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Re: Pivot Point Calculations



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--- In amibroker@xxxx, Anthony Faragasso <ajf1111@xxxx> wrote:
Anthony,

Thank you for that informative attachment.

Barry.

> Hello,
> 
> 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.