QuantNomad

QuantNomad - Ultimate Pivot Points Alerts

Created a universal script for pivot points alerts.
In the script, you can choose one of 4 pivot point types: Traditional, Fibonacci, Woodie, and Camarilla .

You are able to create separate alerts for every level or create one for price crossing any level.
For separate levels, you can choose: "Cross", "Crossover" and "Crossunder".

You can also choose to show/hide:
Historical Levels
Levels Values
Current Levels - Levels calculated on the current period, on close of the period they will become valid levels for next periods. These levels do not participate in alerts calculations.

Because of some TradingView limitations, alerts won't be fired for the first bar of the session.
In the script used new v4 plotting features, so will be able to plot levels and labels nicely. Unfortunately, there is a limit on the number of consecutive lines you can plot on the plot (around 50), so historical lines in the past will disappear after 6-7 periods.

And remember:
Past performance does not guarantee future results.
Release Notes: adding max_bars_back
Release Notes: Updated number of bars back to 1000
Release Notes: Another fix to max bars back
Release Notes: Cleaning the code
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.

Want to use this script on a chart?
Courses:
PineScript Programming: https://qntly.com/pinepro
TradingView Essential: https://qntly.com/tve

Access to Pro Indic.: https://qntly.com/proind

YouTube: https://qntly.com/youtube
Discord: https://qntly.com/discord
Telegram: https://qntly.com/tel

Comments

Very nice indicator, How can i gets the R/S levels in round figures?
I don't want 265.22
It should be 265
+4 Reply
QuantNomad TradeShotsPro
@TradeShotsPro, you can use round function in the code
Reply
Hi, Thank you for the script. Could you please help me/guide me to make this work on Heikin Ashi Candles?
+1 Reply
QuantNomad wayfinder777
@wayfinder777, You mean you want to calculate it on HA and apply on usual candles?
Reply
wayfinder777 QuantNomad
@QuantNomad, No, I would like to apply it on HA and use it on HA itself. Currently its working fine on Normal candles but showing the same output on HA as well which should not right.
Reply
QuantNomad wayfinder777
@wayfinder777, well, it's weird. Will check it. It uses candles from your chart, should work on HA differently.
Reply
QuantNomad wayfinder777
@wayfinder777, just checked, on HA it is a bit different. Script uses low/high of the period to calculate pivot levels, on HA low/high is close to low/high of usual candles at a period of time.
Reply
Returns error = "Memory Limits exceeds. The study allocates 3.4 times more than allowed". Do anyone have fix for it.
Reply
Very nice Indicator. But there's some kind of bug that make it can't show historical pivot in every period that we choose.
Reply
Hi, thank you very much for sharing this script. I permanently have “Memory limits exceeded. The study allocates 3.4 times more than allowed” error.
How to correct this?
Reply
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