QuantNomad

Fibonacci Pivot Points Alerts

Created a script for alerts on Fibonacci Pivot Points .
You will be able to create separate alerts for every level or create one for price crossing any level.
Because of some TradingView limitations, alerts won't be fired for the first bar of the session. Will try to solve that in the new versions.
In the script used new v4 plotting features, so will be able to plot levels and labels nicely. Unfortunately, there is a limit on the number of consecutive lines you can plot on the plot (around 50), so lines in the past will disappear.

And remember:
Past performance does not guarantee future results.
Release Notes: Changing max_bars_back param
Release Notes: minor changes
Release Notes: Minot fixes v2
Release Notes: Cleaning the code
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.

Want to use this script on a chart?
Courses:
PineScript Programming: https://qntly.com/pinepro
TradingView Essential: https://qntly.com/tve

Access to Pro Indic.: https://qntly.com/proind

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Discord: https://qntly.com/discord
Telegram: https://qntly.com/tel

Comments

Hi Nomad,

Brilliant work here! Thanks for sharing. I encounter an error when I try to set the timeframe to 1min candles. It returns as:" Pine cannot determine the referencing length of a series..." Can you try to debug that?
+3 Reply
kushrolled100 UnknownUnicorn6624518
@UnknownUnicorn6624518, I did a quick workaround by adding "max_bars_back = 600" within the study function at the top there for the pivot lines to show up on my 1-minute and 2-minute charts. I hope QuantNomad will add a proper fix for these time frames in the future! Until then, this will have to do.
+4 Reply
@kushrolled100, Great info. Thanks for sharing, brother.
Reply
kushrolled100 UnknownUnicorn6624518
@UnknownUnicorn6624518, Lol after I replied that I realized 600 was a bit too low... 1000 seems to be more consistent.
Reply
@kushrolled100, haha, I was just backtesting it. 600 wouldn't work, but 1000 nails it :)
Reply
Robin114 kushrolled100
@kushrolled100, Bro can you please share a screenshot of where you put "max_bars_back = 600" ? i am new. i don't understand pine that much. Thanks :)
Reply
Thanks
Reply
In this pivot can combine rsi indicator , it will be great if it can be done.
Reply
better lines...
Reply
hey splendid work man, is there anyway you can add vwap indicator with is?
Reply
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