Library "Pivots"
This Library focuses in functions related to pivot highs and lows and some of their applications (i.e. divergences, zigzag , harmonics, support and resistance ...)

pivots(srcH, srcL , length) Delivers series of pivot highs, lows and zigzag .
  Parameters:
    srcH: Source series to look for pivot highs. Stricter applications might source from 'close' prices. Oscillators are also another possible source to look for pivot highs and lows. By default 'high'
    srcL: Source series to look for pivot lows. By default 'low'
    length: This value represents the minimum number of candles between pivots . The lower the number, the more detailed the pivot profile. The higher the number, the more relevant the pivots . By default 10
  Returns:

zigzagArray(pivotHigh, pivotLow) Delivers a Zigzag series based on alternating pivots . Ocasionally this line could paint a few consecutive lows or highs without alternating. That happens because it's finding a few consecutive Higher Highs or Lower Lows. If to use lines entities instead of series, that could be easily avoided. But in this one, I'm more interested outputting series rather than painting/deleting line entities.
  Parameters:
    pivotHigh: Pivot high series
    pivotLow: Pivot low series
  Returns:

zigzagLine(srcH, srcL , colorLine, widthLine) Delivers a Zigzag based on line entities.
  Parameters:
    srcH: Source series to look for pivot highs. Stricter applications might source from 'close' prices. Oscillators are also another possible source to look for pivot highs and lows. By default 'high'
    srcL: Source series to look for pivot lows. By default 'low'
    colorLine: Color of the Zigzag Line. By default Fuchsia
    widthLine: Width of the Zigzag Line. By default 4
  Returns: Zigzag printed on screen

divergence(h2, l2, h1, l1, length) Calculates divergences between 2 series
  Parameters:
    h2: Series in which to locate divs: Highs
    l2: Series in which to locate divs: Lows
    h1: Series in which to locate pivots: Highs. By default high
    l1: Series in which to locate pivots: Lows. By default low
    length: Length used to calculate Pivots: By default 10
  Returns:

I develop indicators meant to be useful, profitable and good looking.

Please send me a Private Message if you intend to subscribe to an Invite-Only indicator or to hire me to develop some custom work.
Pinebibliotek

I sann TradingView-anda har författaren publicerat denna Pine-kod som ett bibliotek med öppen källkod så att andra Pine-programmerare från vår community kan återanvända den. Hatten av för författaren! Du kan använda det här biblioteket privat eller i andra publikationer med öppen källkod, men återanvändning av den här koden i en publikation regleras av våra ordningsregler.

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.

Vill du använda det här biblioteket?

Kopiera följande rad och klistra in det i ditt skript.