OPEN-SOURCE SCRIPT

CM_Pivot Points_M-W-D-4H-1H_Filtered

Famous Filtered Pivots Indicator -Many TimeFrames Available

CM_Pivot Points_M-W-D-4H-1H_Filtered

***Special Thanks to TheLark...AKA...The Coding Genius For Providing His Expertise...

***New Feature - Ability to turn On/Off Pivot Moving Average
***New Feature - Ability to turn On/Off Filtered Pivots (Explained Below)

Available Timeframes (Change In Inputs Tab):
1 Hour
4 Hour
Daily
Weekly
Monthly
Yearly

***All Features Available in Inputs Tab

-Ability to Plot just 1, or all Pivot Timeframes
-Defaults to Monthly Pivots
-Ability to turn On/Off Pivot Moving Average
-Ability to turn On/Off Filtered Pivots
-Ability to Plot S3 and R3 on 1 Hour and 4 Hour Pivots

***FILTERED PIVOTS!!!

-THIS IS A WAY TO FIND THE HIGHEST PROBABILITY MOVES
-IF CURRENT PIVOT IS GREATER THAN PREVIOUS PIVOT (INCLUDING MARKET THRESHOLD CALCULATION) THEN PIVOT, S1, & R2 PLOT
-IF CURRENT PIVOT IS LESS THAN PREVIOUS PIVOT (INCLUDING MARKET THRESHOLD CALCULATION) THEN PIVOT, S2, & R1 PLOT
-***THIS IS A WAY TO FILTER OUT PIVOTS AND ONLY PLOT THE LEVELS THAT ARE EXPECTED TO BE MAJOR SUPPORT AND RESISTANCE

***VIDEO COMING SOON WHERE i WILL GO OVER IN DETAIL THE THOUGHT PROCESS AND METHODOLOGY
chrismoodyfilteredpivotPivot PointssupportSupport and Resistance

Script de código abierto

Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.

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