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Re: How can i get a Line of the Pivot Point



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I think we have a nonclamenture difficulty. A 
traders's pivot is often represented by yesterday's (H+L+C)/ 3. There are a 
number of these. Some work some days and some work on others. However, pivot are 
often used synonymously with swing high  & swing low. where you look 
back for a previous high with x lower bars before e.g. 10 and y e.g. lower 
bars after it and vice versa for a swing low. Hope this helps. 
 
DJ
<BLOCKQUOTE dir=ltr 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Lionel 
  Issen 
  To: <A title=metastock@xxxxxxxxxxxxx 
  href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx 
  Sent: Friday, April 05, 2002 7:22 
PM
  Subject: RE: How can i get a Line of the 
  Pivot Point
  
  PivotPoint:=(H+L+C)/3<SPAN 
  class=213112018-05042002> will give you the average price, it cannot give you 
  a pivot point.
  <SPAN 
  class=213112018-05042002> 
  Go to the 
  Equis and Guppy sites I think there are pivot point formulas 
  there.
  <SPAN 
  class=213112018-05042002> 
  Lionel 
  Issen
  
    <FONT face=Tahoma 
    size=2>-----Original Message-----From: <A 
    href="mailto:owner-metastock@xxxxxxxxxxxxx";>owner-metastock@xxxxxxxxxxxxx 
    [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of T.E.M. 
    LockefeerSent: Friday, April 05, 2002 7:24 AMTo: 
    metastock@xxxxxxxxxxxxxSubject: How can i get a Line of the Pivot 
    Point
    Hello List
     
    I want to see a line of the Pivot Point in my 
    chart
     
    I have in Indicator Builder :
     
    PivotPoint:=(H+L+C)/3;
    but i donot get the line ? How to do that 
    ?
     
    Thanks
     
    Theo
     
     
     
     
     
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