Pivot Based Market Level
- Indicateurs
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Peham Murtaza
Welcome to ShaifFX Labs.
I specialize in designing algorithmic trading tools — including indicators, automation systems, and expert advisors — built for clarity, transparency, and performance. - Version: 1.0
- Activations: 20
Pivot-Based Market Levels (Visible Range)
This indicator automatically identifies key market levels (zones) based on pivot clusters within the visible chart range.
It is designed to highlight areas where price has reacted multiple times, helping traders focus on relevant structure instead of cluttered support/resistance lines.
📌 The indicator adapts to any timeframe and symbol and updates dynamically as the visible range changes.
🔍 How levels are detected
Uses pivot highs/lows to find price reaction points
Groups nearby pivots into zones using ATR-based clustering
Ranks zones by number of touches (strength)
Displays only the most relevant zones to keep the chart clean
This approach allows the indicator to show multiple market levels, not just one support and one resistance.
⚙️ Key features
Visible-range based detection (no fixed lookback)
Pivot-cluster logic for stronger, cleaner zones
ATR-scaled zone thickness (adapts to volatility)
Fully tunable parameters
Clean visuals with automatic thinning on zoom
Works on all symbols and timeframes
EA-friendly (levels are drawn as chart objects)
👥 Who is this indicator for?
Designed for:
Scalpers
Intraday traders
Swing traders
Funded account traders
Thanks to its tunable inputs, traders can adapt the indicator to their own strategy and timeframe.
⚠️ Important notes
This indicator does not repaint historical zones, but zones may update when the visible range changes
It is a levels/zones tool, not a trading signal system
Best used together with price action, entries, or confirmation tools
📘 How to use & tuning guide
To keep this description clean, a separate PDF guide is provided explaining:
What each input does
How to tune settings for different trading styles
Example configurations (scalping vs swing)
📘 User Guide (PDF)
A complete user guide explaining how the indicator works,
its inputs, and best-practice usage is available here: https://drive.google.com/file/d/1ZEXu_Aq10rS4eZg-vkq6EoJsc41GDnLm/view?usp=sharing
The guide is provided for transparency and educational purposes.
