PINE LIBRARY
Updated PivotLibrary222
Library "PivotLibrary222"
f_determinePivotStrength(_pivotCandidateRelativeIndex, _type, _maxStrength)
Determines the strength of a pivot (low or high).
Parameters:
_pivotCandidateRelativeIndex (int): The relative bar index of the pivot candidate.
_type (string): "low" for a pivot low, "high" for a pivot high.
_maxStrength (int): The maximum number of bars to check on either side for strength.
Returns: An array containing [leftStrength, rightStrength].
f_getPlotColorForStrength(_strength)
Gets a plotting color based on pivot strength.
Parameters:
_strength (int): The calculated pivot strength.
Returns: A color for plotting.
f_updateExistingPivotLow(f_pivotLows, f_pivotLowInfoIndex, f_newStrength, f_showLabels)
Updates an existing pivot LOW's strength and its corresponding chart label.
Parameters:
f_pivotLows (array<pivotLowInfo>): The array of pivotLowInfo objects.
f_pivotLowInfoIndex (int): The index of the pivot to update in the array.
f_newStrength (int): The new (increased) strength of the pivot.
f_showLabels (bool): A boolean to control if labels should be updated.
f_updateExistingPivotHigh(f_pivotHighs, f_pivotHighInfoIndex, f_newStrength, f_showLabels)
Updates an existing pivot HIGH's strength and its corresponding chart label.
Parameters:
f_pivotHighs (array<pivotHighInfo>): The array of pivotHighInfo objects.
f_pivotHighInfoIndex (int): The index of the pivot to update in the array.
f_newStrength (int): The new (increased) strength of the pivot.
f_showLabels (bool): A boolean to control if labels should be updated.
f_findPivotLows(f_pivotLows, f_minStrength, f_maxStrength, f_showLabels)
Finds and processes pivot lows.
Parameters:
f_pivotLows (array<pivotLowInfo>): The array of pivotLowInfo objects to read from and modify.
f_minStrength (int): Minimum strength required for a new pivot to be recorded.
f_maxStrength (int): Maximum strength to search for when determining pivot strength.
f_showLabels (bool): A boolean to control if new labels should be created.
f_findPivotHighs(f_pivotHighs, f_minStrength, f_maxStrength, f_showLabels)
Finds and processes pivot highs.
Parameters:
f_pivotHighs (array<pivotHighInfo>): The array of pivotHighInfo objects to read from and modify.
f_minStrength (int): Minimum strength required for a new pivot to be recorded.
f_maxStrength (int): Maximum strength to search for when determining pivot strength.
f_showLabels (bool): A boolean to control if new labels should be created.
pivotHighInfo
Represents a detected pivot high.
Fields:
abs_index (series int)
price (series float)
strength (series int)
label_id (series label)
pivotLowInfo
Represents a detected pivot low.
Fields:
abs_index (series int)
price (series float)
strength (series int)
label_id (series label)
f_determinePivotStrength(_pivotCandidateRelativeIndex, _type, _maxStrength)
Determines the strength of a pivot (low or high).
Parameters:
_pivotCandidateRelativeIndex (int): The relative bar index of the pivot candidate.
_type (string): "low" for a pivot low, "high" for a pivot high.
_maxStrength (int): The maximum number of bars to check on either side for strength.
Returns: An array containing [leftStrength, rightStrength].
f_getPlotColorForStrength(_strength)
Gets a plotting color based on pivot strength.
Parameters:
_strength (int): The calculated pivot strength.
Returns: A color for plotting.
f_updateExistingPivotLow(f_pivotLows, f_pivotLowInfoIndex, f_newStrength, f_showLabels)
Updates an existing pivot LOW's strength and its corresponding chart label.
Parameters:
f_pivotLows (array<pivotLowInfo>): The array of pivotLowInfo objects.
f_pivotLowInfoIndex (int): The index of the pivot to update in the array.
f_newStrength (int): The new (increased) strength of the pivot.
f_showLabels (bool): A boolean to control if labels should be updated.
f_updateExistingPivotHigh(f_pivotHighs, f_pivotHighInfoIndex, f_newStrength, f_showLabels)
Updates an existing pivot HIGH's strength and its corresponding chart label.
Parameters:
f_pivotHighs (array<pivotHighInfo>): The array of pivotHighInfo objects.
f_pivotHighInfoIndex (int): The index of the pivot to update in the array.
f_newStrength (int): The new (increased) strength of the pivot.
f_showLabels (bool): A boolean to control if labels should be updated.
f_findPivotLows(f_pivotLows, f_minStrength, f_maxStrength, f_showLabels)
Finds and processes pivot lows.
Parameters:
f_pivotLows (array<pivotLowInfo>): The array of pivotLowInfo objects to read from and modify.
f_minStrength (int): Minimum strength required for a new pivot to be recorded.
f_maxStrength (int): Maximum strength to search for when determining pivot strength.
f_showLabels (bool): A boolean to control if new labels should be created.
f_findPivotHighs(f_pivotHighs, f_minStrength, f_maxStrength, f_showLabels)
Finds and processes pivot highs.
Parameters:
f_pivotHighs (array<pivotHighInfo>): The array of pivotHighInfo objects to read from and modify.
f_minStrength (int): Minimum strength required for a new pivot to be recorded.
f_maxStrength (int): Maximum strength to search for when determining pivot strength.
f_showLabels (bool): A boolean to control if new labels should be created.
pivotHighInfo
Represents a detected pivot high.
Fields:
abs_index (series int)
price (series float)
strength (series int)
label_id (series label)
pivotLowInfo
Represents a detected pivot low.
Fields:
abs_index (series int)
price (series float)
strength (series int)
label_id (series label)
Release Notes
v2Updated:
pivotHighInfo
Represents a detected pivot high.
Fields:
abs_index (series int)
price (series float)
strength (series int)
label_id (series label)
time (series float)
bars_since_last (series int)
amplitude (series float)
cycle_phase_id (series string)
is_confirmed (series bool)
pivotLowInfo
Represents a detected pivot low.
Fields:
abs_index (series int)
price (series float)
strength (series int)
label_id (series label)
time (series float)
bars_since_last (series int)
amplitude (series float)
cycle_phase_id (series string)
is_confirmed (series bool)
Pine library
In true TradingView spirit, the author has published this Pine code as an open-source library so that other Pine programmers from our community can reuse it. Cheers to the author! You may use this library privately or in other open-source publications, but reuse of this code in publications is governed by House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Pine library
In true TradingView spirit, the author has published this Pine code as an open-source library so that other Pine programmers from our community can reuse it. Cheers to the author! You may use this library privately or in other open-source publications, but reuse of this code in publications is governed by House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.