This is my code for something Trading View already gives us -- Pivot Points.
It's not really an indicator in itself, although when weekly highs or lows are broken it seems to be a big deal. I wrote this so I'd have something to play with.
Here’s one way to access previous values:
valuewhen(change(high_series) != 0, high_series, 1)
Updated version of previous Momentum Strength Entry Exit Pivot Study:
// @TheGeeBee - Credit where used
// Use 1,2,3,5 minute timeframes
// EMA Cross line and offset allows user to alter the sell characteristics where the candle low is above the EMA line and indicates a possible pre-pivot reversal
// Adjust Min and Max...
VixFix Enhanced by PeterO - Inverse Vix_Fix added, so now this is a dual-sided script (original VixFix shows only lows)
Note from the author: I wouldn't advise betting your strategies entirely on VixFix concept.
Original VixFix created by ChrisMoody on 12-26-2014...V3 MAJOR Update on 1-05-2014
Support Resistance points that are calculated based on the standard deviation of the traditional pivot point(previous session's high, low and close). More often stocks tend to oscillate between 3 levels of deviation forming day's high or low. A breakout of the 3rd SR level with volume indicates a strong trend day.
Indicator currently allows pivots from two time frames (ideally a trading time frame and a higher time frame) to be specified.
In the example, the 1H time frame is being used for entries using the 4H time frame (8 candles pivot width = 2 4H candles) as the trading time frame and the daily chart (48 candles pivot width = 2 daily candles) as the higher time...
Donchian Channels mean reversion signals/alerts with RSI filtering with signals applied to the mean, for strong trend situations.
Original Author: ChrisMoody
Modified Donchonian Channel with separate adjustments for upper and lower levels
Purpose is if you expect big move up, Use lower input example 3 or 4, and longer lower input, 40 - 100 and use lower input...
This script allows you to plot Weekly, Monthly and Yearly Fibonacci Pivot Points. I used templates from others I found on TradingView, special thanks given in the Script. I prefer Longer time frames, especially yearly Pivots, to predict reversals and places to trim risk, so this was tailored to my needs. Hope this helps!
# 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...
This indicator draws Standard Pivot Levels on all products on all timeframes.
The P Pivot is included, and it goes as far as R3 and S3, as pivots 4 and 5 are rarely reached in the market.
This indicator differs from the "Standard Pivot" published by TradingView as this can be used to set-up an Alert: just add a new alert, pick "crossing" and in value pick "Pivot...
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