QuantNomad

Pivot of Pivot Reversal Strategy [QuantNomad]

Continue looking for more signifcant pivot points .
This script is based on my "Significant Pivot Reversal Strategy".
In this strategy I use concept of pivot of pivot points .
So for PoP I require that pivot highs point should have 2 lower pivot highs points around them and pivot low 2 higher pivot lows points.
Transparent lines represent usual pivot levels ints.
Not transparent lines represent pivot of pivot levels.

Link to original script:
Release Notes: Adding condition for the correct order of SL and SH (SH > SL)
Release Notes: Fixed bug with entries

Courses:
Pine Programming v5: https://qntly.com/pineprog
Adv.Pine Use-Cases: https://qntly.com/advpine

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

Hire Me: https://qntly.com/hirepine
Telegram: https://qntly.com/tel
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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