Based on the Austin Passamonte's idea , this indicator calculates pivots for any time frame (provided that the chosen time frame is higher than the chart time frame).

Two modes of calculation :

• original (when it calculates as in the  Austin Passamonte's idea)
• or alternate mode (when it is more support / resistance inclined)

Recommendations:

• Use it as any other pivots
• Since the code is optimized (only last bar calculated on new ticks), it can easily be used from any other code via iCustom()