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
102 lines of Pine Script v4 from pivot-popints.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.
Price Change Rate by Pivot Points - Dynamic plots visual markers at detected pivots and draws lines with labels displaying percentage movements, prices, and retracement ratios relative to recent high and low points directly on the main price chart. Settings allow users to customize visible elements such as prices, retracement values, trend lines, and label anchor locations.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Pivot Point Period
int
30
prd
Show Pivot Points
bool
true
showpivot
Show retracement
bool
true
showret
Show Prices
bool
false
showprice
Show Lines
bool
true
showline
Show Label on current High/Low
bool
false
showoncurr
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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