1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
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
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
Pivot Points Standard supports Traditional, Fibonacci, Woodie, Classic, Demark, and Camarilla calculations and can show daily, weekly, and monthly levels together. Users choose how many past pivots to keep, whether values use daily-based data, and which pivot and support or resistance pairs to display. Optional labels sit left or right of the lines. The code reads higher-timeframe data with lookahead enabled.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Type
string
Traditional
kind
Show Daily Pivots
bool
true
show_daily_pivots
Show Weekly Pivots
bool
true
show_weekly_pivots
Show Monthly Pivots
bool
true
show_monthly_pivots
Number of Pivots Back
int
15
look_back
Use Daily-based Values
bool
true
is_daily_based
Show Labels
bool
true
show_labels
position_labels
string
Left
position_labels
P
bool
true
p_show
p_color
color
DEF_COLOR
p_color
S1/R1
bool
true
s1r1_show
s1r1_color
color
DEF_COLOR
s1r1_color
Show all 20 settings
Setting
Type
Default
Variable
S2/R2
bool
true
s2r2_show
s2r2_color
color
DEF_COLOR
s2r2_color
S3/R3
bool
true
s3r3_show
s3r3_color
color
DEF_COLOR
s3r3_color
S4/R4
bool
true
s4r4_show
s4r4_color
color
DEF_COLOR
s4r4_color
S5/R5
bool
true
s5r5_show
s5r5_color
color
DEF_COLOR
s5r5_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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