Pivot High Low Points

by using this script you can find Pivot High-Low Points. This script works like Tradingview pivothigh & pivotlow functions.

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by LonesomeTheBlue
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.

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Great indicator. Love the simplicity.
How would you set an alert to buy or sell based on the plot parameters due to the offset?
+8 Reply
@aaahopper, if you add following 4 lines then you can set alarms

sellcondition = iff(not na(high), iff(highestbars(mb) == -lb, true, false), false)
buycondition = iff(not na(low), iff(lowestbars(mb) == -lb, true, false), false)

alertcondition(buycondition, title='Pivot HL Signal', message='Pivot HL Buy Signal')
alertcondition(sellcondition, title='Pivot HL Sell Signal', message='Pivot HL Sell Signal')
+6 Reply
LonesomeTheBlue LonesomeTheBlue
I don't recommend to add alarm, it may not be usefull because of delay up to lb (leftbars).
aaahopper LonesomeTheBlue
@LonesomeTheBlue, Thank you very much
aaahopper aaahopper
@aaahopper, So When a buy an alert is triggered it will be"-lb" from the signal?
+1 Reply
@aaahopper, yes that's true. better to use this for analysis purposes (not for buy/sell signals)
UnknownUnicorn10592196 LonesomeTheBlue
@LonesomeTheBlue, Hi, if is not much trouble for you, can you tell me how can i make it trigger an alarm 2 minutes before the candle close?.
no repaint after bar is closed?
+4 Reply
mrgr888n mrgr888n
oh, I see.. it lags for an hour.
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