Using Pivot Labels to determine significant highs and lows

Optuma Forums Optuma Scripting Using Pivot Labels to determine significant highs and lows

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  • #51315
    Darren
    • Topics: 71
    • Replies: 880
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    The Pivot Labels tool can be used to determine significant support and resistance levels.

    This script calculates when a 10 period pivot high or low is taken out:

    ****Updated script to reflect the changes made in Optuma 1.6****

    Capture

    #53865
    Darren
    • Topics: 71
    • Replies: 880
    • Posts: 951

    The Pivot Label levels can be plotted on a chart using a Show Plot tool. This example will draw the value of the 15 bar high levels:

    Capture

    More examples on scanning for these levels here:

    https://www.optuma.com/finding-breakouts/

    • This reply was modified 6 months ago by Darren.
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