Rob Booker - Intraday Pivot Points
Trend, RB IPP

- What it shows
Intraday pivot levels drawn for several periods at once, such as 60, 240 and 480 minutes.
- How it is built
For each chosen period the previous period's high, low and close give a pivot with support and resistance lines.
Default: Look back 5, periods 60, 240 and 480 minutes.
- How traders read it
- Levels of several periods stacking up mark stronger areas.
- Price is watched for reactions around them.
- Levels are fixed after each period closes.
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