//@version=6
indicator("PP Std De Mark", "De Mark", overlay=true, max_lines_count=500,
max_labels_count=500)
pivotTypeInput = input.string(title="Type", defval="DM", options=["Traditional",
"Fibonacci", "Woodie", "Classic", "DM", "Camarilla"])
pivotAnchorInput = input.string(title="Pivots Timeframe", defval="Auto",
options=["Auto", "Daily", "Weekly", "Monthly", "Quarterly", "Yearly", "Biyearly",
"Triyearly", "Quinquennially", "Decennially"])
maxHistoricalPivotsInput = input.int(title="Number of Pivots Back", defval=15,
minval=1, maxval=200, display = display.data_window)
isDailyBasedInput = input.bool(title="Use Daily-based Values", defval=true, display
= display.data_window, tooltip="When this option is unchecked, Pivot Points will
use intraday data while calculating on intraday charts. If Extended Hours are
displayed on the chart, they will be taken into account during the pivot level
calculation. If intraday OHLC values are different from daily-based values (normal
for stocks), the pivot levels will also differ.")
showLabelsInput = input.bool(title="Show Labels", defval=true, group="labels",
display = display.data_window)
showPricesInput = input.bool(title="Show Prices", defval=true, group="labels",
display = display.data_window)
positionLabelsInput = input.string("Left", "Labels Position", options=["Left",
"Right"], group="labels", display = display.data_window)
linewidthInput = input.int(title="Line Width", defval=1, minval=1, maxval=100,
group="levels", display = display.data_window)
DEFAULT_COLOR = #FB8C00
pColorInput = input.color(DEFAULT_COLOR, "P ", inline="P", group="levels",
display = display.data_window)
pShowInput = input.bool(true, "", inline="P", group="levels", display =
display.data_window)
s1ColorInput = input.color(DEFAULT_COLOR, "S1", inline="S1/R1" , group="levels",
display = display.data_window)
s1ShowInput = input.bool(true, "", inline="S1/R1", group="levels", display =
display.data_window)
r1ColorInput = input.color(DEFAULT_COLOR, " R1", inline="S1/R1",
group="levels", display = display.data_window)
r1ShowInput = input.bool(true, "", inline="S1/R1", group="levels", display =
display.data_window)
s2ColorInput = input.color(DEFAULT_COLOR, "S2", inline="S2/R2", group="levels",
display = display.data_window)
s2ShowInput = input.bool(true, "", inline="S2/R2", group="levels", display =
display.data_window)
r2ColorInput = input.color(DEFAULT_COLOR, " R2", inline="S2/R2",
group="levels", display = display.data_window)
r2ShowInput = input.bool(true, "", inline="S2/R2", group="levels", tooltip = "Not
applicable to DM", display = display.data_window)
s3ColorInput = input.color(DEFAULT_COLOR, "S3", inline="S3/R3", group="levels",
display = display.data_window)
s3ShowInput = input.bool(true, "", inline="S3/R3", group="levels", display =
display.data_window)
r3ColorInput = input.color(DEFAULT_COLOR, " R3", inline="S3/R3",
group="levels", display = display.data_window)
r3ShowInput = input.bool(true, "", inline="S3/R3", group="levels", tooltip = "Not
applicable to DM", display = display.data_window)
s4ColorInput = input.color(DEFAULT_COLOR, "S4", inline="S4/R4", group="levels",
display = display.data_window)
s4ShowInput = input.bool(true, "", inline="S4/R4", group="levels", display =
display.data_window)
r4ColorInput = input.color(DEFAULT_COLOR, " R4", inline="S4/R4",
group="levels", display = display.data_window)
r4ShowInput = input.bool(true, "", inline="S4/R4", group="levels", tooltip = "Not
applicable to: Fibonacci, DM", display = display.data_window)
s5ColorInput = input.color(DEFAULT_COLOR, "S5", inline="S5/R5", group="levels",
display = display.data_window)
s5ShowInput = input.bool(true, "", inline="S5/R5", group="levels", display =
display.data_window)
r5ColorInput = input.color(DEFAULT_COLOR, " R5", inline="S5/R5",
group="levels", display = display.data_window)
r5ShowInput = input.bool(true, "", inline="S5/R5", group="levels", tooltip = "Not
applicable to: Fibonacci, Woodie, Classic, DM", display = display.data_window)
type graphicSettings
string levelName
color levelColor
bool showLevel
var graphicSettingsArray = array.from(
graphicSettings.new(" P", pColorInput, pShowInput),
graphicSettings.new("R1", r1ColorInput, r1ShowInput),
graphicSettings.new("S1", s1ColorInput, s1ShowInput),
graphicSettings.new("R2", r2ColorInput, r2ShowInput),
graphicSettings.new("S2", s2ColorInput, s2ShowInput),
graphicSettings.new("R3", r3ColorInput, r3ShowInput),
graphicSettings.new("S3", s3ColorInput, s3ShowInput),
graphicSettings.new("R4", r4ColorInput, r4ShowInput),
graphicSettings.new("S4", s4ColorInput, s4ShowInput),
graphicSettings.new("R5", r5ColorInput, r5ShowInput),
graphicSettings.new("S5", s5ColorInput, s5ShowInput))
autoAnchor = switch
timeframe.isintraday => timeframe.multiplier <= 15 ? "1D" : "1W"
timeframe.isdaily => "1M"
=> "12M"
pivotTimeframe = switch pivotAnchorInput
"Auto" => autoAnchor
"Daily" => "1D"
"Weekly" => "1W"
"Monthly" => "1M"
"Quarterly" => "3M"
=> "12M"
//@variable The number of years in the selected Pivot period
pivotYearMultiplier = switch pivotAnchorInput
"Biyearly" => 2
"Triyearly" => 3
"Quinquennially" => 5
"Decennially" => 10
=> 1
//@variable The number of values in the pivots of the selected type
numOfPivotLevels = switch pivotTypeInput
"Traditional" => 11
"Camarilla" => 11
"Woodie" => 9
"Classic" => 9
"Fibonacci" => 7
"DM" => 3
type pivotGraphic
line pivotLine
label pivotLabel
method delete(pivotGraphic graphic) =>
graphic.pivotLine.delete()
graphic.pivotLabel.delete()
var drawnGraphics = matrix.new<pivotGraphic>()
localPivotTimeframeChange = timeframe.change(pivotTimeframe) and year %
pivotYearMultiplier == 0
securityPivotTimeframeChange = timeframe.change(timeframe.period) and year %
pivotYearMultiplier == 0
pivotTimeframeChangeCounter(condition) =>
var count = 0
if condition and bar_index > 0
count += 1
count
localPivots = ta.pivot_point_levels(pivotTypeInput, localPivotTimeframeChange)
securityPivotPointsArray = ta.pivot_point_levels(pivotTypeInput,
securityPivotTimeframeChange)
securityTimeframe = timeframe.isintraday ? "1D" : timeframe.period
[securityPivots, securityPivotCounter] = request.security(syminfo.tickerid,
pivotTimeframe, [securityPivotPointsArray,
pivotTimeframeChangeCounter(securityPivotTimeframeChange)], lookahead =
barmerge.lookahead_on)
pivotPointsArray = isDailyBasedInput ? securityPivots : localPivots
//@function Sets the ending points of the currently active pivots to `endTime`.
affixOldPivots(endTime) =>
if drawnGraphics.rows() > 0
lastGraphics = drawnGraphics.row(drawnGraphics.rows() - 1)
for graphic in lastGraphics
graphic.pivotLine.set_x2(endTime)
if positionLabelsInput == "Right"
graphic.pivotLabel.set_x(endTime)
//@function Draws pivot lines and labels from `startTime` to the approximate end of
the period.
drawNewPivots(startTime) =>
newGraphics = array.new<pivotGraphic>()
for [index, coord] in pivotPointsArray
levelSettings = graphicSettingsArray.get(index)
if not na(coord) and levelSettings.showLevel
lineEndTime = startTime + timeframe.in_seconds(pivotTimeframe) * 1000 *
pivotYearMultiplier
pivotLine = line.new(startTime, coord, lineEndTime, coord, xloc =
xloc.bar_time, color=levelSettings.levelColor, width=linewidthInput)
pivotLabel = label.new(x = positionLabelsInput == "Left" ? startTime :
lineEndTime,
y = coord,
text = (showLabelsInput ? levelSettings.levelName +
" " : "") + (showPricesInput ? "(" + str.tostring(coord, format.mintick) + ")" :
""),
style = positionLabelsInput == "Left" ?
label.style_label_right : label.style_label_left,
textcolor = levelSettings.levelColor,
color = #00000000,
xloc=xloc.bar_time)
newGraphics.push(pivotGraphic.new(pivotLine, pivotLabel))
drawnGraphics.add_row(array_id = newGraphics)
if drawnGraphics.rows() > maxHistoricalPivotsInput
oldGraphics = drawnGraphics.remove_row(0)
for graphic in oldGraphics
graphic.delete()
localPivotDrawConditionStatic = not isDailyBasedInput and localPivotTimeframeChange
securityPivotDrawConditionStatic = isDailyBasedInput and securityPivotCounter !=
securityPivotCounter[1]
var isMultiYearly = array.from("Biyearly", "Triyearly", "Quinquennially",
"Decennially").includes(pivotAnchorInput)
localPivotDrawConditionDeveloping = not isDailyBasedInput and time_close ==
time_close(pivotTimeframe) and not isMultiYearly
securityPivotDrawConditionDeveloping = false
if (securityPivotDrawConditionStatic or localPivotDrawConditionStatic)
affixOldPivots(time)
drawNewPivots(time)
// If possible, draw pivots from the beginning of the chart if none were found
var FIRST_BAR_TIME = time
if (barstate.islastconfirmedhistory and drawnGraphics.columns() == 0)
if not na(securityPivots) and securityPivotCounter > 0
if isDailyBasedInput
drawNewPivots(FIRST_BAR_TIME)
else
runtime.error("Not enough intraday data to calculate Pivot Points.
Lower the Pivots Timeframe or turn on the 'Use Daily-based Values' option in the
indicator settings.")
else
runtime.error("Not enough data to calculate Pivot Points. Lower the Pivots
Timeframe in the indicator settings.")
