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Indicator · Pine Script v6 · On the chart
Pivot Points [trugurpala]
The indicator calculates classic pivot points from the previous day's high, low, and close using request.security.
Repaints
GitHub stars4on the repository
Pine versionv6current
Lines of code28
Settings1inputs
LicenceMIT
Last update2 months ago3 Aug 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
28 lines of Pine Script v6 from examples/indicators/08_pivot_points.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.
//@version=6
// Classic Pivot Points (Daily) — github.com/trugurpala/pinescriptv6
// Author: Ugur Pala · mail@ugurpala.com
indicator("Pivot Points [trugurpala]", overlay=true)
// ── Inputs ───────────────────────────────────────────────────────────────────
bool showLabels = input.bool(true, "Show Labels")
// ── Calculations — Previous day data ─────────────────────────────────────────
[pHigh, pLow, pClose] = request.security(syminfo.tickerid, "D",
[high[1], low[1], close[1]], lookahead=barmerge.lookahead_on)
float pp = (pHigh + pLow + pClose) / 3
float r1 = 2 * pp - pLow
float s1 = 2 * pp - pHigh
float r2 = pp + (pHigh - pLow)
float s2 = pp - (pHigh - pLow)
float r3 = pHigh + 2 * (pp - pLow)
float s3 = pLow - 2 * (pHigh - pp)
// ── Visuals ──────────────────────────────────────────────────────────────────
plot(pp, "PP", color.orange, linewidth=2)
plot(r1, "R1", color.new(color.red, 40), linewidth=1)
plot(r2, "R2", color.new(color.red, 20), linewidth=1)
plot(r3, "R3", color.red, linewidth=2)
plot(s1, "S1", color.new(color.green, 40), linewidth=1)
plot(s2, "S2", color.new(color.green, 20), linewidth=1)
plot(s3, "S3", color.green, linewidth=2)
Overview
Pivot Points [trugurpala] plots the central pivot (PP) along with resistance levels R1 R2 R3 and support levels S1 S2 S3 directly on the price chart. The only setting showLabels toggles whether text labels appear for each level. The indicator draws on the current price chart using daily bar data and provides no trade signals position sizing or stop loss. It has no repaint behavior.
- pivot points
- daily levels
- R1 R2 R3
- S1 S2 S3
- show labels
Details
Published by
trugurpala on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Support & resistance
Markets
Any symbol
Timeframes
H4 and above
Risk Notes
- Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time
Topics
aialgorithmic-tradingclaude-codecodexcoding-agentsgithub-copilotopen-sourcepine-scriptpine-script-v6technical-analysis
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Show Labels | bool | true | showLabels |
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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