Clean Pivot By Ravi Belkhindi
This indicator create pivot on intraday charts, It has the following features
1. Create Pivots on intraday chart extending till the session closure time ( till 3.30 PM IST )
2. Dynamically plot Monthly and Weekly plots only if fall in daily pivot zone ( R3 to S3 )
3. CPR zone color indicated narrow and wide range, user can change the definition of narrow range in terms of %
4. Pivot visible only in intraday timeframe
1. Create Pivots on intraday chart extending till the session closure time ( till 3.30 PM IST )
2. Dynamically plot Monthly and Weekly plots only if fall in daily pivot zone ( R3 to S3 )
3. CPR zone color indicated narrow and wide range, user can change the definition of narrow range in terms of %
4. Pivot visible only in intraday timeframe
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Updated Labels
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Updated - Titles
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Added new labels
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Pivot visible only in 5, 15 and 30 min chart
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Updated with Label alignment
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Updated Pivot and CPR with extension for day
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Updated - Color coding for SMA and EMA
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Following is the update
1. Volume indication
User input for average volume calculation
if current volume is greater than 150% of average volume of last n candles then Yellow cross shown above the candle at R1
if current volume is greater than 300% of average volume of last n candles then Green cross shown above the candle at R1
This is useful while trading gap openings.
1. Volume indication
User input for average volume calculation
if current volume is greater than 150% of average volume of last n candles then Yellow cross shown above the candle at R1
if current volume is greater than 300% of average volume of last n candles then Green cross shown above the candle at R1
This is useful while trading gap openings.
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Retained previous Pivot lines
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Updated