotter, sorry i dint get you , what is options= ?
HPotter
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@yashwanthbs55, Check this line
BuyFrom = input(title="Buy from ", defval="S1", options=["S1", "S2", "S3"])
and other
Kotha_Rao
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Hi,
It's doing wonders on one of the most volatile index in India (BankNifty). No other indicator was able to tame this scrip. I tested on 15min. what time frame do you recommend?
varunmalhotra21
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works well but i dont understand the logic
HPotter
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@varunmalhotra21, Important that working. Other is philosophy )))
please help