OPEN-SOURCE SCRIPT
Options Flavour by Raushan Shrivastava
Monthly Pivot Points :-
It calculates the monthly high, low, and close, and then computes the pivot point and three levels of support and resistance (R1, R2, R3, S1, S2, S3).
Moving Average :-
A simple moving average (SMA) with a configurable length (length_ma), which by default is set to 140 periods.
Bullish/Bearish Labels :-
Bullish condition: The close price crosses above both the moving average and the monthly pivot point.
Bearish condition: The close price crosses below both the moving average and the monthly pivot point.
Plotting :-
Monthly pivot, support, and resistance levels are plotted as circles on the chart.
The previous month's high and low are also plotted.
Bullish and bearish signals are shown with labels.
Labels on Support/Resistance Lines :-
A label "- PE" will appear on the S2 line (support level) with a green color when the bullish condition is met.
A label "- CE" will appear on the R2 line (resistance level) with a red color when the bearish condition is met.
Customisation :-
Moving Average Length: You can modify the length_ma input to adjust the period of the moving average.
It calculates the monthly high, low, and close, and then computes the pivot point and three levels of support and resistance (R1, R2, R3, S1, S2, S3).
Moving Average :-
A simple moving average (SMA) with a configurable length (length_ma), which by default is set to 140 periods.
Bullish/Bearish Labels :-
Bullish condition: The close price crosses above both the moving average and the monthly pivot point.
Bearish condition: The close price crosses below both the moving average and the monthly pivot point.
Plotting :-
Monthly pivot, support, and resistance levels are plotted as circles on the chart.
The previous month's high and low are also plotted.
Bullish and bearish signals are shown with labels.
Labels on Support/Resistance Lines :-
A label "- PE" will appear on the S2 line (support level) with a green color when the bullish condition is met.
A label "- CE" will appear on the R2 line (resistance level) with a red color when the bearish condition is met.
Customisation :-
Moving Average Length: You can modify the length_ma input to adjust the period of the moving average.
Script de código aberto
No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.
Quer usar esse script no gráfico?
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.