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Hello again Neo :
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 11:06
PM
Subject: RE: How can I get a Line of the
Pivot Point
<FONT face=Arial color=#008080
size=4>Theo
<FONT face=Arial color=#008080
size=4>
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.
<FONT face=Arial color=#008080
size=4>
TL : usefull thanks. (I
got it to work with :(H+L+C)/3;
).
It
would be incorrect to call your formula a pivot point.
<FONT face=Arial color=#008080
size=4>
TL
: others (It is the classic formula for a pivot point according to Lucas
and Le Beau said
<FONT face=Arial color=#008080
size=4> John) are calling this
a pivot point and i donot mind but "a pivot point is a price
array"
<FONT face=Arial color=#008080
size=4> looks to me a little
contradictionary or ? a pivot point should at least be "a point" or
;)
<FONT face=Arial color=#008080
size=4> to me this is also
not important (which name
it has) and i am willing to test and try any
formula if<FONT face=Arial
color=#008080 size=4> it might be usefull to generate
profits.
<FONT face=Arial color=#008080
size=4>
<FONT face=Arial color=#008080
size=4>====> Please give your formula for a pivot
point.
<FONT face=Arial color=#008080
size=4>
<FONT face=Arial color=#008080
size=4>
<FONT face=Arial color=#008080
size=4> 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.
<FONT face=Arial color=#008080
size=4>
If
we wish to communicate then proper use of names is important.
:-)
<FONT face=Arial color=#008080
size=4>
TL
: of course , clear at the moment is that one definition of a
pivot point <> to another
<FONT face=Arial color=#008080
size=4> definition(s) of
a pivot point :)
<FONT face=Arial color=#008080
size=4>
<FONT face=Arial color=#008080
size=4>Thanks again !
<FONT face=Arial color=#008080
size=4>
<FONT face=Arial color=#008080
size=4>Theo
<FONT face=Arial color=#008080
size=4>
<FONT face=Arial color=#008080
size=4>
<FONT face=Arial color=#008080
size=4>
<FONT face=Arial color=#008080
size=4>
<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.
<BLOCKQUOTE dir=ltr
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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
<FONT face=Arial
size=2>
<FONT face=Arial color=#008080
size=4>Theo
<FONT face=Arial color=#008080
size=4>
<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.
<FONT face=Arial color=#008080
size=4>
<FONT face=Arial color=#008080
size=4>TL : There are more people who call this the Pivot Point
(what is in a name :) )
<FONT face=Arial color=#008080
size=4>
<FONT face=Arial color=#008080
size=4> Question : what is in your opinion then the formula for the
pivot point ?
<FONT face=Arial color=#008080
size=4>
<FONT face=Arial color=#008080
size=4>
<FONT face=Arial color=#008080
size=4>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".
<FONT face=Arial color=#008080
size=4>
<FONT face=Arial color=#008080
size=4>TL : i got it to work with (H+L+C)/3;
<FONT face=Arial color=#008080
size=4>
<FONT face=Arial color=#008080
size=4>
<FONT face=Arial color=#008080
size=4>Thanks
<FONT face=Arial color=#008080
size=4>
<FONT face=Arial color=#008080
size=4>Theo.
<FONT face=Arial color=#008080
size=4>
<FONT face=Arial color=#008080
size=4>
<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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