HTF Pivots Signals

The HTF Pivots Signals indicator provides a systematic approach to higher timeframe structure analysis and signal confirmation. This tool aims to help traders identify high-probability mean reversal opportunities by detecting interactions with major structural levels and confirming them with price action shifts on the local chart timeframe.

Usage

The indicator functions through a two-step process: interaction and confirmation. First, it identifies pivot highs and lows on a Higher Timeframe (HTF). When price mitigates one of these levels, a pending signal is generated. The setup is only confirmed when price closes beyond a specific chart timeframe pivot level (a pivot low for bearish signals or a pivot high for bullish signals).

Signal Identification

• HTF Mitigation: When price touches an HTF level, a potential reversal zone is established.
• OB+ (Bullish): Appears when price closes above a recent local pivot high after mitigating an HTF pivot low.
• OB- (Bearish): Appears when price closes below a recent local pivot low after mitigating an HTF pivot high.

Details

The system utilizes a non-repainting methodology to ensure reliability. It manages chart clutter through a mitigation-based cleanup system rather than age, meaning it prioritizes the most recent relevant interactions while removing older, less significant levels. For traders using multi-timeframe strategies, the tool automatically calculates an optimal HTF pairing (usually 15-16x the current chart period) to maintain consistent structural context.

Settings

• HTF Settings: Toggle between Auto Mode (dynamic timeframe selection) or Manual HTF selection.
• Mode Settings: Choose between HTF pivots, Session-based pivots, or a "Mix" mode that applies different logic depending on the timeframe.
• Display: Controls visibility for Pivot Highs/Lows, labels (PH/PL), and the maximum number of pivots to display.
• Confirmation Lines: Customize the appearance and extension behavior of the OB confirmation levels.
• Stop Level Calculation: Enable automated risk management points based on price extremes during the signal creation phase.
• Position Sizing: Input account balance and risk parameters to see suggested contract sizes for the latest signal.

FAQ

• How do I access HTF Pivots Signals? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.
• Does this indicator repaint? No, the indicator is designed to be stable and non-repainting; once a signal is confirmed at the close of a bar, it remains fixed.
• Can I use this on any instrument? Yes, the indicator is compatible with all market types including Forex, Crypto, Stocks, and Futures across any TradingView timeframe.