PROTECTED SOURCE SCRIPT
PL - Pivot Points Ultimate

Profit Lock (PL)-Pivot Points Ultimate — Precision Turns. Real-Time Edge.
**PL-Pivot Points Ultimate** is a price-action tool built to spot **probable turning points** before most lagging indicators even react. It plots **Daily, Weekly, and Monthly** pivot structures—each independently toggleable—so you can keep your chart clean and focused on the levels that matter for your timeframe.
## What makes it different
* **Custom session logic:** Pivots are calculated from **4:30 pm to 4:15 pm (next day)** by default, aligning with how many U.S. markets actually trade. You can **adjust the calculation window** to match your instrument or brokerage session. I personally use them for ES & YM. I find these 2 indexes. That means pivot lines that better reflect true market flow—
* **Modular visibility:** Turn **Daily**, **Weekly**, or **Monthly** pivots **on/off** with a click.
Build a multi-timeframe map of support/resistance without clutter.
* **Price-first, not lagging:** Pivots anchor directly to raw price, giving you an **objective structure** to frame trades in real time.
## How I trade it (two simple, repeatable plays)
> These are my personal playbooks—test and adapt to your market and risk rules.
1. **Fade the move at R2 / S2 on choppy days**
When the tape is range-bound, hits of **R2** or **S2** often precede snap-backs. In my observations, **a large majority** of R2/S2 touches resolve into a turn, offering a clean fade with defined risk.
2. **Fade extremes at R3 / S3**
**R3/S3** are rare air. In my testing, **most** touches at these bands mark **exhaustion** and frequently tag the **session high/low**. I treat these as tactical reversal zones with tight risk controls.
> **Important:** Markets change. The percentages above reflect my historical observations and backtests on specific instruments/timeframes and **are not guarantees**. Always confirm with your own testing, context, and risk management.
## Why traders like it
* **Objective S/R:** Cuts through FOMO by showing where auction pressure is *likely* to shift.
* **Context at a glance:** Know when you’re trading **into** a level versus **away** from one.
* **Discipline builder:** Pre-plotted bands help you plan entries, stops, and take-profits *before* the emotion hits.
## Features at a glance
* Daily / Weekly / Monthly pivots (classic set: Pivot, R1–R3, S1–S3)
* Independent toggles per timeframe
* Adjustable session start/end (default **4:30 pm → 4:15 pm**)
* Clean, readable levels designed for intraday and swing
## Best practices
* Pair with **tape/context** (trend, volatility, market internals).
* On strong trend days, treat R1/S1 as **break-and-go**; On these days i want until the PP levels are broken and price retraces. At this point, I will take the trade on the retracement.
* reserve R2/R3 or S2/S3 for **fade attempts** only with confirmation.
* Use **pre-defined stops** beyond the level and scale out into mean reversion.
**Bottom line:** PL-Pivot Points Ultimate gives you a clearer, session-aware map of where price is **likely** to react—so you can trade decisively, avoid chasing, and let the market come to you.
Profit Lock is a comprehensive day trading program. This is a one-year mentorship. You can visit CatalystWealthCoaching.com for more details.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode usar ele livremente e sem nenhuma limitação – saiba mais aqui.
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.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode usar ele livremente e sem nenhuma limitação – saiba mais aqui.
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.