[amibroker] Floor Trader Pivots

["Mohammed" <softnews2003@xxxxxxxxx>]

Hi All,

I'm trying to write the formula for Pivot Point, support and resistance as it showing in the following code.

/*

Pivot Point = [Yesterday's High + Yesterday's Low + Yesterday's Close] / 3

Support Levels

S1 = [Pivot Point * 2] - Yesterday's High

S2 = Pivot Point - Yesterday's High + Yesterday's Low

S3 = S2 - Yesterday's High + Yesterday's Low

Resistance Levels

R1 = [Pivot Point * 2] - Yesterday's Low

R2 = Pivot Point + Yesterday's High - Yesterday's Low

R3 = R2 + Yesterday's High - Yesterday's Low

*/

Piv = Ref(H,-1) + Ref(L,-1) + Ref(C,-1)/ 3;
S1 = Piv*2 - Ref(H,-1);
S2 = Piv - Ref(H,-1) + Ref(L,-1);
S3 = S2 - Ref(H,-1) + Ref(L,-1);

R1 = Piv*2 - Ref(L,-1);
R2 = Piv + Ref(H,-1) - Ref(L,-1);
R3 = R2 + Ref(H,-1) - Ref(L,-1);

Plot(S1,"S1",colorgreen, styleLine);
Plot(S2,"S3",colorgreen, styleLine);
Plot(S3,"S3",colorgreen, styleLine);

Plot(R1,"R1",colorRed, styleLine);
Plot(R2,"R2",colorRed, styleLine);
Plot(R3,"R3",colorRed, styleLine);

BUT this gives me wrong result???

 Any one can help please Why I got wrong result?

Also I would like to plot it as a horizontal line not as indicator.  As it showing here

FloorTrader Pivots 

All the best.

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