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If you copy the formula an put the lines in your
daily chart, you will see the lines that appears.
If i change to quarter or to yearly period, the daily
pivot becomes quarter or year too.I know the number of
the quarter and year.But I can not plot it in a chart
with daily data.Is there any idea?
--- Preston Umrysh <pumrysh@xxxxxxxxx> wrote:
> 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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