OPEN-SOURCE SCRIPT
Step Linear PIVOTS
In my trading I use pivots system allot , only problem with them is that in lower time frames they do not perform as well
so I created this system which is more dynamic for this purpose
based on 3 indicator and just mix between then
the first is linear regression , second is alex grover step tred , the third is the regular pivots
first step is to make alex indicator to act as our P value but getting the info from linear
after that I put it on the pivots using the deviation from alex indicator as lower or upper
in this way we have have much more flexible system that we can play with any best setting to fit it
so I hope this system will help those who do day trade in lower time frames, although it can be fit to any time frame
so the idea here is to get sense where we are in this setting
so this is experimental and lets see if it will be better or not then traditional system of pivots :)
so I created this system which is more dynamic for this purpose
based on 3 indicator and just mix between then
the first is linear regression , second is alex grover step tred , the third is the regular pivots
first step is to make alex indicator to act as our P value but getting the info from linear
after that I put it on the pivots using the deviation from alex indicator as lower or upper
in this way we have have much more flexible system that we can play with any best setting to fit it
so I hope this system will help those who do day trade in lower time frames, although it can be fit to any time frame
so the idea here is to get sense where we are in this setting
so this is experimental and lets see if it will be better or not then traditional system of pivots :)
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