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Simple Pivot Points
02/12/2025
90
Desktop
ตั้งแต่ 20/12/2024
ติดตั้งฟรี
751
"Simple Pivot Points" ภาพที่อัปโหลด"Simple Pivot Points" ภาพที่อัปโหลด

Calculate support and resistance levels using five professional pivot methods across any timeframe.


Automatically generates pivot levels (Standard, Fibonacci, Woodie, Camarilla, DeMark) from M5 to Monthly data with time-bound display for each period.

Five calculation algorithms with distinct S/R spacing logic, configurable support/resistance levels (0-6 per side), historical pivot display for multiple previous periods, auto-labeled lines (PP, R1-R6, S1-S6), and color-coded visualization deliver institutional-grade pivot analysis for traders targeting key price levels and intraday reversals.


Features


Five Calculation Methods

  • Standard: Classic floor trader formula—the most widely watched pivots globally
  • Fibonacci: Uses Fib ratios (38.2%, 61.8%, 100%, 138.2%, 161.8%) for S/R spacing
  • Woodie: Weights the close price heavily—more reactive to recent price action
  • Camarilla: Tight intraday levels using 1.1/12 multipliers—popular for scalping
  • DeMark: Conditional formula based on close vs. open relationship—only 1 S/R level but highly respected


Full Customization

  • Any timeframe: Calculate from M5, H1, H4, Daily, Weekly, Monthly data
  • Historical pivots: Show up to multiple previous periods (e.g., last 3 weeks of pivots)
  • Configurable levels: Display 0-6 support/resistance levels per side
  • Auto-labeled lines: PP, R1-R6, S1-S6 clearly marked
  • Time-bound lines: Each period's pivots displayed only for that period's duration
  • Color-coded: Pivot (tan), Resistance (red), Support (green)


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More Free Indicators


Check out my other indicators—each one built with production-level code quality and practical features traders actually need.

All free to use. But if you feel like sending coffee support, you can route it to tinyurl(dot)com/coffee-supply


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Disclaimer

Trading involves risk. This indicator is intended for technical analysis only — always apply proper risk management and trade responsibly.


Feedback & Improvements

If you have suggestions, feature requests, or ideas for enhancement, please leave a comment in the Discussion tab. Your feedback helps improve the indicator for everyone.

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