zivforex

8 HRs Ghost Pivots

Monthly / Weekly / Daily / 8 HRs Ghost pivots
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.

Want to use this script on a chart?
//@version=2

plot(close)

study(title="Ghost Pivots", shorttitle="Ghost Pivots", overlay=true)

s8 = input(true, title="Show Next 8 HR Pivot") 

sd = input(true, title="Show Next Day Pivot")

sw = input(true, title="Show Next Week Pivot")

sm = input(true, title="Show Next Month Pivot")

//TODO: Need to change offsets so pivot is drawn ahead of last bar. The offset

// changes depending on the current time frame being displayed.

eightHR_offset = 0

day_offset = 0

week_offset = 0

month_offset = 0

// 8 HR pivot

etime_pivot = iff(sd==true, security(tickerid, '480', hlc3[0]), na)

//tomorrows pivot

dtime_pivot = iff(sd==true, security(tickerid, 'D', hlc3[0]), na)

//Next Weeks pivot

wtime_pivot = iff(sw == true, security(tickerid, 'W', hlc3[0]), na)

//Next Months pivot

mtime_pivot = iff(sm == true, security(tickerid, 'M', hlc3[0]), na)

plotchar(etime_pivot, color=blue, char="8",text="", location = location.absolute, offset=eightHR_offset)

plotchar(dtime_pivot, color=green, char="d",text="", location = location.absolute, offset=day_offset)

plotchar(wtime_pivot, color=red, char="w",text="", location = location.absolute, offset=week_offset)

plotchar(mtime_pivot, color=purple, char="m",text="", location = location.absolute, offset=month_offset)