by 
This indicator plots a custom Anchored Volume-Weighted Average Price (VWAP) directly on the price chart along with optional standard deviation bands. Users can anchor the VWAP to standard time periods like sessions, weeks, or months, or to corporate events suc
Indicator · Pine Script v4 · On the chart
[CP]Pivot Boss Floor Pivots
This indicator draws floor pivots and the central pivot range on the price chart.
GitHub stars5on the repository
Pine versionv4older, still runs
Lines of code233
Settings40inputs
LicenceNone statedfile: MPL-2.0
Last update3 years ago8 Dec 2022
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
233 lines of Pine Script v4 from Pine Script/Pivot Boss Pivots.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.
//@version=4
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © pranjalchaubey
//Structural Pivots
study(title="[CP]Pivot Boss Floor Pivots with ATR Dilation and Dynamic Levels", shorttitle="[CP]Pivot Boss Floor Pivots", overlay=true, max_labels_count=500)
// User Inputs
//==============================================================================
floor_pivot_timeframe = input("D", options=["1H", "2H", "4H", "D", "W", "M", "12M"], title="Floor Pivot Timeframe", group="Floor Pivots")
show_floor_pivots = input(true, type=input.bool, title="Show Floor Pivots", group="Floor Pivots")
show_cpr = input(true, type=input.bool, title="Show CPR", group="Floor Pivots")
show_labels = input(true, type=input.bool, title="Show Pivot Lables", group="Floor Pivots")
show_next_day_pivot = input(false, type=input.bool, title="Show Next Time Period Pivots", group="Floor Pivots")
dynamic_pivot_levels = input(true, type=input.bool, title="Show Floor Pivot Levels Dynamically", group="Dynamic Pivot Levels")
dynamic_pivot_atr_period = input(14, type=input.integer, minval=1, maxval=356, title="Dynamic Pivot ATR Period", group="Dynamic Pivot Levels")
dynamic_pivot_atr_threshold = input(2.0, type=input.float, minval=0.001, maxval=10,title="ATR Threshold for Dynamic Floor Pivots", group="Dynamic Pivot Levels")
atr_dilation = input(true, type=input.bool, title="Use ATR to Dilate Intraday Pivot Levels", group="ATR Pivot Dilation")
atr_multiplier = input(0.05, type=input.float, minval=0.001, maxval=10,title="ATR Dilation Factor", group="ATR Pivot Dilation")
atr_period = input(14, type=input.integer, minval=1, maxval=356, title="ATR Period", group="ATR Pivot Dilation")
vis1 = input(true, title="Enable 1st Moving Average", group="Bonus Indicators")
ma1 = input("SMA", options=["SMA", "EMA", "WMA", "VWMA"], title="Moving Average Type", group="Bonus Indicators")
len1 = input(13, type=input.integer, minval=1, title="Moving Average 1 Length", group="Bonus Indicators")
src1 = input(close, type=input.source, title="Moving Average 1 Source", group="Bonus Indicators")
off1 = input(0, type=input.integer, minval=-500, maxval=500,title="Moving Average 1 Offset", group="Bonus Indicators")
vis2 = input(true, title="Enable 2nd Moving Average", group="Bonus Indicators")
ma2 = input("SMA", options=["SMA", "EMA", "WMA", "VWMA"], title="Moving Average Type", group="Bonus Indicators")
len2 = input(21, type=input.integer, minval=1, title="Moving Average 2 Length", group="Bonus Indicators")
src2 = input(close, type=input.source, title="Moving Average 2 Source", group="Bonus Indicators")
off2 = input(0, type=input.integer, minval=-500, maxval=500,title="Moving Average 2 Offset", group="Bonus Indicators")
vis3 = input(true, title="Enable 3rd Moving Average", group="Bonus Indicators")
ma3 = input("SMA", options=["SMA", "EMA", "WMA", "VWMA"], title="Moving Average Type", group="Bonus Indicators")
len3 = input(55, type=input.integer, minval=1, title="Moving Average 3 Length", group="Bonus Indicators")
src3 = input(close, type=input.source, title="Moving Average 3 Source", group="Bonus Indicators")
off3 = input(0, type=input.integer, minval=-500, maxval=500,title="Moving Average 3 Offset", group="Bonus Indicators")
visbb = input(true, title="Enable Bollinger Band", group="Bonus Indicators")
visbb_basis = input(false, title="Show Bollinger Basis", group="Bonus Indicators")
lenbb = input(20, type=input.integer, minval=1, title="BB Length", group="Bonus Indicators")
srcbb = input(close, type=input.source, title="BB Source", group="Bonus Indicators")
mult = input(2.0, type=input.float, minval=0.001, maxval=50, title="BB StdDev", group="Bonus Indicators")
offbb = input(0, type=input.integer, minval=-500, maxval=500,title="BB Offset", group="Bonus Indicators")
floor_pivots_p_color = input(color.new(color.yellow, 0), type = input.color, title="Central Floor Pivot", group="Color Scheme")
floor_pivots_cpr_color = input(color.new(color.blue, 50), type = input.color, title="CPR Band", group="Color Scheme")
floor_pivots_r_color = input(color.new(color.red, 0), type = input.color, title="Floor Pivots Resistance Levels", group="Color Scheme")
floor_pivots_s_color = input(color.new(color.lime, 0), type = input.color, title="Floor Pivots Support Levels", group="Color Scheme")
ma_1_color = input(color.new(color.red, 0), type = input.color, title="Moving Average 1", group="Color Scheme")
ma_2_color = input(color.new(color.yellow, 0), type = input.color, title="Moving Average 2", group="Color Scheme")
ma_3_color = input(color.new(color.aqua, 0), type = input.color, title="Moving Average 3", group="Color Scheme")
bb_basis_color = input(color.new(color.rgb(255,109,0), 0), type = input.color, title="Bollinger Band Basis", group="Color Scheme")
bb_band_color = input(color.new(color.rgb(41,98,255), 0), type = input.color, title="Bollinger Upper/Lower Band", group="Color Scheme")
bb_bg_color = input(color.new(color.rgb(33, 150, 243), 95), type = input.color, title="Bollinger Background", group="Color Scheme")
// Calculations
//==============================================================================
// Floor Pivots
// Central Pivot
pivot = (high + low + close) / 3.0
// Resistance Levels
r1 = (2 * pivot) - low
r2 = pivot + (high - low)
r3 = r1 + (high - low)
r4 = r3 + (r2 - r1)
// Support Levels
s1 = (2 * pivot) - high
s2 = pivot - (high - low)
s3 = s1 - (high - low)
s4 = s3 - (s1 - s2)
// Central Pivot Range
temp_bc = (high + low) / 2
temp_tc = (pivot - temp_bc) + pivot
tc = temp_tc > temp_bc ? temp_tc : temp_bc
bc = temp_bc < temp_tc ? temp_bc : temp_tc
// Dynamic Floor Pivots
dynamic_pivot_atr = atr(dynamic_pivot_atr_period) * dynamic_pivot_atr_threshold
dynamic_high = high + dynamic_pivot_atr
dynamic_low = low - dynamic_pivot_atr
// Average True Range for Pivot Level Dilation
atr_norm = atr(atr_period) * atr_multiplier
// Timeframe
floor_pivot_resolution = floor_pivot_timeframe == "1H" ? '60' : floor_pivot_timeframe == "2H" ? '120' : floor_pivot_timeframe == "4H" ? '240' : floor_pivot_timeframe
// Bonus Indicators
val_ma1 = if ma1 == "SMA" // Moving Average 1
sma(src1, len1)
else if ma1 == "EMA"
ema(src1, len1)
else if ma1 == "WMA"
wma(src1, len1)
else if ma1 == "VWMA"
vwma(src1, len1)
val_ma2 = if ma2 == "SMA" // Moving Average 2
sma(src2, len2)
else if ma2 == "EMA"
ema(src2, len2)
else if ma2 == "WMA"
wma(src2, len2)
else if ma2 == "VWMA"
vwma(src2, len2)
val_ma3 = if ma3 == "SMA" // Moving Average 3
sma(src3, len3)
else if ma3 == "EMA"
ema(src3, len3)
else if ma3 == "WMA"
wma(src3, len3)
else if ma3 == "VWMA"
vwma(src3, len3)
basis = sma(srcbb, lenbb) // Bollinger Band
dev = mult * stdev(srcbb, lenbb)
upper = basis + dev
lower = basis - dev
// Floor Pivots
//==============================================================================
// Dynamic Floor Pivot Variables
var bool show_daily_pivot = na
var bool show_daily_r1 = na
var bool show_daily_r2 = na
var bool show_daily_r3 = na
var bool show_daily_r4 = na
var bool show_daily_s1 = na
var bool show_daily_s2 = na
var bool show_daily_s3 = na
var bool show_daily_s4 = na
// Daily Average True Range for ATR Dilation
daily_atr_dilation = security(syminfo.tickerid, 'D', atr_norm[1], barmerge.gaps_off, barmerge.lookahead_on)
// Daily Floor Pivots
daily_pivot = security(syminfo.tickerid, floor_pivot_resolution, show_next_day_pivot ? pivot : pivot[1], barmerge.gaps_off, barmerge.lookahead_on)
daily_r1 = security(syminfo.tickerid, floor_pivot_resolution, show_next_day_pivot ? r1 : r1[1], barmerge.gaps_off, barmerge.lookahead_on)
daily_r2 = security(syminfo.tickerid, floor_pivot_resolution, show_next_day_pivot ? r2 : r2[1], barmerge.gaps_off, barmerge.lookahead_on)
daily_r3 = security(syminfo.tickerid, floor_pivot_resolution, show_next_day_pivot ? r3 : r3[1], barmerge.gaps_off, barmerge.lookahead_on)
daily_r4 = security(syminfo.tickerid, floor_pivot_resolution, show_next_day_pivot ? r4 : r4[1], barmerge.gaps_off, barmerge.lookahead_on)
daily_s1 = security(syminfo.tickerid, floor_pivot_resolution, show_next_day_pivot ? s1 : s1[1], barmerge.gaps_off, barmerge.lookahead_on)
daily_s2 = security(syminfo.tickerid, floor_pivot_resolution, show_next_day_pivot ? s2 : s2[1], barmerge.gaps_off, barmerge.lookahead_on)
daily_s3 = security(syminfo.tickerid, floor_pivot_resolution, show_next_day_pivot ? s3 : s3[1], barmerge.gaps_off, barmerge.lookahead_on)
daily_s4 = security(syminfo.tickerid, floor_pivot_resolution, show_next_day_pivot ? s4 : s4[1], barmerge.gaps_off, barmerge.lookahead_on)
daily_tbc = security(syminfo.tickerid, floor_pivot_resolution, show_next_day_pivot ? temp_bc : temp_bc[1], barmerge.gaps_off, barmerge.lookahead_on)
daily_ttc = security(syminfo.tickerid, floor_pivot_resolution, show_next_day_pivot ? temp_tc : temp_tc[1], barmerge.gaps_off, barmerge.lookahead_on)
daily_tc = daily_ttc > daily_tbc ? daily_ttc : daily_tbc
daily_bc = daily_tbc < daily_ttc ? daily_tbc : daily_ttc
// Dynamic Daily Floor Pivot Logic (only for Intraday)
show_daily_pivot := show_daily_pivot[1] == false and dynamic_pivot_levels and timeframe.isintraday and ((daily_pivot >= dynamic_low and daily_pivot <= dynamic_high) or (daily_tc >= dynamic_low and daily_tc <= dynamic_high) or (daily_bc >= dynamic_low and daily_bc <= dynamic_high)) ? 1 : dynamic_pivot_levels == false ? 1 : show_daily_pivot[1] == true and dayofmonth == dayofmonth[1] ? 1 : 0
show_daily_r1 := show_daily_r1[1] == false and dynamic_pivot_levels and timeframe.isintraday and daily_r1 >= dynamic_low and daily_r1 <= dynamic_high ? 1 : dynamic_pivot_levels == false ? 1 : show_daily_r1[1] == true and dayofmonth == dayofmonth[1] ? 1 : 0
show_daily_r2 := show_daily_r2[1] == false and dynamic_pivot_levels and timeframe.isintraday and daily_r2 >= dynamic_low and daily_r2 <= dynamic_high ? 1 : dynamic_pivot_levels == false ? 1 : show_daily_r2[1] == true and dayofmonth == dayofmonth[1] ? 1 : 0
show_daily_r3 := show_daily_r3[1] == false and dynamic_pivot_levels and timeframe.isintraday and daily_r3 >= dynamic_low and daily_r3 <= dynamic_high ? 1 : dynamic_pivot_levels == false ? 1 : show_daily_r3[1] == true and dayofmonth == dayofmonth[1] ? 1 : 0
show_daily_r4 := show_daily_r4[1] == false and dynamic_pivot_levels and timeframe.isintraday and daily_r4 >= dynamic_low and daily_r4 <= dynamic_high ? 1 : dynamic_pivot_levels == false ? 1 : show_daily_r4[1] == true and dayofmonth == dayofmonth[1] ? 1 : 0
show_daily_s1 := show_daily_s1[1] == false and dynamic_pivot_levels and timeframe.isintraday and daily_s1 >= dynamic_low and daily_s1 <= dynamic_high ? 1 : dynamic_pivot_levels == false ? 1 : show_daily_s1[1] == true and dayofmonth == dayofmonth[1] ? 1 : 0
show_daily_s2 := show_daily_s2[1] == false and dynamic_pivot_levels and timeframe.isintraday and daily_s2 >= dynamic_low and daily_s2 <= dynamic_high ? 1 : dynamic_pivot_levels == false ? 1 : show_daily_s2[1] == true and dayofmonth == dayofmonth[1] ? 1 : 0
show_daily_s3 := show_daily_s3[1] == false and dynamic_pivot_levels and timeframe.isintraday and daily_s3 >= dynamic_low and daily_s3 <= dynamic_high ? 1 : dynamic_pivot_levels == false ? 1 : show_daily_s3[1] == true and dayofmonth == dayofmonth[1] ? 1 : 0
show_daily_s4 := show_daily_s4[1] == false and dynamic_pivot_levels and timeframe.isintraday and daily_s4 >= dynamic_low and daily_s4 <= dynamic_high ? 1 : dynamic_pivot_levels == false ? 1 : show_daily_s4[1] == true and dayofmonth == dayofmonth[1] ? 1 : 0
// Plots
//==============================================================================
// Neutral and ATR Dilated Positive plots
p1a = plot(show_floor_pivots and show_daily_pivot and not atr_dilation ? daily_pivot : show_floor_pivots and show_daily_pivot and atr_dilation and timeframe.isintraday ? daily_pivot+daily_atr_dilation : show_floor_pivots and show_daily_pivot and atr_dilation and not timeframe.isintraday ? daily_pivot : na, title = "Pivot", color = color.new(floor_pivots_p_color, atr_dilation and timeframe.isintraday ? 100 : 0), linewidth = 1, style = plot.style_circles)
r1a = plot(show_floor_pivots and show_daily_r1 and not atr_dilation ? daily_r1 : show_floor_pivots and show_daily_r1 and atr_dilation and timeframe.isintraday ? daily_r1+daily_atr_dilation : show_floor_pivots and show_daily_r1 and atr_dilation and not timeframe.isintraday ? daily_r1 : na, title = "R1", color = color.new(floor_pivots_r_color, atr_dilation and timeframe.isintraday ? 100 : 0), linewidth = 1, style = plot.style_circles)
r2a = plot(show_floor_pivots and show_daily_r2 and not atr_dilation ? daily_r2 : show_floor_pivots and show_daily_r2 and atr_dilation and timeframe.isintraday ? daily_r2+daily_atr_dilation : show_floor_pivots and show_daily_r2 and atr_dilation and not timeframe.isintraday ? daily_r2 : na, title = "R2", color = color.new(floor_pivots_r_color, atr_dilation and timeframe.isintraday ? 100 : 0), linewidth = 1, style = plot.style_circles)
r3a = plot(show_floor_pivots and show_daily_r3 and not atr_dilation ? daily_r3 : show_floor_pivots and show_daily_r3 and atr_dilation and timeframe.isintraday ? daily_r3+daily_atr_dilation : show_floor_pivots and show_daily_r3 and atr_dilation and not timeframe.isintraday ? daily_r3 : na, title = "R3", color = color.new(floor_pivots_r_color, atr_dilation and timeframe.isintraday ? 100 : 0), linewidth = 1, style = plot.style_circles)
r4a = plot(show_floor_pivots and show_daily_r4 and not atr_dilation ? daily_r4 : show_floor_pivots and show_daily_r4 and atr_dilation and timeframe.isintraday ? daily_r4+daily_atr_dilation : show_floor_pivots and show_daily_r4 and atr_dilation and not timeframe.isintraday ? daily_r4 : na, title = "R4", color = color.new(floor_pivots_r_color, atr_dilation and timeframe.isintraday ? 100 : 0), linewidth = 1, style = plot.style_circles)
s1a = plot(show_floor_pivots and show_daily_s1 and not atr_dilation ? daily_s1 : show_floor_pivots and show_daily_s1 and atr_dilation and timeframe.isintraday ? daily_s1+daily_atr_dilation : show_floor_pivots and show_daily_s1 and atr_dilation and not timeframe.isintraday ? daily_s1 : na, title = "S1", color = color.new(floor_pivots_s_color, atr_dilation and timeframe.isintraday ? 100 : 0), linewidth = 1, style = plot.style_circles)
s2a = plot(show_floor_pivots and show_daily_s2 and not atr_dilation ? daily_s2 : show_floor_pivots and show_daily_s2 and atr_dilation and timeframe.isintraday ? daily_s2+daily_atr_dilation : show_floor_pivots and show_daily_s2 and atr_dilation and not timeframe.isintraday ? daily_s2 : na, title = "S2", color = color.new(floor_pivots_s_color, atr_dilation and timeframe.isintraday ? 100 : 0), linewidth = 1, style = plot.style_circles)
s3a = plot(show_floor_pivots and show_daily_s3 and not atr_dilation ? daily_s3 : show_floor_pivots and show_daily_s3 and atr_dilation and timeframe.isintraday ? daily_s3+daily_atr_dilation : show_floor_pivots and show_daily_s3 and atr_dilation and not timeframe.isintraday ? daily_s3 : na, title = "S3", color = color.new(floor_pivots_s_color, atr_dilation and timeframe.isintraday ? 100 : 0), linewidth = 1, style = plot.style_circles)
s4a = plot(show_floor_pivots and show_daily_s4 and not atr_dilation ? daily_s4 : show_floor_pivots and show_daily_s4 and atr_dilation and timeframe.isintraday ? daily_s4+daily_atr_dilation : show_floor_pivots and show_daily_s4 and atr_dilation and not timeframe.isintraday ? daily_s4 : na, title = "S4", color = color.new(floor_pivots_s_color, atr_dilation and timeframe.isintraday ? 100 : 0), linewidth = 1, style = plot.style_circles)
// ATR Dilated Negative Plots
p1b = plot(show_floor_pivots and show_daily_pivot and atr_dilation and timeframe.isintraday ? daily_pivot-daily_atr_dilation : na, title = "DPivot", color = color.new(floor_pivots_p_color, atr_dilation and timeframe.isintraday ? 100 : 0), linewidth = 1, style = plot.style_circles)
r1b = plot(show_floor_pivots and show_daily_r1 and atr_dilation and timeframe.isintraday ? daily_r1-daily_atr_dilation : na, title = "DR1", color = color.new(floor_pivots_r_color, atr_dilation and timeframe.isintraday ? 100 : 0), linewidth = 1, style = plot.style_circles)
r2b = plot(show_floor_pivots and show_daily_r2 and atr_dilation and timeframe.isintraday ? daily_r2-daily_atr_dilation : na, title = "DR2", color = color.new(floor_pivots_r_color, atr_dilation and timeframe.isintraday ? 100 : 0), linewidth = 1, style = plot.style_circles)
r3b = plot(show_floor_pivots and show_daily_r3 and atr_dilation and timeframe.isintraday ? daily_r3-daily_atr_dilation : na, title = "DR3", color = color.new(floor_pivots_r_color, atr_dilation and timeframe.isintraday ? 100 : 0), linewidth = 1, style = plot.style_circles)
r4b = plot(show_floor_pivots and show_daily_r4 and atr_dilation and timeframe.isintraday ? daily_r4-daily_atr_dilation : na, title = "DR4", color = color.new(floor_pivots_r_color, atr_dilation and timeframe.isintraday ? 100 : 0), linewidth = 1, style = plot.style_circles)
s1b = plot(show_floor_pivots and show_daily_s1 and atr_dilation and timeframe.isintraday ? daily_s1-daily_atr_dilation : na, title = "DS1", color = color.new(floor_pivots_s_color, atr_dilation and timeframe.isintraday ? 100 : 0), linewidth = 1, style = plot.style_circles)
s2b = plot(show_floor_pivots and show_daily_s2 and atr_dilation and timeframe.isintraday ? daily_s2-daily_atr_dilation : na, title = "DS2", color = color.new(floor_pivots_s_color, atr_dilation and timeframe.isintraday ? 100 : 0), linewidth = 1, style = plot.style_circles)
s3b = plot(show_floor_pivots and show_daily_s3 and atr_dilation and timeframe.isintraday ? daily_s3-daily_atr_dilation : na, title = "DS3", color = color.new(floor_pivots_s_color, atr_dilation and timeframe.isintraday ? 100 : 0), linewidth = 1, style = plot.style_circles)
s4b = plot(show_floor_pivots and show_daily_s4 and atr_dilation and timeframe.isintraday ? daily_s4-daily_atr_dilation : na, title = "DS4", color = color.new(floor_pivots_s_color, atr_dilation and timeframe.isintraday ? 100 : 0), linewidth = 1, style = plot.style_circles)
// CPR Band
tcline = plot(show_cpr and show_daily_pivot and not atr_dilation ? daily_tc : show_cpr and show_daily_pivot and atr_dilation and timeframe.isintraday ? daily_tc+daily_atr_dilation : show_cpr and show_daily_pivot and atr_dilation and not timeframe.isintraday ? daily_tc : na, title = "TC", color = color.new(floor_pivots_cpr_color, atr_dilation and timeframe.isintraday ? 100 : 0), linewidth = 1, style = plot.style_circles)
bcline = plot(show_cpr and show_daily_pivot and not atr_dilation ? daily_bc : show_cpr and show_daily_pivot and atr_dilation and timeframe.isintraday ? daily_bc-daily_atr_dilation : show_cpr and show_daily_pivot and atr_dilation and not timeframe.isintraday ? daily_bc : na, title = "BC", color = color.new(floor_pivots_cpr_color, atr_dilation and timeframe.isintraday ? 100 : 0), linewidth = 1, style = plot.style_circles)
fill(tcline, bcline, color = color.new(floor_pivots_cpr_color, show_cpr and show_daily_pivot ? 75 : 100))
// Fill ATR Dilated bands
fill(p1a, p1b, color.new(floor_pivots_p_color, 75))
fill(r1a, r1b, color.new(floor_pivots_r_color, 75))
fill(r2a, r2b, color.new(floor_pivots_r_color, 75))
fill(r3a, r3b, color.new(floor_pivots_r_color, 75))
fill(r4a, r4b, color.new(floor_pivots_r_color, 75))
fill(s1a, s1b, color.new(floor_pivots_s_color, 75))
fill(s2a, s2b, color.new(floor_pivots_s_color, 75))
fill(s3a, s3b, color.new(floor_pivots_s_color, 75))
fill(s4a, s4b, color.new(floor_pivots_s_color, 75))
// Pivot Lables
if show_labels
chper = time - time[1]
chper := change(chper) > 0 ? chper[1] : chper
var label plabel = na
var label s1label = na, var label s2label = na, var label s3label = na, var label s4label = na
var label r1label = na, var label r2label = na, var label r3label = na, var label r4label = na
label.delete(plabel)
label.delete(s1label), label.delete(s2label), label.delete(s3label), label.delete(s4label)
label.delete(r1label), label.delete(r2label), label.delete(r3label), label.delete(r4label)
if show_floor_pivots and show_daily_pivot
plabel := label.new(x = timeframe.isintraday ? time + chper * 5 : time + chper, y = atr_dilation and timeframe.isintraday ? daily_pivot+daily_atr_dilation : daily_pivot, text = "Pivot", color = floor_pivots_p_color, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price)
if show_floor_pivots and show_daily_r1
r1label := label.new(x = timeframe.isintraday ? time + chper * 5 : time + chper, y = atr_dilation and timeframe.isintraday ? daily_r1+daily_atr_dilation : daily_r1, text = "R1", color = floor_pivots_r_color, textcolor=color.white, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price)
if show_floor_pivots and show_daily_r2
r2label := label.new(x = timeframe.isintraday ? time + chper * 5 : time + chper, y = atr_dilation and timeframe.isintraday ? daily_r2+daily_atr_dilation : daily_r2, text = "R2", color = floor_pivots_r_color, textcolor=color.white, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price)
if show_floor_pivots and show_daily_r3
r3label := label.new(x = timeframe.isintraday ? time + chper * 5 : time + chper, y = atr_dilation and timeframe.isintraday ? daily_r3+daily_atr_dilation : daily_r3, text = "R3", color = floor_pivots_r_color, textcolor=color.white, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price)
if show_floor_pivots and show_daily_r4
r4label := label.new(x = timeframe.isintraday ? time + chper * 5 : time + chper, y = atr_dilation and timeframe.isintraday ? daily_r4+daily_atr_dilation : daily_r4, text = "R4", color = floor_pivots_r_color, textcolor=color.white, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price)
if show_floor_pivots and show_daily_s1
s1label := label.new(x = timeframe.isintraday ? time + chper * 5 : time + chper, y = atr_dilation and timeframe.isintraday ? daily_s1+daily_atr_dilation : daily_s1, text = "S1", color = floor_pivots_s_color, textcolor=color.white, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price)
if show_floor_pivots and show_daily_s2
s2label := label.new(x = timeframe.isintraday ? time + chper * 5 : time + chper, y = atr_dilation and timeframe.isintraday ? daily_s2+daily_atr_dilation : daily_s2, text = "S2", color = floor_pivots_s_color, textcolor=color.white, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price)
if show_floor_pivots and show_daily_s3
s3label := label.new(x = timeframe.isintraday ? time + chper * 5 : time + chper, y = atr_dilation and timeframe.isintraday ? daily_s3+daily_atr_dilation : daily_s3, text = "S3", color = floor_pivots_s_color, textcolor=color.white, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price)
if show_floor_pivots and show_daily_s4
s4label := label.new(x = timeframe.isintraday ? time + chper * 5 : time + chper, y = atr_dilation and timeframe.isintraday ? daily_s4+daily_atr_dilation : daily_s4, text = "S4", color = floor_pivots_s_color, textcolor=color.white, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price)
// Bonus Indicators
// Moving Averages
plot(vis1 ? val_ma1 : na, title="Moving Average 1", color=color.new(ma_1_color, 0), linewidth=1, offset=off1)
plot(vis2 ? val_ma2 : na, title="Moving Average 2", color=color.new(ma_2_color, 0), linewidth=1, offset=off2)
plot(vis3 ? val_ma3 : na, title="Moving Average 3", color=color.new(ma_3_color, 0), linewidth=1, offset=off3)
// Bollinger Band
plot(visbb and visbb_basis? basis : na, title="Bollinger Basis", color=bb_basis_color, offset = offbb)
p1 = plot(visbb ? upper : na, title="Bollinger Upper", color=bb_band_color, offset = offbb)
p2 = plot(visbb ? lower : na, title="Bollinger Lower", color=bb_band_color, offset = offbb)
fill(p1, p2, title="Bollinger Background", color=color.new(bb_bg_color, visbb ? 95 : 100))
Overview
A timeframe input sets the pivot period from one hour through twelve months, and toggles control labels and next-period levels. When dynamic levels are on, an ATR threshold decides which floor pivots appear. An optional ATR factor dilates intraday pivot levels. Three moving averages and a Bollinger Band can be shown as extra overlays. The script does not define entries, exits, or a stop loss.
- Floor pivots across selectable timeframes
- Central pivot range display
- ATR-threshold dynamic pivot levels
- ATR dilation of intraday pivots
- Optional moving averages and Bollinger Bands
Details
Published by
pranjalchaubey on GitHub
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
Support & resistance, Moving averages, Volatility & bands
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Floor Pivot Timeframe | string | D | floor_pivot_timeframe |
| Show Floor Pivots | bool | true | show_floor_pivots |
| Show CPR | bool | true | show_cpr |
| Show Pivot Lables | bool | true | show_labels |
| Show Next Time Period Pivots | bool | false | show_next_day_pivot |
| Show Floor Pivot Levels Dynamically | bool | true | dynamic_pivot_levels |
| Dynamic Pivot ATR Period | int | 14 | dynamic_pivot_atr_period |
| ATR Threshold for Dynamic Floor Pivots | float | 2.0 | dynamic_pivot_atr_threshold |
| Use ATR to Dilate Intraday Pivot Levels | bool | true | atr_dilation |
| ATR Dilation Factor | float | 0.05 | atr_multiplier |
| ATR Period | int | 14 | atr_period |
| Enable 1st Moving Average | bool | true | vis1 |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Moving Average Type | string | SMA | ma1 |
| Moving Average 1 Length | int | 13 | len1 |
| Moving Average 1 Source | source | close | src1 |
| Moving Average 1 Offset | int | 0 | off1 |
| Enable 2nd Moving Average | bool | true | vis2 |
| Moving Average Type | string | SMA | ma2 |
| Moving Average 2 Length | int | 21 | len2 |
| Moving Average 2 Source | source | close | src2 |
| Moving Average 2 Offset | int | 0 | off2 |
| Enable 3rd Moving Average | bool | true | vis3 |
| Moving Average Type | string | SMA | ma3 |
| Moving Average 3 Length | int | 55 | len3 |
| Moving Average 3 Source | source | close | src3 |
| Moving Average 3 Offset | int | 0 | off3 |
| Enable Bollinger Band | bool | true | visbb |
| Show Bollinger Basis | bool | false | visbb_basis |
| BB Length | int | 20 | lenbb |
| BB Source | source | close | srcbb |
| BB StdDev | float | 2.0 | mult |
| BB Offset | int | 0 | offbb |
| Central Floor Pivot | color | color.new(color.yellow, 0) | floor_pivots_p_color |
| CPR Band | color | color.new(color.blue, 50) | floor_pivots_cpr_color |
| Floor Pivots Resistance Levels | color | color.new(color.red, 0) | floor_pivots_r_color |
| Floor Pivots Support Levels | color | color.new(color.lime, 0) | floor_pivots_s_color |
| Moving Average 1 | color | color.new(color.red, 0) | ma_1_color |
| Moving Average 2 | color | color.new(color.yellow, 0) | ma_2_color |
| Moving Average 3 | color | color.new(color.aqua, 0) | ma_3_color |
| Bollinger Band Basis | color | color.new(color.rgb(255,109,0), 0) | bb_basis_color |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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