LEVELS INDICATOR
Pivot Points
Calculates repeatable session reference levels from prior price data.
Start with the input, not the story.
Prior-session central tendency and projected support or resistance bands.
Plain-language formula
Classic pivot = (prior high + low + close) / 3, with formula-based outer levels.
Platform implementations can differ in price input, smoothing, indexing and rounding. Record the exact settings and provider before comparing results.
03 / USEFUL REGIME
Where it may help
Intraday context when broker session boundaries are controlled.
04 / WEAK REGIME
Where it struggles
Feeds with different daily cut-offs and markets ignoring historical session levels.
Add a different measurement.
ATRSession contextPrice action
A complementary tool should answer a different question, such as volatility, regime or position risk. Test the base rule before testing the combination.
The shortcut to avoid
Treating a calculated line as an order-flow fact.
A testable next step
Fix timezone and feed, then compare touch, rejection and breakout rules.