netixen

NX_Pivots

600
Just simplified pivots for use with BTCUSD
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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//Adapted by netixen from CM_Pivot Points by ChrisMoody 6-14-14 
//Daily, Weekly, Monthly, Yearly Pivots 
//calculations from http://en.wikipedia.org/wiki/Pivot_point 
study(title="Netixen_Pivots", shorttitle="NX_Pivots", overlay=true) 
sd = input(true, title="Show Daily Pivots?")
sw = input(false, title="Show Weekly Pivots?")
sm = input(false, title="Show Monthly Pivots?")
sy = input(false, title="Show Yearly Pivots?")


//Classic Pivot Calculations
pivot = (high + low + close ) / 3.0 
r1 = pivot + (pivot - low)
s1 = pivot - (high - pivot) 
r2 = pivot + (high - low) 
s2 = pivot - (high - low) 

//Daily Pivots 
dtime_pivot = security(tickerid, 'D', pivot[1]) 

offs_daily = 0 
plot(sd and dtime_pivot ? dtime_pivot : na, title="Daily Pivot",style=circles, color=fuchsia,linewidth=2) 

//Weekly Pivots 
wtime_pivot = security(tickerid, 'W', pivot[1]) 

plot(sw and wtime_pivot ? wtime_pivot : na, title="Weekly Pivot",style=circles, color=fuchsia,linewidth=3) 

//Monthly Pivots 
mtime_pivot = security(tickerid, 'M', pivot[1]) 

plot(sm and mtime_pivot ? mtime_pivot : na, title="Monthly Pivot",style=cross, color=fuchsia,linewidth=4) 

//Yearly Pivots
ytime_pivot = security(tickerid, '12M', pivot[1]) 

plot(sy and ytime_pivot ? ytime_pivot : na, title="Yearly Pivot",style=cross, color=fuchsia,linewidth=4)