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The correct should be: S2 = (P - (R2 - S1)), I apologize for the
confusion, error, a new file will be uploaded today. Thank you for
pointing this out.
Best Wishes
Anthony
bdunne_uk wrote:
> In the AmiBroker AFL Download area there are two indicators written
> by Tiziano Fogliata and Anthony Faragasso. They both use the
> following formula for calculating Pivot Point Support Level S2 -
>
> S2 = (P - (R1 - S1))
>
> However, the only other place I have seen this defined calculates S2
> as follows -
>
> S2 = (P - (R2 - S1))
>
> Does anybody know which is correct, or where this is defined. TIA.
>
>
>
> Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
Attachment:
doc00011.doc
Attachment:
Description: "Description: MS-Word document"
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