OPEN-SOURCE SCRIPT
Rolling Pivot Ribbon
Rolling Pivot Ribbon
This indicator displays historical and developing pivot levels across multiple days,
creating a dynamic "ribbon" effect as pivots roll forward through time.
DESIGNED FOR: Intraday timeframes (≤1D). Shows warning on higher timeframes.
USE CASE: Identify key support/resistance levels, track pivot evolution, and spot
price interaction zones with enhanced visual clarity.
WHY?
There comes a time in every Pinescript developer's evolution, they feel compelled to write a script that draws many lines, possibly triangles, into the future. This is mine. It's both totally useless, and a constant source of comfort to me.
KEY FEATURES:
• Multiple pivot calculation methods (Classic, Camarilla)
• Historical pivot tracking with configurable lookback period (default 4 days)
• Real-time "developing" pivots that update intraday based on current day's HLC
• Gradient fills between adjacent pivot levels for visual depth
• 13 pivot levels: PP, R1-R6, S1-S6
TASTY MODE (Advanced):
• Intelligent filtering: only shows lines that price has recently intersected
• Dynamic transparency: opacity adjusts based on intersection frequency
• Auto-cleanup: removes stale lines that haven't been touched in X days
• Smart extensions: lines that see more action project further into the future
• Focus mode options to reduce chart clutter
VISUAL CONTROLS:
• Toggle individual pivot levels on/off
• Customizable colors and transparency for lines and fills
• Flexible label positioning (left-align or right-align)
• Adjustable projection length for pivot lines (defaults to 1. Set to 0 for just a ribbon)
This indicator displays historical and developing pivot levels across multiple days,
creating a dynamic "ribbon" effect as pivots roll forward through time.
DESIGNED FOR: Intraday timeframes (≤1D). Shows warning on higher timeframes.
USE CASE: Identify key support/resistance levels, track pivot evolution, and spot
price interaction zones with enhanced visual clarity.
WHY?
There comes a time in every Pinescript developer's evolution, they feel compelled to write a script that draws many lines, possibly triangles, into the future. This is mine. It's both totally useless, and a constant source of comfort to me.
KEY FEATURES:
• Multiple pivot calculation methods (Classic, Camarilla)
• Historical pivot tracking with configurable lookback period (default 4 days)
• Real-time "developing" pivots that update intraday based on current day's HLC
• Gradient fills between adjacent pivot levels for visual depth
• 13 pivot levels: PP, R1-R6, S1-S6
TASTY MODE (Advanced):
• Intelligent filtering: only shows lines that price has recently intersected
• Dynamic transparency: opacity adjusts based on intersection frequency
• Auto-cleanup: removes stale lines that haven't been touched in X days
• Smart extensions: lines that see more action project further into the future
• Focus mode options to reduce chart clutter
VISUAL CONTROLS:
• Toggle individual pivot levels on/off
• Customizable colors and transparency for lines and fills
• Flexible label positioning (left-align or right-align)
• Adjustable projection length for pivot lines (defaults to 1. Set to 0 for just a ribbon)
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.