IT_TrendPivots
IT_TrendPivots calculates pivots based on trends instead of the prior day.
Description
TrendPivots
-
The IT_TrendPivots indicator, like the IT_TrendFibs indicator, uses trends to determine when the high and low swings occur. This indicator then calculates pivots based on those swings. It has selectable pivot formulas for displaying Standard pivots, Camarilla pivots, Woodies pivots and even Scorpion pivots.
Standard pivots with mid lines.
Camarilla pivot calculations, mid lines off.
Woodies pivots show, Scorpion available also.
Below is clip of the available indicator settings. The trend line can be on or off, as well as the mid lines. The pivot lines can be a fixed length or automatically start at the trend change.
IT_TrendPivots settings.
Change Log
-
12/6/13 - Fixed the indicator to work with the new RJay's bars such as RenkoSpectrum2.