This code snippet demonstrates how to prevent trading orders when the current price is near any pivot points by using arrays in ProBuilder. It is particularly useful for traders who want to avoid entering trades at potentially risky price levels that are close to key support or resistance levels.

DEFPARAM Cumulateorders=false
dist = 5 //distance from pivot points s/r
x = dist*pointsize //find proximity of pivot points
Ht = DHigh(1)
Bs = DLow(1)
C = DClose(1)
Pivot = (Ht + Bs + C) / 3
Res3 = Res1 + (Ht - Bs)
Res2 = Pivot + Ht - Bs
Res1 = (2 * Pivot) - Bs
Sup1 = (2 * Pivot) - Ht
Sup2 = Pivot - (Ht - Bs)
Sup3 = Sup1 - (Ht - Bs)
//using arrays to store pivot points
$p[0]= Pivot
$p[1] = Res3
$p[2] = Res2
$p[3] = Res1
$p[4] = Sup1
$p[5] = Sup2
$p[6] = Sup3
//loop into the array to check if price is too near
tradeok = 1
for i = 0 to lastset($p)
    if abs(close-$p[i])<=x then //near a pivot point
        tradeok=0 //no trading allowed!!
        break
    endif
next
// dummy strategy
if tradeok then
    a=rsi[14] crosses over 50
    IF a and not longonmarket THEN
        BUY 1 CONTRACT AT market
        set target pprofit 10
        set stop ploss 5
    ENDIF
endif
graph tradeok as "no pivot within range"

Explanation of the Code:

• Initialization: Disables order cumulation and sets a distance threshold for pivot points.
• Pivot Point Calculation: Computes daily pivot points and their respective support and resistance levels.
• Array Storage: Stores the calculated pivot points into an array $p for easy access.
• Proximity Check: Iterates through the array to check if the current price is within a specified distance from any pivot point. If it is, trading is disabled by setting tradeok to 0.
• Trading Logic: If the price is not near any pivot point (tradeok is 1), the script checks for a crossover in the RSI indicator as a condition to enter a trade.
• Graph Output: Displays a graph line indicating whether trading is allowed based on the proximity to pivot points.

This snippet is a practical example of how to integrate technical analysis and conditional logic into trading strategies using ProBuilder.