Pivot Points Standard M, W, D (Monthly, Weekly & Daily) — Indicator by Vignesh-Vajiravel

pivotpointsandlevels pivotpoints supportandresistance pivotdaily pivotmonthly pivotweekly standardpivot traditionalpivots pivotdailyweeklymonthly fibonaccipivotpoints yearlypivot quarterlypivots

This script is based on Pivot Point Standard and is intended for educational purposes only.

"Pivot points are a technical indicator that is used to determine the levels at which price may face support or resistance.
Pivot Points indicator consists of a Pivot (P) level, several support (S) and several resistance (R)."

You can view the Daily timeframe - support/resistance.
You can view the Weekly timeframe - support/resistance.
You can view the Monthly timeframe - support/resistance.

Options to choose "Traditional" or "Fibonacci" or "Woodie" or "Classic" or "DM" or "Camarilla"
Options to choose historical pivots (Number of Pivots Back)

This tool can be handy in any trading process from short-long term trades or timeframes, multiple timeframe analysis, trend trades, swing trades, position trades, and momentum trades.

Credits
Credits to TradingView for original built-in source code

Release Notes:

July 2022 Update

Option to Change the Colour for Daily / Weekly / Monthly Pivots
Option to Show Prices

Release Notes:

Pivots Quarterly and Pivots Yearly Timeframe added

Option to Choose the Timeframe Daily / Weekly / Monthly / Quarterly / Yearly Pivots
Option to Change the Color for Daily / Weekly / Monthly / Quarterly / Yearly Pivots

Protected script

This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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