The Master Pivot indicator is a very interesting generator of static levels based on historical percentage variation.
The levels are completely customizable changing the input numbers.
Period can also be modified to select the preferred Time Frame.
The color is flexible so you can change color easily, we recommend a red color upper and lower green for a contrarian style, conversely instead for a style follower trend.
This indicator used in a confluent way offers some really interesting ideas.
- TimeFrame Period
- LEVELS SETTINGS
- Up Medium Price Enable (true/false)
- Level Up 1
- Level Up 2
- Level Up 3
- Level Up 4
- Level Up 5
- Down Medium Price Enable (true/false)
- Level Down 1
- Level Down 2
- Level Down 3
- Level Down 4
- Level Down 5
- COLOR SETTINGS