This script uses the functions plot(), cross(), plotcandle(), pivothigh() and pivotllow(). You can see the candles in the color green, above EMA 72 (Exponetional Move Average), and the color red, below EMA72. You can identify the position of the crossing UP and DOWN of the EMA 08 x EMA 17, EMA 17 x EMA72. You can identify the TRADE ENTRY points with the pivot high and TRADE EXIT with the pivot Low.
Thanks for sharing your code! It helped me better understand pivots. I've tried every every example in the Pinescript documentation and all of the built-in functions on the tradingview platform. Yours was the one that made it 'click' for me.
DalmarSantos
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@Greeffer, thanks for the feedback, and thanks for sending the coins. The idea is to contribute to the community. My mission is to launch indicators that can help.
Greeffer
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@DalmarSantos, me too, I wish only to make something that is truly useful to people! Have a nice day!