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Hi Archstone --
Here is an afl program that plots the pivot points for tomorrow in the space to the right of the last bar. Hope this helps,
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// PivotPoints.afl // // Traditional pivot points.
// Thought by some to indicate levels of support // and resistance. //R2 = P + (H - L) = P + (R1 - S1) //R1 = (P x 2) - L //P = (H + L + C) / 3 //S1 = (P x 2) - H //S2 = P - (H - L) = P - (R1 - S1)
P = (H + L + C) / 3; R1 = (P * 2) - L; S1 = (P * 2) - H; R2 = P + (R1 - S1); // P + (H - L) S2 = P - (R1 - S1); // P - (H - L) Plot(C,"C",colorBlack,styleCandle); // Displace the plot of the pivot points one bar
// to the right. // Pivot points are based on the current bar, // but are thought to provide indication of // support and resistance for the next bar. // Displace=1; Plot(R2,"R2",colorRed,styleLine,0,0,Displace);
Plot(R1,"R1",colorPink,styleLine,0,0,Displace); Plot(P,"P",colorBlue,styleLine,0,0,Displace); Plot(S1,"S1",colorPaleGreen,styleLine,0,0,Displace); Plot(S2,"S2",colorGreen,styleLine,0,0,Displace);
//Figure 8.5 Pivot Points
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Thanks, Howard www.quantitativetradingsystems.com
On Jan 17, 2008 6:06 PM, archstone2003 <
archstone2003@xxxxxxxxx> wrote:
Hi,
Can we draw beyond the last bar? I am asking this because I want to
draw the stop for tomorrow. The stop is calculated based on past data
(include today), but it will be applied to tomorrow.
I know I can just write the value into "Interpretation" pane, but if I
can plot it, it will be very intuitive visual wise.
Just need to draw a very short line or a dot beyond the last bar.
Thanks.
Wei
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