Indicators: pivots calculation based on pine script v4

[Automated-Trading]

pivots calculation based on pine script v4:

This is the exact conversion of pivotshigh and pivotslow functions from pine script v4 as an mql5 indicator.

Author: Yashar Seyyedin

[linfo2]

Thank you Yahar . It is most helpful to have a working example, Thanks for sharing your scripts 

[Yashar Seyyedin]

linfo2 #:
Thank you Yahar . It is most helpful to have a working example, Thanks for sharing your scripts 

Thanks linfo2. I am happy that you found it useful.

[Michael Yu]

Looks great!

 Can you make a mt4 version please?

[Yashar Seyyedin]

Michael Yu #: Looks great! Can you make a mt4 version please?

Thanks Michael. I did it:

Code Base

pivots calculation based on pine script v4

Yashar Seyyedin, 2024.01.07 12:47

This is the exact conversion of pivotshigh and pivotslow functions from pine script v4 as an mql4 indicator.

[FERDINAND TAMPUBOLON]

look like envelope 

how to trade with pivot ? 

buffer with icustome

[Yashar Seyyedin]

FERDINAND TAMPUBOLON #:

look like envelope 

how to trade with pivot ? 

buffer with icustome

It looks like an envelope but you should consider that each piece of line is being plotted after a considerable amount of bars being confirmed ==> Making it badly lagging.

It is just intended to be a conversion from standard libraries of pine script and nothing more.

[Alex trader]

Thanks. Very useful code.