Pivot Reversal AlertsPivot Reversal Study script, for generating Alerts and visual plotting of Pivot Reversal lines on the charts. Use a Strategy script (like Figs & Dates), for backtesting different settings on various time frames and charts.
Pivothigh
Smoothed Pivot Reversal Alerts [QuantNomad]This is study with alerts for my "Smoothed Pivot Reversal Strategy". Strategy script is open to the public so you can use it freely.
When creating alerts - choose "Once Per Bar Close"
It's a pro indicator, you can have access to it for a small fee. Link to my PRO indicators you can find in my signature.
Smoothed Pivot Reversal Strategy [QuantNomad]With this strategy trying to rethink the standard pivot reversal strategy.
Don't like the idea that for 10/10 pivot you have to wait for 10points to confirm it. So I used multiple pivot levels and calculated the average line. This way when we have a new high level approaching it smoothly.
This way you can have a bit better price for entries but the risk of fake entries bit bigger as well.
I'm using the usual trailing stop loss as an exit for this strategy.
Parameters for this strategy is pretty simple:
Left/Right bars for pivot points.
Additional smoothing - you can additionally smooth pivot lines with EMA
% for Traling SL
PRP - Pivot Reversal + PSAR Alerts [QuantNomad]This is study with alerts for my "PRP - Pivot Reversal + PSAR Strategy".
When creating alerts - choose "Once Per Bar Close"
It's a pro indicator, you can have access to it for a small fee. Link to my PRO indicators you can find in my signature.
PRP - Pivot Reversal + PSAR Strategy [QuantNomad]PRP is a combination of Pivot Reversal and PSAR Strategy. With this strategy, I tried to be in a position for big moves in the market.
The strategy uses Pivot Reversal entries with an additional condition that TR of entry bar should be at least X ATRs. This allows to filter out some false signals.
For exits, I recoded the PSAR indicator as trailing stop loss. So I start PSAR Y ATRs below the Pivot level price crossed at entry. After that PSAR behaves as usual.
For stability and easier execution, I check conditions only on the close, no stop/limit orders are used.
Floor Trader Pivots Levels 4-6So, you've been using Floor Trader Pivots to great success, but sometimes an instrument just blasts through the 3rd level of support or resistance. What then? Well, that's where the 4th-6th levels come in. See above in an example from GBPUSD this week where something happened that made the currency pair surge through the 3rd level of resistance. Where did it go? Right up to the 6th level of resistance before retracing back down and bouncing between the 4th and 5th levels.
Let's take a look at another example. On January 30th of this year (2020), Tesla's stock gapped up. Way up. If you only had access to the first three levels of Floor Trader Pivots , all you would see over the course of this day was that the 3rd level of Resistance had turned into support. After that, you wouldn't have any idea why it was hovering where it was. Was it about to explode upward? If so, to where? You had no idea.
However, if you had this add-on , you would easily see that the stock had just gapped up to the 4th level of Resistance and that it was holding. Obviously, not a good time to go long.
If you're already trading with my Floor Trader Pivots script and want to expand your knowledge of possible places price can go to, this script is for you.
Send me a private message for information on pricing and access.
Happy Trading!!!
Fibonacci Pivot PointsI have included the main support and resistance pivot point levels for the Fibonacci Pivot Points. I changed the bar colors to reflect buy and sell points so if a bar is green then that means to buy it and if it is red then sell it
Let me know if you would like to see me do any other indicators!
CPRFibonacciPivots By EquityDuraiThe Central Pivot Range (CPR) is one of the most versatile price-based indicators available to traders. ... At any given time, the range can be support or resistance, it can forecast trending or sideways price behavior, dictate the day's direction, or serve as an integral part of a trend.
Keep in mind that depending on the market’s behavior, the formula for TC may in fact create the level for BC, and vice versa. I always refer to the highest level as TC, and the lowest level as BC, regardless of which formula led to the level’s creation.
TFi Pivot Reversal StudyThe Pivot Reversal Study script uses pivot points to create a support and resistance level; based on this levels the script creates virtual stop-market orders to catch the trend if the price is crossing the pivot lines.
A configurable trailing-stop and stop-loss is being used to exit an open position.
The entry and exit points are visualized in the chart via green arrows and crosses; the position follows the exact behavior of the strategy script.
The study also creates alerts, which follow the exact position of the entry/exit markers. Via the input parameter "Alert Message Type" it is possible to select a predefined alertcondition message; right now the script supports a generic default message and a trading setup for Alertatron.
How to use
The study works with all timeframes; the current chart setting is using a 15min timeframe. The strategy enters about 10 trades per day, depending on the used settings.
I'm also providing a "strategy" version of this study, which can be used to backtest the strategy.
How to access
This strategy is a "Invite Only" script. You can can subscribe or purchase the strategy ; please use the link below or send me a message via Tradingview to obtain access to the strategy and study script.
For enabling the script in your Tradingview chart window, click on "Indicators" and select "Invite-Only Scripts".
Full list of alerts:
'Enter Long' ... Enter long position
'Enter Short' ... Enter short position
'Exit Long PT' ... Exit long position - profit-target reached
'Exit Short PT' ... Exit short position - profit-target reached
'Exit Long SL' ... Exit long position - stop-loss
'Exit Short SL' ... Exit short position - stop-loss
Full list of parameters:
"Pivot Left Bars" ... Number of bars on the left of the pivot point - used for pivot/peak detection
"Pivot Right Bars" ... Number of bars on the right of the pivot point - used for pivot/peak detection
"Entry Offset " ... Entry price offset after crossing pivot line (in %)
"Trailing Activation Level " ... Trailing stop activation level above/below average price (in %)
"Trailing Offset " ... Trailing stop price (in %)
"Stop Loss " ... Absolute stop-loss (in %)
"Alert Message Type" ... Alert message type: generic or Alertatron
"Backtest ..." ... Backtest timeframe; area outside this timeframe will be grayed out
I'm looking forward to any feedback, reviews and change requests!
TFs Pivot Reversal StrategyThe Pivot Reversal strategy script uses pivot points to create a support and resistance level; based on this levels the strategy creates virtual stop-market orders to catch the trend if the price is crossing the pivot lines.
A configurable trailing-stop and stop-loss is being used to exit an open position.
How to use
The strategy works with all timeframes; the current chart setting is using a 15min timeframe. The strategy enters about 10 trades per day, depending on the used settings.
I'm also providing a "study" version of this strategy, which can be used to automate the strategy by using webhooks for instance.
The script is using a default commission of 0.075% which reflects Bitmex' Taker-Fees. This is just a default and can be modified in the strategy settings for each instrument individually.
How to access
This strategy is a "Invite Only" script. You can can subscribe or purchase the strategy ; please use the link below or send me a message via Tradingview to obtain access to the strategy and study script.
For enabling the script in your Tradingview chart window, click on "Indicators" and select "Invite-Only Scripts".
Full list of parameters:
"Pivot Left Bars" ... Number of bars on the left of the pivot point - used for pivot/peak detection
"Pivot Right Bars" ... Number of bars on the right of the pivot point - used for pivot/peak detection
"Entry Offset " ... Entry price offset after crossing pivot line (in %)
"Trailing Activation Level " ... Trailing stop activation level above/below average price (in %)
"Trailing Offset " ... Trailing stop price (in %)
"Stop Loss " ... Absolute stop-loss (in %)
"Capital Risk Factor " ... Capital risk factor (in %)
"Margin / Leverage " ... Optional leverage factor which can be used to leverage position (in %)
"Backtest ..." ... Backtest timeframe; area outside this timeframe will be grayed out
I'm looking forward to any feedback, reviews or change requests!
BEST Pivots CloudHello traders,
This script is an adaption of an FXCM indicator called Pivots Cloud
Takes in input two timeframes, build the pivots based on them and fill the space between those pivots
Should be non-repainting
Best
Dave
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:
The Multi-day Central Pivot RangeThe indicator is a Multi-day CPR.
It shows CPR range as per yesterday's HLC and also CPR range for last n number of trading sessions.
For example: If you mention the value as two in Multi-day CPR (blue color) then it calculates the CPR using HLC of the last two trading sessions.
Also, the daily CPR is designed in such a way to highlight Virgin CPR (purple color) separately from the normal CPR(fuchsia color) .
Pivot Points HIgh LowRemake of the integrated Pivot Points indicator
With higher resolution you should lower the indicator values to get a good result
QuantNomad - Significant Pivot Reversal Strategy AlertsAlerts for "Significant Pivot Reversal Strategy":
As one of the ways to filter out insignificant levels I decided to check that pivot point is not above/below neighbors, but check that it's above/below at least by a certain amount.
I use ATR, so in params, you can set length of ATR and also ATR multiplier. The new level will be calculated only if PP will be above/below neighbors by atr * atr_mult.
It seems this approach might help in some cases.
QuantNomad - Significant Pivot Reversal StrategyI'm working on improving the Pivot Points Reversal Strategy.
As one of the ways to filter out insignificant levels I decided to check that pivot point is not above/below neighbors, but check that it's above/below at least by a certain amount.
I use ATR, so in params, you can set length of ATR and also ATR multiplier. The new level will be calculated only if PP will be above/below neighbors by atr * atr_mult.
It seems this approach might help in some cases.
Here I have PivotPoint + RSI strategy:
Pivots Framework by HypesterThis is the first release of the basic pivot framework with the three most used ones by our Alpha Community.
You can easily switch between modes, adjust the lookback period, and it works multi-resolution.
Right now, we have:
BB Fibo
Murrey's Channels
Adaptive Fibonacci
The next release will be ATR based pivot formula.
Pivot Point Reversal + RSI AlertsThese are alerts for previously published strategy:
This strategy joins the Pivot Reversal strategy with the RSI indicator.
We check RSI level at the pivot point level and only if RSI condition is satisfied we update levels for stop orders.
Pivot Point Reversal + RSI StrategyThis strategy joins the Pivot Reversal strategy with the RSI indicator.
We check RSI level at the pivot point level and only if RSI condition is satisfied we update levels for stop orders.
The strategy works pretty good for crypto, 30m, 1h, 2h timeframes.
Function : Pivots High and Low WARNING: The toil of this script is not mine . In order to avoid disrespect for work, I deleted some extensions only pure pivots , that is, only the information this script needed. I liked the fact that high and low pivots were in one function. I found this command by chance on stackoverflow. I don't know the authors and the nicknames because they are the stackoverflow nicknames. I hope it will help your adaptive periods. Finally, the length of the pivot must be at least 3 to be available.If the author reaches me, I will give his/her Tradingview name as a reference.
Traditional Pivot Points AlertsCreated a script for alerts on Traditional Pivot Points.
You will be able to create separate alerts for every level or create one for price crossing any level.
Because of some TradingView limitations, alerts won't be fired for the first bar of the session. Will try to solve that in the new versions.
In the script used new v4 plotting features, so will be able to plot levels and labels nicely. Unfortunately, there is a limit on the number of consecutive lines you can plot on the plot (around 50), so lines in the past will disappear.
You can enable/disable in params displaying level itself on the chart.
And remember:
Past performance does not guarantee future results.
Pivot LevelsThis indicator automatically plots 3 important "Pivot Levels" to watch when day trading.
This simple but effective tool plots out important levels from the prior trading day, and updates every day. I noticed that significant levels such as the close, the high, and the low from the prior day often serve as important support/resistance levels in the future.
The previous day high is displayed as the green line, the close is displayed as the white line, and the low is plotted as the red line.
Enjoy!
