PINE LIBRARY
Atualizado Pivots

Library "Pivots"
This Library focuses in functions related to pivot highs and lows and some of their applications (i.e. divergences, zigzag, harmonics, support and resistance...)
pivots(srcH, srcL, length) Delivers series of pivot highs, lows and zigzag.
Parameters:
srcH: Source series to look for pivot highs. Stricter applications might source from 'close' prices. Oscillators are also another possible source to look for pivot highs and lows. By default 'high'
srcL: Source series to look for pivot lows. By default 'low'
length: This value represents the minimum number of candles between pivots. The lower the number, the more detailed the pivot profile. The higher the number, the more relevant the pivots. By default 10
Returns: [pivotHigh, pivotLow]
zigzagArray(pivotHigh, pivotLow) Delivers a Zigzag series based on alternating pivots. Ocasionally this line could paint a few consecutive lows or highs without alternating. That happens because it's finding a few consecutive Higher Highs or Lower Lows. If to use lines entities instead of series, that could be easily avoided. But in this one, I'm more interested outputting series rather than painting/deleting line entities.
Parameters:
pivotHigh: Pivot high series
pivotLow: Pivot low series
Returns: [zigzagSeries, zigzagValues, zigzagIndex, zigzagPivot]
zigzagLine(srcH, srcL, colorLine, widthLine) Delivers a Zigzag based on line entities.
Parameters:
srcH: Source series to look for pivot highs. Stricter applications might source from 'close' prices. Oscillators are also another possible source to look for pivot highs and lows. By default 'high'
srcL: Source series to look for pivot lows. By default 'low'
colorLine: Color of the Zigzag Line. By default Fuchsia
widthLine: Width of the Zigzag Line. By default 4
Returns: Zigzag printed on screen
divergence(h2, l2, h1, l1, length) Calculates divergences between 2 series
Parameters:
h2: Series in which to locate divs: Highs
l2: Series in which to locate divs: Lows
h1: Series in which to locate pivots: Highs. By default high
l1: Series in which to locate pivots: Lows. By default low
length: Length used to calculate Pivots: By default 10
Returns: [actualH2, actualL2, actualH1, actualL1, bullRegDiv, bearRegDiv, bullHidDiv, bearHidDiv, bullRegDivRT, bearRegDivRT, bullHidDivRT, bearHidDivRT]
This Library focuses in functions related to pivot highs and lows and some of their applications (i.e. divergences, zigzag, harmonics, support and resistance...)
pivots(srcH, srcL, length) Delivers series of pivot highs, lows and zigzag.
Parameters:
srcH: Source series to look for pivot highs. Stricter applications might source from 'close' prices. Oscillators are also another possible source to look for pivot highs and lows. By default 'high'
srcL: Source series to look for pivot lows. By default 'low'
length: This value represents the minimum number of candles between pivots. The lower the number, the more detailed the pivot profile. The higher the number, the more relevant the pivots. By default 10
Returns: [pivotHigh, pivotLow]
zigzagArray(pivotHigh, pivotLow) Delivers a Zigzag series based on alternating pivots. Ocasionally this line could paint a few consecutive lows or highs without alternating. That happens because it's finding a few consecutive Higher Highs or Lower Lows. If to use lines entities instead of series, that could be easily avoided. But in this one, I'm more interested outputting series rather than painting/deleting line entities.
Parameters:
pivotHigh: Pivot high series
pivotLow: Pivot low series
Returns: [zigzagSeries, zigzagValues, zigzagIndex, zigzagPivot]
zigzagLine(srcH, srcL, colorLine, widthLine) Delivers a Zigzag based on line entities.
Parameters:
srcH: Source series to look for pivot highs. Stricter applications might source from 'close' prices. Oscillators are also another possible source to look for pivot highs and lows. By default 'high'
srcL: Source series to look for pivot lows. By default 'low'
colorLine: Color of the Zigzag Line. By default Fuchsia
widthLine: Width of the Zigzag Line. By default 4
Returns: Zigzag printed on screen
divergence(h2, l2, h1, l1, length) Calculates divergences between 2 series
Parameters:
h2: Series in which to locate divs: Highs
l2: Series in which to locate divs: Lows
h1: Series in which to locate pivots: Highs. By default high
l1: Series in which to locate pivots: Lows. By default low
length: Length used to calculate Pivots: By default 10
Returns: [actualH2, actualL2, actualH1, actualL1, bullRegDiv, bearRegDiv, bullHidDiv, bearHidDiv, bullRegDivRT, bearRegDivRT, bullHidDivRT, bearHidDivRT]
Notas de Lançamento
v2Updated:
divergence(hLead, lLead, hFollow, lFollow, length)
Calculates divergences between 2 series
Parameters:
hLead (float): Highs of Leading Series in which to locate the Pivots
lLead (float): Lows of Leading Series in which to locate the Pivots
hFollow (float): Highs of Following Series to compare against
lFollow (float): Lows of Following Series to compare against
length (int): Length used to calculate Pivots
Returns: [rBull, rBear, hBull, hBear, isPivHigh, isPivLow]
Notas de Lançamento
v3Biblioteca do Pine
No verdadeiro espirito do TradingView, o autor desse código Pine o publicou como uma biblioteca de código aberto, para que outros programadores Pine da nossa comunidade possam reusa-los. Parabéns ao autor! Você pode usar essa biblioteca privadamente ou em outras publicações de código aberto, mas a reutilização desse código em publicações é regida pelas Regras da Casa.
I develop indicators meant to be useful, profitable and good looking.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Biblioteca do Pine
No verdadeiro espirito do TradingView, o autor desse código Pine o publicou como uma biblioteca de código aberto, para que outros programadores Pine da nossa comunidade possam reusa-los. Parabéns ao autor! Você pode usar essa biblioteca privadamente ou em outras publicações de código aberto, mas a reutilização desse código em publicações é regida pelas Regras da Casa.
I develop indicators meant to be useful, profitable and good looking.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.