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I don't know what the standard Pivot Point you have considered but
this website provides the correct numbers for the daily chart IMO.
http://www.livecharts.co.uk/pivot_points/pivot_points.php?symbol=ASA
--- In amibroker@xxxxxxxxxxxxxxx, "sidhartha70" <sidhartha70@xxx>
wrote:
>
> There is no sense plotting daily pivots on a daily chart... so if
you
> are using daily charts, then, yes, "inWeekly" would make more
sense...
>
> --- In amibroker@xxxxxxxxxxxxxxx, "Mohammed" <softnews2003@> wrote:
> >
> >
> > Hi guys;
> >
> > If I want to plot the pivot in the daily chart, should I need to
change
> > "inDaily" to "inweekly" for the Calculation?
> >
> > Regards
> >
> >
> >
> >
> > --- In amibroker@xxxxxxxxxxxxxxx, "sidhartha70" <sidhartha70@>
wrote:
> > >
> > > Use PlotText()... here's some standard Pivot code...
> > >
> > > H1=SelectedValue(TimeFrameGetPrice( "H", inDaily, -1 ));
> > > L1=SelectedValue(TimeFrameGetPrice( "L", inDaily, -1 ));
> > > C1=SelectedValue(TimeFrameGetPrice( "C", inDaily, -1 ));
> > >
> > > /*PIVOT Calculation*/
> > > p = ( H1+ L1 + C1 )/3;
> > > s1 = (2*p)-H1;
> > > r1 = (2*p)-L1;
> > > s2 = p -(H1 - L1);
> > > s3 = S1 - (H1-L1);
> > > r2 = p +(H1 - L1);
> > > r3 = R1 +(H1-L1);
> > >
> > > Plot (p,"Pivot",25,styleDashed|styleNoRescale);
> > > PlotText("PIVOT",BarCount,LastValue(p),25);
> > > Plot (r1,"R1",40,styleDashed|styleNoRescale);
> > > PlotText("R1",BarCount,LastValue(r1),40);
> > > Plot (r2,"R2",40,styleDashed|styleNoRescale);
> > > PlotText("R2",BarCount,LastValue(r2),40);
> > > Plot (r3,"R3",40,styleDashed|styleNoRescale);
> > > PlotText("R3",BarCount,LastValue(r3),40);
> > > Plot (s1,"S1",44,styleDashed|styleNoRescale);
> > > PlotText("S1",BarCount,LastValue(s1),44);
> > > Plot (s2,"S2",44,styleDashed|styleNoRescale);
> > > PlotText("S2",BarCount,LastValue(s2),44);
> > > Plot (s3,"S3",44,styleDashed|styleNoRescale);
> > > PlotText("S3",BarCount,LastValue(s3),44);
> > >
> > >
> > >
> > > --- In amibroker@xxxxxxxxxxxxxxx, "droskill" droskill@ wrote:
> > > >
> > > > In the interest of others that might find it useful - here's
the
> > code
> > > > for Quotetracker Pivot Points - I'm also working on a version
for
> > > > Camarilla Pivot Points.
> > > >
> > > > One question for the group - I'd love to display a
little "R1" next
> > to
> > > > each line on the left side of the screen - any easy way to do
that?
> > > >
> > > > Thanks - and thanks LaL for helping me with this.
> > > > ---------------------------------------------
> > > >
> > > > Show_Prev = ParamToggle("Display Pivots", "No|Yes", 1);
> > > >
> > > > // Get Previous Day's close, Low and High
> > > > Prev_Close = TimeFrameGetPrice( "C", inDaily, -1,
expandFirst) ;
> > > > Prev_Low = TimeFrameGetPrice( "L", inDaily, -1, expandFirst) ;
> > > > Prev_High = TimeFrameGetPrice( "H", inDaily, -1,
expandFirst) ;
> > > > Today = LastValue(Day() );
> > > > P = (Prev_High + Prev_Low + Prev_Close)/3;
> > > > R1 = (P*2)-Prev_Low;
> > > > S1 = (P*2)-Prev_High;
> > > > R2 = P + (R1 - S1);
> > > > S2 = P - (R1 - S1);
> > > >
> > > >
> > > > if(Show_Prev)
> > > > {
> > > > Plot(IIf(Today == Day(), P, Null), "P", ParamColor("P",
colorRed),
> > > > styleLine|styleThick|styleNoRescale);
> > > > Plot(IIf(Today == Day(), R1, Null), "R1", ParamColor("R1",
> > colorRed),
> > > > styleLine|styleThick|styleNoRescale);
> > > > Plot(IIf(Today == Day(), R2, Null), "R2", ParamColor("R2",
> > colorRed),
> > > > styleLine|styleThick|styleNoRescale);
> > > > Plot(IIf(Today == Day(), S1, Null), "S1", ParamColor("S1",
> > colorRed),
> > > > styleLine|styleThick|styleNoRescale);
> > > > Plot(IIf(Today == Day(), S2, Null), "S2", ParamColor("S2",
> > colorRed),
> > > > styleLine|styleThick|styleNoRescale);
> > > > }
> > > >
> > >
> >
>
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