Sri - Pivot + Vital Moving Averages

Sri – Pivot + Vital Moving Averages

Sri – Pivot + Vital Moving Averages is an advanced all-in-one indicator that blends trend-following moving averages with multi-timeframe pivot levels (Daily, Weekly, Monthly). It is designed to give traders a complete view of both trend direction and key support/resistance zones, all in a single package.

By combining pivots and moving averages, this tool helps traders quickly identify whether the market is trending or ranging, while also highlighting critical price reaction points that can be used for intraday, swing, or positional trading.

🔹 Moving Averages

50 EMA → medium-term trend filter

200 EMA → long-term trend bias

800 HMA → ultra-smooth trend direction, great for capturing cycles

Daily EMA 200 → higher timeframe trend guide for precision entries

Each moving average is dynamically color-coded to reflect the market bias, making trend changes visually clear and easy to follow.

🔹 Pivot Levels (Daily, Weekly, Monthly)

Auto-calculated pivot, support (S1–S4), and resistance (R1–R4) levels

Balance Zone (BC & TC) highlighted with background shading

Custom colors, visibility toggles, and line thickness options

Dynamic horizontal levels that update with each new session

Ideal for spotting intraday reversals, swing levels, and institutional confluence zones

🔹 Customization & Flexibility

Toggle EMAs, HMA, and each pivot timeframe (Daily/Weekly/Monthly) individually

Full control over colors, transparency, and line styles

Background shading between pivot balance zones for clearer structure

✅ Key Benefits (Pros)

All-in-One Tool → Combines pivots and MAs into one clean package, saving chart space

Multi-Timeframe Edge → View daily, weekly, and monthly pivot levels together for better confluence

Clear Trend Guidance → EMA & HMA color shifts reflect trend changes instantly

Professional Visualization → Background balance zones and structured layouts make levels easy to read

Highly Customizable → Designed to adapt to intraday scalpers, swing traders, and long-term investors alike

⚠️ Things to Keep in Mind (Cons)

Charts may feel visually crowded if all pivots and moving averages are enabled at once

Best used as a confirmation & confluence tool, not as a stand-alone trading strategy

🔥 Recommended Enhancements (For Even Higher Success Rate)

This script already provides a strong edge, but adding the following tools can make it even more powerful:

Volume Confirmation (OBV or VWAP) → Validate pivot/EMA breakouts with volume strength

Momentum Filter (RSI or MACD Histogram) → Confirm directional momentum before acting on pivot touches

Trend Strength (ADX or Supertrend) → Distinguish strong trending phases from weak ranges

Reversal Candlestick Highlight → Automatically mark engulfing candles or pin bars occurring at pivots

These lightweight add-ons integrate well with the existing framework and can improve decision-making without cluttering the chart.

📊 Best Use Cases

Intraday Traders → Use daily pivots with 50/200 EMA for quick scalps and reversals

Swing Traders → Rely on weekly and monthly pivots for confluence with 200 EMA trend bias

Institutional/Positional Traders → Track 800 HMA and higher timeframe EMA 200 for structural guidance

Confluence Hunters → Combine pivot levels with trend bias for high-probability setups