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Pivot Points (with Mid-Pivots)

ai18  
Pivot Points Technical Analysis Daily Charts
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pivotpoints technicalanalysis daily
Brief Description
Pivot points are horizontal support and resistance lines placed on a price chart. They make strong levels of support and resistance because banks, financial institutions and many traders use them.

The indicator is set to the Daily Pivot Range by default (no support for weekly, monthly, quarterly, or yearly Pivots).

Indicator Settings
Show Mid-Pivots?
Show R3 and S3 levels?
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

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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