[blackcat] L2 Sylvain Vervoort SVE Pivots

19 ก.ค. 2022

Level 2

Background

Sylvain Vervoort’s articles in the May issues on 2018,“The V-Trade, Part 3: Technical Analysis—Fibonacci Projections And Daily Pivots”

Function

Sylvain Vervoort, in his May 2018 STOCKS & COMMODITIES article, “The V-Trade, Part 3: Technical Analysis—Fibonacci Projections And Daily Pivots,” introduces a modified version of the venerable floor trader pivots that he calls SvePivots. With his new SvePivots, he identifies additional support & resistance levels beyond the standard calculations. These include mid-levels between the between normal support & resistance as well as prior day highs and lows.

Remarks
you can customize 'res' parameter in setting to setup pivots' reference time frame.
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