RyuPivot

🔰 Pivot Points Standard Traditional Pivot Levels

📌Shows the same pivot levels from the Pivot Points Standard (Pivots) indicator on the Traditional settings. But with 3 indicators in one, can show the daily, weekly, and monthly levels all in one indicator. This indicator only shows the current pivot level and not the previous ones and will auto adjust update to the newest one. The current pivot line levels are shown across the chart.

📌Features
🔹P-D = Pivot Daily Timeframe
🔹P-W = Pivot Weekly Timeframe
🔹P-M = Pivot Monthly Timeframe
🔹S1, S2, S3, S4, S5 Pivot Supports with each timeframe D/W/M
🔹R1, R2, R3, R4, R5 Pivot Resistances with each timeframe D/W/M
🔹Can show/hide any timeframe Daily, Weekly, Monthly, or all
🔹Option to show/hide the 4th and 5th support/resistance levels
🔹Can adjust the line width for each timeframe
🔹Can show/hide pivot text labels
🔹Can adjust pivot text labels position offset

📌Default set Daily Pivots off, can use for trading lower timeframes for scalps. Shows Monthly and Weekly pivots with Pivot support/resistance levels 4 and 5 default on, optionally can hide. Default line width set with Monthly largest at 3, Weekly at 2, and Daily smallest at 1; can adjust to preference and can change color in the style tab. Note, for the Daily Pivots levels for S4, S5, R4, and R5 text labels are not shown since ran out of room to add more, but the line levels are still shown.

Versionshinweise:

📌Updated to pine script v4.

📌Shows the pivot level text and price on the chart with options to show/hide.
📌Daily pivots are default off and hidden in higher timeframes greater than 1h.

📌Pivot level horizontal lines show for the duration of the level, at the end of the day/week/month a new line is updated shown for the next period.
🔹Daily Pivot levels length shows for the day
🔹Weekly Pivot levels length shows for the week
🔹Monthly Pivot levels length show for the month

📌Options to customize the style of the pivots lines and labels for your preferences.
🔹Change colors options
🔹Can extend lines in either direction
🔹Change line type to solid, dotted, or dashed
🔹Change the size of the levels and price text
🔹Can change the size of the line width

Versionshinweise:

📌Some minor updates/fixes
🔹Fixed issue sometimes monthly levels would be off on some timeframes randomly
🔹Fixed daily labels not showing
🔹Added option in settings to hide daily pivots on higher timeframes so can now turn on/off

Versionshinweise:

📌Updates new features

📌Added pivots trend bias signals for daily/weekly/monthly pivots
🔹Added confirmation filter for pivots trend bias signals
🔹Added option to switch monthly pivot signals to labels/triangles
🔹Monthly signals plots default are labels and daily/weekly are smaller triangles

📌Added dynamic trend color option for pivots
🔹Updates color of the current pivot levels based on the pivots trend bias

📌Added option to show previous pivot levels
🔹Does not update the previous pivot dynamic trend colors

📌Added option for the weekly pivots for 1 week or 2 weeks

📌Added option for brighter/faded colors levels

📌Daily and weekly pivots are default off, can turn on in settings

📌Added pivot trend bias signals alerts and combo alerts