OPEN-SOURCE SCRIPT

SVE Pivot Points

56
SVE Pivot Points are a modified variation of traditional pivot points created by Sylvain Vervoort (SVE). They are designed to adapt more dynamically to price volatility and short-term market structure, giving traders more responsive support and resistance levels.

Unlike standard floor pivots that rely only on the previous period’s high/low/close, SVE Pivot Points incorporate volatility-based smoothing, making the levels more stable during choppy markets and more reactive when volatility expands.

1. Volatility-Adaptive Formulas

SVE uses smoothing techniques (often EMA-based or Vervoort’s proprietary volatility filters) that adjust to current market noise.
This reduces false levels and gives clearer reaction zones.

2. Dynamic Support & Resistance

You still get:
• Pivot (P)
• Support levels (S1, S2, S3)
• Resistance levels (R1, R2, R3)

But they update based on volatility-weighted highs/lows instead of raw numbers.

3. More Reliable in Intraday Trading

SVE pivot points were designed to:
• Improve accuracy
• Reduce whipsaw
• Give better intraday turning points

This is why they’re popular among futures, forex, and index traders.

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.