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Hello,
Be aware that the Pivot Points formula on this page is incorrect. As
written, it effectively displaces the plot by a day.
The pivot, S1, R1, etc. are calculated from the PREVIOUS day's price bar
therefore, in order to plot it on a Metastock chart, the formula should
be more like this:
pivot::=Ref((H+L+C)/3,-1);
r1:=pivot*2-ref(L,-1);
s1:=pivot*2-ref(H,-1); etc.....
Regards,
Kevin
At 20:48 09/06/2003 +0200, you wrote:
Hi,
http://trader.online.pl/MSZ/e-0-tytulowa-p.html
Mihail
----- Original Message -----
From: Dusan D
To:
Metastockusers@xxxxxxxxxxxxxxx
Sent: Monday, June 09, 2003 7:08 PM
Subject: [Metastockusers] Pivot Points & MetaStock 8.0 Pro
Can somebody help me how to setup conventional daily pivot points in
Metastock? I tried to apply them from formula list however I don't
see any lines or anything in price window.
Thanks.
DD
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