Pivot levels is indicator showing 7 pivot levels. It is adjusted for major use, including:
- all standard time frames
- choice of periods to show
- three popular calculation formulas (typical, median, weighted)
- 9 level Camarilla pivot
- pivot day shift
- choice of properties for lines and labels
- choice of showing alerts when crossing pivot lines
Parameters:
———-Main parameters———–
- Timeframe – time frame for pivot levels
- Number of periods to show – displays pivot levels for number of periods
- Formula for calculation – four calculation formulas (typical, median, weighted and Camarilla) can be chosen
- Pivot day shift – offset from GMT time
———-Lines and labels———–
- Extend lines for last period? – if true last period pivot lines are extended
- Show transitions between periods? – if true transitions are shown, if false transitions are hidden
- Show labels? – if true labels are shown, if false labels are hidden
- Font size for labels – enter font size for labels
- Bar offset for labels – enter number of bars to shift the position of labels (+ to the right)
- Pivot line color – choose the line color
- Pivot line style – choose the line style
—————–Alerts—————–
- Show alerts? – if true alert is shown when price crosses pivot level, if false non alerts are displayed
- Send push notification when price crosses levels? – if true notification is sent to your mobile when price crosses pivot level
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