Pivots High-Low Screener & Alerts

Dec 26, 2021

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Signals
Dashboard
Pivot Based (Retrospective)

The Pivots High-Low Screener & Alerts indicator is a comprehensive scanning tool designed to identify and alert users of technical pivot points across multiple assets simultaneously. This script eliminates the need for opening numerous charts by monitoring up to 25 different tickers from a single interface, providing consolidated alerts for pivot high and pivot low formations.

Usage

To use the tool, apply it to a single chart and configure your desired timeframe. The script will automatically scan the 25 tickers defined in the settings based on the current chart's resolution.

Key features include:

  • Multi-Ticker Monitoring: Track price action for 25 symbols (customizable in inputs) at once.
  • Visual Tables: Two tables appear on the chart—one for Pivot Highs and one for Pivot Lows—showing the ticker, current close, and the identified pivot price.
  • Consolidated Alerts: Instead of separate alerts for every symbol, the script generates a summary alert string containing all detected pivots for the current bar.
  • On-Chart Labels: High and low pivot points are labeled directly on the main chart for the active symbol.

Details

The indicator utilizes the ta.pivothigh() and ta.pivotlow() functions to detect price structural points where a bar is higher or lower than its neighbors within a specific lookback and lookforward window (Left and Right lengths). It uses request.security() to fetch data for the 25 user-defined symbols. The alert system is optimized to concatenate results, ensuring that if multiple symbols hit a pivot point on the same bar, you receive a single, organized notification.

Settings

Length Left / Right

  • Pivot High (Left/Right): Defines the number of bars to the left and right required to confirm a Pivot High. Includes a color picker for the visual label.
  • Pivot Low (Left/Right): Defines the number of bars to the left and right required to confirm a Pivot Low. Includes a color picker for the visual label.

Symbol Inputs

  • Sym 01 - Sym 25: Allows the user to input the specific ticker symbols they wish to screen.

FAQ

How do I change the timeframe for the scan?

Simply change the timeframe of the chart the indicator is attached to. The scanner uses the current chart's periodicity for all its security requests.

Can I monitor more than 25 tickers?

This specific version is configured for 25 tickers to maintain performance and stay within standard script limits, though the underlying logic supports expansion if modified.

How do I get access to the Pivots High-Low Screener & Alerts?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.

Free access on the following platforms
tradingviewSymbolTradingView
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