OPEN-SOURCE SCRIPT

AperonFx Pivot Points ATR

106
This indicator builds on classic pivot point methodology and enhances it with volatility-based ATR offsets to define adaptive support and resistance zones.
The pivot level is derived from the prior period’s price data, while the surrounding levels are calculated using the current day’s ATR to reflect prevailing market conditions.
Support and resistance are placed at incremental distances of 0.5, 1, 1.5 and 2 ATR away from the pivot, creating a structured price framework.
Users can adjust the pivot calculation method, reference timeframe, and visual presentation to suit their workflow.

Exención de responsabilidad

La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.