Pivotpointbreak — Indicators and Strategies

Reward-Risk Visual Zones (RRZ)Reward–Risk Visual Zones (RRZ) – Structure-Driven Risk Mapping Engine Most indicators tell you when to trade. RRZ is designed to answer a different question: “Is this setup worth the risk before I take the trade?” RRZ is not a mashup of unrelated indicators. It is a 3-stage risk engine that builds a complete trade “story” around each swing: 1. Market structure pivot → defines the trade idea 2. ATR volatility unit → defines the risk size 3. Projected reward → compares reward vs that risk and filters bad setups The output is a visual trade map : entry, target, stop, and R:R, printed directly on chart at each qualified swing. 1. Market Structure Layer – Where trades are anchored RRZ doesn’t fire signals from MA/RSI crossovers. It begins with s wing structure : • Uses ta.pivotlow() and ta.pivothigh() with user-controlled left/right sensitivity: • Pivot Sensitivity (L) controls how wide a swing must be to qualify as a structural pivot. • Pivot Confirmation (R) controls how fast/slow a pivot is confirmed (1 = almost real-time, larger values = safer but later). • A confirmed swing low becomes the candidate anchor for a long R:R zone. • A confirmed swing high becomes the candidate anchor for a short R:R zone. Each pivot is stored with its exact price and bar index , so the rest of the logic is always anchored to a real swing instead of a random candle. 2. Volatility Layer – Turning ATR into a “risk unit” Once a pivot is confirmed, RRZ measures local volatility using ATR: • ATR length is configurable via ATR Length. • ATR is not used as a trailing stop or overlay. In RRZ it plays one specific role: “One ATR = one unit of structural risk from this swing.” From that: Long scenario: • Entry = pivot low • Stop = Entry − 1 × ATR Short scenario: • Entry = pivot high • Stop = Entry + 1 × ATR This standardizes risk across different volatility regimes: a 2R move in a quiet market and a 2R move in a volatile market are both “2 × ATR” from the structure. 3. Reward Projection Layer – Evaluating if the trade is worth it RRZ then estimates how far price can realistically travel away from the pivot, given recent behaviour: For longs (from swing low): • Projects reward using the highest high in a rolling lookahead window (e.g., last 20 bars). • Reward = HighestHigh – PivotLow • Risk = ATR • R:R = Reward / ATR For shorts (from swing high): • Projects reward using the lowest low in the window. • Reward = PivotHigh – LowestLow • Risk = ATR • R:R = Reward / ATR The user can set a minimum R:R filter via Min R:R Threshold. • If R:R ≥ threshold → zone is tagged as “ GOOD R:R ” and highlighted in green (long) or red (short). • If R:R < threshold → optionally still shown as “ LOW R:R ” in orange (so you can visually see “tempting but not worth it” trades). This transforms a raw pivot + ATR into a quantified decision: “From this swing, volatility says my stop is 1× ATR. Do I even have 2× ATR of room in my favour?” 4. Execution Map – How components work together on chart Instead of just printing numbers, RRZ builds a full execution template for every qualifying swing: • Entry line at the pivot price • Target line at the reward projection price • Stop line at pivot ± ATR • A structured label including: • LONG / SHORT direction • “GOOD R:R” or “LOW R:R” • Numerical R:R (e.g., 2.3 : 1) • Entry, Target, Stop, current Close A Cooldown Bars parameter prevents overlapping spam: • After an R:R zone is created (long or short), the script waits X bars before considering another zone in the same direction. • This keeps charts readable and focuses attention on the most recent high-quality swings. RRZ also includes line style controls (solid/dashed/dotted) and separate colours for entry, target, and stop, so traders can quickly read the chart even without opening settings. 5. How to Use RRZ in a Trading Plan RRZ is not a magic “buy/sell” button. It is designed to sit on top of your existing strategy as a risk filter. Typical workflows: SMC / price-action traders: • Use your own logic for BOS/CHoCH, order blocks, or liquidity sweeps. • Use RRZ only where structure aligns and the zone shows GOOD R:R ≥ 2.0. • Avoid setups where RRZ marks LOW R:R even if the pattern looks good. System traders / swing traders: • Use RRZ to standardize risk across assets and timeframes. • Filter out trades where potential reward does not justify the stop, based on current ATR. Beginners: • Learn to stop taking trades where the target is too close and the stop is too wide. • Visually understand how structural swings and volatility interact. RRZ works across Forex, Crypto, Indices, and Stocks on intraday and higher timeframes. Once a pivot is confirmed and a zone is plotted, its lines and labels do not repaint. ⸻ 6. Why this invite-only script is more than a basic mashup RRZ does use classic building blocks (pivots, ATR), but the value is in the way they are stitched into a single risk framework: • It doesn’t run multiple separate indicators on chart. Everything is computed inside one engine with a single purpose: structure-based R:R evaluation. • ATR is not just “slapped on” as a stop line; it is treated as the core risk unit in the R:R calculation pipeline. • Every zone is a coherent trade idea: from swing, to risk unit, to projected reward, to filtered label, to execution lines. • The script is designed specifically to help traders do the one thing that almost no free indicator prioritizes: “Say NO to low R:R trades automatically.” This is what distinguishes RRZ from generic ATR-stop scripts or simple pivot overlays. ⸻ Important • No performance promises. • No marketing claims (“guaranteed”, “high win rate”, etc.). • Purely a risk mapping & visualization tool.

Smart Support & Resistance (My goal creating this indicator): Provide a way to categorize and label key structures on multiple different levels so I can create a plan based on those observable facts. The Underlying Concept / What is Momentum? Momentum indicates transaction pressure. If the algorithm detects price is going up, that would be considered positive momentum. If the algorithm detects price is going down negative momentum would be detected. The Momentum shown is derived from a price action pattern. Unlike my previous Support & Resistance indicator that used Super Trend, this indicator uses a unique pattern I created. On the first bar bearish momentum is detected a resistance Level is made at the highest point of the previous bullish condition. On the first bar bullish momentum is detected a support Level is made at the lowest point of the previous bearish condition. This happens on 5 different Momentum Levels, (short-term to long-term). I currently use this pattern to trade so the source code is protected. What is Severity? Severity is How we differentiate the importance of different Highs and Lows. If Momentum is detected on a higher level the Supply or Demand Level is updated. The Color and Size representing that Level will be shown. Demand and Supply Levels made by higher levels are more SEVERE than a demand level made by a lower level. Technical Inputs - to ensure the correct calculation of Support and Resistance levels change BAR_INDEX. BAR_INDEX creates a buffer at the start of the chart. For example: If you set BAR_INDEX to 300. The script will wait for 300 bars to elapse on the current chart before running. This allows the script more time to gather data. Which is needed in order for our dynamic lookback length to never return an error (Dynamic lookback length can't be negative or zero). The lower the timeframe the greater the number of bars need. For Example, if I open up a 1min chart I would enter 5000 as my BAR_INDEX since that will provide enough data to ensure the correct calculation of Support and Resistance levels. If I was on a daily chart, I would enter a lower number such as 800. Don't be afraid to play around with this. - Toggle options (Close) or (High & Low) creates Support and Resistance Levels using the Lowest close and Highest close or using the Lowest low and Highest high. Level Inputs - The indicator has 5 Different Levels indicating SEVEREITY of a Supply and Demand Levels. The higher the Level the more SEVERE the Level. Display Inputs - You have the option to customize the Length, Width, Line Style, and Colors of all 5 different - This indicator includes a Trend Chart. To Easily verify the current trend of any displayed by this indicator toggle on Chart On/Off. You also get the option to change the Chart Position and the size of the Trend Chart How Trend Is being Determined? (Close > Current Supply Level) if this statement is true technically price made a HH, so the trend is bullish. (Close < Current Demand Level) if this statement is true technically price made a LL, so the trend is bearish. - Fully customize how you display Market Structure on different levels. Line Length, Line Width, Line Style, and Line color can all be customized. How it can be used? (Examples of Different ways you can use this indicator): Easily categorize the severity of each and every Supply or Demand Level in the market (The higher Level the stronger the level) : Quickly Determine the trend of any Level. : Get a consistent view of a market and how different Levels are behaving but just use one chart. : Take the discretion from hand drawing support and resistance lines out of your trading. : Find and categorize strong levels for potential breakouts. : Trend Analysis, use Levels to create a narrative based on observable facts from these Levels. : Different Targets to take money off the table. : Use Severity to differentiate between different trend line setups. : Find Great places to move your stop loss too.

Pivot Average [Misu]█ This Indicator is based on Pivot Points. It aggregates closed Pivot Points to determine a " Pivot Average " line. Pivot Points here refer to highs and lows. █ Usages: Pivot Average can be used as resistance or breakout area. It is also very usefull to find battle zones. It can also be used as a trend indicator: when the price is below, trend is down, when price is above, trend is up. Mixed with momentum/volatility indicator it is very powerfull. █ Parameters: Deviation: Parameter used to calculate pivots. Depth: Parameter used to calculate pivots. Length: History Lenght used to determine Pivot Average. Smoothing MA Lenght: MA lenght used to smooth Pivot Average. Close Range %: Define price percentage change required to determine close pivots. Color: Color of the Pivot Average.