INVITE-ONLY SCRIPT
Updated

Pivot Points - D&W

51
This is a pivot point indicator of supports, projected over time. It shows the user all the possible supports from PP to S5, helping the trader to easily identify the possible landing zones of the price. Through the settings it is possible to show the traditional pivots or the Fibonacci pivots, it is also possible to choose whether to display only the prices or also the lines. Again through the settings it is possible to modify the graphics of lines and labels to your liking and choose whether to display the pivots of the daily timeframe (D) or those of the weekly timeframe (W), directly in your favorite timeframe for consulting the graphs.
Finally, it is possible to set alerts at the touch of each single level in progress, in order to always have the price under control.
Combine it with your trading tools and it will be a guide to action for you!
Release Notes
updated to pine script v5

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.