SHA Multi Pivot Points -v1.0.0🔎Using Pivot Points in Trading
Traders use PPs to help determine predefined support and resistance levels to guide their trading strategies. In addition, traders identify potential price reversals, trend direction, and breakout opportunities:
Trend identification: PPs act as a reference level to gauge market sentiment. If the price opens above the PP and remains above it, traders interpret this as an uptrend. Conversely, if the price opens below the pivot point and stays below, it suggests a downtrend.
Support and resistance determination: Pivot levels are natural barriers where price reactions frequently occur. Traders may enter long positions near support levels, expecting a price bounce, or if the price approaches resistance levels, traders may consider shorting the asset.
Breakout trading: When the price breaks above resistance or support, it may indicate strong momentum for further movement.
Reversal identification: Traders also look for failed breakouts or price rejections at pivot levels to anticipate reversals.
Trading strategy combinations: Traders can improve accuracy by combining PPs with other technical analysis indicators.
1. Camarilla Pivot Points
📌 Overview:
Developed by Nick Scott in 1989, Camarilla Pivot Points are designed for short-term, intraday trading. Unlike traditional pivots, Camarilla levels are tighter and more responsive, making them useful in volatile markets.
📐 Key Levels:
It generates eight levels:
- Resistance: Initial Level (R1), Mid-range Level (R2), Sell Reversal Level (R3), Breakout Level (R4)
- Support: Initial Level (S1), Mid-range Level (S2), Buy Reversal Level (S3), Breakout Level (S4)
✅ How to Use:
- S1/R1 + RSI or volume divergence to confirm weak momentum and early reversals.
- S2/R2 with price action patterns to enter early on major moves before L3/H3 get tested.
- S3/R3: Mean-reversion zones → price often reverses.
- Break of S4/R4: Strong breakout → trend-following signal.
- Combine with volume or candlestick confirmation for entries.
🔹 2. Floor (Standard) Pivot Points
📌 Overview:
This is the most traditional pivot method, widely used by floor traders. It’s symmetrical and provides a clear central pivot point with equally spaced support and resistance levels.
📐 Key Levels:
- Povit Points : Average price (PPs)
- Resistance : First price ceiling (R1), Stronger ceiling (R2), Extreme resistance (R3)
- Support : First price floor (S1), Stronger floor (S2), Extreme support (S3)
✅ How to Use:
- Above PPs = bullish bias; Below PPs = bearish bias.
- S1/R1 are most used for intraday targets.
- S2–S3/R2–R3 indicate potential extreme moves.
- Often used in combination with momentum indicators.
🔹 3. Woodie Pivot Points
📌 Overview:
Woodie’s pivot formula gives double weight to the closing price, emphasizing the most recent session's sentiment.
📐 Key Levels:
- Povit Points : Weighted average (PPs)
- Resistance : First price ceiling (R1), Stronger resistance (R2)
- Support : First price floor (S1), Stronger support (S2)
✅ How to Use:
- Works best in fast-moving markets.
- PPs acts as a momentum-based balance level.
- Good for scalpers and momentum traders.
🔹 4. Fusion Pivot Points
📌 Overview:
This method differs significantly — it calculates only one support and one resistance level, adjusting based on the relationship between the open and close.
📐 Key Levels:
- Povit Points : Single directional (PPs)
- Resistance : Potential ceiling (R)
- Support : Potential floor (S)
✅ How to Use:
- Not symmetrical → more responsive to price behavior.
- Best for breakout or reversal strategies.
- Use when you're expecting directional momentum.
🔹 5. Classic Pivot Points (Traditional)
📌 Overview:
Also known as Standard or Traditional Pivot Points, this is the default method used by most charting platforms. It offers a balanced and simple framework.
📐 Key Levels:
- Povit Points : Central price level (PPs)
- Resistance : First ceiling (R1), Stronger resistance (R2), Extreme resistance (R3)
- Support : First floor (S1), Stronger floor (S2), Extreme support (S3)
✅ How to Use:
- PPs is the market’s equilibrium point.
- Helps define market structure, bias, and trade zones.
- Combine with order blocks, RSI, or MACD for confirmation.
📊 Summary Comparison :
1. Camarilla Pivot Points
- Focus : Mean Reversion & Breakouts
- Best Use : Scalping, Day Trading
2. Floor Pivot Points
- Focus : General Support/Resistance
- Best Use : Intraday, Swing
3. Woodie Pivot Points
- Focus : Recent Close Emphasis
- Best Use : Momentum Trading
4. Fusion Pivot Points
- Focus : Trend/Breakout
- Best Use : Directional Breakouts
5. Classic Povit Points
- Focus : Market Structure
- Best Use : General Use
⚠️ Disclaimer
The information and tools provided in this script are for educational and informational purposes only. They do not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instrument.
Trading in the financial markets involves risk of loss and is not suitable for every investor. You are solely responsible for your trading decisions. Always do your own research, use proper risk management, and consult a licensed financial advisor before making any financial decisions.
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Pivot Highs/Lows with Bar CountsWhat does the indicator do?
This indicator adds labels to a chart at swing (a.k.a., "pivot") highs and lows. Each label may contain a date, the closing price at the swing, the number of bars since the last swing in the same direction, and the number of bars from the last swing in the opposite direction. A table is also added to the chart that shows the average, min, and max number of bars between swings.
OK, but how do I use it?
Many markets -- especially sideways-moving ones -- commonly cycle between swing highs and lows at regular time intervals. By measuring the number of bars between highs and lows -- both same-sided swings (i.e., H-H and L-L) and opposite-sided swings (i.e., H-L and L-H) -- you can then project the averages of those bar counts from the last high or low swing to make predictions about where the next swing high or low should occur. Note that this indicator does not make the projection for you. You have to determine which swing you want to project from and then use the bar counts from the indicator to draw a line, place a label, etc.
Example: Chart of BTC/USD
The indicator shows pivot highs and lows with bar counts, and it displays a table of stats on those pivots.
If you focus on the center section of the chart, you can see that prices were moving in a sideways channel with very regular highs and lows. This indicator counts the bars between these pivots, and you could have used those counts to predict when the next high or low may have occurred.
The bar counts do not work as well on the more recent section of the chart because there are no regularly time swings.
3 Pivots Interpolation BreakoutsI designed the '3 Pivots Interpolation Breakouts' indicator to intuitively identify breakout opportunities using pivot points. This tool stems from my need to anticipate market direction and capitalize on breakouts. It uses a line interpolated from three pivot highs or lows to forecast upcoming breakouts. This offers a straightforward way to visualize potential bullish and bearish breakouts with color-coded extrapolations. The aim is to simplify breakout detection, enhancing your trading strategy with precise, actionable insights.
Simple Pivot Points with dots, not lines(manual setup)1. Why Pivot Point is popular？
Because unlike most indicators, it's not lagging! It is forward-looking, it's real-time, it's just right there.
2. Why this script is created？
I don't like many indicator lines crossing my screen everywhere, just as some Pivot Point indicators did. So I wrote this script to keep my screen as clean/neat as possible.
3. MUST READ before you add this “manual setup” version to your chart
I'm a E-mini S&P500 future trader, and I found the close prices on Daily chart is different from the ones on lower timeframe occasionally.
So I asked some TradingView staff and the reply was:
The closing price of a daily bar on TradingView is based on a Settle price from the exchange. The exchanges, at times, send this value before the close of the trading day, which leads to the situation when the price for daily-based resolutions does not change after receiving this Settle value, while the price changes still occur at smaller resolutions, since the construction of intraday bars is based on the actual trades produced.
So, in order to use the most accurate price,
I replace the D(representing the Daily timeframe) with 1440(representing 1440 minutes) in the script, making the daily Pivot Points more accurate.
The default Pivot Points are from daly timeframe.
You have to set the "last week/month close" in the "script settings" MANUALLY to ensure the weekly/monthly Pivot Point is the most accurate.
4. What if you don't want to go through the hassle of setting it up manually？
If the tickers you trade doesn't have the occasional problems as mentioned before, you can search the "Simple Pivot Points with dots, not lines(automatic setup)" version which uses the default close prices on each timeframe.
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If you want the dots stay a little further from your bars, you can adjust the "offset" parameter in the code. The larger the number is, the further the dot stays.
Daily Pivot (Traditional)Hello all
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This code is for daily pivot points, support and resistance with pivot labels and value.
simple code with no bugs.
this code use previous day values on online chat and current day values on offline chat.
pivot values are placed on right side, so no overlapping with other values.
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Thank you Trading View for other educational script to make this possible.
Standard Deviation W/Q/M PivotsThis is a re-iteration of the standard deviation of daily pivots with the pivots applied on weekly, monthly, quarterly and yearly levels. For intraday traders the weekly pivot points will act as a major support resistance levels. Quarterly and monthly pivot points are useful for short-term positions while the yearly pivot determines the stock's long term support-resistance levels and useful in determining if the stock is in a bullish/bearish leg.
Alto Basso Swing Pivots + Barry Support Resistance Levels2 indicators, 1 script: swing pivots and Barry support resistance levels
Alto
high swing pivot
Basso
low swing pivot
Dal Segno
lookback period length for swing pivots
Barry Length
length for support resistance calculation
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Use swing pivots for confirmation of new structure levels on short term
Barry support resistance levels in proximity to standard pivots or Fibonacci levels may indicate greater strength
credit to BacktestRookies and likebike
stay ♯
Example: Dal Segno 13, Barry Length 21
Rounded Weekly Pivot (by ChartArt)Trade with the trend. This is an overlay indicator which shows the weekly pivot (rounded) either as line or circle drawing, select-able by the user. The width of the pivot line (or circle) overlay is also adjustable.
In addition the bars can be colored by the trend, depending if the close price is above or below both the weekly and monthly pivots. If the close price is neither above or below both the weekly and monthly pivot prices the trend color is neutral blue.
The weekly pivot indicator with the optional setting that the pivot price is drawn as circles instead of a line:
And here with the pivot drawing disabled, showing only the pivot bar trend color
Bardhi's ICT Killzone & PivotsThis indicator is a complete ICT-style session and liquidity toolkit designed for precision trading. It automatically marks the most important trading windows (“Killzones”) and provides powerful tools for tracking price action around them.
Key Features:
Killzones: Automatically plots Asia, London, and New York (AM, Lunch, PM) sessions with customizable colors, transparency, and labels.
Session Highs, Lows & Midpoints: Dynamic lines for killzone highs/lows, optional midpoints, and alerts when levels are broken.
Range Statistics: Displays the real-time range of each session plus rolling averages in a customizable table.
Day / Week / Month Levels: Plots opens, highs, lows, and separators for higher-timeframe reference points with optional alerts.
Custom Opening Prices: Define up to 8 custom open lines (e.g., True Day Open, 06:00, 10:00) with cutoff times.
Vertical Timestamp Lines: Highlight important intraday times such as news events or personal strategy triggers.
Day-of-Week Labels: Clean labels for each day, with the option to hide weekends.
Full Customization: Adjustable label sizes, colors, line styles, transparency, and drawing limits.
Why Use It?
This tool combines killzone sessions, pivots, higher-timeframe opens/highs/lows, and range statistics into one clean, automated package. It saves time drawing manually, keeps charts organized, and helps traders apply ICT concepts consistently.
[DarkTrader] Pivot Point HeatmapThe indicator calculates pivot points using price data from different timeframes such as 12M, 1M, 1W, 3D, and 1D. For each timeframe, it retrieves the high, low, open, and close prices of the previous bar. The pivot point is calculated as the average of the high, low, and close prices, which provides a central level where market sentiment may shift. This calculation is repeated for each timeframe, ensuring a multi-dimensional view of potential interest zones.
Importance of Pivot Points :
Pivot points are essential tools in technical analysis, providing traders with levels that act as potential support and resistance zones. These zones help identify price levels where reversals or breakouts are more likely to occur.
Visual Representation :
The core feature of this indicator is its ability to visualize pivot points as a heatmap on the chart. Instead of showing just the latest pivot points, it tracks the historical pivot swipe, providing a dynamic view of how price interacts with these key levels. Each pivot point is represented by a line, color-coded based on its position relative to other points, creating a gradient effect that highlights the most critical price areas.
Customization Options :
Traders can customize various aspects of the heatmap to suit their preferences. The indicator offers options to toggle pivot swipe history, enabling traders to either focus on the most recent price interactions or consider how price has behaved over time. The background color and pivot line colors are fully customizable, making it easy to match the heatmap with your chart's theme or emphasize certain price levels.
Detecting Sweeps and Price Interaction :
Another important feature is the detection of price interactions with pivot levels. If the current bar's high and low cross a pivot point, it signals that the pivot level has been "swept" by price action, potentially indicating a change in market sentiment. The indicator either extends the line if the pivot point remains relevant or deletes it if price has broken through. This dynamic adjustment helps traders stay updated on which pivot levels are still valid.
Pivot Points with MID LevelsThis indicator shows the Standard Pivot Points level based on daily values that can act as support and resistance. It is used by a variety of traders around the world. You can select which time frame Pivot Point Levels you'd like. Daily, weekly etc... Perfect for swing trading or day trading.
Pivot Points- Shows 3 levels of resistance, the Pivot Point and 3 levels of support
(R3, R2, R1, PIVOT POINT, S1, S2, S3
MID Levels- The MID levels are 50% retracement from the pivot point level above it and below
Example- R3, MID, R2, MID, R1, MID, PIVOT POINT, MID, S1, MID, S2, MID, S3
With this indicator you will also have the option to show the Previous days High and Low that are also important levels. On gap up/down days it is always interesting to see if price will close the gap, hence the important level to note.
PDH= Previous Days High
PDL= Previous Days Low
I have added a feature that you can now select specific color to each level and the line style for each level to help understand which levels are being show by personal needs.
Happy Trading
Pivot Profit Target [Mxwll]Introducing the Pivot Profit Target!
This script identifies recent pivot highs/lows and calculates the expected minimum distance for the next pivot, which acts as an approximate profit target.
The image above details the indicator's output.
The image above shows a table consisting of projection statistics.
How to use
The Pivot Profit Targets can be used to approximate a profit target for your trade.
Identify where your entry is relative to the most recent pivot, and assess whether the minimum expected distance for the most recent pivot has been exceeded. Treat the zones as an approximation.
If your trade aligns with the most recent pivot - treat the minimum expected distance zone as a potential profit target area. Of course, price might stop short or continue beyond the projection area!
That's it! Just a short and sweet script; thank you!
Three-Day Rolling PivotThe three-day rolling pivot is another pivot concept,
which may be used by intermediate positions, for several days or even weeks.
It can be utilized in many ways, such as to determine an entry point or trailing stop.
As the name suggests, this pivot is based on the last three days.
I learned this concept of the book "The logical Trader" by Mark Fisher.
Kudos go to him!
My version of the Three-Day Rolling Pivot uses actual data!
And all similar scripts I have found so far calculate future data and don't take into account the original data.
I hope this script will help some people to do some better decisions.
And I am pleased to get some advice to make this script even better!
Future data vs original data
Pine Script v5 Reference Manual:
Merge strategy for the requested data position... This merge strategy can lead to undesirable effect of getting data from "future" on calculation on history. This is unacceptable in backtesting strategies, but can be useful in indicators.
e2e4 on Stack Overflow said:
Pine v1-v2's security() function is using the lookahead parameter by default, which could be modified in v3-v5...
stackoverflow.com
I haven't found a script which put this into account jet.
I leave this option available for people that wanna more speculated data. But it's disabled by default.
Long/Short Example
You can enter Long when the market cross over the upper line (default color is green) and you should put your trailing stop 1-5 ticks below the lower line (default color is red).
The opposite when Shorting, then the market has to cross down the lower line and your trailing stop should be 1-5 ticks above the upper line.
How does this script work:
First it fetches the highest high of ...
yesterday,
the day before yesterday,
and the day before that.
After that the script looks for the highest high of all three.
Next it does the same for previous lowest low.
Last but not least, it fetches the closing price of the last day.
After that it adds all three prices together and divide them by three.
This result in a three day pivot price.
Then it adds the highest high and lowest low of the three last days and divide it by two.
This gives us the second number we need to calculate the differential.
The differential is the gap between the three day pivot price and the second number.
Sometimes the second number is bigger than the three day pivot price so I took that into account too. Other wise the colors plotted would be on the wrong site.
Finally, the script is rounding the numbers to the nearest minimum tick of that security.
[JL] Supertrend Zone Pivot Point with zigzag fibThis is an open-source Pine script that generates a Supertrend Zone Pivot Point with Zigzag Fib indicator for TradingView. The indicator displays the Supertrend Zone, pivot points, and Fibonacci levels on the chart.
One of the unique features of this indicator is that it uses a Zigzag that does not repaint, ensuring accurate high and low points for the pivot points.
Another feature is that when the Supertrend is in an uptrend, only the highest points are taken as pivot points, and when it's in a downtrend, only the lowest points are taken as pivot points.
The Fibonacci levels are calculated based on the previous high and low pivot points, with labels displaying the corresponding levels on the chart.
The indicator also includes options to show/hide the Zigzag and Fibonacci levels.
Overall, this indicator is useful for identifying key pivot points and Fibonacci levels in the Supertrend Zone, providing valuable information for traders to make informed decisions.
Bagang Pivot Zones | Supply & Demand, Support & ResistanceBagang Pivot Zones detects imbalances from classic reversal and momentum price actions.
Imbalances create pivot zones, a.k.a Supply & Demand / Support & Resistance / Orderblock zones.
Use Cases
1. Traders using Supply & Demand theory can quickly pinpoint imbalance zones created by BUY-to-SELL and SELL-to-BUY candles.
2. Trend Following traders can systematically catch and follow a trend based on pivot zones analysis.
3. Breakout traders can easily target pivot zones’ breakout and breakdown.
4. Take the guesswork out of risk management: manage stop-loss precisely behind pivot zones.
5. Analyze contrary pivot zones to set realistic profit targets.
Objectivity
By only comparing OHLC values to identify notable price actions, Bagang Pivot Zones avoids derived calculations with subjective parameters.
Chart Issue
If the chart zooms out after adding an indicator, right-click the price scale and toggle "Scale price chart only” on.
Fibonacci Extension / Retracement / Pivot Points by DGTFɪʙᴏɴᴀᴄᴄɪ Exᴛᴇɴᴛɪᴏɴ / Rᴇᴛʀᴀᴄᴍᴇɴᴛ / Pɪᴠᴏᴛ Pᴏɪɴᴛꜱ
This study combines various Fibonacci concepts into one, and some basic volume and volatility indications
█ Pɪᴠᴏᴛ Pᴏɪɴᴛꜱ — is a technical indicator that is used to determine the levels at which price may face support or resistance. The Pivot Points indicator consists of a pivot point (PP) level and several support (S) and resistance (R) levels. PP, resistance and support values are calculated in different ways, depending on the type of the indicator, this study implements Fibonacci Pivot Points
The indicator resolution is set by the input of the Pivot Points TF (Timeframe). If the Pivot Points TF is set to AUTO (the default value), then the increased resolution is determined by the following algorithm:
for intraday resolutions up to and including 5 min, 4HOURS (4H) is used
for intraday resolutions more than 5 min and up to and including 45 min, DAY (1D) is used
for intraday resolutions more than 45 min and up to and including 4 hour, WEEK (1W) is used
for daily resolutions MONTH is used (1M)
for weekly resolutions, 3-MONTH (3M) is used
for monthly resolutions, 12-MONTH (12M) is used
If the Pivot Points TF is set to User Defined, users may choose any higher timeframe of their preference
█ Fɪʙ Rᴇᴛʀᴀᴄᴇᴍᴇɴᴛ — Fibonacci retracements is a popular instrument used by technical analysts to determine support and resistance areas. In technical analysis, this tool is created by taking two extreme points (usually a peak and a trough) on the chart and dividing the vertical distance by the key Fibonacci coefficients equal to 23.6%, 38.2%, 50%, 61.8%, and 100%. This study implements an automated method of identifying the pivot lows/highs and automatically draws horizontal lines that are used to determine possible support and resistance levels
█ Fɪʙᴏɴᴀᴄᴄɪ Exᴛᴇɴꜱɪᴏɴꜱ — Fibonacci extensions are a tool that traders can use to establish profit targets or estimate how far a price may travel AFTER a retracement/pullback is finished. Extension levels are also possible areas where the price may reverse. This study implements an automated method of identifying the pivot lows/highs and automatically draws horizontal lines that are used to determine possible support and resistance levels.
IMPORTANT NOTE: Fibonacci extensions option may require to do further adjustment of the study parameters for proper usage. Extensions are aimed to be used when a trend is present and they aim to measure how far a price may travel AFTER a retracement/pullback. I will strongly suggest users of this study to check the education post for further details, where to use extensions and where to use retracements
Important input options for both Fibonacci Extensions and Retracements
Deviation, is a multiplier that affects how much the price should deviate from the previous pivot in order for the bar to become a new pivot. Increasing its value is one way to get higher timeframe Fib Retracement Levels
Depth, affects the minimum number of bars that will be taken into account when building
█ Volume / Volatility Add-Ons
High Volatile Bar Indication
Volume Spike Bar Indication
Volume Weighted Colored Bars
This study benefits from build-in auto fib retracement tv study and modifications applied to get extentions and also to fit this combo
Disclaimer:
Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely
The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
Kviateq - Session Pivots for CryptoPretty much the exact same indicator as my other Session Pivots, however this one also shows the weekends and the session times are set to Bitmex exchange (note: I'm in a GMT+7 timezone myself).
Fibonacci Pivots Monthly and Weekly Full (no history)Fibonacci Pivots Monthly and Weekly Full (no history)
Inspired by FxChartAnalyst trader, with his great Monthly Weekly Daily Pivot Points Standard indicator
www.tradingview.com
This indicator calculates and plots both Monthly and Weekly pivots on a chart. Pivots are based on the Fibonacci ratios of the previous Month/Week candle close.
Good luck everyone!
sma-pivotsThis model is based on this script
I change it to sma model . the model run on pivots high or low that are base on SMA
I make two SMA one for high pivots and one for low pivots ( I put for now at same distance but you need to change it according to needs)
because asset can be in bull period or bear period when we have two separate distance of SMA we can find the correct combination if to buy more or less by changing either the sma pivot of the low end or the sma pivots of the high end using the length . also global we can use the lookbar of bar numbers
one sma to both pivots is bad as it not consider the market situation but separation to two one for sell and one for buy can give you a better flexible model for enter or exit
so its your job to find what length is best suited for exit and what for enter .
example when we have two different length how it work on 4 hour
[RS]Shifted Pivots V1update: added weekly and monthly pivots, the offset is a average approximation so there may be inconsistency on the date forecasted to be end of week/month.
(using diferent sessions or limited time intervals is not possible).
Pocket Pivot BreakoutPocket Pivot Breakout Indicator
The pocket pivot breakout indicator will show a blue arrow under the candle if both the following conditions are met:
1. The percentage change of the candle on that day from open is greater than 3%.
2. The volume on the day of 3% candle is higher than the highest red volume in the past 10 days.
The second condition is based on the 'Pocket Pivot' concept developed by Gil Morales and Chris Kacher.
If only one of the conditions is met, while the other is not, there will be no arrow.
How to use the Pocket Pivot Breakout indicator?
1. If the stock is breaking out of a proper base like (cup & handle, Darvas box etc.), you can use the blue arrow as an indicator to make your initial buy.
2. If you already own a stock, the blue arrow indicator can be used for pyramiding, following a continuation breakout from a proper base.
3. Avoid making a new entry or continuation entry if the stock is too extended from 10ma.
Gap-up > 0.5% Indicator
Gap-up Indicator displays a blue colored candle when a stock gaps up by more than 0.5% compared to previous day's close.
It is turned off by default. To activate it, check the box next to Gap-up > 0.5% in the indicator options.
How to use the Gap-up Indicator?
1. When a stock gaps up, it usually indicates strength, especially if on the day of the gap-up, the stock closes strongly.
2. This indicator should not be used in isolation but with a proper base breakout from a tight consolidation.
3. If a stock is already extended from 10ma, avoid taking any new or continuation entries.
Precautions
1. Avoid buying longs when the general market conditions are not favorable.
2. Avoid buying stocks below 200ma.
3. Avoid making a new entry or pyramid entry if a stock is too extended from 10ma.
Important Points
1. Always choose fundamentally strong stocks showing strong growth in earnings/margins/sales.
2. Buy these fundamentally strong stocks when they are breaking out of proper bases.
3. To learn more about pocket pivots and buyable gap-ups, read the book, Trade Like an O'Neil Disciple (by Gil Morales & Chris Kacher).
Cheers
Simranjit
Bias Pivot PointA simple indicator that uses Pivot Points as a filter and to generate a Directional Bias .
How to use this indicator?
1. Directional Bias
Bullish => Closing Price > Pivot Point
Bearish => Closing Price < Pivot Point
2. Support / Resistance
Each Pivot Points can be used as Support or Resistance
3. Take Profit Targets
Each Pivot Points can be used as targets for taking profit
