Protected Pivots Points by Riotwolftrading

Protected Pivots Points by Riotwolftrading

---

You have an advanced visual tool designed for traders who want to identify and manage key price levels with maximum precision.

This script detects protected pivots (significant highs and lows) and marks them with horizontal lines on the chart. These lines automatically extend for a fixed number of bars or until price invalidates the level with a closing break.

---

🚀 What makes this indicator special?

---

✅ Protected pivot detection:
The indicator identifies protected highs and lows using a fixed pivot strength



✅ Wick break detection (liquidity sweep visualization):
When a wick crosses the pivot level **without the candle closing beyond the level, the indicator automatically changes the line’s color and style.

👉 This immediately shows the trader that the level was tested but remains structurally valid.

✅ Highly customizable visuals:

* Choose whether to show color for protected highs, lows, or wick break levels.
* Set your own colors, line styles (solid, dashed, dotted), and line widths.

---

### 🌟 Why is wick break detection so valuable?

---

💡 Instant context on price action:
No need to manually check every candle to see if a level was barely tested. The indicator changes the line’s appearance automatically, so you can focus on decisions.

💡 Clear distinction between untouched levels and tested levels:

* A level with no wick test is pristine support/resistance.
* A level tested by a wick but not invalidated is still valid — but may have been swept for liquidity.

💡 Crucial for precision trading strategies:
This is particularly important for strategies that rely on:
✅ Liquidity sweeps / stop hunts.
✅ Reversals from tested zones.
✅ Smart Money Concepts (SMC).
✅ ICT concepts, breakers, Quasimodo, BOS/MSS.

The wick break visualization helps filter false breakouts and highlights areas where institutional players may have stepped in.

💡 Avoid premature exits or entries:**
The color/style change tells you a level was tested but not broken, so you avoid overreacting to wick activity.

---

### ⚡ Example use case**

Imagine a protected low line:
🔹 Price dips and its wick touches the level — the line changes color (e.g. violet solid line).
🔹 The level is still valid because the close didn’t break it.
🔹 This could signal a stop hunt or liquidity grab, with a possible reversal opportunity right at that level.

---

### 🧭 **Why most pivot indicators don’t offer this**

Most pivot indicators:
❌ Simply mark the level and remove it after a close break.
❌ Don’t distinguish between a wick test and a true break.

🌟 **This indicator does — giving traders an extra layer of market insight.**

---

### ⚠ **Disclaimer**

This indicator is a visual aid to help identify key levels and price reactions. It does **not** generate buy or sell signals and should be used alongside your trading analysis and strategy.

---