Pivot Tracker — Indicator by imbes2

trendanalysis movingaverage pivot high low track long short analysis

This script finds swing lows and swing highs based on input criteria for lookback and lookforward periods, and plots letters accordingly.

Helps identify trend or lacktherof

HH = higher high
LH = lower high
HL = higher low
LL = lower low

Release Notes:

Fixed bugs
Added customizable text placement

Release Notes:

Updated to include toggleable option to display the price at each pivot.

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

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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