The script is based on Camarilla pivots for trend analysis of stock in intraday. It will scan the selected stocks chosen in input settings displays the current status of where they are with respect to Camarilla pivots. The day's history will show only those closed above R4/below S4.
Hello Everyone, The Expanded Camarilla Level s is introduced in the book " Secrets of a Pivot Boss: Revealing Proven Methods for Profiting in the Market " by Franklin Ocho a. I will not write a lot about the book, you should read it for yourself. There are many great ideas in the book, such using these levels, following trend, time price opportunity, Advanced...
This script has CPR ranges for (Daily, Weekly, Monthly) and Major pivot levels for daily (R/S 3,4,5) weekly (R/S 3,4). It also has prev day H/L and weekly H/L. - Daily CPR (Black dotted lines) - Weekly CPR (Blue dotted lines) - Monthly CPR (Fushcia dotted lines) - Prev Day H/L (Orange dotted lines) - Weekly H/L (maroon dotted lines) - Daily pivots R/S 3,4,5...
1. Golden Pivot indicator combines Central Pivot Range and Camarilla Pivots. 2. Pivot calculations are based on Secret of Pivot Boss book by Frank Ochoa. 3. One can also view tomorrow's pivots by today EOD.