OPEN-SOURCE SCRIPT
Pivot order block boxes [LM]
Aggiornato
Hello traders,
let me intoduce you pivot order block boxes. The idea is find the pivot point that within the right side count of candles achieved some percentage change and in that way filter out important pivots. Once the pivot point is found and matches the volatility condition then from the left side of pivot first candle that is up candle for pivot high and down candle for pivot low, could be also the pivot candle itself is selected and rendered high and low of that candle. The premise behind is that those are the levels profesional traders are buying.
It has two settings that you can change at your will, it also enables hide/show particular pivot setting
Hope you will enjoy as I enjoyed to write it.
Lukas
let me intoduce you pivot order block boxes. The idea is find the pivot point that within the right side count of candles achieved some percentage change and in that way filter out important pivots. Once the pivot point is found and matches the volatility condition then from the left side of pivot first candle that is up candle for pivot high and down candle for pivot low, could be also the pivot candle itself is selected and rendered high and low of that candle. The premise behind is that those are the levels profesional traders are buying.
It has two settings that you can change at your will, it also enables hide/show particular pivot setting
Hope you will enjoy as I enjoyed to write it.
Lukas
Note di rilascio
max_bar_count added to 500 to avoid fails with using higher pivot settingNote di rilascio
update to version 5Script open-source
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