Multi-timeframe Pivot Point

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This indicator is a lightweight indicator designed to display higher timeframe pivot levels on your chart.
It helps traders quickly identify key support and resistance zones derived from higher timeframes (such as daily or weekly pivots) while analyzing lower timeframes (e.g., 15m or 1h charts).

Calculation Logic

This indicator uses the classic pivot point formula, calculated from high, low, and close values:

PP  = (High + Low + Close) / 3
R1  = 2 * PP - Low
S1  = 2 * PP - High
R2  = PP + (High - Low)
S2  = PP - (High - Low)
R3  = R1 + (High - Low)
S3  = S1 - (High - Low)

Additionally, it includes breakout levels:

HBOP = PP + PP + (High - Low) - Low
LBOP = PP + PP - (High - Low) - High

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ملاحظات الأخبار

fix bug

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ملاحظات الأخبار

fix rendering bug

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ملاحظات الأخبار

add plot labels

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ملاحظات الأخبار

duplicated plots are removed.

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ملاحظات الأخبار

clean code