K's Pivot PointsPivot points are a popular technical analysis tool used by traders to identify potential levels of support and resistance in a given timeframe. Pivot points are derived from previous price action and are used to estimate potential price levels where an asset may experience a reversal, breakout, or significant price movement.
The calculation of pivot points involves a simple formula that takes into account the high, low, and close prices from the previous trading session or a specific period. The most commonly used pivot point calculation method is the "Standard" or "Classic" method. Here's the formula:
Pivot Point (P) = (High + Low + Close) / 3
In addition to the pivot point itself, several support and resistance levels are calculated based on the pivot point value.
K's Pivot Points try to enhance them by incorporating multiple elements and by applying a re-integration strategy to validate two events:
* Found_Support: This event represents a basing market that is bound to recover or at least shape a bounce.
* Found_Resistance: This event represents a toppish market that is bound to consolidate or at least shape a pause.
K's Pivot Points are calculated following these steps:
1. Calculate the highest of highs for the previous 24 periods (preferably hours).
2. Calculate the lowest of lows for the previous 24 periods (preferably hours).
3. Calculate a 24-period (preferably hours) moving average of the close price.
4. Calculate K's Pivot Point as the average between the three previous step.
5. To find the support, use this formula: Support = (Lowest K's pivot point of the last 12 periods * 2) - Step 1
6. To find the resistance, use this formula: Resistance = (Highest K's pivot point of the last 12 periods * 2) - Step 2
The re-integration strategy to find support and resistance areas is as follows:
* A support has been found if the market breaks the support and shapes a close above it afterwards.
* A resistance has been found if the market surpasses the resistance and shapes a close below it afterwards.
The lookback period (whether 24 and 12) can be modified but the default versions work well.
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PivotBoss Pivots & Camarilla - H,D,W, M timeframe & OHLC LabelsThis is the new pivotboss pivots calculations and also has Camarilla Pivots . User can define which time frame pivots they want to see starting from Hourly, Daily, weekly and monthly. Added labels for each levels. So that user can calculate potential profit targets. This script also includes Hourly and Daily OHLC with labels. Added Developing mid point of the current day. The script can calculate midpoint as and when new highs and lows are made through out the day
Abbrevations used in this script
yHI - Yesterday's session High
dOP - Days open
yCL - yesterday's session Close
yLO - yesterday's session Low
MP -- Developing midpoint of the day
TC - Top channel
P - Pivot Point
BC - Bottom Channel
R1 - R4 -- Resistance levels
S1 - S4 -- Support Levels
PivotPoints with Momentum confirmation by PeterOWho wouldn't like to be able to tell when the market actually reverses instead of just faking it? Every trader who has tried pivothigh/pivotlow functions for that, surely bumped into so many meaningless reversal signals, that probably got discouraged with this concept entirely.
Yet, pivot points are very important. Only they need to be confirmed at least a little bit (you'll never know for sure, you understand that right?)
This script enhances pivot-points mechanism with by confirming potential pivot point with actual reversal in momentum. If momentum reversal is also noticed in synch with the pivothigh/pivotlow, then you've got yourself a reversal - marked on the chart with red or green triangle. You can visually compare where those triangles are marked as compared to those small black ones, meaning the standard pivothigh(high,1,1)/pivotlow(low,1,1). Check yourself how many times this method would save us from pre-mature entry. On average 2/3 pivot points are filtered out.
This is a non-delayed confirmation - there is no waiting for another candle to close, just looking to another indicator for a match.Trader needs to take a decision immediately because if he hesitates, he will be late for sure. Also sometimes this script produces signal even before a full pivot-point is formed, as pin-bar analysis is also included here.
What this script IS NOT:
- a complete trading map. Don't take trade on each green or red triangle. You still need to do your homework on market direction, trend, phase, wave, etc. But at least you have the "trigger" part done.
- these pivot points are still not "guaranteed". You never know the future even as close as the very next candle, so the market can continue its trend right after it produces reversal signal. The aim of this indicator was only to filter out those potential pivot points, which didn't really look like reversals.
If you think this method could be improved somehow or would like to share your thoughts or approach, don't hesitate to reach out to me or write down in comments.
P.S. Credit goes to UCSGEARS for his Top&Bottom candle script. Amazing work. I used the momentum calculation from there.
Pivot Points Standard w/ Future PivotsPivot Points Standard with Future Projections
This indicator displays traditional pivot point levels with an added feature to project future pivot levels based on the current period's price action.
Key Features:
Multiple Pivot Types: Choose from Traditional, Fibonacci, Woodie, Classic, DM, and Camarilla pivot calculations
Flexible Timeframes: Auto-detect or manually select Daily, Weekly, Monthly, Quarterly, Yearly, and multi-year periods
Future Pivot Projections: Visualize potential pivot levels for the next period based on current price movement
Custom Price Scenarios: Test "what-if" scenarios by entering a custom close price to see resulting pivot levels
Customizable Display: Adjust line styles, colors, opacity, and label positioning for both historical and future pivots
Historical Pivots: View up to 200 previous pivot periods for context
Future Pivot Options:
The unique future pivot feature calculates what the next period's support and resistance levels would be using the current period's High, Low, Open, and either the current price or a custom price you specify for the closing value. Future pivots are displayed with customizable line styles (solid, dashed, dotted) and opacity to distinguish them from historical levels.
Use Cases:
Plan entries and exits based on projected support/resistance
Scenario analysis with custom price targets
Identify key levels before the period closes
Multi-timeframe pivot analysis
Works on all timeframes and instruments.
Pivot Support and Resistance Finder [JV] V1Hi Traders.
This is my first attempt of writing an indicator.
Let me start by saying I could never have done this without lmatl and WMX_Q_System_Trading who were and are an incredible source of inspiration.
This indicator shows horizontal Pivot Support and Resistance . It draws up to 4 horizontal lines extending to the right from and adds labels to High and Low Pivot Candles . It also draws the Support / Resistance that is currently forming.
You can select the number of lines on the current timeframe.
There are some options in Settings:
Current timeframe pivot settings
Show and hide levels of the current timeframe
Change colors
Extend Lines
Any suggestions are more than welcome!
I also welcome donations, no matter how small ;-)
Pivot Points. High & Lows By Reversal PercentageLibrary "Pivot Points. High & Lows By Reversal Percentage" by Jal9000
This Pine Script library provides a robust function for identifying and tracking pivot points (reversal points) in price data, suitable for integration into custom trading indicators and strategies.
🛠️ Main Features:
- ✅ Identifies pivot highs and lows based on configurable price movement thresholds.
- ✅ Lightweight. No candle backtracing used. Much less computation heavy.
- ✅ Supports multiple calls (with different values) within a single script.
- ✅ Compatible with request.security for multi-timeframe analysis.
- ✅ Returns both confirmed and temporary pivots for flexible integration.
- ✅ Pinescript V5 and V6 compliant code.
Purpose:
The pivots library enables Pine Script developers to easily add pivot point detection to their scripts. It identifies significant price reversals by evaluating price movements against a minimum range threshold ( min_range_pct ) and confirming reversals based on a percentage ( reversal_pct ) of the prior trend’s magnitude. The library supports multiple simultaneous calls with different settings, making it ideal for multi-timeframe strategies.
How It Works:
The library’s f_calculatePivot function tracks price movements to detect pivot points:
Minimum Range Threshold : A potential pivot is considered if the price moves beyond the min_range_pct percentage of the current high (for a high pivot) or low (for a low pivot), ensuring sufficient movement.
Reversal Confirmation : A pivot is confirmed if the price reverses from the potential pivot by at least the reversal_pct percentage of the distance between the last confirmed pivot and the current potential pivot, measuring the retracement relative to the prior trend’s magnitude.
The function alternates between tracking highs (in an uptrend) and lows (in a downtrend), updating the trend when a pivot is confirmed.
State management uses an array of pivot_state objects, allowing independent calculations for different timeframes and min_range_pct values within the same script.
## Technical Reference
Functions:
f_calculatePivot(series float _high, series float _low, float _min_range_pct, float _reversal_pct) →
- Parameters:
_high : The high price series (e.g., high or math.max(open, close) ).
_low : The low price series (e.g., low or math.min(open, close) ).
_min_range_pct : The minimum percentage price movement to consider a potential pivot.
_reversal_pct : The percentage of the prior trend’s distance required to confirm a pivot.
- Returns:
A tuple containing:
isNewPivot : Boolean indicating if a new pivot was confirmed.
last_confirmed_pivot : The most recent confirmed pivot (type pivot ).
temp_pivot : The current temporary pivot (type pivot ).
Pivot type:
idx (series int) : Bar index of the pivot.
typ (series int) : Type of pivot ( PIVOT_HIGH or PIVOT_LOW ).
prc (series float) : Price of the pivot.
tme (series int) : Timestamp of the pivot.
Constants (internal):
TREND_LONG , TREND_SHORT : Trend direction indicators (1, -1).
PIVOT_HIGH , PIVOT_LOW : Pivot type indicators (1, -1).
✨ Example of Use:
//@version=5
indicator("Pivot Example", overlay=true)
import jal9000/pivots/1 as pivots
// Inputs
min_range_pct = input.float(20.0, 'Min Range %')
reversal_pct = input.float(30.0, 'Reversal %')
ignore_wick = input.bool(true, 'Ignore wick')
h = ignore_wick ? math.max(open, close) : high
l = ignore_wick ? math.min(open, close) : low
// Call the function with high, low, and input parameters
= pivots.f_calculatePivot(h, l, min_range_pct, reversal_pct)
// Variable to store previous confirmed pivot outside the function
var pivots.pivot prev_confirmed_pivot = na
// Draw the line if a new pivot is confirmed and previous pivot exists
if is_new_pivot
if not na(prev_confirmed_pivot) and not na(new_confirmed_pivot)
line.new(x1 = prev_confirmed_pivot.idx, y1 = prev_confirmed_pivot.prc, x2 = new_confirmed_pivot.idx, y2 = new_confirmed_pivot.prc, color = color.blue, width = 1)
prev_confirmed_pivot := new_confirmed_pivot
## Release Notes
v1
- Initial release of the pivots library with f_calculatePivot function for detecting pivot points and supporting multiple configurations and timeframes.
v2
- Code is Pinescript V6 ready. Remains identified as V5, but changing the version number is the only thing that is required to be v6.
Pivot High/Low ComparisonThis script will show you at a glance the following trends:
Higher Highs (Green line on top)
Lower Highs (Red line on top)
Higher Lows (Green line on bottom)
Lower Lows (Red line on bottom)
It utilizes the Pivot High and Pivot Low functions to determine if the previous pivot was higher or lower than the current pivot .
Pivot Regime Anchored VWAP [CHE] Pivot Regime Anchored VWAP — Detects body-based pivot regimes to classify swing highs and lows, anchoring volume-weighted average price lines directly at higher highs and lower lows for adaptive reference levels.
Summary
This indicator identifies shifts between top and bottom regimes through breakouts in candle body highs and lows, labeling swing points as higher highs, lower highs, lower lows, or higher lows. It then draws anchored volume-weighted average price lines starting from the most recent higher high and lower low, providing dynamic support and resistance that evolve with volume flow. These anchored lines differ from standard volume-weighted averages by resetting only at confirmed swing extremes, reducing noise in ranging markets while highlighting momentum shifts in trends.
Motivation: Why this design?
Traders often struggle with static reference lines that fail to adapt to changing market structures, leading to false breaks in volatile conditions or missed continuations in trends. By anchoring volume-weighted average price calculations to body pivot regimes—specifically at higher highs for resistance and lower lows for support—this design creates reference levels tied directly to price structure extremes. This approach addresses the problem of generic moving averages lagging behind swing confirmations, offering a more context-aware tool for intraday or swing trading.
What’s different vs. standard approaches?
- Baseline reference: Traditional volume-weighted average price indicators compute a running total from session start or fixed periods, often ignoring price structure.
- Architecture differences:
- Regime detection via body breakout logic switches between high and low focus dynamically.
- Anchoring limited to confirmed higher highs and lower lows, with historical recalculation for accurate line drawing.
- Polyline rendering rebuilds only on the last bar to manage performance.
- Practical effect: Charts show fewer, more meaningful lines that start at swing points, making it easier to spot confluences with structure breaks rather than cluttered overlays from continuous calculations.
How it works (technical)
The indicator first calculates the maximum and minimum of each candle's open and close to define body highs and lows. It then scans a lookback window for the highest body high and lowest body low. A top regime triggers when the body high from the lookback period exceeds the window's highest, and a bottom regime when the body low falls below the window's lowest. These regime shifts confirm pivots only when crossing from one state to the other.
For top pivots, it compares the new body high against the previous swing high: if greater, it marks a higher high and anchors a new line; otherwise, a lower high. The same logic applies inversely for bottom pivots. Anchored lines use cumulative price-volume products and volumes from the anchor bar onward, subtracting prior cumulatives to isolate the segment. On pivot confirmation, it loops backward from the current bar to the anchor, computing and storing points for the line. New points append as bars advance, ensuring the line reflects ongoing volume weighting.
Initialization uses persistent variables to track the last swing values and anchor bars, starting with neutral states. Data flows from regime detection to pivot classification, then to anchoring and point accumulation, with lines rendered globally on the final bar.
Parameter Guide
Pivot Length — Controls the lookback window for detecting body breakouts, influencing pivot frequency and sensitivity to recent action. Shorter values catch more pivots in choppy conditions; longer smooths for major swings. Default: 30 (bars). Trade-offs/Tips: Min 1; for intraday, try 10–20 to reduce lag but watch for noise; on daily, 50+ for stability.
Show Pivot Labels — Toggles display of text markers at swing points, aiding quick identification of higher highs, lower highs, lower lows, or higher lows. Default: true. Trade-offs/Tips: Disable in multi-indicator setups to declutter; useful for backtesting structure.
HH Color — Sets the line and label color for higher high anchored lines, distinguishing resistance levels. Default: Red (solid). Trade-offs/Tips: Choose contrasting hues for dark/light themes; pair with opacity for fills if added later.
LL Color — Sets the line and label color for lower low anchored lines, distinguishing support levels. Default: Lime (solid). Trade-offs/Tips: As above; green shades work well for bullish contexts without overpowering candles.
Reading & Interpretation
Higher high labels and red lines indicate potential resistance zones where volume weighting begins at a new swing top, suggesting sellers may defend prior highs. Lower low labels and lime lines mark support from a fresh swing bottom, with the line's slope reflecting buyer commitment via volume. Lower highs or higher lows appear as labels without new anchors, signaling possible range-bound action. Line proximity to price shows overextension; crosses may hint at regime shifts, but confirm with volume spikes.
Practical Workflows & Combinations
- Trend following: Enter longs above a rising lower low anchored line after higher low confirmation; filter with rising higher highs for uptrends. Use line breaks as trailing stops.
- Exits/Stops: In downtrends, exit shorts below a higher high line; set aggressive stops above it for scalps, conservative below for swings. Pair with momentum oscillators for divergence.
- Multi-asset/Multi-TF: Defaults suit forex/stocks on 1H–4H; on crypto 15M, shorten length to 15. Scale colors for dark themes; combine with higher timeframe anchors for confluence.
Behavior, Constraints & Performance
Closed-bar logic ensures pivots confirm after the lookback period, with no repainting on historical bars—live bars may adjust until regime shift. No higher timeframe calls, so minimal repaint risk beyond standard delays. Resources include a 2000-bar history limit, label/polyline caps at 200/50, and loops for historical point filling (up to current bar count from anchor, typically under 500 iterations). Known limits: In extreme gaps or low-volume periods, anchors may skew; lines absent until first pivots.
Sensible Defaults & Quick Tuning
Start with the 30-bar length for balanced pivot detection across most assets. For too-frequent pivots in ranges, increase to 50 for fewer signals. If lines lag in trends, reduce to 20 and enable labels for visual cues. In low-volatility assets, widen color contrasts; test on 100-bar history to verify stability.
What this indicator is—and isn’t
This is a structure-aware visualization layer for anchoring volume-weighted references at swing extremes, enhancing manual analysis of regimes and levels. It is not a standalone signal generator or predictive model—always integrate with broader context like order flow or news. Use alongside risk management and position sizing, not as isolated buy/sell triggers.
Many thanks to LuxAlgo for the original script "McDonald's Pattern ". The implementation for body pivots instead of wicks uses a = max(open, close), b = min(open, close) and then highest(a, length) / lowest(b, length). This filters noise from the wicks and detects breakouts over/under bodies. Unusual and targeted, super innovative.
Disclaimer
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
Do not use this indicator on Heikin-Ashi, Renko, Kagi, Point-and-Figure, or Range charts, as these chart types can produce unrealistic results for signal markers and alerts.
Best regards and happy trading
Chervolino
Pivot and Wick Boxes with Break Signals█ OVERVIEW
This Pine Script® indicator draws support and resistance levels based on high and low pivot points and the wicks of pivot candles. When the price breaks these levels, breakout signals are generated, with an optional volume filter for greater precision. The indicator is fully customizable, allowing users to adjust box styles, pivot length, and signal settings.
█ CONCEPTS
The indicator relies on several key elements to identify and visualize important price levels and trading signals:
Pivot Identification
High and low pivots are detected using the ta.pivothigh and ta.pivotlow functions with a configurable pivot length. Boxes are drawn based on the pivot level and the wick of the pivot candle (top for high pivots, bottom for low pivots).
List of Features
1 — High and Low Pivot Boxes: The indicator draws boxes based on high pivot candles (red) and low pivot candles (green) and their wicks, with options to customize colors, border styles, and background gradient. Boxes are limited to 500 bars back, meaning support and resistance levels older than 500 candles are not displayed to maintain chart clarity.
2 — Breakout Signals: When the price closes above the upper edge of a high pivot box, a breakout signal is generated (green triangle below the bar). When the price closes below the lower edge of a low pivot box, a breakout signal is generated (red triangle above the bar).
Signals can be filtered using volume, requiring the volume at the breakout to exceed the average volume multiplied by a configurable multiplier.
3 — Box Management: The indicator limits the number of displayed boxes (default is 15 for high pivots and 15 for low pivots), removing the oldest boxes when the limit is reached. Boxes older than 500 bars are automatically removed.
Volume Filtering
An optional volume filter allows users to require breakout signals to be confirmed by volume exceeding the moving average of volume (calculated over a selected period, default is 20 days).
█ OTHER SECTIONS
FEATURES
• Show High/Low Pivot Boxes: Enables or disables the display of boxes for high and low pivots.
• Pivot Length: Specifies the number of bars back and forward for detecting pivots (default is 5).
• Max Boxes: Sets the maximum number of boxes for high and low pivots (default is 15).
• Volume Filter: Enables a volume filter for breakout signals, with a configurable multiplier and average period.
• Box Style: Allows customization of border color, background gradient, border width, and border style (solid, dashed, dotted).
HOW TO USE
1 — Add the indicator to your TradingView chart by selecting “Pivot and Wick Boxes with Break Signals” from the indicators list.
2 — Configure the settings in the indicator’s dialog window, adjusting pivot length, maximum number of boxes, colors, and style.
3 — Enable the volume filter if you want signals to be confirmed by high volume.
4 — Monitor breakout signals (green triangles below bars for upward breakouts, red triangles above bars for downward breakouts) on the chart.
LIMITATIONS
• New pivots are detected with a delay equal to the set pivot length. A lower pivot length value results in faster pivot detection but produces pivots with less significance as support or resistance levels compared to those generated with a longer value.
• Breakout signals may produce false signals in volatile market conditions, especially without the volume filter.
• Boxes are limited to 500 bars back, which may exclude older pivots on long-term charts.
Pivot S/R with Volatility Filter## *📌 Indicator Purpose*
This indicator identifies *key support/resistance levels* using pivot points while also:
✅ Detecting *high-volume liquidity traps* (stop hunts)
✅ Filtering insignificant pivots via *ATR (Average True Range) volatility*
✅ Tracking *test counts and breakouts* to measure level strength
---
## *⚙ SETTINGS – Detailed Breakdown*
### *1️⃣ ◆ General Settings*
#### *🔹 Pivot Length*
- *Purpose:* Determines how many bars to analyze when identifying pivots.
- *Usage:*
- *Low values (5-20):* More pivots, better for scalping.
- *High values (50-200):* Fewer but stronger levels for swing trading.
- *Example:*
- Pivot Length = 50 → Only the most significant highs/lows over 50 bars are marked.
#### *🔹 Test Threshold (Max Test Count)*
- *Purpose:* Sets how many times a level can be tested before being invalidated.
- *Example:*
- Test Threshold = 3 → After 3 tests, the level is ignored (likely to break).
#### *🔹 Zone Range*
- *Purpose:* Creates a price buffer around pivots (±0.001 by default).
- *Why?* Markets often respect "zones" rather than exact prices.
---
### *2️⃣ ◆ Volatility Filter (ATR)*
#### *🔹 ATR Period*
- *Purpose:* Smoothing period for Average True Range calculation.
- *Default:* 14 (standard for volatility measurement).
#### *🔹 ATR Multiplier (Min Move)*
- *Purpose:* Requires pivots to show *meaningful price movement*.
- *Formula:* Min Move = ATR × Multiplier
- *Example:*
- ATR = 10 pips, Multiplier = 1.5 → Only pivots with *15+ pip swings* are valid.
#### *🔹 Show ATR Filter Info*
- Displays current ATR and minimum move requirements on the chart.
---
### *3️⃣ ◆ Volume Analysis*
#### *🔹 Volume Change Threshold (%)*
- *Purpose:* Filters for *unusual volume spikes* (institutional activity).
- *Example:*
- Threshold = 1.2 → Requires *120% of average volume* to confirm signals.
#### *🔹 Volume MA Period*
- *Purpose:* Lookback period for "normal" volume calculation.
---
### *4️⃣ ◆ Wick Analysis*
#### *🔹 Wick Length Threshold (Ratio)*
- *Purpose:* Ensures rejection candles have *long wicks* (strong reversals).
- *Formula:* Wick Ratio = (Upper Wick + Lower Wick) / Candle Range
- *Example:*
- Threshold = 0.6 → 60% of the candle must be wicks.
#### *🔹 Min Wick Size (ATR %)*
- *Purpose:* Filters out small wicks in volatile markets.
- *Example:*
- ATR = 20 pips, MinWickSize = 1% → Wicks under *0.2 pips* are ignored.
---
### *5️⃣ ◆ Display Settings*
- *Show Zones:* Toggles support/resistance shaded areas.
- *Show Traps:* Highlights liquidity traps (▲/▼ symbols).
- *Show Tests:* Displays how many times levels were tested.
- *Zone Transparency:* Adjusts opacity of zones.
---
## *🎯 Practical Use Cases*
### *1️⃣ Liquidity Trap Detection*
- *Scenario:* Price spikes *above resistance* then reverses sharply.
- *Requirements:*
- Long wick (Wick Ratio > 0.6)
- High volume (Volume > Threshold)
- *Outcome:* *Short Trap* signal (▼) appears.
### *2️⃣ Strong Support Level*
- *Scenario:* Price bounces *3 times* from the same level.
- *Indicator Action:*
- Labels the level with test count (3/5 = 3 tests out of max 5).
- Turns *red* if broken (Break Count > 0).
Deep Dive: How This Indicator Works*
This indicator combines *four professional trading concepts* into one powerful tool:
1. *Classic Pivot Point Theory*
- Identifies swing highs/lows where price previously reversed
- Unlike basic pivot indicators, ours uses *confirmed pivots only* (filtered by ATR)
2. *Volume-Weighted Validation*
- Requires unusual trading volume to confirm levels
- Filters out "phantom" levels with low participation
3. *ATR Volatility Filtering*
- Eliminates insignificant price swings in choppy markets
- Ensures only meaningful levels are plotted
4. *Liquidity Trap Detection*
- Spots institutional stop hunts where markets fake out traders
- Uses wick analysis + volume spikes for high-probability signals
---
Deep Dive: How This Indicator Works*
This indicator combines *four professional trading concepts* into one powerful tool:
1. *Classic Pivot Point Theory*
- Identifies swing highs/lows where price previously reversed
- Unlike basic pivot indicators, ours uses *confirmed pivots only* (filtered by ATR)
2. *Volume-Weighted Validation*
- Requires unusual trading volume to confirm levels
- Filters out "phantom" levels with low participation
3. *ATR Volatility Filtering*
- Eliminates insignificant price swings in choppy markets
- Ensures only meaningful levels are plotted
4. *Liquidity Trap Detection*
- Spots institutional stop hunts where markets fake out traders
- Uses wick analysis + volume spikes for high-probability signals
---
## *📊 Parameter Encyclopedia (Expanded)*
### *1️⃣ Pivot Engine Settings*
#### *Pivot Length (50)*
- *What It Does:*
Determines how many bars to analyze when searching for swing highs/lows.
- *Professional Adjustment Guide:*
| Trading Style | Recommended Value | Why? |
|--------------|------------------|------|
| Scalping | 10-20 | Captures short-term levels |
| Day Trading | 30-50 | Balanced approach |
| Swing Trading| 50-200 | Focuses on major levels |
- *Real Market Example:*
On NASDAQ 5-minute chart:
- Length=20: Identifies levels holding for ~2 hours
- Length=50: Finds levels respected for entire trading day
#### *Test Threshold (5)*
- *Advanced Insight:*
Institutions often test levels 3-5 times before breaking them. This setting mimics the "probe and push" strategy used by smart money.
- *Psychology Behind It:*
Retail traders typically give up after 2-3 tests, while institutions keep testing until stops are run.
---
### *2️⃣ Volatility Filter System*
#### *ATR Multiplier (1.0)*
- *Professional Formula:*
Minimum Valid Swing = ATR(14) × Multiplier
- *Market-Specific Recommendations:*
| Market Type | Optimal Multiplier |
|------------------|--------------------|
| Forex Majors | 0.8-1.2 |
| Crypto (BTC/ETH) | 1.5-2.5 |
| SP500 Stocks | 1.0-1.5 |
- *Why It Matters:*
In EUR/USD (ATR=10 pips):
- Multiplier=1.0 → Requires 10 pip swings
- Multiplier=1.5 → Requires 15 pip swings (fewer but higher quality levels)
---
### *3️⃣ Volume Confirmation System*
#### *Volume Threshold (1.2)*
- *Institutional Benchmark:*
- 1.2x = Moderate institutional interest
- 1.5x+ = Strong smart money activity
- *Volume Spike Case Study:*
*Before Apple Earnings:*
- Normal volume: 2M shares
- Spike threshold (1.2): 2.4M shares
- Actual volume: 3.1M shares → STRONG confirmation
---
### *4️⃣ Liquidity Trap Detection*
#### *Wick Analysis System*
- *Two-Filter Verification:*
1. *Wick Ratio (0.6):*
- Ensures majority of candle shows rejection
- Formula: (UpperWick + LowerWick) / Total Range > 0.6
2. *Min Wick Size (1% ATR):*
- Prevents false signals in flat markets
- Example: ATR=20 pips → Min wick=0.2 pips
- *Trap Identification Flowchart:*
Price Enters Zone →
Spikes Beyond Level →
Shows Long Wick →
Volume > Threshold →
TRAP CONFIRMED
---
## *💡 Master-Level Usage Techniques*
### *Institutional Order Flow Analysis*
1. *Step 1:* Identify pivot levels with ≥3 tests
2. *Step 2:* Watch for volume contraction near levels
3. *Step 3:* Enter when trap signal appears with:
- Wick > 2×ATR
- Volume > 1.5× average
### *Multi-Timeframe Confirmation*
1. *Higher TF:* Find weekly/monthly pivots
2. *Lower TF:* Use this indicator for precise entries
3. *Example:*
- Weekly pivot at $180
- 4H shows liquidity trap → High-probability reversal
---
## *⚠ Critical Mistakes to Avoid*
1. *Using Default Settings Everywhere*
- Crude oil needs higher ATR multiplier than bonds
2. *Ignoring Trap Context*
- Traps work best at:
- All-time highs/lows
- Major psychological numbers (00/50 levels)
3. *Overlooking Cumulative Volume*
- Check if volume is building over multiple tests
Pivot Points [MisterMoTA]The Pivot Points indicator by MisterMoTA allow users to get pivots points calculated from last candle high, low and close on any timeframe from 1 minute to weekly.
This will help users that are trading ins small timeframes to see the pivots that are near their timeframes and not only daily timeframe.
Here is an example on the chart from nex image the timeframe is set to 1 minute and pivot points displayed are at 15 minutes :
The users have control on pivots colors, pivot labels colors, text color from labels, decimal numbers displayed in the labels and style of the pivots lines.
Please follow me for other script like this one.
Kind regards,
MisterMoTA
Pivot and Wick Boxes with Break Signals v2█ OVERVIEW
The "Pivot and Wick Boxes with Break Signals v2" is an advanced Pine Script® technical analysis tool that identifies pivot points (highs and lows) on the chart and draws customizable boxes based on the wicks of pivot candles. It is ideal for traders using price action strategies, helping to identify key support and resistance levels and potential breakout trading opportunities. With flexible settings, a volume filter, and label grouping, the indicator ensures clarity and precision on the chart.
█ CONCEPTS
The indicator modifies how zones are drawn, displaying boxes on the latest candle rather than extending from the zones based on pivot candle wicks. This approach prevents visual clutter on the chart, allowing simultaneous use of other indicators without sacrificing clarity.
Why are wicks important?Wicks of pivot candles indicate significant market reactions in key areas. Depending on the context, they may signal rejection, testing, or absorption of support or resistance levels. Long wicks often appear where large players are active, and the marked zones are frequently retested. The indicator enables quick identification and observation of their impact on future price movements.
█ FEATURES
Pivot Detection: Identifies pivot points (highs and lows) based on a user-defined lookback period (Pivot Length), with options to display boxes for high and low pivot candle wicks separately.
Customizable Boxes: Draws boxes based on pivot candle wicks with adjustable border colors, background gradients, border styles (solid, dashed, dotted), and border widths.
Breakout Signals: Generates buy (green upward triangle) and sell (red downward triangle) signals when the price breaks through a pivot and the candle closes on the opposite side, indicating potential trend continuation. If the price approaches a pivot zone but fails to break it, this may suggest a potential trend reversal or the end of a correction.
Volume Filter: Optional volume-based signal filter that requires breakouts to have a volume exceeding a user-defined multiplier of the average volume over a specified period. Note: the volume filter will not work on markets where volume data is unavailable.
Label Grouping: Automatically groups overlapping pivot labels to avoid chart clutter, displaying only key price levels.
█ HOW TO USE
Add to Chart: Apply the indicator to your TradingView chart via the Pine Editor or Indicators menu.
Configure Settings:
Pivot Settings: Adjust Pivot Length to change the sensitivity of pivot detection—the value represents the number of candles, which equals the delay in displaying the pivot. Larger values generate fewer pivots, but they are generally more significant. Set Max High Pivot Boxes and Max Low Pivot Boxes to control the number of displayed boxes.
Signal Settings: Enable Use Volume Filter for Signals to require higher volume for breakouts, and adjust Average Volume Multiplier and Average Volume Period. A volume multiplier of 1 means the filter allows pivots with a volume equal to or greater than the average volume over the specified period.
Box Styling: Configure border colors, background gradients, line thickness, and border styles for high and low pivot boxes.
Interpreting Signals:
Buy Signal: A green triangle below the bar indicates a breakout above a high pivot box, suggesting potential continuation of an uptrend.
Sell Signal: A red triangle above the bar indicates a breakout below a low pivot box, suggesting potential continuation of a downtrend.
Non-Breakout Zones: If the price approaches a pivot zone but fails to break it, it may indicate a potential trend reversal or the end of a correction (e.g., price rejection at a resistance level in a downtrend or a support level in an uptrend).
Overlapping Zones: If pivot zones overlap, it indicates the level has been tested multiple times, suggesting its significance in the market.
Use signals in conjunction with other technical analysis tools for confirmation.
Monitoring Levels: Use labeled pivot levels as potential support and resistance zones for trade planning.
█ APPLICATIONS
Price Action Trading: Use pivot levels as support and resistance zones. For example, in an uptrend, you can look for buying opportunities near low pivot zones (support), where price often bounces after testing the wick of a pivot candle. Combining with other indicators, such as Fibonacci levels, enhances the significance of pivot zones—if they align with Fibonacci levels and are accompanied by high volume, the zone is considered stronger.
Breakout Strategies: Trade based on breakout signals from key pivot zones. A buy signal after a breakout from a high pivot with confirmed volume may indicate continued upward movement. Using the indicator with other tools, such as moving averages or RSI, can help confirm the strength of the breakout.
Practical Approach:
The more frequently a zone is tested in a short period, the higher the risk of a breakout, as supply or demand may be exhausted.
The longer a zone holds without breaking, the more significant it becomes for the market, both psychologically and technically.
As the saying goes: “A zone is strong until it breaks—when it does, a strong move often follows.”
How to observe?
Strong bounces from a zone indicate that demand or supply remains active.
Weaker bounces or price lingering near the level may suggest the market is preparing for a breakout.
█ NOTES
Test the indicator across different timeframes and markets (stocks, forex, crypto) to optimize settings for your trading style.
The volume filter will not work on markets where volume data is unavailable. In such cases, disable the volume filter in the settings.
For best results, use on high-liquidity markets when the volume filter is enabled.
Pivot Swings w Table Pivot Swings w Table — Intraday Structure & Range Analyzer
This indicator identifies key pivot highs and lows on the chart and highlights market structure shifts using a real-time table display. It helps traders visually confirm potential trade setups by tracking unbroken swing points and measuring the range between the most recent pivots.
🔍 Features:
🔹 Automatic Pivot Detection using configurable left/right bar logic.
🔹 Unbroken Pivot Filtering — only pivots that haven't been invalidated by price are displayed.
🔹 Dynamic Range Table with:
Latest valid Pivot High and Pivot Low
Total Range Width
Upper & Lower 25% range thresholds (useful for value/imbalance analysis)
🔹 Trend-Based Color Coding — the table background changes based on which pivot (high or low) occurred more recently:
🟥 Red: Downward bias (last pivot was a lower high)
🟩 Green: Upward bias (last pivot was a higher low)
🔹 Optional extension of pivot levels to the right of the chart for support/resistance confluence.
⚙️ How to Use:
Adjust the Left Bars and Right Bars inputs to fine-tune how swings are defined.
Look for price reacting near the Upper or Lower 25% zones to anticipate mean reversion or breakout setups.
Use the trend color of the table to confirm directional bias, especially useful during consolidation or retracement periods.
💡 Best For:
Intraday or short-term swing traders
Traders who use market structure, support/resistance, or trend-based strategies
Those looking to avoid low-quality trades in tight ranges
✅ Built for overlay use on price charts
📈 Works on all symbols and timeframes
🧠 No repainting — pivots are confirmed with completed bars
Pivot Channel Breaks [BigBeluga]Pivot Channel Break
The Pivot Channel Break indicator identifies key pivot points and creates a dynamic channel based on these pivots. It detects breakouts from this channel, providing potential entry and exit signals for traders.
🔵 How to Use
Channel Identification:
- Upper and lower channel lines drawn based on pivot highs and lows
- Channel width dynamically adjusted using ATR-like calculation
Breakout Signals:
- Upward breakout: Price closes above upper channel line
- Downward breakout: Price closes below lower channel line
- Signals shown as X marks on the chart
Pivot Points:
- High pivots marked with "H" triangles
- Low pivots marked with "L" triangles
Support & Resistance:
- Optional signals when price touches but doesn't break channel lines
Trend Visualization:
- Optional bar coloring based on the most recent breakout direction
🔵 Customization
• Pivot Right: Lookback period for pivot detection (default: 10)
• Pivot Left: Forward period for pivot confirmation (default: 40)
• Channel Width: Multiplier for channel width calculation (default: 1.0)
• Support & Resistance Signals: Toggle additional touch signals
• Bar Color: Enable/disable trend-based bar coloring
Calculation:
Detect pivot highs and lows using specified lookback periods
Calculate channel basis using 10-period SMA of close prices
Determine channel width using ATR-like calculation: RMA(high - low, 10) * width multiplier
Set channel lines based on pivot points and calculated deviations
Identify breakouts when price crosses beyond channel lines
The Pivot Channel Break indicator offers a dynamic approach to identifying potential trend changes and breakout opportunities. It combines pivot point analysis with a flexible channel calculation, providing traders with a visual tool for market structure analysis. Use this indicator in conjunction with other technical analysis methods to confirm signals and manage risk effectively.
Pivot Point Reversal + RSI AlertsThese are alerts for previously published strategy:
This strategy joins the Pivot Reversal strategy with the RSI indicator.
We check RSI level at the pivot point level and only if RSI condition is satisfied we update levels for stop orders.
Pivot Clouds [SS]Hey everyone,
Whopper indicator here that I have been working on for some time, excited to finally release it! So let's get into it!
☁️☁️ What are Pivot Clouds?! ☁️☁️
The concept for pivot clouds came from trailing and erroring different iterations of support and resistance (which ultimately led to the creation of the BIN Based Support and Resistance indicator).
In the design and creation of my BIN support and resistance indicator, I initially tried to do something similar with pivot points. However, I found pivots to be relatively ineffective as support and resistance, especially in very trendy markets, and the BIN approach reigned supreme. However, not wanting to abandon the utility of pivots, I tried something different, creating a pivot based SMA.
This proved most useful and very helpful for determining directions, rejections and trends! From there, came this indicator, the Pivot Clouds. This is currently iteration 32 haha, which will be the final iteration for the time being and most functional.
The pivot cloud indicator works by smoothing pivot highs and pivot lows over the course of your inputted length. My general suggestion is to keep it between 150 to 250. Going to low will make it incredibly choppy. Using 200 seems to be the sweet spot for most tickers.
Over the course of the pivot lookback, it collects all pivot highs and pivot lows, then averages them out to create 2 separate SMAs, those being an SMA for the pivot high and an SMA for the pivot low. Together, these create the cloud you see in the main chart.
In addition to creating this cloud, the indicator marks and tracks pivot maxes to both the upside and downside and will draw cloud support on a fall below the main cloud and cloud resistance on a rise above the main cloud, as exampled here:
Above:
And Below:
These clouds represent the average of the pivot high/pivot low and extend to the max or min (high or low depending on position on the main cloud).
💡 Alternative Abilities 💡
Resulting from the sometimes inadequacy of pivots to determine targets and resistance/support, the indicator is capable of pulling in ATR target prices. This allows the user to either use both, pivot max/min clouds AND ATR targets, or simply one or the other.
The ATR targets can be customized in the indicator settings, with a default of daily timeframe targets on a 14 ATR lookback.
Here are some examples of how the ATR targets look:
And to the upside:
📈 Standalone Strategy 📈
This indicator can be used as a standalone strategy, or to complement other strategies. I will go over both briefly, starting with standalone strategy:
Select your target preference (ATR, Pivot Maxes and Mins or both)
Long on a break and hold over the main cloud to the targets; or
Shrot on a break below the main cloud to the targets.
That simple!
🎯Supplemental to existing Strategy 🎯
This indicator for me is gold for my strategy, which involves longing or shorting to calculated target prices.
You essentially follow the above, only your targets are determined by your strategy. So for me, I look for a rejection or hold of the cloud, to long or short to my targets:
💰Customizing the Indicator 💰
Let's quickly go over these options:
Smooth length: Creates a smooth cloud. Suggested limits are 150 - 250
Lookback Length: This determines the length of lookback for the indicator to store historical pivot information and create the clouds.
Pivot Lookforward/backward: Allows the user to select custom pivot timeframes. The traditional rule is 10, but 5 sometimes is preferred on larger timeframes.
Show Pivot Max and Min: These enables the pivot max and min cloud for a crossover or crossunder of the main cloud.
ATR timeframe: determines the ATR target price levels to look for. You can toggle weekly, daily, hourly, whichever you prefer.
ATR Length: Allows you to customize the lookback for determining the ATR targets.
USE ATR targets: This will turn on / off the ATR targets, if you wish to use/not use these reference points with the indicator, same as with the pivot max and min cloud toggle.
And that's the indicator, folks!
Hope you like it,
Take care and safe trades!🚀
Pivots and SwingsThis indicator displays simple pivots of varying degrees and connects them into swings whilst displaying the information of each swing.
First order pivot highs are confirmed when the N number of bars each side of the bar in question have a lower high whilst a first order pivot low is confirmed when the N number of bars on each side of the bar in question have a higher low. In this script N is set to 2 as a default, so when the middle bar of a set of 5 bars has the highest high, then it is considered a first order pivot high and vice versa for lows.
Second order pivot highs are confirmed when a first order pivot is higher than the first order pivot points on either side of the pivot point in question. Second order pivot lows are confirmed when a first order pivot low is lower than the first order pivot lows either side of the pivot in question.
Third order pivots follow the same logic but consider the highest and lowest second order pivots
A quick note on how the bars are coloured basis trends. If price breaks through the last first order pivot high, the bars will be coloured in a (default) green sequence and will stay green until price moves back below the most recent first order pivot low, at which time it will revert to a (default) red sequence.
The information about the duration and magnitude of the swings are displayed in an effort to identify when a swing leg of an overall trend may be shortening which signifies a weakening trend, or lengthening to signify a trend that is gaining in strength.
I hope you find this indicator useful!
Pivot Support & ResistanceHere signals are based on the pivot high and pivot lows. Factors taken into account in understanding the breakout or breakdown are:
volume
candle bar is not opening candle
must be near pivot high or low
Recommendation:
Use once candle closes else you might get trapped in certain cases so be careful
Pivot trend indicatorThis is a LAGGING indicator which can provide a good indication of trend. It require a certain (configurable) number of candles to have closed before it can determine whether a pivot has formed.
It provides a 20 period SMA for the timeframe of your choice which is color coded to show the trend according to confirmed pivots.
Anticipated usage:
Long / Short bias is determined by pivot trend
Trader seeks entries according to their strategy
Black consolidation areas may trigger a re-evaluation of the trade and can serve as good profit taking areas
The SMA colors:
Green -> Higher highs & Higher lows
Red -> Lower highs & Lowers lows
Black -> No clear trend from the pivots
Why the 20 SMA?
Feel free to adjust it for your purposes. I personally find that using a higher time frame 20 SMA is a better indication of trend than longer period MAs on shorter time frames. This can be seen from comparing the 20 daily SMA and 200 hourly SMA.
Pivot adjustment
The pivots use the selected time frame (not) the MA trend time frame. You can specify the left and right candles required to confirm a pivot
Pivot Points HIgh LowRemake of the integrated Pivot Points indicator
With higher resolution you should lower the indicator values to get a good result
Pivot mtf semaphore support&resistance [LM]Hello Traders,
I would like to introduce you pivot semaphore mtf support&resistance levels. The idea is the same as my other S/R scripts to have a look at the important levels. The Semaphore is used to spot future multi-level Supports and Resistance zones. It is also useful to spot HL or LL or HH or LH zones. The script is based on amazing work of @LucF so really big thanks for your work on mtf line offsetting.
It has three settings:
First two settings are for higher timeframes
Third setting is setting for pivots on current timeframe
!!!! Very important is there is limitation in pinescript how many candles you can look back(4999) if you choose timeframes that are very distant from each other there is a chance that those lines won't show up
Hopefully you will enjoy
Cheers, Lukas
Pivots Fibonacci RetracementThis is a Fibonacci Retracement indicator based on Pivots.
The Fibonacci lines are always drawn between the LAST High Pivot (Red Triangle Down) and the LAST Low Pivot (Green Triangle Up)
Every time a new High or Low Pivot is found, the Fibonacci lines changes.
"RightBars" & "LeftBars" from Pivots are kept the same > "Bars"
In this example (BTCUSDT) the "Bars" are set as 10 (= period "Left" & "Right" where "Highs" & "Lows" are found):
This is the bigger picture:
If the settings are changed, for example "Bars" > 30, the Fibonacci lines are placed on different points:
If we need to take the previous "Low" Pivot ("Bars" > 45):
You see you need to change the "Bars" a bit to get what you want.
The extended Fibonacci levels (1.618 & 2) and (-0.618 & -1) are also included,
these can be used for future "Target-lines":
IF there is a NEW Pivot ("High" or "Low") which is visible because the Fibonacci lines HAVEN'T passed the "Red Triangle Down" or "Green Triangle Up" YET,
please WAIT until the close of that period, otherwise the "Triangle" possibly could still disappear again.
The dashed coloured lines and coloured Fibonacci numbers at the right are for easier readings and interpretation.
Pivots High Low Live DetectionPivots High Low Live Detection
Identifies and visualizes swing highs and lows on the chart in real time.
Helps to observe evolving market structure by connecting confirmed or developing pivot points with lines and labels.
Using a configurable lookback, minimum deviation, and confirmation bar system, the indicator highlights new Higher Highs (HH), Higher Lows (HL), Lower Highs (LH), and Lower Lows (LL) as they form.
When “Live (repainting)” mode is enabled, the current swing leg updates dynamically with each candle, giving immediate feedback as price develops.
When disabled, only confirmed pivots are plotted, ideal for historical validation and backtesting.
+ Key Features
Detects and labels major swing points (HH, HL, LH, LL).
Works in live or confirmed (non-repainting) mode.
Adjustable parameters for lookback, deviation (in ticks), and confirmation bars.
Lightweight and compatible with any timeframe or symbol.
Includes runtime alerts for new structural pivots and direction shifts.
+ How to Use
Adjust the inputs under the “Pivots” group to control sensitivity.
Enable “Live (repainting)” to see developing swing legs, or disable it for confirmed structure only.
Use alerts to track structural changes or potential trend reversals.
