Pivot Star
Pivot Star
This indicator draws current pivot points, it does not plot history. Clean and simple.
Choice of Standard, Fibonacci, Camarilla, Woody’s, and Demark pivot calculations.
The calculation is based on the previous bar of the chosen period.
The default setting is H1, for scalping.
- xShift positions pivot lines relative to the first bar (positive number shifts to the right).
- xLen sets the length of lines (by the number of bars, in theory).
Two additional lines are drawn — The previous day’s High and Low.
Each line can be set up to your liking: Color, Style, Thickness (set color to None to disable line).
Thicker lines are the previous day’s High/Low. Drawn only on lower than D1 time frames.
Camarilla Pivot includes L3, L4, L5, H3, H4, H5 lines. Other points are omitted as they’re not really needed.