lignin

Alto Basso Swing Pivots + Barry Support Resistance Levels

lignin Updated   
2 indicators, 1 script: swing pivots and Barry support resistance levels

Alto

high swing pivot

Basso

low swing pivot

Dal Segno

lookback period length for swing pivots

Barry Length

length for support resistance calculation

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  • Use swing pivots for confirmation of new structure levels on short term

  • Barry support resistance levels in proximity to standard pivots or Fibonacci levels may indicate greater strength

credit to BacktestRookies and likebike

stay ♯

Example: Dal Segno 13, Barry Length 21
Release Notes:
Added Smoothed Moving Average (SMMA)
Release Notes:
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Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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