INVITE-ONLY SCRIPT
Floor Trader Pivots - Accurately PREDICT Where Price Is Going!
Actualizado
To be a successful trader, you need to have a picture of where price is going. Where will this market find support before reversing? How far up are the bulls going to take the price? If you knew the answer to questions like those, you could make a lot of money, right?
What if I told you that the market makers on the floor of the New York Stock Exchange had actually pre-determined those levels before the trading day even began? Well, they do. They're called "Floor Trader Pivots." Considering that they are the ones who really make price move (your $500 buy isn't going to change the value of a stock, their $50,000,000 buy will), wouldn't you like to know where those levels are, too?
"Floor Trader Pivots" will show you the way.
Check out this example of Altaba Inc. for the entire week of June 11-15 of 2018. The green lines represent resistance levels, yellow represents the pivot levels (the central area off of which the other levels are based around), and red represents support levels. Aqua is the prior day's close. Daily levels are solid lines. Weekly levels (which have much more power) are circles.
Note the far right of the chart where you can see the next week's pivot levels already plotted. That's right, this script does not repaint. Levels are locked in before the next trading day/week/month even opens!!!
What about the Forex markets? What about higher time-frames?! Here's an example from the 4 hour chart of the AUD/USD. In this timeframe, weekly levels are solid lines and monthly levels are circles.
What about Cryptocurrencies? They aren't traded on the New York Stock Exchange. Well, guess what ... ?
Now to the details.
This indicator will plot the current session's Floor Trader Pivot levels, using either the standard formula or the Fibonacci formula, calculated out to the 3rd Support and Resistance levels for any Stock, Forex, or Cryptocurrency pair. For daily calculations, you also get the mid-support/resistance levels (halfway between each level and the next).
For stocks, the indicator is setup to sync with the NASDAQ and NYSE. If you are trading stocks in a different market, you will need to enter in the requested time fields in the settings box to get all of the line breaks between days to display correctly.
Forex markets display correctly on the FXCM charts. The higher timeframes (4 hour and daily) work on the ICE and OANDA charts, but the shorter intraday timeframes won't look right.
To use the indicator in Crypto markets, simply put a check next to "Crypto?" in the indicator's format box.
Regardless of which market you trade, "Floor Trader Pivots" is setup to display on 1, 2, 5, 15, 30, and 60 minute, 4 hour, and daily charts.
By default, the indicator will use the standard Pivot Point calculations for stock markets and the Fibonacci calculation for Forex and Cryptocurrency markets. If you want to have manual control over which calculation is used, uncheck "Auto-Switch to Fibs in FX/Crypto?" in the format box. This will make the indicator use the standard calculation for all markets. To then manually switch to the Fibonacci calculation, check the box next to "Fibonacci Pivots."
Note: On the 1 and 2 minute charts, the line breaks don't always display correctly if the market you are looking at did not have trades executed for every period of the trading session. In these instances, the values will still be correct, they just won't have the clean breaks between days that you will see on the higher timeframes.
Price for access is either $10 sent via PayPal to josh@warrenmusiccopying.com (message me your username and PayPal ID used to send funds) or 0.0015 Bitcoin sent to 3DuBYrP8uZswN6voCfzQMZGEGP1aH8kquB (message me your username and txid of payment).
What if I told you that the market makers on the floor of the New York Stock Exchange had actually pre-determined those levels before the trading day even began? Well, they do. They're called "Floor Trader Pivots." Considering that they are the ones who really make price move (your $500 buy isn't going to change the value of a stock, their $50,000,000 buy will), wouldn't you like to know where those levels are, too?
"Floor Trader Pivots" will show you the way.
Check out this example of Altaba Inc. for the entire week of June 11-15 of 2018. The green lines represent resistance levels, yellow represents the pivot levels (the central area off of which the other levels are based around), and red represents support levels. Aqua is the prior day's close. Daily levels are solid lines. Weekly levels (which have much more power) are circles.
Note the far right of the chart where you can see the next week's pivot levels already plotted. That's right, this script does not repaint. Levels are locked in before the next trading day/week/month even opens!!!
What about the Forex markets? What about higher time-frames?! Here's an example from the 4 hour chart of the AUD/USD. In this timeframe, weekly levels are solid lines and monthly levels are circles.
What about Cryptocurrencies? They aren't traded on the New York Stock Exchange. Well, guess what ... ?
Now to the details.
This indicator will plot the current session's Floor Trader Pivot levels, using either the standard formula or the Fibonacci formula, calculated out to the 3rd Support and Resistance levels for any Stock, Forex, or Cryptocurrency pair. For daily calculations, you also get the mid-support/resistance levels (halfway between each level and the next).
For stocks, the indicator is setup to sync with the NASDAQ and NYSE. If you are trading stocks in a different market, you will need to enter in the requested time fields in the settings box to get all of the line breaks between days to display correctly.
Forex markets display correctly on the FXCM charts. The higher timeframes (4 hour and daily) work on the ICE and OANDA charts, but the shorter intraday timeframes won't look right.
To use the indicator in Crypto markets, simply put a check next to "Crypto?" in the indicator's format box.
Regardless of which market you trade, "Floor Trader Pivots" is setup to display on 1, 2, 5, 15, 30, and 60 minute, 4 hour, and daily charts.
By default, the indicator will use the standard Pivot Point calculations for stock markets and the Fibonacci calculation for Forex and Cryptocurrency markets. If you want to have manual control over which calculation is used, uncheck "Auto-Switch to Fibs in FX/Crypto?" in the format box. This will make the indicator use the standard calculation for all markets. To then manually switch to the Fibonacci calculation, check the box next to "Fibonacci Pivots."
Note: On the 1 and 2 minute charts, the line breaks don't always display correctly if the market you are looking at did not have trades executed for every period of the trading session. In these instances, the values will still be correct, they just won't have the clean breaks between days that you will see on the higher timeframes.
Price for access is either $10 sent via PayPal to josh@warrenmusiccopying.com (message me your username and PayPal ID used to send funds) or 0.0015 Bitcoin sent to 3DuBYrP8uZswN6voCfzQMZGEGP1aH8kquB (message me your username and txid of payment).
Notas de prensa
You can now add or remove the mid-levels between the main pivot levels and you can adjust the colors of the levels (It will take some work as there are a ton of them, but you can do it).Notas de prensa
Added a one click ability to add or remove the higher time frame pivots in the options screen.Notas de prensa
Fixed the issue with the Daily view so that the lines break correctly and it doesn't look like garbage.Notas de prensa
Fixed issue with Daily and 4h lines not starting moving to new levels at the right times. As is, those timeframes will not display the weekly levels until the week has actually started. However, you will still be able to see them in the 1h, 15m, 5m, 2m, and 1m timeframes before the market opens for the week.Notas de prensa
IMPORTANT CHANGE: I lost access to the BTC address I listed above. From here on, those wanting to gain access to this script who are paying with Bitcoin should send 0.0015 BTC to 1PEbyc82a78TnkWsbmPUfQJqmKzACy6pwS.Notas de prensa
Fixed an issue where the next session's levels weren't displaying in the 1 hour time frame before the market opened.Notas de prensa
Major update: This indicator can now do Camarilla Pivots! Important notes for that setting:1.) The Camarilla setting only calculates for intraday timeframes. So, the 1m, 5m, 15m, and 1h charts. For higher timeframe pivots, you will have to use the Standard of Fibonacci settings
2.) You will not see higher timeframe pivots when you switch to Camarilla pivots (they will still appear for the Standard and Fibonacci settings)
3.) Because of limitations in the number of outputs a single indicator can have, I had to get a little creative with the coding. That resulted in the R4 and S4 Camarilla levels to be displayed with dots instead of lines.
Notas de prensa
Fixed some bugs from the Camarilla update.Notas de prensa
Added the ability to view weekly Camarilla pivots.Notas de prensa
Updated weekly Camarilla settings to display properly on the 4h timeframe.Notas de prensa
Realized that I had set the indicator to default to Weekly Camarilla pivots. Changed that to default to the standard pivot points calculation.Notas de prensa
Added a bunch of built-in alerts. You can set the indicator to alert you when price rises or falls to a particular support/resistance level. You can also set an alert to let you know when a support/resistance level is crossed in the opposite direction (ex. price is hovering above the R1 level and you get an alert when price falls back down to the R1 level). To arm the alerts, click on the "Alerts" tab, click to add an alert, select the "PP" indicator, and then choose what you would like to be alerted to from the dropdown.Notas de prensa
Added a few additional alerts.Script que requiere invitación
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Instrucciones del autor
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