Displaying Pivot Levels from Multiple Timeframes on One Chart

Summary

This brief description introduces an indicator that displays three pivot levels on a single chart and lets the user choose the timeframes used for those pivots. It is a charting aid for viewing reference levels from more than one horizon at once.

The document gives no formula for calculating the pivots, no trading rules for acting on them, and no test or performance evidence. It also does not specify which markets or timeframes are most appropriate. Readers would need the indicator itself or further documentation to determine how its levels are computed and whether they are useful in a particular trading process.

Key ideas

• The indicator plots three pivot levels on one chart.
• Users can change the timeframes used to calculate or display the pivots.
• The description supplies no pivot formula, entry rules, or performance evidence.
• Its usefulness depends on details not provided in the document.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.