OPEN-SOURCE SCRIPT
Pivot Points | Falcon AI
Draws Classic and Camarilla pivot levels from the previous period's high, low and close, on a daily or weekly anchor.
Classic pivots give you the central pivot plus three supports and three resistances, derived from the standard published formula. Camarilla uses a tighter multiplier set, so its levels sit closer to price and are read differently: the inner pair as mean-reversion boundaries, the outer pair as breakout markers. Both are drawn from the same prior-period data, so you can see where the two frameworks agree or disagree on a given day.
Levels are drawn as extended lines with optional labels and refresh automatically when a new period begins. You can show either set on its own or both together, and switch the anchor between daily and weekly. Only the current period extends to the right and carries labels, so the chart stays readable as history builds.
Settings: pivot period (Daily / Weekly), method (Classic / Camarilla / Both), include current unclosed period on or off, how many R/S pairs to show, periods of history to keep drawn, colours, widths, label side, info panel.
A note on repainting: by default the levels come from the last CLOSED period and stay fixed all session. Turning on "Include current (unclosed) period" deliberately opts into levels that move as the period develops.
This script does NOT place trades, does NOT backtest, and contains no entry, stop, or position-sizing logic. It draws reference levels and nothing more. Your entry, your risk.
Educational tool only. Not financial advice and not a recommendation to buy or sell. Past price behaviour around any level does not predict future behaviour.
Classic pivots give you the central pivot plus three supports and three resistances, derived from the standard published formula. Camarilla uses a tighter multiplier set, so its levels sit closer to price and are read differently: the inner pair as mean-reversion boundaries, the outer pair as breakout markers. Both are drawn from the same prior-period data, so you can see where the two frameworks agree or disagree on a given day.
Levels are drawn as extended lines with optional labels and refresh automatically when a new period begins. You can show either set on its own or both together, and switch the anchor between daily and weekly. Only the current period extends to the right and carries labels, so the chart stays readable as history builds.
Settings: pivot period (Daily / Weekly), method (Classic / Camarilla / Both), include current unclosed period on or off, how many R/S pairs to show, periods of history to keep drawn, colours, widths, label side, info panel.
A note on repainting: by default the levels come from the last CLOSED period and stay fixed all session. Turning on "Include current (unclosed) period" deliberately opts into levels that move as the period develops.
This script does NOT place trades, does NOT backtest, and contains no entry, stop, or position-sizing logic. It draws reference levels and nothing more. Your entry, your risk.
Educational tool only. Not financial advice and not a recommendation to buy or sell. Past price behaviour around any level does not predict future behaviour.
Скрипт с открытым кодом
В истинном духе TradingView, создатель этого скрипта сделал его открытым исходным кодом, чтобы трейдеры могли проверить и убедиться в его функциональности. Браво автору! Вы можете использовать его бесплатно, но помните, что перепубликация кода подчиняется нашим Правилам поведения.
📊 Falcon AI — World's most transparent algo trading service ·Automated Futures strategies · 14-day Setup Guarantee. Free community & live results → thefalconai.com
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Скрипт с открытым кодом
В истинном духе TradingView, создатель этого скрипта сделал его открытым исходным кодом, чтобы трейдеры могли проверить и убедиться в его функциональности. Браво автору! Вы можете использовать его бесплатно, но помните, что перепубликация кода подчиняется нашим Правилам поведения.
📊 Falcon AI — World's most transparent algo trading service ·Automated Futures strategies · 14-day Setup Guarantee. Free community & live results → thefalconai.com
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.