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PivotsDynamic

The next indicator calculate pivot points (Pivot point, Resistance1, Resistance2, Resistance3, Support1, Support2, Support3) using classical formula but instead of using static data (previous day data) uses x bars that keep updating as new bar is made.

It has the next inputs:

  • periods: Amount of periods (bars) to calculate pivot points.

Every level can be customized in terms of style, width, colour.

Note: As this indicator keep constantly updating as new bar forms it repaints past data when you update, change symbol or change timeframe so the only valuable info is the present data of indicator so it makes no sense to backtest because you will always see present data.

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Version 2.0 - 2016.04.06
Added:
-Visible prices on every level that can be customizable in colour and size and can be switched off changing "true" for "false".
-More formulas to calculate pivot points (Camarilla, Woodie, Fibonacci and the standard).
Version 1.10 - 2016.03.31
Added the possibility to change indicator timeframe calculation without having to change timeframe on chart.