Pivot Points — the period is the consumer's knowledge
The previous period's high, low, and close draw this period's pivot (P) with its resistances (R) and supports (S) — the consumer states where a period ends through the anchor predicate (the core has no notion of a session; the same contract as VWAP). This demo takes the top of every hour as the boundary over one-minute bars, which is what a predicate of your own is for. For the ordinary case — a session that is a calendar day somewhere — `periodAnchor({ barStart: sessionStart({ timeZone }) })` is the one to reach for. The hole at a period's first bar is what breaks the horizontal segments apart.
Source
apps/examples/src/cases/pivots.ts — the real thing, type-checked in CI.
ts
import { PlotBuilder, browserDeps } from "@finchart/dom";
import type { OHLC } from "@finchart/core";
import { candleSeries, priceFormat, timeTicks } from "@finchart/core";
import { legend } from "@finchart/dom";
import { attachPivotPoints } from "@finchart/indicators";
import { fixtureCandles } from "./fixture";
import { chartHost } from "./stage";
export const title = "Pivot Points — the period is the consumer's knowledge";
export const description =
"The previous period's high, low, and close draw this period's pivot (P) with its resistances (R) and supports (S) — the consumer states where a period ends through the anchor predicate (the core has no notion of a session; the same contract as VWAP). " +
"This demo takes the top of every hour as the boundary over one-minute bars, which is what a predicate of your own is for. For the ordinary case — a session that is a calendar day somewhere — `periodAnchor({ barStart: sessionStart({ timeZone }) })` is the one to reach for. " +
"The hole at a period's first bar is what breaks the horizontal segments apart.";
export function mount(container: HTMLElement): () => void {
const host = chartHost(container, 480);
const plot = PlotBuilder.create<OHLC>(browserDeps({ autoSize: true }))
.setSize(container.clientWidth || 900, 480)
.setAxis({
x: { ticks: timeTicks({ timeZone: "UTC", locale: "en-US" }) },
y: { position: "right", format: priceFormat({ compact: true, locale: "en-US" }) },
})
.build(host);
const price = plot.mainPane.addSeries({
series: candleSeries(),
data: fixtureCandles(),
name: "Price",
});
plot.mainPane.use(
attachPivotPoints({
source: price,
// What the time axis means is knowledge held here, by the consumer — the
// top of the hour starts a new period. x is a number down at the type
// level, so it's counted as it is, with no conversion.
anchor: (candle) => candle.x % 3_600_000 === 0,
depth: 2,
}),
);
plot.use(legend({}));
return Object.assign(
() => {
plot.destroy();
host.remove();
},
{ requestRender: () => plot.requestRender() },
);
}