Script:                RTT PivotsT

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Purpose:            Draw the set of Pivot lines, based on previous day's Hi, Lo, Close and current day's Open. The seven lines represent key levels for the day's trading range, which can help the Intraday trader pick entry and exit levels for long or short trades.

This script is a variant of RTT PivotsY, shifting the levels towards the current day's Open price.

Differences between these two variants may be only subtle, but some stocks seem to react better to this modification than the standard version. As an example, view BHP's candle on 10 December.

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References:        Pivot Points defined at Investopedia
Trading Plan using Pivot Points
Base version RTT PivotsY

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Parameters:       Base Day = day number, from which the Pivot set is calculated; 2 is "yesterday".
Pivot Line = the central line
Pivot is surrounded by three Support and three Resistance levels.
Please note the "bend" where the lines jump from "yesterday", when the next day's Open is yet unknown, to the target day, when the new Open price comes into the equation.

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Example

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