Indicator · Pine Script v6 · On the chart

[FS] Pivot Measurements

by flasomm

A price-chart overlay that marks regular pivot highs and lows using a configurable pivot length, plus missed pivots that occurred between them, joined by zigzag lines.

View on GitHub

GitHub stars1on the repository
Pine versionv6current
Lines of code323
Settings13inputs
LicenceNone stated
Last update11 months ago7 Nov 2025

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

[FS] Pivot Measurements measures each move between consecutive pivots, showing price change in points and percent, duration in bars and time, and approximate volume, in colored boxes with labels. Settings control pivot length, how many measurements are kept, colors and transparency. Pivots are confirmed only after the pivot length has passed, so marks appear late.

Details

Published by

flasomm on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Category

Support & resistance

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.

SettingTypeDefaultVariable
Pivot Lengthint50pivot_length
Regular Pivotsbooltrueshow_reg
Highcolor#ef5350reg_ph_css
Lowcolor#26a69areg_pl_css
Missed Pivotsbooltrueshow_miss
Highcolor#ef5350miss_ph_css
Lowcolor#26a69amiss_pl_css
Number of Measurementsint10max_measurements
Show Measurement Boxesbooltrueshow_boxes
Box Transparencyint90box_transparency
Border Transparencyint50border_transparency
Label Background Transparencyint30label_bg_transparency
Show all 13 settings
SettingTypeDefaultVariable
Label Sizestringsmalllabel_size
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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