TRAMA Cross Pivot Points📌 Description: TRAMA Cross Pivot Points
This indicator combines the powerful Trend Regularity Adaptive Moving Average (TRAMA) with dynamic pivot point.
🔍 What It Does:
Calculates a long-term TRAMA (default length 278) to filter trend direction and smooth volatility. I mostly use the lengths 20, 50, 100, 200, 278, and 314 to mark areas of retest.
Detects bullish and bearish price crossovers above and below the TRAMA.
Plots real-time pivot levels when a crossover occurs.
Draws a dashed horizontal pivot line only at the most recent crossover, keeping your chart clean and focused.
Includes alert conditions so you never miss a strategic moment.
⚙️ How It Works:
Bullish TRAMA Cross: When price crosses above the TRAMA, the script:
Calculates a potential pivot low using DM-style Logic.
Plots a green dashed line at that pivot level.
Optionally triggers an alert.
Bearish TRAMA Cross: When price crosses below the TRAMA:
A pivot high is calculated and plotted as a red dashed line.
Optional alert lets you know of a possible top.
📈 Pivot Logic:
Uses real-time candle data (OHLC) to adjust pivot points dynamically.
These pivots can act as potential support/resistance levels or entry zones.
🔔 Alerts:
Triggered when price crosses the TRAMA up or down.
Ideal for traders looking to enter on structure-based momentum.
