Hey there, fellow traders! Today, I want to dive into a nifty tool that can really elevate your trading game—the Dynamic Pivots indicator. This gem is based on the brilliant concept from Austin Passamonte and calculates pivots for any time frame you choose, as long as it's higher than the time frame of your chart.
So, what's the deal with this indicator? It comes with two modes of calculation:
- Original Mode: This follows Austin Passamonte's original idea for calculating pivots.
- Alternate Mode: This one leans more towards identifying support and resistance levels.
- You can utilize this indicator just like any standard pivots indicator.
Give it a whirl and see how it fits into your trading strategy!
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