Hi all,
I am using https://www.prorealcode.com/prorealtime-indicators/pivot-support-resistance-zones/ and I would like an addition to it if possible.
Look at the attatched chart. Is it possible to number the pivot support and resitance zones?
Every higher pivot =+1 Every lower pivot = -1
Count resets when pivot goes in opposite direction (is broken).
Can anyone help me please?
The screenshot is missing. Can you post it?
i don’t know what went wrong. New try for the attatchment 😉
Can you detail when PIVOTs (both red and green ones) are to be considered broken?
Hi Roberto, I think you have to forget “is broken” (wrong word choice). If a red pivot is painted lower than de other pivot it is -1. If an red pivot is painted above the “-“, the count reset.
Until then the pivot is painted lower againt then it resets again.
For the green pivots it is the same, lower -1, higher +1, resets when price changes i the other direction.
I hope it is clear.
@robertogozzi I have a more important an maybe for you an easier question: how can i detect the last pivot green and the last pivot red and a signal when the pivot is broken.
i hope you can help.
Kind regards, Erik
i already found my answer in the original post, my excuses.
@Papa
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Thanks 🙂
Your picture is not much clear, can you attach a better one, with some details on how it’s built and the indicators used?