Indicator · Pine Script v5 · On the chart

Pivot Points Standard + TD + TL

by msongkiet

This indicator calculates and plots standard pivot points along with multiple support (S1-S5) and resistance (R1-R5) levels directly on the price chart.

View on GitHub

Repaints

GitHub stars16on the repository
Pine versionv5runs as is
Lines of code547
Settings40inputs
LicenceNone stated
Last update2 years ago31 Aug 2024

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

Users can select from several calculation methods, including Traditional, Fibonacci, Woodie, Classic, DeMark, and Camarilla, anchored to automated or explicit higher timeframes ranging from daily to multi-year cycles. Inputs allow toggling individual level visibility, adjusting line widths, configuring colors, and displaying customizable price labels on the left or right. Higher-timeframe data references may include lookahead behavior across historical periods.

Details

Published by

msongkiet on GitHub

Type

Indicator, Pine Script v5

Draws

On the price chart

Category

Support & resistance

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

  • Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
TypestringTraditionalpivotTypeInput
Pivots TimeframestringAutopivotAnchorInput
Number of Pivots Backint15maxHistoricalPivotsInput
Use Daily-based ValuesbooltrueisDailyBasedInput
Show LabelsbooltrueshowLabelsInput
Show PricesbooltrueshowPricesInput
Labels PositionstringLeftpositionLabelsInput
Line Widthint1linewidthInput
PcolorDEFAULT_COLORpColorInput
pShowInputbooltruepShowInput
S1colorDEFAULT_COLORs1ColorInput
s1ShowInputbooltrues1ShowInput
Show all 40 settings
SettingTypeDefaultVariable
R1colorDEFAULT_COLORr1ColorInput
r1ShowInputbooltruer1ShowInput
S2colorDEFAULT_COLORs2ColorInput
s2ShowInputbooltrues2ShowInput
R2colorDEFAULT_COLORr2ColorInput
r2ShowInputbooltruer2ShowInput
S3colorDEFAULT_COLORs3ColorInput
s3ShowInputbooltrues3ShowInput
R3colorDEFAULT_COLORr3ColorInput
r3ShowInputbooltruer3ShowInput
S4colorDEFAULT_COLORs4ColorInput
s4ShowInputbooltrues4ShowInput
R4colorDEFAULT_COLORr4ColorInput
r4ShowInputbooltruer4ShowInput
S5colorDEFAULT_COLORs5ColorInput
s5ShowInputbooltrues5ShowInput
R5colorDEFAULT_COLORr5ColorInput
r5ShowInputbooltruer5ShowInput
Setup - Require price flip for initiationbooltruepriceFlipRequired
Setup - Show Buy SetupbooltrueshowBuySetup
Setup - Show Sell SetupbooltrueshowSellSetup
Setup - Show Only Completed NinesboolfalseshowOnlySetupNine
Setup Trend - Show Resistance LinesbooltrueshowResistance
Setup Trend - Show Support LinesbooltrueshowSupport
Countdown - Show Buy CountdownbooltrueshowBuyCountdown
Countdown - Show Sell CountdownbooltrueshowSellCountdown
Risk Lines - Show (Beta)boolfalseshowRiskLines
Swing Detection Lookbackint14length
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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