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Pivot Points

Malama's RSI (Linear Regression)Malama's RSI Linear Regression Channel is an advanced momentum tool that replaces static oscillator levels with a dynamic, statistical baseline. By fitting a Linear Regression Channel directly onto the Relative Strength Index (RSI), this indicator adapts to trending markets where traditional overbought/oversold levels often fail. The Problem with Standard RSI: In a strong uptrend, RSI can stay "overbought" (>70) for long periods, generating premature sell signals. Conversely, in a downtrend, it can hug the "oversold" zone (>30). The Solution: This script calculates a Dynamic Mean (Linear Regression Line) and Volatility Bands (Standard Deviations) based on the RSI's own history. This allows you to identify when momentum is statistically overextended relative to the current trend, rather than an arbitrary static number. Key Features: Adaptive Momentum Channel: Automatically draws a Regression Line (Mean) and Upper/Lower Deviation Bands on the RSI pane. Structural Pivot Labels: Uses a ZigZag algorithm to detect and label Higher Highs (HH), Lower Lows (LL), etc., helping you visualize momentum structure and potential divergence points. Statistical Dashboard: An on-chart table provides real-time data on the RSI Slope (Trend Direction), Standard Error (Volatility), and exact band values for precision entries. How to Use: Trend Filter: Check the "Slope" in the dashboard. A positive slope generally confirms a bullish trend; look for entries when RSI pulls back to the Middle Line. Mean Reversion: When RSI pierces the Upper or Lower Deviation Bands, it is a statistical anomaly. These extremes often precede a reversion to the mean (the Regression Line). Momentum Breakouts: A crossover of the Middle Line can signal a shift in the short-term momentum regime. Technical Methodology: The script utilizes a loop-based calculation to determine the Least-Squares Linear Regression Slope and Intercept for maximum precision, avoiding the lag often associated with simple moving average envelopes. It dynamically computes the standard error of the residuals to plot volatility bands that expand and contract with momentum variance. Disclaimer: This indicator is provided for educational purposes. Trading involves significant risk.
Pine Scriptยฎ indicator
by makenlegacy
4H Pivot Levels# 4-Hour Pivot Levels - Quick Guide ## What It Does Displays 4-hour pivot support and resistance levels on any timeframe chart with clear BUY (green) and SELL (red) labels. ## Installation 1. Open TradingView Pine Editor 2. Paste the script code 3. Save and "Add to Chart" ## Understanding the Levels **Pivot Point (P)** - Yellow line, central reference point - Price above = bullish bias - Price below = bearish bias **Support Levels (S1, S2, S3)** - Green "BUY" labels - Demand zones where price may bounce up - Use as long entry targets or short exit points - S1 strongest, S3 weakest **Resistance Levels (R1, R2, R3)** - Red "SELL" labels - Supply zones where price may reverse down - Use as short entry targets or long exit points - R1 strongest, R3 weakest ## How to Use **For Longs:** - Buy near green support levels - Target red resistance levels or pivot - Stop loss below the support level **For Shorts:** - Sell near red resistance levels - Target green support levels or pivot - Stop loss above the resistance level **For Ranging Markets:** - Buy support, sell resistance - Use pivot as mid-range guide ## Settings **Display:** Toggle pivot point, support, or resistance on/off **Line Extension:** Adjust how far lines project forward (default: 50 bars) **Colors:** Customize pivot (yellow), support (green), resistance (red) **Style:** Change line width (1-5) and style (solid/dashed/dotted) ## Tips - Works on any timeframe but best on 15min-4H charts - R1/S1 are typically the strongest levels - Always use with price action confirmation and stop losses - Levels update every 4 hours based on previous 4H candle - Combine with volume and other indicators for best results ## Quick Strategy 1. Identify the trend (above/below pivot) 2. Wait for price to approach a level 3. Look for confirmation (candlestick pattern, volume) 4. Enter with stop beyond the level 5. Target next level or pivot point
Pine Scriptยฎ indicator
by kb1ath
[uPaSKaL] Adaptive Swing StructureOverview : Adaptive Swing Structure identifies and labels swing structure using HH / HL / LH / LL and can optionally draw wave connectors between successive swing points. The goal is to provide a clean, practical view of market structure that remains readable across different market conditions. Instead of relying only on a classic fixed-window pivot scan (left/right bars), this indicator uses an adaptive swing-detection approach designed to better match how traders visually interpret legs and structure. Why this approach (vs. a simple pivot scan)? Classic pivot scans (e.g., โ€œpivot high/low with left/right barsโ€) are simple and widely used, but they often have practical limitations: They depend heavily on a fixed window size (too sensitive in chop, too slow in trends) They can mark pivots that are locally valid but not always representative of the broader leg They may produce frequent structure changes during ranges, reducing readability What you get with this indicator A more stable swing structure view that adapts to price movement Cleaner HH / HL / LH / LL labeling for context and decision-making Optional wave connectors to visually follow the swing path Visual comparison: The screenshots below illustrate the difference in how structure can appear when using a classic pivot scan versus Adaptive Swing Structure. Classic Pivot Points (High / Low): Adaptive Swing Structure (This Indicator): How to read the labels This indicator labels swing structure using the standard notation: HH = Higher High HL = Higher Low LH = Lower High LL = Lower Low How to interpret Wave Lines When enabled, wave lines connect successive swing points to help you visually track the current swing path and structural transitions. Inputs guide Tracer Line Len Main sensitivity control. Adjust this to fit the instrument and timeframe. Higher values โ†’ fewer swing points, smoother structure (macro view) Lower values โ†’ more swing points, more detail (micro view) Show Wick (High / Low) Line Shows the wick-based tracer (visual reference). More sensitive to extremes and wick behavior Useful when wicks matter (liquidity spikes / stop-runs) Show Body (Open / Close) Line Shows the body-based tracer (visual reference). Filters wick noise and often looks smoother Useful when you prefer structure based on candle bodies Show Slope Flip Labels Shows small markers that highlight swing turning moments (study/verification). Helpful for understanding where structure updates Optional and can be disabled for a cleaner chart Wave Labels (WICK) Shows HH/HL/LH/LL labels using wick-based swings. More responsive to wick extremes Wave Lines (WICK) Connects wick-based swing points with wave lines. Improves visual continuity of swings Wave Labels (BODY) Shows HH/HL/LH/LL labels using body-based swings. Typically smoother and less sensitive to wick spikes Wave Lines (BODY) Connects body-based swing points with wave lines. Cleaner wave path for body-based structure Max Wave Labels Kept (per Wick / Body) Limits the number of labels kept on the chart (older ones are removed first). Reduces clutter Helps maintain performance Max Wave Lines Kept (per Wick / Body) Limits the number of wave lines kept on the chart (older ones are removed first). Keeps the chart readable Helps maintain performance History Window (map size / scan clamp) Performance / stability control for how much recent history is considered. Higher values โ†’ more history considered, higher CPU usage Lower values โ†’ lighter execution, structure limited to more recent swings Usage / Tuning 1) Find โ€œyour numberโ€ for each market There is no universal best setting. The optimal Tracer Line Len depends on: Instrument volatility Your trading timeframe Whether you want micro structure or macro structure 2) Build a simple baseline Choose your chart timeframe (e.g., 4H). Start with a moderate Len (e.g., 10โ€“30). Increase or decrease Len until the swing structure matches how you would manually map it. 3) Practical โ€œtimeframe scalingโ€ intuition You can use Len to โ€œzoom outโ€ or โ€œzoom inโ€ structure without changing your chart timeframe. Example on 4H : If Len = 20 produces the swing structure you want for 4H decisions, keep it as your baseline. If you increase it to something like Len = 120 , the structure becomes much smoother and swing points appear less frequently. This means: 4H with a smaller Len โ†’ focuses on 4H-level swings (more detail). 4H with a much larger Len โ†’ filters many local swings and highlights broader legs (more โ€œhigher-timeframe-likeโ€ context). This is not a strict mathematical replacement for switching timeframes, but it is a practical and effective way to compress or expand structure density on the same chart. 4) Wick vs Body (which one to choose?) WICK : Choose when extreme wicks matter to your reading of structure. BODY : Choose when you want smoother structure and less sensitivity to wick spikes. 5) Suggested workflow for active traders Use one preset for local structure (entries / short-term decisions). Use a second preset with a larger Len for higher-level context (major swings / directional bias).
Pine Scriptยฎ indicator
by uPaSKaL
2
STRIKEZONE INDICATORSTRIKEZONE INDICATOR is an all-in-one trading tool designed for scalping, day trading, and swing trading. It combines an adaptive EMA based on trading mode, multi-timeframe SuperTrend, dynamic support and resistance levels, RSI, and a multi-TF dashboard for instant market clarity. The indicator provides: Main trend identification using EMA and SuperTrend Key support and resistance zones with breakout detection Filtered Buy and Sell signals aligned with the trend A multi-timeframe board showing SuperTrend and EMA alignment A Mega Signal when all timeframe conditions align and RSI remains neutral Perfect for spotting high-probability strike zones, improving entry timing, and trading confidently in the direction of the dominant trend.
Pine Scriptยฎ indicator
by bob_mafuka
Pivot Levels [BigBeluga]๐Ÿ”ต OVERVIEW The Pivot Levels indicator automatically detects and draws key market pivot levels across multiple sensitivity settings. Each pivot level represents a significant local high or low in price structure, acting as potential zones of support and resistance. Traders can visualize short-, medium-, and long-term pivot layers simultaneously, helping to identify where price may react, reverse, or break out. ๐Ÿ”ต CONCEPTS Different pivot lengths provide multi-length sensitivity on the same timeframe โ€” shorter lengths detect local micro-swings, while longer lengths capture broader swing structure within the current chart. ATR-based color logic marks active, bullish, or bearish pivot zones dynamically. Lines can extend to the right or both sides to track reactions over time. ๐Ÿ”ต FEATURES Detects up to four custom pivot levels simultaneously. Each pivot level has independent settings for length , style , and extension mode . Auto-colors each pivot as support (green), resistance (orange), or active zone (blue). Displays dual-width line layers: a solid base and a transparent overlay for visual depth. Dynamic price labels show exact pivot levels for clarity. Fully customizable line styles: dashed (--), solid (-), or dotted (..). Extends lines to the right for future reaction tracking or both directions for structure alignment. ๐Ÿ”ต HOW TO USE Enable or disable pivot levels (1โ€“4) to control how many layers of structure you want visible. Use shorter pivot lengths for intraday turning points and longer ones for macro structure. Watch for multiple pivot lines clustering in the same region โ€” these often mark strong reversal zones. Observe color changes: green = support, orange = resistance, blue = active neutral zone. Combine with price action or volume analysis to confirm reactions near major pivots. ๐Ÿ”ต CONCLUSION The Pivot Levels indicator provides a clean, multi-layered visualization of market structure. By tracking pivots of varying lengths, traders can easily identify overlapping support and resistance regions, gauge breakout strength, and align trades with the dominant structural zones visible across multiple time horizons.
Pine Scriptยฎ indicator
by BigBeluga
11
Custom Session ORB - Extending Past Current CandleCustom Session ORB - Extending Past Current Candle This indicator plots Opening Range Breakout (ORB) levels for one or two customizable trading sessions directly on your chart. It dynamically tracks the high, low, and midpoint of the defined session(s) and extends these levels beyond the session using a configurable offset. Features: Supports two custom sessions. New York and Asia pre-saved. Automatically tracks session High, Low, and Mid. Option to extend ORB levels past the live candle. Option to display only the most recent ORB for a clean chart. Configurable line thickness, style, and label size. Works in Eastern Standard Time (EST) without manual adjustment. Settings: Show Labels: Toggle to display ORB values on chart. Label Font Size: Small, Normal, Large. Mid Line Style: Solid, Dashed, or Dotted. ORB Line Thickness: Set line thickness of ORB levels. Extend Past Current Candle by N Bars: Controls how far the ORB extends visually. Show Only Current ORB: Cleans chart by removing previous session ORB levels. Enable Session 1 / 2: Toggle individual sessions on/off. Session Time: Set the start and end times for each session (automatically in EST). How It Works: The indicator monitors the defined session time, records the high, low, and midpoint, and draws lines at those levels. When the session ends, the lines are extended by the specified offset for easy breakout visualization. Labels can optionally show the exact price levels.
Pine Scriptยฎ indicator
by trinalavers
1
Liquidity ZonesLiquidity Zones Liquidity Zones is a price-actionโ€“based indicator designed to identify high-probability support and resistance areas where liquidity has historically accumulated. Instead of drawing single lines, the script builds dynamic price zones based on repeated pivot reactions validated by volume, helping traders focus on meaningful levels rather than noise. How It Works Pivot Detection The indicator scans historical price data for pivot highs and pivot lows using a fixed pivot strength. Each pivot represents a potential liquidity interaction point. Volume Qualification A pivot is only considered valid if the volume at the pivot bar exceeds: Volume SMA ร— Sensitivity This filters out weak or low-participation levels and keeps zones formed during strong market interest. Zone Construction Nearby pivots are grouped into a single zone if their price difference stays within an ATR-based threshold. Each time price reacts within this threshold, the zoneโ€™s touch count increases. Once the minimum number of touches is reached, a liquidity zone is drawn and extended to the right. Adaptive Zone Expansion As new qualifying pivots appear, zones automatically expand to reflect the true liquidity range instead of staying static. Dynamic Zone Coloring Zones update their color in real time based on price position: Green (Support) โ†’ Price is above the zone Red (Resistance) โ†’ Price is below the zone Gray (In-Zone) โ†’ Price is trading inside the zone This allows instant visual feedback on whether a level is acting as support, resistance, or an active liquidity area. Settings Overview Bars to Apply Controls how much historical data is scanned for liquidity zones. Volume Sensitivity Higher values require stronger volume spikes to validate pivots, resulting in fewer but higher-quality zones. Styling Options Fully customizable colors and transparency for support, resistance, and in-zone states. Best Use Cases Identifying high-liquidity support and resistance zones Planning entries, exits, and stop placement Combining with trend-following or momentum indicators Filtering out weak levels in sideways or choppy markets
Pine Scriptยฎ indicator
by ebecihalil
AperonFx Pivot Points 1.1This indicator plots ATR-based pivot levels with a clean, institutional layout. The central pivot (P) is calculated from the selected timeframe and price formula, while support and resistance levels are placed at equal distance steps above and below the pivot. Users can choose between an automatic step based on ATR or a fixed price step for fully controlled, symmetric levels. All levels are drawn as continuous segments that align precisely with the active pivot period. Price annotations are displayed in a minimal, unobtrusive style and always match the exact level values. The indicator is designed to remain consistent across chart timeframes without recalculation drift. It is intended for traders who want clear, structured reference levels rather than reactive signals.
Pine Scriptยฎ indicator
by maxim_5
FatihStrategy: Universal Pivot System v3.3.1FatihStrategy: Universal Pivot System v3.3.1 is an advanced technical analysis indicator that combines multi-timeframe pivot averages with EMA trend filters in a single visual system. ๐Ÿ”น How It Works Depending on the selected pivot mode, the indicator calculates and visualizes: Daily & 3-Day Average Pivots Weekly & 3-Week Average Pivots Monthly & 3-Month Average Pivots Yearly & 3-Year Average Pivots The difference between pivot levels is displayed as colored boxes: Red Box โ†’ Lower timeframe pivot zone Yellow Box โ†’ Higher timeframe pivot zone These zones help identify potential support, resistance, and consolidation areas. ๐Ÿ”น EMA Trend Support Optional exponential moving averages: 20 EMA 50 EMA 200 EMA can be enabled to assist with trend direction and trade filtering. ๐Ÿ”น Suitable For Day traders and swing traders Pivot-based strategies Traders looking for clear visual support/resistance zones Crypto, forex, and stock market analysis โš ๏ธ Disclaimer This indicator is not financial advice. Always use proper risk management and confirm signals with your own trading strategy.
Pine Scriptยฎ indicator
by fatihozturk
Daily/Weekly Swing Highs-Lows + Candle PatternsDescription Daily/Weekly Swing Highs-Lows + Candle Patterns This indicator plots the most recent Daily and Weekly Swing Highs and Lows (key support/resistance levels) using a simple and effective logic: a swing high/low is confirmed when the previous bar's extreme is higher/lower than both the current and the one before it. Features: โ€ข Daily Swing Highs/Lows (teal/maroon circles) โ€“ toggleable โ€ข Weekly Swing Highs/Lows (blue/purple circles) โ€“ optional โ€ข Visual separators for new daily and weekly bars (light background color) โ€ข Daily candle pattern labels (optional): - US = Up Swing (strong bullish continuation) - DS = Down Swing (strong bearish continuation) - IN = Inside Bar - OUT = Outside Bar โ€ข Daily close position labels (optional): - P = Positive (close in upper 25% of the range) - mP = minor Positive (50โ€“75%) - mN = minor Negative (25โ€“50%) - N = Negative (lower 25%) All elements are fully customizable (colors, visibility) and work on any timeframe. Best suited for intraday timeframes (1 min to 4 hours) where daily and weekly key levels provide important context for price action and reversals. The optional "Trading session length" input is mainly useful for markets with shorter sessions (e.g., European indices) and does not affect swing detection. Open-source, free to use and modify. How to Use the Indicator + Practical Use Case Key Settings (Inputs) Trading session length (hours) โ†’ Default 8.5 h (useful for FTSEMIB, DAX, etc.). Leave it as is unless you trade a market with a different session length. Daily Swing Levels โ†’ Show/Hide daily swing highs (teal) and lows (maroon). Weekly Swing Levels โ†’ Usually keep off on intraday charts to avoid clutter (turn on for higher-timeframe context). Daily Candle Patterns โ†’ Enable only if you want to see US/DS/IN/OUT labels on the daily close. Close Position (P/mP/mN/N) โ†’ Enable if you want to quickly see how strong/weak the daily close was. What You See on the Chart Teal circles = Last confirmed daily swing high (resistance). Maroon circles = Last confirmed daily swing low (support). Blue/purple circles (if enabled) = Weekly swing high/low. Light gray background = Start of a new trading day. Purple background (if weekly enabled) = Start of a new week. Small labels on daily close (if enabled): - US = strong bullish day - DS = strong bearish day - IN = inside bar (consolidation) - OUT = outside bar (expansion) - P/mP/mN/N = how far the close was from the high/low of the day. Best Timeframes 1 min to 240 min charts โ†’ Daily levels act as major support/resistance zones for intraday trading. Avoid using on daily or higher charts (the logic is designed for intraday context). Why this works well intraday: The daily swing high/low levels are high-probability zones where institutions and algorithms often defend positions. On intraday charts, they act as โ€œmagnetsโ€ for price, giving you clean entries and exits with clear invalidation levels. This indicator keeps your chart clean while providing exactly the context most intraday traders need: key daily levels + daily momentum context.
Pine Scriptยฎ indicator
by fpsantoro
Box Indicator - Auto Draw Previous Day's - High / Midline / LowThis indicator draws a box around the previous dayโ€™s high and low, calculates the midline, and displays them on the current dayโ€™s chart. It helps visualize key support/resistance levels from the prior trading day. This script gives you a static reference box from the prior dayโ€™s trading range, including a midpoint. Itโ€™s useful for spotting potential reversal zones, breakout levels, or intraday targets based on yesterdayโ€™s price action.
Pine Scriptยฎ indicator
by alexh1166
Gann High Low Strategy## Trend & Structure Strategy โ€” Overview This strategy is designed to follow directional market moves by using a **dynamic price reference** to identify transitions between strength and weakness. ### Core concept * It visually highlights when the market shifts from a **favorable phase** to an **unfavorable phase**, and vice versa. * Signals are generated only when price behavior shows **minimum structural consistency**, helping to avoid random or low-quality conditions. ### Entries & trade management * Entries aim to align with moments where price shows a **renewed directional intent**. * Trade management is based on **technical price references**, allowing risk and objectives to adapt naturally to the current market context. * Key directional and operational areas are clearly displayed on the chart to keep decision-making simple and visual. ### Best use cases * Performs best in markets with **clear directional movement** and readable transitions. * In very tight or choppy conditions, a more selective approach may be required. *This content is for educational purposes only. Always test on different markets and timeframes before live use.*
Pine Scriptยฎ strategy
by alblanz
Ichimoku Trading Checklist - 5 Rules๐Ÿง  Description This indicator implements a rule-based checklist built on Ichimoku Kinko Hyo, complemented with RSI and price structure, designed to help traders objectively evaluate whether a bullish setup is valid or not. โš ๏ธ This indicator does NOT generate buy or sell signals. โš ๏ธ It is NOT a trading system or financial advice. The core philosophy is discipline and consistency: If there is no setup, there is no trade. ________________________________________ โœ… The 5 Rules Evaluated 1. Chikou Span above price (26 bars back) Confirms that current price is above historical price, validating a bullish context. 2. Bullish TK Cross (Tenkan-sen > Kijun-sen) Measures bullish momentum within the Ichimoku framework. 3. Bullish divergence or convergence between RSI and price Evaluates relative strength using recent RSI pivots and price structure. 4. Kumo breakout followed by a valid pullback Requires a bullish cloud breakout and a pullback that respects the structure. 5. Bullish Kumo (green cloud / twist) Confirms that the Ichimoku cloud supports a bullish bias. ________________________________________ ๐Ÿšฆ Decision Traffic Light (Final Row) The last row of the table provides a traffic-light style summary: โ€ข ๐ŸŸข 5/5 rules met โ†’ Valid setup โ€ข ๐ŸŸก 1โ€“4 rules met โ†’ Incomplete setup โ€ข ๐Ÿ”ด 0 rules met โ†’ No trade Core message displayed: โ€œNo setup, No trade!โ€ ๐Ÿšซ ________________________________________ ๐ŸŽจ Customization Through the Inputs panel, users can customize: โ€ข Header, body, and footer background colors โ€ข Traffic-light colors and icons (๐ŸŸข ๐ŸŸก ๐Ÿ”ด) โ€ข Text alignment (left / center / right) โ€ข Optional rule counter (x/5) โš ๏ธ Tables do not use TradingViewโ€™s Style tab; all customization is handled via Inputs. ________________________________________ โฑ๏ธ Timeframe The indicator is timeframe-agnostic, but it was designed and tested primarily on the 1H timeframe, where Ichimoku and RSI structure tend to be more consistent. ________________________________________ โš ๏ธ Disclaimer This script is provided for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any asset. Trading involves risk, and all decisions remain the sole responsibility of the user. Remember that every strategy is based on probabilities and scenarios that you have already tested in hundreds of trades. ________________________________________ ๐Ÿ‘ค Author ยฉ Yesid Correa Cano Pine Script v6 License: Mozilla Public License 2.0 (MPL-2.0)
Pine Scriptยฎ indicator
by Yesid_Correa_Cano
Stepped Multi Timeframe MAs with PDH PDL TDH TDL Dynamic Labels Plots stepped (blocky) higherโ€‘timeframe moving averages and VWAP on the current chart (HMA/EMA/VWMA/SMA/VWAP toggles).โ€‹ Automatically switches MA source to the chartโ€™s timeframe on Daily/Weekly/Monthly (e.g., Weekly chart shows weekly MAs), while intraday charts can use a user-selected higher timeframe.โ€‹ Draws Previous Day High/Low (PDH/PDL) anchored from the exact candle that formed the level, then extends the line across the chart up to the latest bar.โ€‹ Draws Todayโ€™s High/Low (TDH/TDL) the same way, and updates dynamically as new intraday highs/lows are made (the anchor shifts to the new wick candle).โ€‹ Keeps labels readable by placing them above/below each line with no background and a clean grey style, and repositions label X based on the visible chart window (so labels stay at a consistent % from the right edge while you pan/zoom)
Pine Scriptยฎ indicator
by Bholenath420
Multi-Timeframe CPR Pattern AnalyzerMulti-Timeframe CPR + Advanced Pattern Analyzer A powerful, all-in-one indicator designed for professional price-action traders who use CPR (Central Pivot Range) as the core of their intraday, positional, and swing-trading strategies. This script automatically plots Daily, Weekly, and Monthly CPR, identifies major CPR patterns, highlights Developing / Next CPR, and displays everything neatly in an interactive dashboard. โœจ Key Features 1๏ธโƒฃ Daily, Weekly & Monthly CPR Fully configurable CPR for all three timeframes Clean plots with no vertical connector lines Automatic zone shading Adjustable line width, transparency, and colors 2๏ธโƒฃ Support & Resistance (S1โ€“S3, R1โ€“R3) Choose which timeframeโ€™s S/R you want Only plotted for the current day/week/month (no cluttering past charts) Helps traders identify reaction zones and breakout levels 3๏ธโƒฃ Next / Developing CPR A unique feature rarely found in CPR indicators. You can display: Developing Daily CPR Developing Weekly CPR Next Monthly CPR (after month close) All next/developing CPRs are plotted in a dashed style with optional transparency, plus labels: โ€œDeveloping Daily CPRโ€ โ€œDeveloping Weekly CPRโ€ โ€œNext Weekly CPRโ€ โ€œNext Monthly CPRโ€ This allows you to anticipate the next sessionโ€™s CPR in advance, a major edge for intraday, swing, and options traders. 4๏ธโƒฃ Advanced CPR Pattern Detection The script automatically detects all important CPR market structures: ๐Ÿ“Œ Narrow CPR Uses statistical percentiles based on historical CPR width Helps identify potential high-volatility breakout days ๐Ÿ“Œ CPR Width Contraction Detects compression zones Excellent for identifying trending days after tight ranges ๐Ÿ“Œ Ascending / Descending CPR Bullish trend continuation (Ascending) Bearish trend continuation (Descending) ๐Ÿ“Œ Virgin CPR Highlights untouched CPR zones Strong support/resistance zones for future days/weeks ๐Ÿ“Œ Overshoots Detects: Bullish Overshoot Bearish Overshoot Useful for understanding trend exhaustion. ๐Ÿ“Œ Breakouts Identifies when price breaks above TC or below BC, signaling trend shifts. ๐Ÿ“Œ Rejections Shows wick-based CPR rejections โ€” reversal cues used by many price-action traders. 5๏ธโƒฃ CPR Pattern Dashboard A beautifully formatted dynamic table showing: For Daily, Weekly, Monthly: TC, Pivot, BC values Current CPR Pattern CPR Width with % + Next/Developing CPR values and patterns (for Daily/Weekly) No need to manually calculate anything โ€” everything is displayed in a clean, compact panel. 6๏ธโƒฃ Completely Dynamic Across Timeframes Works on all intraday, daily, weekly, and monthly charts Automatically adjusts CPR length based on chart timeframe Perfect for NIFTY, BANKNIFTY, FINNIFTY, stocks, crypto, forex 7๏ธโƒฃ Alerts Included Receive alerts for: Narrow CPR formation Virgin CPR CPR breakouts Pattern transitions Great for traders who want automated monitoring. 8๏ธโƒฃ Clean Chart, No Clutter The script includes: No vertical connecting lines S/R only on the current period Smart hiding of CPR on boundaries (to avoid "jump lines") Fully toggleable features You get a professional-grade, clutter-free CPR experience. ๐ŸŽฏ Why This Indicator? This script goes beyond standard CPR tools by offering: Next AND Developing CPR Multi-timeframe CPR analysis Professional CPR pattern detection Smart dashboard visualization Perfect setup for trend traders, reversal traders, and breakout traders Whether you're scalping, day trading, swing trading, or doing positional analysis โ€” this tool gives you context, structure, and precision. ๐Ÿ“Œ Recommended Use Cases Intraday index trading (NIFTY, BANKNIFTY, NIFTY 50 Stocks) Swing trading stocks Crypto CPR analysis Options directional setups CPR-based breakout and reversal strategies Trend continuation identification Understanding volatility days (Narrow CPR Days) โš ๏ธ Disclaimer This is a technical tool for chart analysis and does not guarantee profits. Always combine CPR analysis with price action, volume, and risk management.
Pine Scriptยฎ indicator
by QuantCreative
7
Structure Pivot (LL-HL / HH-LH)Structure Pivot (LL-HL / HH-LH) - Indicator Guide This indicator scans for market structure pivot patternsโ€”specifically the bullish Higher Low (LLโ€“HL) and the bearish Lower High (HHโ€“LH) โ€”across multiple lengths simultaneously. It automatically selects the most optimal pattern based on a "Priority Mode" and plots the structure and breakout/breakdown levels on the chart. 1. Basic Calculation Method The indicator builds upon TradingViewโ€™s ta.pivotlow and ta.pivothigh functions to identify structural points. Bullish Structure (LLโ€“HL) 1.LL (Lowest Low): A standard Pivot Low is identified. 2.HL (Higher Low): A subsequent Pivot Low forms higher than the previous LL. This completes the setup. 3.Pivot Line (Resistance): The indicator finds the highest price (High) that occurred between the LL and the HL. This level becomes the breakout trigger. Bearish Structure (HHโ€“LH) 1.HH (Highest High): A standard Pivot High is identified. 2.LH (Lower High): A subsequent Pivot High forms lower than the previous HH. This completes the setup. 3.Pivot Line (Support): The indicator finds the lowest price (Low) that occurred between the HH and the LH. This level becomes the breakdown trigger. 2. Multi-Length Scanning Unlike standard indicators that use a single fixed length (e.g., Length = 5), this indicator scans a range of lengths simultaneously. ใƒปSettings: Defined by Min Length and Max Length. ใƒปMechanism: If set to Min=2 and Max=10, the indicator internally runs 9 separate calculations (Length 2 through 10) in parallel. This allows it to capture everything from small, short-term pullbacks to larger, significant structural pivots without manual adjustment. 3. Priority Mode System Since multiple lengths are scanned, multiple valid patterns may appear at the same time. The Priority Mode determines which single pattern is the "winner" and gets displayed. A. Tightest Structure (Default) ใƒปFor Bullish (Long): Selects the pattern with the lowest Pivot Line (Resistance). ใƒปFor Bearish (Short): Selects the pattern with the highest Pivot Line (Support). ใƒปAdvantage: It finds the "tightest" contraction (like a VCP). This offers the entry point closest to the stop-loss level, providing the best Risk/Reward ratio. B. Longest Length ใƒปSelects the pattern detected by the longest length setting. ใƒปAdvantage: Focuses on major structural points, filtering out short-term noise. Best for trend confirmation. C. Shortest Length ใƒปSelects the pattern detected by the shortest length setting. ใƒปAdvantage: Extremely sensitive. Best for scalping or catching immediate micro-pullbacks. 4. Real-Time Logic & Features Structure Invalidation (Failure) ใƒปBullish: If the current price drops below the HL (the support of the structure), the setup is considered failed. ใƒปBearish: If the current price rises above the LH (the resistance of the structure), the setup is considered failed. ใƒปResult: All lines and labels for that structure are immediately deleted to keep the chart clean. Pivot Line Extension ใƒปAs long as the structure remains valid (price hasn't violated the HL or LH), the Pivot Line extends to the right, acting as a live reference for breakouts or breakdowns. Alerts ใƒปBullish Breakout: Triggered when the Close price crosses over the Pivot Line. ใƒปBearish Breakdown: Triggered when the Close price crosses under the Pivot Line.
Pine Scriptยฎ indicator
by oratnek
5
Market Structure Pivots with BOS & CHoCH [zazenio]What is Market Structure? Market structure is simply the pattern of highs and lows that price creates as it moves. When you look at any chart, you'll notice price doesn't move in a straight line โ€” it swings up, pulls back, swings up again (in an uptrend), or the opposite in a downtrend. These swing points โ€” the peaks and valleys โ€” are what traders call pivots . Identifying them correctly is the foundation of understanding where a market has been and where it might go next. What This Indicator Does Swing Pivots automatically marks these peaks and valleys on your chart so you don't have to draw them manually. It works on any market โ€” stocks, crypto, forex, futures, indices โ€” and on any timeframe. Beyond just marking pivots, this indicator also draws BOS (Break of Structure) and CHoCH (Change of Character) lines โ€” two essential concepts that help you understand when a trend is continuing or potentially reversing. How Pivots Are Detected This indicator confirms pivots based on price structure, not a fixed bar count. Here's how it works: A swing high is confirmed when price breaks below the previous swing low. At that moment, we know the high was real โ€” price tried to go higher, failed, and reversed. The market "proved" that level was a genuine turning point. A swing low is confirmed when price breaks above the previous swing high. The same logic applies โ€” price tried to go lower, failed, and reversed direction. This creates a natural alternation: high, low, high, low. Each pivot is validated by the market's actual behavior, not by waiting for an arbitrary number of bars to pass. Understanding BOS and CHoCH Once you can identify pivots, the next step is understanding what happens when price breaks through them. This is where BOS and CHoCH come in. BOS (Break of Structure) A Break of Structure occurs when price continues in the direction of the current trend by breaking a previous pivot level. In an uptrend : Price breaks above a previous swing high โ†’ This signals strength. Buyers are pushing price to new highs, and the trend is likely to continue. In a downtrend : Price breaks below a previous swing low โ†’ This signals weakness. Sellers are pushing price to new lows, and the trend is likely to continue. Think of BOS as the market saying "the trend is still intact." Each BOS confirms that the dominant side (buyers or sellers) remains in control. CHoCH (Change of Character) A Change of Character occurs when price breaks a pivot level in the opposite direction of the current trend. This is an early warning signal that the trend may be reversing. In an uptrend : Price breaks below a previous swing low โ†’ This is unexpected. In a healthy uptrend, lows should hold. When they don't, it suggests buyers are losing control and sellers may be taking over. In a downtrend : Price breaks above a previous swing high โ†’ This is unexpected. In a healthy downtrend, highs should hold. When they don't, it suggests sellers are losing control and buyers may be stepping in. Think of CHoCH as the market's behavior "changing character" โ€” it's no longer acting the way it should if the trend were healthy. Why BOS and CHoCH Matter These concepts give you a framework for reading what the market is actually doing: BOS tells you the trend is continuing โ€” stay with it or look for entries in that direction CHoCH warns you the trend may be ending โ€” time to be cautious, take profits, or look for trades in the new direction By visualizing these breaks directly on your chart, you don't have to guess. You can see at a glance whether the market is trending smoothly (consecutive BOS) or showing signs of reversal (CHoCH). Why This Approach Works Most pivot indicators use a "lookback" method โ€” they wait for a certain number of bars (say, 5 or 10) on each side of a candle before confirming it as a pivot. This creates a fixed delay. By the time the pivot appears on your chart, price has already moved on. This indicator doesn't wait. It confirms pivots the moment price structure proves them. The result is pivots that align with how traders actually read charts โ€” based on breaks of structure, not arbitrary countdowns. Settings Configuration Swing Width : Controls how sensitive the detection is. Higher numbers show only major swings; lower numbers capture smaller moves within the structure. Pivot Settings High/Low Color : Customize the colors of swing high and swing low markers Style : Choose between Triangle or Circle markers Size : Adjust the size of pivot markers (Auto, Tiny, Small, Normal) Structure Lines Show CHoCH : Toggle Change of Character lines on/off CHoCH Color : Customize the color of CHoCH lines CHoCH Label : Show/hide the "CHoCH" text label Show BOS : Toggle Break of Structure lines on/off BOS Color : Customize the color of BOS lines BOS Label : Show/hide the "BOS" text label Use Cases See the "skeleton" of price action at a glance Identify potential support and resistance levels Understand if the market is trending or ranging Spot trend continuations with BOS lines Catch early reversal signals with CHoCH lines Build a foundation for more advanced trading strategies โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” Version History v1.1 Added BOS (Break of Structure) lines to visualize trend continuation Added CHoCH (Change of Character) lines to identify potential trend reversals Added toggle options for BOS and CHoCH visibility Added customizable colors for structure lines Added optional labels for BOS and CHoCH v1.0 Initial release Automatic swing high and swing low detection Structure-based pivot confirmation (not fixed lookback) Customizable pivot markers (style, size, colors) Adjustable swing width sensitivity โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” Disclaimer: This script is provided for educational and informational purposes only. It is not financial advice and does not constitute a recommendation to buy or sell any financial instrument. Always do your own research and trade at your own risk.
Pine Scriptยฎ indicator
by zazenio
2
Swing Pivots - Market Structure High Low [zazenio]What is Market Structure? Market structure is simply the pattern of highs and lows that price creates as it moves. When you look at any chart, you'll notice price doesn't move in a straight line โ€” it swings up, pulls back, swings up again (in an uptrend), or the opposite in a downtrend. These swing points โ€” the peaks and valleys โ€” are what traders call pivots. Identifying them correctly is the foundation of understanding where a market has been and where it might go next. What This Indicator Does Swing Pivots automatically marks these peaks and valleys on your chart so you don't have to draw them manually. It works on any market โ€” stocks, crypto, forex, futures, indices โ€” and on any timeframe. How Pivots Are Detected This indicator confirms pivots based on price structure, not a fixed bar count. Here's how it works: A swing high is confirmed when price breaks below the previous swing low. At that moment, we know the high was real โ€” price tried to go higher, failed, and reversed. The market "proved" that level was a genuine turning point. A swing low is confirmed when price breaks above the previous swing high. The same logic applies โ€” price tried to go lower, failed, and reversed direction. This creates a natural alternation: high, low, high, low. Each pivot is validated by the market's actual behavior, not by waiting for an arbitrary number of bars to pass. Why This Matters Most pivot indicators use a "lookback" method โ€” they wait for a certain number of bars (say, 5 or 10) on each side of a candle before confirming it as a pivot. This creates a fixed delay. By the time the pivot appears on your chart, price has already moved on. This indicator doesn't wait. It confirms pivots the moment price structure proves them. The result is pivots that align with how traders actually read charts โ€” based on breaks of structure, not arbitrary countdowns. Settings Swing Width: Controls how sensitive the detection is. Higher numbers show only major swings; lower numbers capture smaller moves within the structure. Style/Size/Colors: Customize how the pivot markers look on your chart. Use Cases See the "skeleton" of price action at a glance Identify potential support and resistance levels Understand if the market is trending or ranging Build a foundation for more advanced concepts like Break of Structure (BOS) and Change of Character (CHoCH) โธป Disclaimer: This script is provided for educational and informational purposes only. It is not financial advice and does not constitute a recommendation to buy or sell any financial instrument. Always do your own research and trade at your own risk.
Pine Scriptยฎ indicator
by zazenio
3
LL-HL PivotThis indicator scans for the bullish structure known as a Higher Low (HL) across multiple lengths simultaneously, automatically selects the most suitable pattern, and plots it on the chart. Below is a detailed explanation of how it works. 1. Basic Calculation Method (Definition of LL and HL) This indicator is built on TradingViewโ€™s ta.pivotlow function. Detecting Pivot Lows For a given length, a Pivot Low is identified as the lowest point among the candles within the specified range to the left and right. LL and HL Determination LL (Lowest Low): The most recent Pivot Low is treated as the previous low. HL (Higher Low): When a new Pivot Low forms above the previous LL, it is recognized as an HL, and the setup is considered โ€œcomplete.โ€ Identifying the Pivot Line During the LLโ€“HL structure, the highest high between them is identified and used as the breakout level (Pivot Line / resistance), where a horizontal line is drawn. 2. Multi-Length Scanning Unlike standard indicators that use only one length (e.g., Length = 5), this indicator evaluates a full range of lengths. Min Length to Max Length Example: Min = 2, Max = 10 Internally, it functions as if nine separate indicators (Length 2, 3, 4 โ€ฆ 10) are running simultaneously. This allows the indicator to capture: Small waves (short-term pullbacks) Larger waves (broader structural moves) 3. Priority Mode System Because multiple lengths are calculated at the same time, different LLโ€“HL patterns may appear simultaneously.Priority Mode determines which setup is selected and displayed. A. Lowest LH Selects the pattern with the lowest pivot line (intermediate high). Advantages: Produces the lowest possible entry price B. Longest Length Selects the pattern with the longest length. Advantages: Focuses on larger structures and broader waves Filters out noise C. Shortest Length Selects the pattern with the shortest length. Advantages: Reacts quickly to small moves Useful for scalping or fast trend-following Captures very short-term pullbacks 4. Additional Behavior and Features Real-Time Invalidation If price breaks below the confirmed HL, the structure is immediately considered invalid. All previously drawn lines and labels are removed instantly, preventing outdated structures from remaining on the chart. Pivot Line Extension As long as the HL remains intact, the Pivot Line (breakout level) continues extending to the right. Alerts An alert can be triggered the moment price breaks above the Pivot Line on a closing basis.
Pine Scriptยฎ indicator
by oratnek
2