Pivot Range Pivot Boss Monthly by Abdulla — Indicator by alawadi

Pivot Range Pivot Boss Monthly by Abdulla

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.

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//Created by Abdulla
study(title="Pivot Range", shorttitle="A_PivotR", overlay=true) 
sd = input(true, title="Show Monthly Pivots?")

//Pivot Range Calculations - Mark Fisher
pivot = (high + low + close ) / 3.0 
bc = (high + low ) / 2.0 
tc = (pivot - bc) + pivot

//Monthly Pivot Range 
mtime_pivot = security(tickerid, 'M', pivot[1]) 
mtime_bc = security(tickerid, 'M', bc[1]) 
mtime_tc = security(tickerid, 'M', tc[1]) 

offs_monthly = 0 
plot(sd and mtime_pivot ? mtime_pivot : na, title="Monthly Pivot",style=circles, color=fuchsia,linewidth=3) 
plot(sd and mtime_bc ? mtime_bc : na, title="Monthly BC",style=circles, color=blue,linewidth=3)
plot(sd and mtime_tc ? mtime_tc : na, title="Monthly TC",style=circles, color=blue,linewidth=3)