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PivotLines

A pivot point is a price level of significance in technical analysis of financial markets that is used by traders as a predictive indicator of market movement. A pivot point is calculated as an average of significant prices (High, Low and Close) from the performance of a market in the prior trading period. If the market in the following period trades above the pivot point, it is usually evaluated as a bullish sentiment, whereas trading below the pivot point is seen as bearish.


Parameters

  • DeletePreviousDayLine - if true, pivot lines are drawn only for today, and if it is false, the lines are drawn for all days.
  • PPColor - color of main line.
  • PRColor - color of resistance lines.
  • PSColor - color of support lines.
  • PivotWidth - width of all lines.
Yvonne
331
2017.03.30 18:08 
 

Nice and clean indicator which doesnt clutter up the charts

Maksym Mudrakov
9725
2016.08.30 19:44 
 

User didn't leave any comment to the rating

Alain Verleyen
30754
2014.08.22 22:55 
 

It's working well, but a little naked.