Pratik_4Clover

Camerilla Pivots

Before starting special thanks to @QuantNomad for his script "Ultimate Pivot Point Alerts"
Link : -
Please follow and support him for his work.

In this script I'm modifying how time frame factor is imported into the script and removing other types of Pivots and cleaning it further for only CAMs, I've also added the formulas for 5 and 6 numbers, it will help in trading breakout strategies.

Note that this way of importing Time frame produces minor difference in readings/levels from how it is done in QuantNomads script, so before taking your pics you should calculate your levels on separate sheet and compare which ones are working for you and your strategy.

I've been using this CAM setup for almost a year now, so I coded it as per my needs, it is up to users to utilize it to theirs.


Further utility:
1. You can hide/unhide S/R levels 5/6
2. This is MultiTimeframe version, meaning you can change Time-frame of Pivots being displayed on any TF chart.
3. Lines are produced for only level 3 and 4. And you can choose to hide them. Only Pivot line is kept and can not be hidden.
4. You can also choose to hide/unhide level value and only see label if you want.
5. No historical levels are kept to avoid clutter.

I've not included alerts as I don't use them, but if anyone wants it I suggest referring to @QuantNomad script bank. He has published number of excellent scripts in this regard.

There is no restrictions on this script, it can be used and reproduced freely. Its my way of doing little something for community and my first script.

Enjoy.

Versionshinweise: Update: Added option to change input OHLC data, now you can choose to have Heiken OHLC data as a basis for calculations in script. Also updated formatting to make it more cleaner.

Enjoy!
Versionshinweise: Changes made to default settings, now by default it is taking in regular candle OHLC readings, user can switch to Heiken Ashi. Done this since majority will stick with regular OHLC data.
Open-source Skript

Ganz im Sinne von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es verstehen und überprüfen können. Ein Hoch auf den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Publikation unterliegt den Hausregeln. Sie können das Skript den Favoriten hinzufügen, um es auf dem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?

Kommentare

Is there any possible to Calculate the pivot point start from London or newyork market open time?
Antworten
Only showing 2 levels on my chart I dont know what they are as there are no labels even though i have that option checked also I cant get levels 5 and 6 to show
Antworten
@Lij_MC, Working fine here

Antworten
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