Re: weekly pivots

[Claud Baruch <claudb@xxxxxxxxxxxxx>]

Bijan, I DO plot them manually GOING FORWARD. If you wait until Monday's
close, you can see all the pivots for that week. I choose not to wait and
therefore
plot them manually on the weekend.

Claud

Bijan Khezri wrote:

> Thanks Claud.  For some reason I was under the impression that you once had
> said that you plotted these manually.  Wrong impression as I see.
>
> Bijan
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Claud Baruch
> Sent: Saturday, November 16, 2002 11:08 AM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: weekly pivots
>
> Here you are, Bijan.
> This plots the pivot, R1, R2, S1, and S2.
>
> Claud
>
> Dw:=If(DayOfWeek()<=Ref(DayOfWeek(),-1),1,0);
> {Weekly Typical Price}
> PP1:=If(Dw=1,
> {then}(Ref(HighestSince(1,Dw=1,H),-1)+
> Ref(LowestSince(1,Dw=1,L),-1) +
> Ref(C,-1))/3,
> {else}0);
> {Weekly High}
> Wh1:=If(Dw=1,
> {then}Ref(HighestSince(1,Dw=1,H),-1),
> {else}0);
> {Weekly Low}
> Wl1:=If(Dw=1,
> {then}Ref(LowestSince(1,Dw=1,L),-1),
> {else}0);
> Wh:=ValueWhen(1,Wh1>0,Wh1);
> Wl:=ValueWhen(1,Wl1>0,Wl1);
> {Pivot Point}
> PP:=ValueWhen(1,PP1>0,PP1);
> {Resistance 1}
> R1:=(2*PP)-Wl;
> {Support 1}
> S1:=(2*PP)-Wh;
> {Resistance 2}
> R2:=(PP-S1)+R1;
> {Support 2}
> S2:=PP-(R1-S1);
> R2;
> R1;
> PP;
> S1;
> S2
>
> Bijan Khezri wrote:
>
> > Does anyone know how to write an indicator to plot the weekly pivot
> > ((h+l+c)/3) on a daily chart?  Thanks
> >
> > Bijan