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Thinkorswim 3 day pivot indicator1/28/2024 ![]() ![]() That doesn't mean it won't work for other instruments, just what I have spent time looking at. This indicator can be used on Daily/Weekly/Monthly timeframes but it is intended for Day Trading futures. ![]() For this reason, there is a vertical line on the chart that displays the RTH open time but can be switched off OR modified to show another time. RTH opens above the bearish reversal zone but then trades back through it.this is weakness and likely targets the bullish reversal zone. ![]() They provide context on market opening and inform you what to expect - eg. When combined with other analysis like Vol profile, Price Action, Support/Resistance, Trendlines, etc they can become powerful. These levels, as with most pivots, are simply areas of reference. This is a modified Camarilla pivot setup that has been made popular by PostyTrades on Twitter. ![]()
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