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This is the daily pivot with support/resistence:
Pivot Price Indictor[plots 5]
{P = Pivot Price}
(H + L + C)/3;
{R1 = 1st Resistance}
(2*((H + L + C)/3))-L;
{S1 = 1st Support}
(2*((H + L + C)/3))-H;
{R2 = 2nd Resistance }
(((H + L + C)/3)-((2*((H + L + C)/3))-H))+((2*((H + L + C)/3))-L);
{S2 = 2nd Support}
((H + L + C)/3)-(((2*((H + L + C)/3))-L)-((2*((H + L + C)/3))-H))
{end}
I'm not sure that your monthly formula is treating the close
correctly since it is simply calling for yesterday's close. Once you
have the correct daily and monthly formula that you want, it
shouldn't be hard to convert to quarterly and yearly.
P
--- In equismetastock@xxxx, "elnec37" <elnec37@xxxx> wrote:
> I have the formula, that plots the Pivots Points, for the Month
>
> Dm:=If(DayOfMonth()<=Ref(DayOfMonth(),-1),1,0);
> PP3:=If(Dm=1,(Ref(HighestSince(1,Dm=1,H),-1)+
> Ref(LowestSince(1,Dm=1,L),-1) +
> Ref(C,-1))/3,0);
> Mh1:=If(Dm=1,Ref(HighestSince(1,Dm=1,H),-1),0);
> Ml1:=If(Dm=1,Ref(LowestSince(1,Dm=1,L),-1),0);
> Mh:=ValueWhen(1,Mh1>0,Mh1);
> Ml:=ValueWhen(1,Ml1>0,Ml1);
> PPM:=ValueWhen(1,PP3>0,PP3);
> R1:=(2*PPM)-Ml;
> S1:=(2*PPM)-Mh;
> S2:=S1-(R1-S1);
> R2:=R1+(R1-S1);
> S3:=PPM-(Mh-Ml);
> R3:=PPM+(Mh-mL);
> evm:=(mh-PPM)+ml;
> S2;s3;s1;ppm;evm;r1;r3;R2;
>
> My question is:How can i plot the lines that refer to Quarter of
the
> yar, or to the Year?
> The Pivot Point is no exotic Number. It's only the
> (High+Low+Close)/3, the TYP() function otherwise.How can I plot
that
> number in a chart that contains daily data?
> Can anyone help?
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