OPEN-SOURCE SCRIPT
Multi Pivot Trend [BigBeluga]

🔵 OVERVIEW  
The Multi Pivot Trend [BigBeluga] is an advanced market-structure-driven trend engine that evaluates trend strength by scanning multiple pivot breakouts simultaneously.
Instead of relying on a single swing length, it tracks breakouts across ten increasing pivot lengths — then averages their behavior to produce a smooth, reliable trend reading.
Mitigation logic (close, wick, or HL2 touches) controls how breakouts are confirmed, giving traders institutional-style flexibility similar to BOS/CHoCH validation rules.
This indicator not only colors candles based on trend strength, but also extends trend strength and volatility-scaled projection candles to show where trend pressure may expand next.
Pivot breakout lines and labels mark key changes, making the trend transitions extremely clear.
🔵 CONCEPTS
🔵 FEATURES
🔵 HOW TO USE
🔵 CONCLUSION
The Multi Pivot Trend [BigBeluga] is a structural trend recognition system that blends multiple pivot breakouts into one clean trend score — with institutional-style mitigation logic and volatility-projected trend extensions.
It gives traders a powerful, visually intuitive way to track momentum, spot trend rotations early, and understand true structural flow beyond simple MA-based approaches.
Use it to stay aligned with the dominant swing direction while avoiding noise and false flips.
The Multi Pivot Trend [BigBeluga] is an advanced market-structure-driven trend engine that evaluates trend strength by scanning multiple pivot breakouts simultaneously.
Instead of relying on a single swing length, it tracks breakouts across ten increasing pivot lengths — then averages their behavior to produce a smooth, reliable trend reading.
Mitigation logic (close, wick, or HL2 touches) controls how breakouts are confirmed, giving traders institutional-style flexibility similar to BOS/CHoCH validation rules.
This indicator not only colors candles based on trend strength, but also extends trend strength and volatility-scaled projection candles to show where trend pressure may expand next.
Pivot breakout lines and labels mark key changes, making the trend transitions extremely clear.
🔵 CONCEPTS
-  Market trend strength is reflected by multiple pivot breakouts, not just one.
-  The indicator analyzes ten pivot structures from smaller to larger swings.
-  Each bullish or bearish pivot breakout contributes to trend score.
-  Mitigation options (close / wick / HL2) imitate smart-money breakout confirmation logic.
-  Trend score is averaged and translated into colors and extension bars.
-  Neutral regime ≈ weak trend or transition zone (trend compression).
🔵 FEATURES
- Multi-Pivot Engine — tracks 10 pivot-based trend signals simultaneously.
- Mitigation Modes:  
 • Close — breakout requires candle close beyond pivot
 • Wicks — breakout requires wick violation
 • HL2 — breakout confirmed when average (H+L)/2 crosses level
- Dynamic Color System:  
 • Blue → confirmed bullish rotation
 • Red → confirmed bearish rotation
 • Orange → neutral / transition state
- Breakout Visualization — draws pivot breakout lines in real-time.
- Trend Labels — prints trend %.
- Trend Volatility-Scaled Extension Candles — ATR/trend strength based candle projections show momentum continuation strength.
- Gradient Pivot Encoding — higher pivot lengths = deeper structure considered.
🔵 HOW TO USE
-  Use strong blue/red periods to follow dominant structural trend.
-  Watch for color transition into orange — possible trend change or consolidation.
-  Pivot breakout lines help validate structure shifts without clutter.
-  Wick mitigation catches aggressive liquidity-sweep based breaks.
-  Close/HL2 mitigation catches cleaner market structure rotations.
-  Extension bars visualize trend pressure — large extensions = strong push.
-  Best paired with volume or volatility confirmation tools.
🔵 CONCLUSION
The Multi Pivot Trend [BigBeluga] is a structural trend recognition system that blends multiple pivot breakouts into one clean trend score — with institutional-style mitigation logic and volatility-projected trend extensions.
It gives traders a powerful, visually intuitive way to track momentum, spot trend rotations early, and understand true structural flow beyond simple MA-based approaches.
Use it to stay aligned with the dominant swing direction while avoiding noise and false flips.
Script de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
🔵Gain access to our powerful tools : bigbeluga.com/tv
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
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 de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
🔵Gain access to our powerful tools : bigbeluga.com/tv
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
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.
