divergence software, inc.
Development & Consulting Services
Product Detail
Swing Pivot - Percent Move
TradingView indicators will be activated for your TradingView account and no installation is required. eSignal indicators will be delivered to you via email in zip files. Some of the more complex indicators have installer programs. In most cases we will require your eSignal username so that we can set up the entitlement for the indicator(s) you have purchased.
The majority of our indicators are licensed for a one-time fee (i.e., non-recurring). However, we do have some subscription-based products, including marketDirection Monitor, Harmonic Pattern Collection, and S/R Analyst Pro.
Description
This script will label swing pivot highs and lows based upon a PercentMove factor that you specify and works in the same fashion as the popular ZigZag indicator. PercentMove represents the percentage that price must move to confirm a swing high or swing low pivot. The script will also display the retracement of the current swing move based upon the prior completed swing move and will also auto-display Fibonacci retracement levels for the current swing. Pivots, pivot retracements and Fibonacci levels can all be toggled on or off via the script menu. Source code is provided so the calculations can be modified and integrated into other studies.
Specifications
- Product ID: PIV02
- Requires eSignal 12.x or newer