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Noldo

Derivative Pivot HL Points

Noldo  
Pivot Points pivot pivotstrategy mutable high LOW
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pivotpoints pivot pivotstrategy mutable high low
Hello.
This script aims to take into account mutable variable Pivot Points' periods.

While doing this, it takes the period between 2 signals that I use in the script:


Noldo CFTC COT Forex Indicator


And these periods in my Pivot HL function integrated into len length (Mutable variables) :


Function : Pivots High and Low


The cornerstone of the script is these facts.
Pivot can be optimized by playing with reversal periods.

These pre-formed levels can be used as Supply and Demand levels.

Regards.
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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