Moving Average Channel plots separate simple moving averages for upper and lower bands on the price chart. It fills the space between bands with semi-transparent color and colors bars green above the upper band, red below the lower band, or gray in between. Us
Indicator · Pine Script v6 · On the chart
Pivot Levels
Pivot Levels identifies key structural high and low turning points on the price chart using customizable left and right bar confirmation periods.
GitHub stars1on the repository
Pine versionv6current
Lines of code37
Settings3inputs
LicenceMPL-2.0
Last update4 days ago26 Oct 2026
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
37 lines of Pine Script v6 from scripts/pivot-levels.pine.txt, published under MPL-2.0. Keep the author's credit and licence lines when you reuse it.
//@version=6
indicator("Pivot Levels", overlay = true, max_lines_count = 100)
// 1. Settings: how many candles make a turning point
leftBars = input.int(10, "Candles to the left", minval = 1)
rightBars = input.int(10, "Candles to the right", minval = 1)
showLines = input.bool(true, "Draw the levels")
// 2. Find the turning points
pivotHigh = ta.pivothigh(high, leftBars, rightBars)
pivotLow = ta.pivotlow(low, leftBars, rightBars)
// 3. Remember the last line we drew, so we can extend it
var line resistLine = na
var line supportLine = na
// 4. A new pivot high means a new resistance level
if not na(pivotHigh) and showLines
resistLine := line.new(bar_index - rightBars, pivotHigh, bar_index,
pivotHigh, color = color.red, width = 2)
// 5. A new pivot low means a new support level
if not na(pivotLow) and showLines
supportLine := line.new(bar_index - rightBars, pivotLow, bar_index,
pivotLow, color = color.green, width = 2)
// 6. Stretch both lines to the newest candle
if not na(resistLine)
line.set_x2(resistLine, bar_index)
if not na(supportLine)
line.set_x2(supportLine, bar_index)
// 7. Alert when price breaks the newest level
resPrice = na(resistLine) ? na : line.get_y2(resistLine)
supPrice = na(supportLine) ? na : line.get_y2(supportLine)
alertcondition(ta.crossover(close, resPrice), "Broke resistance")
alertcondition(ta.crossunder(close, supPrice), "Broke support")
Overview
Pivot Levels calculates pivot highs and lows to plot horizontal resistance and support lines directly on the main chart pane. These lines automatically extend to the current bar to highlight active levels. The indicator includes built-in alert conditions for price breakouts above resistance or below support. Note that pivot points require right-side bar confirmation, so levels are identified after a delay equal to the specified right bars.
- Customizable left and right pivot confirmation bar counts
- Dynamic horizontal support and resistance line plotting
- Automatic line extension to the latest bar
- Breakout alerts for resistance crossovers and support crossunders
Details
Published by
jayadevrana on GitHub
Type
Draws
On the price chart
Category
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.
Topics
algorithmic-tradingbacktestingema-crossoverpine-scriptpine-script-v6pinescriptrsitechnical-analysistrading-automationtrading-indicators
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Candles to the left | int | 10 | leftBars |
| Candles to the right | int | 10 | rightBars |
| Draw the levels | bool | true | showLines |
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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