instrument { name = "Pivot Points", icon="indicators:ADX", overlay = true }
method_id = input (1, "Type", input.string_selection, { "Classic", "Fibonacci",
"Camarilla", "Woodie", "DeMark" })
input_group {
"Pivot Point",
level_0_color = input { default = "red", type = input.color },
level_0_width = input { default = 1, type = input.line_width }
}
input_group {
"Level 1",
level_1_color = input { default = "green", type = input.color },
level_1_width = input { default = 1, type = input.line_width }
}
input_group {
"Level 2",
level_2_color = input { default = "blue", type = input.color },
level_2_width = input { default = 1, type = input.line_width }
}
input_group {
"Level 3",
level_3_color = input { default = "yellow", type = input.color },
level_3_width = input { default = 1, type = input.line_width }
}
local function classic(candle)
p = (candle.high + candle.low + candle.close) / 3
r1 = 2 * p - candle.low
r2 = p + candle.high - candle.low
r3 = candle.high + 2 * (p - candle.low)
s1 = 2 * p - candle.high
s2 = p - candle.high + candle.low
s3 = candle.low - 2 * (candle.high - p)
end
local function fibonacci(candle)
p = (candle.high + candle.low + candle.close) / 3
r1 = p + (candle.high - candle.low) * 0.382
r2 = p + (candle.high - candle.low) * 0.618
r3 = p + (candle.high - candle.low)
s1 = p - (candle.high - candle.low) * 0.382
s2 = p - (candle.high - candle.low) * 0.618
s3 = p - (candle.high - candle.low)
end
local function camarilla(candle)
p = (candle.high + candle.low + candle.close) / 3
r1 = p + (candle.high - candle.low) * 1.1 / 12
r2 = p + (candle.high - candle.low) * 1.1 / 6
r3 = p + (candle.high - candle.low) * 1.1 / 4
s1 = p - (candle.high - candle.low) * 1.1 / 12
s2 = p - (candle.high - candle.low) * 1.1 / 6
s3 = p - (candle.high - candle.low) * 1.1 / 4
end
local function woodie(candle)
p = (candle.high + candle.low + 2 * candle.close) / 4
r1 = 2 * p - candle.low
r2 = p + (candle.high - candle.low)
s1 = 2 * p - candle.high
s2 = p - (candle.high - candle.low)
end
local function demark(candle)
x = candle.high + 2 * candle.low + candle.close
r1 = x/2 - candle.low
p = x / 4
s1 = x/2 - candle.high
end
local methods = { classic, fibonacci, camarilla, woodie, demark }
local resolution = "1W"
if is_daily then
resolution = "1M"
elseif is_weekly or is_monthly then
resolution = "1Y"
end
sec = security (current_ticker_id, resolution)
if sec then
local method = methods [method_id]
method (sec)
plot (p, "Pivot", level_0_color, level_0_width, 0, style.levels,
na_mode.restart)
plot (r1, "R1", level_1_color, level_1_width, 0, style.levels,
na_mode.restart)
plot (r2, "R2", level_2_color, level_2_width, 0, style.levels,
na_mode.restart)
plot (r3, "R3", level_3_color, level_3_width, 0, style.levels,
na_mode.restart)
plot (s1, "S1", level_1_color, level_1_width, 0, style.levels,
na_mode.restart)
plot (s2, "S2", level_2_color, level_2_width, 0, style.levels,
na_mode.restart)
plot (s3, "S3", level_3_color, level_3_width, 0, style.levels,
na_mode.restart)
end
