Indicators
pivotPointsResistance
Pivot Points Resistance levels (R1, R2, R3) are potential price ceilings where selling pressure may increase.
pivotPointsResistance (tick)
Pivot Points Resistance levels (R1, R2, R3) are potential price ceilings where selling pressure may increase.
Input parameters
| Prop | Type | Default | Description |
|---|---|---|---|
minutes* | number | 60 | The lookback period in minutes |
type | string | standard | Type of pivot points calculation (standard, fibonacci, camarilla) |
SQL example
TICK pivotPointsResistance WITH minutes=60 > 100 THEN order SET size=100, price=51.00, transmit=truepivotPoints
Pivot Points are technical analysis indicators used to determine potential support and resistance levels. They are calculated using the previous period's high, low, and close prices.
pivotPointsSupport
Pivot Points Support levels (S1, S2, S3) are potential price floors where buying pressure may increase.