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Pivot order block boxes [LM]
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Hello traders,
let me intoduce you pivot order block boxes. The idea is find the pivot point that within the right side count of candles achieved some percentage change and in that way filter out important pivots. Once the pivot point is found and matches the volatility condition then from the left side of pivot first candle that is up candle for pivot high and down candle for pivot low, could be also the pivot candle itself is selected and rendered high and low of that candle. The premise behind is that those are the levels profesional traders are buying.
It has two settings that you can change at your will, it also enables hide/show particular pivot setting
Hope you will enjoy as I enjoyed to write it.
Lukas
let me intoduce you pivot order block boxes. The idea is find the pivot point that within the right side count of candles achieved some percentage change and in that way filter out important pivots. Once the pivot point is found and matches the volatility condition then from the left side of pivot first candle that is up candle for pivot high and down candle for pivot low, could be also the pivot candle itself is selected and rendered high and low of that candle. The premise behind is that those are the levels profesional traders are buying.
It has two settings that you can change at your will, it also enables hide/show particular pivot setting
Hope you will enjoy as I enjoyed to write it.
Lukas
Nota Keluaran
max_bar_count added to 500 to avoid fails with using higher pivot settingNota Keluaran
update to version 5Skrip sumber terbuka
Dalam semangat sebenar TradingView, penulis telah menerbitkan kod Pine ini sebagai sumber terbuka supaya pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda boleh menggunakan perpustakaan ini secara percuma, tetapi penggunaan semula kod dalam penerbitan ini adalah dikawal oleh Peraturan dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.
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Penafian
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