Probability Pivot Points

Features
Six different discretionarily Pivot Point Bias strategies utilizing Midpoint Pivot Points in bullish and bearish variants: Standard, Range, Continuation, Counter Trend, Expansion, and Extension.
Next Period's Pivot Points given the current period's OHLC data. Includes settings to use theoretical OHLC values to see what the next period's Pivot Points could look like.
Supports Traditional, Floor, Fibonacci, and Average True Range Pivot Point calculations.
Includes settings to customize the Fibonacci ratios and Average True Range calculations.
Automatically maximize or manually set the number of historical Pivot Points to draw.
Probability visualizations for the Pivot Points based on historical occurrences for the current and upcoming trading periods. The Probability Weighted Pivot (PWP) Point uses the probabilities calculated as weights against every displayed Pivot Point to show a mean of the data.
Load seasonal or non-seasonal historical data to calculate the odds of a High, Low, or Close occurring between any two Pivot Points.
Settings to manually set the weekly, monthly, and quarterly seasonal data loaded into the Pivot Probabilities feature. Automatic detection and loading of the current seasonal period's data is the default behavior. Includes a table that displays the data that's loaded.
Get probabilities for the currently selected Pivot Point Bias strategy.
Check the odds of High, Low, or Close occurrences at the strategy's marked Entry, Exit, or Stop Loss Pivot Points.
Seasonal Filters let you select specific years to sample probabilities from.
Customize pivot colors, width, label size, label color, Bias Entry and Exit Zone colors, Pivot Probability colors, and pick between the Point Five and M Legacy Midpoint label styles.
Auto Timeframe changes the Pivot Points higher timeframe based on the chart timeframe in use. Includes settings to customize what chart timeframes will display specific Pivot Point higher timeframes.
Q: Is this an update to your older Pivot Probabilities indicator?
Pivot Probabilities was designed to require a separately applied Pivot Points indicator to be interpreted and used properly. Probability Pivot Points is designed with an included set of Pivot Pivots that can interact with the probability calculations, which helps make improvements to new calculations and visualizations that Pivot Probabilities was never originally designed to do. Features from Pivot Probabilities are being completely redesigned, reimplemented, and expanded upon as a component in this larger Probability Pivot Points indicator. Anyone with access to the old Pivot Probabilities will also get access to Probability Pivot Points and are considered part of the same package.
This update adds a Strategy Dashboard, a Custom Pivot Bias option, and quarterly Pivot Probabilities.
Here is a breakdown of everything in the new Strategy Dashboard to help summarize descriptive statistics for each Pivot Bias strategy.
Includes new style settings to customize the color, font, location, and size of the dashboard. You can toggle what strategies and summary statistics to display here as well.
Under the Pivot Bias dropdown setting, you can now select "Custom" and create your own Pivot Bias. Select specific Pivot Points to display and set your own entry and exit locations.
Quarterly probabilities are now available. Switch to a weekly timeframe to automatically pull up a quarterly timeframe, or manually set the indicator to use a 3M timeframe.
- 🆕 New Custom Bias Entry and Exit Zone inputs let you select the upper and lower pivots of the zone independently.
- 🔄 Moved the Probabilities Data Source input closer to the top of the Inputs tab.
- 🆕 Add Camarilla Pivot Point calculations.
- 🆕 Add Woodie Pivot Point calculations.
- 🐛 Fix an error that prevented the indicator from being applied to new chart layouts.
Update indicator to Pine Script™ V6 🎉 All Probability Pivot Point versions that use Pine Script™ V6 now start with 2.X.X.
Probability Pivot Points now includes alert options for individual Pivot Point levels, including the Probability Weighted Pivot.
Alternatively, create multiple alerts using a Pivot Point Bias strategy with the Any alert() function call condition. Which will create alerts for crossing into entry zones and exit zones exit zone, hitting the bias strategy's stop loss, and an optional alert for the Probability Weighted Pivot in the Pivot Probability settings.
Upgraded and simplified the Auto Timeframe settings. Same functionality with one less input and new fallbacks when set incorrectly.
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Script sob convite
Somente usuários autorizados pelos autores tem acesso a esses scripts, e isso normalmente requer pagamento. Você pode adicionar o script aos seus favoritos, mas você será capaz somente para usar ele depois de solicitar permissão e permiti-lo do seu autor — saiba mais aqui. Para mais detalhes, siga as instruções dos autores abaixo ou contate joebaus diretamente.
O TradingView NÃO recomenda pagar ou usar um script ao não ser que você confie totalmente no seu autor e compreende como isso funciona. Você pode também encontrar alternativas gratuitas e de código aberto em nossa comunidade de scripts.
Instruções do autor
Aviso: leia nosso guia para scritps somente sob convite antes de solicitar acesso.