Ian_Carsen

Camarilla Pivots (D,W,M) Secrets of a Pivot Boss

Primarily for equities as no provision has been made to control the timing at which the open close high low are determined, indeed, I see no straightforward mechanism to do so in Pinescript.

Development aided by: but with the entirely different calculations presented in "Secrets of a Pivot Boss" by Franklin Ochoa. And far cleaner and less-redundant code.

To trade the indicator, watch the H3,H4,H5 and L3,L4,L5 bars. There are two built-in strategies. Depending on pivot width, sell at H3 and buy at L3 with stop at H4/L4 or above. For strongly trending environments: buy at H4, cover at H5--similarly for downtrends.
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Comments

Can you please share the script of its strategy tester that needs to appended in this code?
Reply
@NEO_07, I never created a strategy tester script. Would be cool tho! Let me know if you create one.
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Hi Ian ,thank you for developing such a good indicator,
can you please check why we do not get the current day levels?
it takes around 30 min to load them and in the first 15-20 min when the market opens, we do not have them.
Is this smth that you have limited yourself?
+2 Reply
Ian_Carsen Time_Oracle
@Time_Oracle, that may be because the data is not real time? The code is taking the value of the previous data (daily, weekly, monthly bar) so maybe the new bar has to start being formed before this works. Maybe you can improve it, see the section about "barmerge.lookahead_on" here: https://www.tradingview.com/pine-script-docs/en/v4/essential/Context_switching_the_security_function.html
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Time_Oracle Ian_Carsen
@Ian_Carsen, I found a solution ,if go to daily and you click in the level,it will show as dots.not ideal but its a work around.thank you for the reply
Reply
Thank you for sharing.
+3 Reply
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