OPEN-SOURCE SCRIPT
ATK/DEF S/R Pivot Levels
# Pivot Levels S/R
## Overview
Pivot Levels Table is a market structure visualization tool designed to display important Pivot-based support and resistance reference levels with additional volume context.
The indicator automatically detects recent Pivot Highs and Pivot Lows, displays multiple historical levels, and provides volume information around each level to help users analyze market structure and price reaction areas.
## Features
### 📌 Multi-Timeframe Pivot Levels
* Select different timeframes from 1 minute to Monthly.
* Autor calculates Pivot High and Pivot Low levels.
* Displays recent Resistance (R1/R2/R3) and Support (S1/S2/S3) areas.
* Helps visualize important historical price reference zones.
### 📊 Volume Radar
Each Pivot level includes volume information:
* Volume comparison against average volume.
* Relative volume ratio display.
* Volume intensity classification:
* Very Low
* Low
* Medium
* Above Average
* High
* Extreme
This provides additional context about market participation near historical levels.
### 📈 Pivot Volume Analysis
The indicator records volume information when Pivot points are formed.
Users can compare:
* Pivot location
* Price level
* Volume activity
* Relative volume strength
to better understand historical market behavior.
### 📋 Information Table
The dashboard displays:
* Current timeframe
* Current price reference
* Current volume condition
* Volume radar status
* Resistance levels
* Support levels
* Volume information for each Pivot level
### ⚙️ Customization
Available settings:
* Pivot sensitivity (Left / Right)
* Timeframe selection
* Label visibility
* Table scaling
* Background opacity
* Display preferences
## How It Works
Pivot points are identified using the built-in Pivot High and Pivot Low methodology.
Volume information is calculated by comparing current volume with the average volume over recent periods.
The indicator does not generate trading signals or provide trading recommendations. It is designed as a visual analysis tool to help users study price structure and volume behavior.
## Suggested Usage
This tool can be combined with:
* Price Action analysis
* Market structure analysis
* Support and resistance studies
* Volume analysis
* Multi-timeframe chart review
## Important Note
Pivot levels are historical reference points and do not guarantee future price reactions.
Market conditions, volatility, liquidity, and other factors should always be considered when interpreting chart information.
This script is intended for educational and analytical purposes only.
## Overview
Pivot Levels Table is a market structure visualization tool designed to display important Pivot-based support and resistance reference levels with additional volume context.
The indicator automatically detects recent Pivot Highs and Pivot Lows, displays multiple historical levels, and provides volume information around each level to help users analyze market structure and price reaction areas.
## Features
### 📌 Multi-Timeframe Pivot Levels
* Select different timeframes from 1 minute to Monthly.
* Autor calculates Pivot High and Pivot Low levels.
* Displays recent Resistance (R1/R2/R3) and Support (S1/S2/S3) areas.
* Helps visualize important historical price reference zones.
### 📊 Volume Radar
Each Pivot level includes volume information:
* Volume comparison against average volume.
* Relative volume ratio display.
* Volume intensity classification:
* Very Low
* Low
* Medium
* Above Average
* High
* Extreme
This provides additional context about market participation near historical levels.
### 📈 Pivot Volume Analysis
The indicator records volume information when Pivot points are formed.
Users can compare:
* Pivot location
* Price level
* Volume activity
* Relative volume strength
to better understand historical market behavior.
### 📋 Information Table
The dashboard displays:
* Current timeframe
* Current price reference
* Current volume condition
* Volume radar status
* Resistance levels
* Support levels
* Volume information for each Pivot level
### ⚙️ Customization
Available settings:
* Pivot sensitivity (Left / Right)
* Timeframe selection
* Label visibility
* Table scaling
* Background opacity
* Display preferences
## How It Works
Pivot points are identified using the built-in Pivot High and Pivot Low methodology.
Volume information is calculated by comparing current volume with the average volume over recent periods.
The indicator does not generate trading signals or provide trading recommendations. It is designed as a visual analysis tool to help users study price structure and volume behavior.
## Suggested Usage
This tool can be combined with:
* Price Action analysis
* Market structure analysis
* Support and resistance studies
* Volume analysis
* Multi-timeframe chart review
## Important Note
Pivot levels are historical reference points and do not guarantee future price reactions.
Market conditions, volatility, liquidity, and other factors should always be considered when interpreting chart information.
This script is intended for educational and analytical purposes only.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.