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<FONT face=Arial color=#008080
size=4>Theo
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When
you removed the definition parameters it will then plot. For future reference, a
variable will only plot if you put the variable name by itself in the formula,
after the definition. If within the formula follow it with a ";", if it is at
the end then the ";" is not necessary.
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It
would be incorrect to call your formula a pivot point. A pivot point is a price
array where the value(s) before and after are lower for a high pivot point and
the reverse for a low pivot point.
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If we
wish to communicate then proper use of names is important.
:-)
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<FONT face=Arial color=#008080
size=4>neo
<FONT face=Tahoma
size=2>-----Original Message-----From:
owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of T.E.M. LockefeerSent: Friday, April 05, 2002 1:05
PMTo: metastock@xxxxxxxxxxxxxSubject: Re: How can I get
a Line of the Pivot Point
Hello NEO,
1) Thanks .
Please look at my TL remarks.
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
neo
To: <A title=metastock@xxxxxxxxxxxxx
href="mailto:metastock@xxxxxxxxxxxxx">metastock@xxxxxxxxxxxxx
Sent: Friday, April 05, 2002 6:03
PM
Subject: RE: How can I get a Line of
the Pivot Point
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<FONT face=Arial color=#008080
size=4>Theo
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<FONT face=Arial color=#008080
size=4>The formula you have written is for the "typical price" which is a
MetaStock parameter. It is an average of the bar with a bias to the close.
It is not a formula for a PivotPoint.
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TL
: There are more people who call this the Pivot Point (what is in a
name :) )
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<FONT face=Arial color=#008080
size=4> Question : what is in your opinion then the formula for the
pivot point ?
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In
your formula you have created a variable (PivotPoint) [which I might call
TypicalPrice]. To get it to display add a second line to plot the variable:
"PivotPoint".
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TL
: i got it to work with (H+L+C)/3;
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<FONT face=Arial color=#008080
size=4>Thanks
<FONT face=Arial color=#008080
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<FONT face=Arial color=#008080
size=4>Theo.
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<FONT face=Arial color=#008080
size=4>neo
<FONT face=Tahoma
size=2>-----Original Message-----From:
owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of T.E.M. LockefeerSent: Friday, April 05, 2002 8:24
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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