Configuring Time Zone Aware Pivot, Midpivot, and Camarilla Levels
Summary
This indicator description explains how to display classic pivot levels, intermediate pivot levels, and Camarilla levels on a chart. Users can draw historical values through indicator buffers, show only the current levels as horizontal lines, or enable both presentations. The configurable day start hour and minute let the calculation boundary follow a chosen session schedule, while an option can attach Sunday bars to Monday.
The parameter list covers whether each family of levels appears as buffers or lines, plus colors for the central pivot, support and resistance levels, sublevels, Camarilla lines, and labels. This makes the document useful as a guide to the indicator's display and session settings, but it does not explain the formulas in detail or give trading rules for entries, exits, or risk. It provides no testing results or evidence that any level predicts price behavior. Traders should treat the levels as chart references and account for how the selected day boundary and Sunday handling affect the plotted values.
Key ideas
- The indicator plots pivot levels, intermediate pivot levels, and Camarilla levels.
- Historical indicator buffers and current horizontal lines can be displayed separately or together.
- The day start time defines the session boundary used for the levels.
- An option assigns Sunday bars to Monday for the indicator's session handling.
- The description covers chart configuration but gives no trading rules or performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.