Accurate Pivot Support Resistance



Accurate Pivot Support Resistance
Accurate Pivot Support Resistance


//www.aflcode.com
SetBarsRequired( sbrAll,sbrAll) ;
nbar = Param("nbar" ,4,2,50,1) ;

PHigh = H > Ref(HHV(H,nbar) ,-1) AND Ref(HHV(H,nbar) ,nbar) < H;
PHighPrice0 = ValueWhen(PHigh, H);
PHighPrice1 = IIf(PHighPrice0 AND BarsSince(PHigh) > nbar,PHighPrice0, Null);
PHighPrice2 = IIf(PHighPrice0 AND BarsSince(PHigh) <= nbar,PHighPrice0, Null);
PLow = L < Ref(LLV(L,nbar) ,-1) AND Ref(LLV(L,nbar) ,nbar) > L;
PLowPrice0 = ValueWhen(PLow, L);
PLowPrice1 = IIf(PLowPrice0 AND BarsSince(Plow) > nbar,PLowPrice0, Null);
PLowPrice2 = IIf(PLowPrice0 AND BarsSince(Plow) <= nbar,PLowPrice0, Null);

GraphXSpace = 5;
SetChartOptions( 0, chartShowDates) ;
Plot(C,"\nLast close " ,colorGreen, styleCandle) ;
PlotShapes(shapeSmallCircle* PLow,colorGreen, 0,L,-10);
PlotShapes(shapeSmallCircle* PHigh,colorRed, 0,H,10);
PlotShapes(shapeUpArrow*PLow, colorGreen, 0,L,-25);
PlotShapes(shapeDownArrow*PHigh, colorRed, 0,H,-25);

Plot(PHighPrice1, "\nPHighPrice" ,colorOrange, styleThick) ;
Plot(PHighPrice2, "",colorOrange, styleDots | styleNoLine) ;
Plot(PLowPrice1, "\nPLowPrice" ,colorGreen,styleThick) ; 
Plot(PLowPrice2,"",colorGreen,styleDots,styleNoLine);

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