OPEN-SOURCE SCRIPT
Pivot Points Original Recreation
Pivot Points Original Recreation is a technical analysis indicator designed to identify potential pivot highs and pivot lows directly on the price chart.
The indicator highlights important swing points where price may have formed a temporary top or bottom. These pivot levels can help traders analyze market structure, trend direction, support and resistance zones, and possible reversal or continuation areas.
Main features:
- Detects pivot highs and pivot lows
- Displays clear PH and PL labels on the chart
- Helps identify swing structure and key turning points
- Useful for support and resistance analysis
- Can assist with trend continuation and reversal setups
- Works across forex, gold, indices, crypto, stocks, and other liquid markets
This indicator is intended for technical analysis and educational purposes only. It does not provide guaranteed buy or sell signals and should not be used as a standalone trading system. Traders should combine it with proper risk management, market structure analysis, and their own trading strategy.
The indicator highlights important swing points where price may have formed a temporary top or bottom. These pivot levels can help traders analyze market structure, trend direction, support and resistance zones, and possible reversal or continuation areas.
Main features:
- Detects pivot highs and pivot lows
- Displays clear PH and PL labels on the chart
- Helps identify swing structure and key turning points
- Useful for support and resistance analysis
- Can assist with trend continuation and reversal setups
- Works across forex, gold, indices, crypto, stocks, and other liquid markets
This indicator is intended for technical analysis and educational purposes only. It does not provide guaranteed buy or sell signals and should not be used as a standalone trading system. Traders should combine it with proper risk management, market structure analysis, and their own trading strategy.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
More charts, notes, and trading updates: @mmxmtrading_999 on X
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
More charts, notes, and trading updates: @mmxmtrading_999 on X
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.